AUDCAD Entry Resistance level idea: 0.984000 Resistance TP Support level idea: Target 1: 0.962000 Final SL for all Short positions: 0.9915000 Resistance Level (This was first shared on 5 Feb 2021 in another group, just got time to have it post on trading view as well, hope you all enjoy.) -------------------- (Note: The forecast above is an estimation of...
EURJPY Entry Resistance level idea: 127.1000 Resistance TP Support level idea: Target 1: 125.75000 Target 2: 124.65000 Final SL for all Short positions: 127.9000 Resistance Level -------------------------------------------- EURJPY Trading Comment EURJPY currently focusing on the price action double top to see if it can be resisted over at 127.100...
Price will grow till its down trend line and fall to its support as ya see.
btc is about to complete head and shoulders. the targets are around 27k and 25k
AUDUSD Trading idea comment: The previous AUDUSD trading idea provided on the 12th of November 2020 was expired after the breakout of the final SL resistance level of 0.736000. The direction changed from bearish to bullish after the breakout. Market during the first half of January in 2021 was very quiet and did not fluctuate much for most pairs. However, I...
Short position for USDCHF below 0.8880, targets at 0.8855 - 0.8840, extended target 0.8820
I think AU will go short after creating that lower high and respecting the trend line. If it touches the trend line the third time i am expecting a strong bearish candle to form and then i scale in. So please follow me and check on my analysis i post them every day. Thanks happy trading week.
Like and follow for more free analysis. The trend lines and parallel channel are showing a possible Head and shoulder pattern on the pair. this could be a good swing, if the analysis is valid.
Short position below 1.2740, targets at 1.2655 - 1.2630
Dominant bias is bearish in my view, expecting a bull momentum before the bears can takeover. The pullback can reach 1900.00 area, i advise you to apply risk management at all times. patiently monitor the pullback or trade the expected rise also while waiting for the possible bearish movement.
AUDUSD has given the same intraday sell pattern as yesterday! this is a simple repeat move, stop above the high and target the recent lows! Trade sensibly!
Honestly, this is a very difficult chart to apply technical analysis on. We can see that none of the tops align, none of the bottoms align. It doesn't matter where you look, there is almost no possibility to draw horizontal areas. Most often when this happens, the price is moving in a trendy way. There is an inherent continuous down- or upforce that moves the...