Breakage of the five-week-old upward trend signals the GBPUSD 's brighter chances of further downside to the 1,2900 round figure. However, the 1.2810-1.2800 horizontal region could contain the pair's further declines. If sellers continue to dominate price movements below 1,2800, 1,2710 and 1,2610 could become their favorites. In the meantime, multiple resistors...
In a 4hr crack, EURUSD ready to crack the support hurdle to pass-over the past. EURUSD delivering its full potential to break the gateway to run a free-fall. The 1.13362 pass-over could help the pair to attain its destination. Traders watch-over for the trend break-out. I don't wanna to restrict the trade with specifications because support-breakout is the...
In a daily time frame, EURUSD ready to strike the 7-weeks old high. The pair is likely to gather potential for the up run, an Impulse formation from the current trend could fetch the 1.17676 this action can challenge the bears. Also, the pair's recovery after the 1.14881 has a high probability to keep the long run.
On the contrary, if the price...
Following the bull trend from Couple of weeks Market has now reached a strong resistance level where we can analyze techincally that market can correct from this strong Resistance level and reverse
We have different confirmations to take this trade
1-RSI overbought on Daily
2-Engulfing on H4
3-Strong resistance level
4-RSI overbought on H4
We can short now with...
Market has broken the daily support and now in downtrend ,,,
we have a pin bar formation just below the 50 EMA which is very good indication for continuation of down trend
we can enter in this market now with stops above the swing high of 20 pips
Shorting the CADJPY is such a powerful tool for portfolios in today's market environment. The trade benefits from 3 fronts: (1) NAFTA headwinds for the CAD, (2) Geopolitical risk-off dynamics of the JPY, and (3) Equity underperformance.
Attractive technicals and fundamentals for this trade. Plenty of JPY longs have been liquidated over the past week, but the...
Hello fellow traders,
Here to a very simplistic yet very efficient XRP analysis on the short term.
I'm calling a shot on XRP right now. My sniper has been loaded for a while but I now have a very clean confirmation of a kill shot.
First off we have a clean break of a consolidation box. Then we broke the Bollinger band and I draw your attention on them as you...
Bitcoin Update Next Buy/Sell Points
Coinbase Last Long Shot here but be ready to Reverse if signal is given
10:41 am GMT: Retest of neck line and OK whilst above 8700 -
can buy dips back to 8720 with stops below 8700 on GDAX
10:48am GMT: Coming back now and still within the paralells
- buy as low as possible to 8720 for small loss if wrong
Uncertain growth from the level (accompanied by partial closing of positions) can lead to correction to the level of 960.18.
Levels by X-Lines!
Regardless of the traded markets (stocks, currencies, currencies, metals), you can use the x-lines indicator to automatically build prices interesting to the market ( support and resistance levels).
The indicator has...
Brent Crude Oil UKOIL Last long shot with tight stops ready to reverse here if wrong
Right on key support at 62.18 with a low at 62.14. If this fails
here the entire wave from the lows is exhausted. At this
point, if seen, we switch from buying dips to selling rallies - it
will fall away to 61.15, bounce some and then likely fall away
to 59.44 and potentially...