GBPUSD-Weekly Market Analysis-Nov18,Wk5Still waiting for a retest at the blue zone for a buying opportunity.
The entire setup is a sideway consolidation, though, it has a stronger push to the downside, I will engage this trade should it retest as a counter-trend trade.
I will be sharing that with my inner circle should this trade is valid.
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Sideway
AUDJPY zone to play - rangesFrom bigpicture, We estimate this product : Range - high stability of force
Major resistance - supply zone 87 - 90
Major support - 76-80
We like to play short in supply zone, long around major support zone, by wait to see price action-pullback signal in zone
For short term trading,
Use support + offset as SL (in case of long)
Use resistance + offset as SL (in case of short)
For Long term trading,
Use ATH / ATL as your SL with low leverage setup
EURGBP trend analysisThis post (comment) is for educational purposes only. Past trading results
DO NOT guarantee future performance.
Hi everyone i was doing analysis for EUR/GBP currency pair, now i see somekind of consolidation of this pair, the market is in balance. If the balance is going to be broken, we can have a continuation bearish trend.
BTC in Ranging Market 8400-10150Action : Sideway Trade (Bias Long)
Prediction for coming few days BTC will move side way in range 8400-10150.
For today movement something like stay at middle of the range. For whole morning, it is bull day. Until now there is no sign of bull get weaken yet.To prove it is bull weaken , at least something like lower high in lower time frame like M5 .
Direction : Ranging bias Bull until it form a lower high in lower time frame and turn bear.
Resistance level might be 9700 / 10000.
Wait for signal long until that resistance level
or
Wait to short when bull is weaken.
Ehtrumusd move in sidaway ETHUSD move in sideway , we expect extreme move very soon - Bollinger band said - and we expect the move is upward - stochastic said -
the tallest trendline will try to impede falling down to reach the first target @313 then the major 0.618 Fibonacci retracements @319.15
we preferred put stop lose after confirmed break trendline under @286
USDCHF rebound suggests further choppy sideways trading The pair went through a mini roller-coaster Wed's session. Price dipped to 0.9930 in Europe b4 rebounding to session highs of 0.99 68 in NY but only to fall to 0.9929 after announcement of Trump's tax plan.
. Looking at the daily chart, despite dlr's resumption of MT fall fm 2016 6-year peak at 1.0344 after breaking Jan's low at 0.9862 to a 4-month bottom at 0.9814 in Mar, subsequent rise due to broad-based usd rally to as high as 1.0108 in Apr suggests said 3-legged decline has ended as this level was also accompanied by 'bullish convergences' on the daily oscillators. Having said that, dlr's decline to 0.9863
Bitcoin UP 70 cny before new dump for double bottomPitchfork for bitcoin? I think this is a big sideway and scalping are the best ways for make money with low risk. Prolly after rise 70 cny, Bitcoin make H&S bearish.






















