Hello Traders, Here's my analysis for GBPUSD for the next weeks! Trade Safe!
Looking to short this pair from the current supply zone
Cable is in an obvious BOUNCER market here, which is great! We are allowed to trade both short and long, inside the recognized range - as long as our TS has all of our trades are fully confirmed. Most technical studies show near-perfect signals when Mr. Bouncer rules the game. Recognized and confirmed a trading opportunity at point marked with the callout. Trade...
NZDJPY is approaching a strong resistance area. I will short the market in case of a bearish breakout of a rising wedge pattern. Target levels will be: 72.0 / 71.75
Hey here is AGI trade Call Buy in 235-240 Sell 245-260 Short Trade
4H CHART EXPLANATION: Price has bounced at the confluence zone between the Ascending Channel and the Resistance Zone (observe the daily chart below). After that, it has broken the Ascending Trendline, and now it is consolidating below. We consider that should be a nice bearish movement in the short term. DAILY CHART ANALYSIS:
Hello Traders, Here's my analysis for EURUSD Trade Safe
Someone pointed out to me how high $AMD was and this just JUMPED out at me as a short. Fib time zones... But look at how clear this is We even have a very clear stop on the 1 hr. For sure on watch Monday Join our discord and tell us what you see. Its free discord.gg
4H CHART EXPLANATION: We observe that price is consolidating on a corrective structure below the Broken Ascending Trendline. Now we will wait for a breakout and a bearish movement towards the Support Zone at 0.74500. If this zone is broken, then there is potential to reach the Support Zone at 0.7300. DAILY CHART EXPLANATION:
The Price will make now a Retrace up to the Supply zone. Then it will continue to drop.
Few reasons to go short on this pair: 1. We had a rejection on a major trendline on a Daily/4h chart. 2. Price broke out of a rising channel and at the moment is retesting the trendline. 3. We had a cross on ichimoku cloud on 30m, also MACD and RSI are matching their movement to the downside.
GOOG looks to be expeienceing what I would call 'wave failure' and remains a STRONG SELL! GOOG complete Cycle Waves 1,2,3 and 4. But, now the 5th impulse waves seems to be collapsing... Normal Terminal points for the 5th Wave are between .382-.618 GOOG briefly touch .382 before it retreated... NASDAQ:GOOG is a very interesting chart. *Please see...