Does this sound a little far fetched from where we currently stand today? Well it also did so when Bitcoin was trading at $10, $100 even $1000. In fact its entire historical price action seems far fetched but it has been trading on solid patterns that never broke down and always delivered.
What I want to focus on this time, is the projection of the current...
the market has recently broken a neckline on GBPUSD and now we have a perfect
chance to catch the retest of the broken level.
look for long trade around 1.218 level.
Target 1 - 1.229
Target 2 - 1.327
Stop - 1.209
Hello my dear friends,
USDJPY had that correction which lasted for few days and it's expected to end very soon.
Be prepared for any penetrating of the current resistance, only then we will buy the market and target higher levels.
After penetration, use very tight stop-loss below the latest bottom before the penetration.
Good luck my friend and to be updated...
Pattern: Descending Triangle on 1M.
Signal: Bullish as the price made contact with the 1M Support Zone.
Target: 109.000 (the 1D Resistance). For risk seekers, if the Golden Cross (MA50 over MA200) takes place on 1D (as seen on the chart) it can extend towards the 112.00 1W Resistance.
Hello my dear friends,
NZDUSD having a down slippage without accumulating the necessary bullish momentum to rise into higher levels.
Also showing a bearish momentum withdrawing which suggest that this currency pair would have a neutralize effect that could be translated into sideways market.
If you love sideways periods for your oscillation indicators, then...
S&P500 currently consolidates around strong level of resistance 2940.
I am focused on 2895 minor structure support level.
If bears break and close below this level,
for me, it will be a signal to short the market.
T1 - 2860
T2 - 2805
*if the market closes above the resistance setup will be invalid.
There are Two scenarios for NAS100USD.
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
It has been a while since LTC had a good move up and it may be a little longer still. Litecoin is in a Descending Triangle with an impending death cross, if in the next 3 to 5 days LTC does not close above $100.00 the death cross will materialize and it will send LTC into the 60's which will make it a perfect buy. LTC can be bought starting at around $68.00 all...
So the difficult thing about trading is trying to figure out the timing of your entry and exit. Is price low enough right now? will it go lower? The best thing to do is to learn to interpret the charts. To get the right clue you must find the timeframe and moving average where the battle is happening. In this case, the battle is in the 12H (12-hour timeframe) with...
The wave "iv" is developing. Although its internal structure looks staffed and the guidelines of alternation are also observed, at another rate it’s desirable for it to shift the blue channel sideways/up. Therefore, I consider both the possibility of complicating this wave to a triangle and simply the growth of the wave (C) of inside it
According to the rules,...
January 29, 2018 price fell below the 200MAand it did not recover until February 19, 2019. Right now price is hitting/testing the 200MA so this is what has happened. The move down was weak which is good and the move up is weak which it's ok, but not great. It looks though this line will be tested and re-tested, to be clear we can not close below this line or we...
EURJPY , Buy on DAILY.
- Price: Test support DAILY and preparing for testing trend line
- Structure: Reversal Pattern Possible
- Above support and Descending Triangle
- waiting pullback : zone 117.60-117.80-> Give signal candle => BUY
- Take profit: 118.9
Eye catching BUY setup forming on EURUSD pair.
See above chart for entry zone, stop-loss and take profit price and follow the trade with me. Let’s go ! :)
If you want full analysis with descriptions and real-time updates regarding live order and take profits level etc.
kindly join to our telegram group, here:...
Conclusion for today's EURCAD analysis: Price closing above ~1.48706 implies an increase in bullish strength.
Price action over the past 8 months is presented in today’s EURCAD analysis from December 27, 2018 to current date. A downtrend during the aforementioned period can be observed on the 6 hour timeframe. The 200 moving average (MA) is also indicated as...