HI HOPE YOU ARE DOING WELL ! I JJST SAW THIS MAYBE DOUBLE TOP FORMING ON THE H1 (MORE VISIBLE ON M15) AT THE PREVIOUS SWING HIGH. THERE IS ALSO A BEARISH DIVERGENCE. HOWEVER, IT SEEMS TOO GOOD TO BE TRUE AND I WOULD BE AWARE BEFORE TAKING THIS TRADE. AS WE ALL KNOW THERE ARE A LOT OF STOP-LOSS = LIQUIDITY ABOVE RECENT HIGHS SO I WOULDN'T BE SURPRISE TO SEE A...
PRICE BROKE THE DAILY BULLISH TRENDLINE BUT HAD A BIG PUSH FROM THE DAILY DEMAND ZONE. IT IS SOMETHING THAT I WILL KEEP IN MIND SINCE WE WERE IN A BULLISH TREND. I MIGHT LOOK AT A SELL OPPORTUNITY AT THE SUPPLY ZONE SINCE IT WOULD ALSO BE A BREAK & RETEST OF THE PREVIOUS TRENDLINE
this turn around is bound to happen
We are looking to short USD we have to entries if we get stopped out of break even on our first entry but we are at premium levels and believe the greatest gains will be in shorting this pair if we can get some bullish momentum on the DXY
USDCHF seem to be in a range after a LL and HL, price couldn’t make another HL and gets to a minor resistance level and rejecting from there, we looking for a perfect entry on confirming that that level of resistance still holds and ride it down to that level of support. Check your fundamentals for further confirmations. Cheers. Kindly follow for setup notifications
Since my last publication back in April , price has performed pretty much as expected. We did close a little above the 9.2K level at the end of May, but we could consider that within the error margin. This month we attempted to break higher, but 10K seems like a hard stop and by now we are back below the 9.2k key level. Bitcoin price is very stable as we have...
Netflix has broken out of huge ascending triangle, it is one of those few stocks for which current #Covid-19 situation is good for business, with people locked inside only thing they have to do is "Netflix & Chill" green range should act as good support now so buy close to it there are bearish bearish Divs printing on weekly & monthly but I feel this will go...
Under a strong supply and demand zone, the price was ranging from 108-107. So now, I am looking for a retest to 107.935 and down to 107.389 to having a better p/l ratio to trade. Otherwise, this trade will not be taken. Good Luck Guys! FX:USDJPY
Quite possibly an orderblock forming right here, 4h shows major wick to grab stops, possible trade, might have an S/L lower than this.
Auto-generated Levels drawn on a 4-hour chart. Short term bullish above 23 250. Long term bullish above 21 00. Short term resistance levels 24 000 & 24 500 - 25 000 // ProValueTrader
EURUSD downtrend is intact, A break below 1.044 and price will be in a freefall to parity proper and into the best buying zone(0.99-0.95) for the coming decade. I cannot overstate the importance of the buying zone. We been waiting for these prices since 2004. Above current price we have significant supply especially around 1.16 area which is what will pressure...