The tendency is downward. The price is below resistant. --> Sell
On the Weekly and Daily Timeframes for EUR/AUD, We see that we have a clear break and retest of the trendline with Bearish Followthrough and Momentum. I am looking to short EUR/AUD into the Monthly support level of 1.5500. A Retracement back into the Trendline Resistance Area is possible as well as A means to provided liquidty for further downside to occur I am...
on Cable we have a Break of the Weekly Trendline and weekly Closure below monthly support at 1.3250. A retest to the zone and break below the Moving Averages has indicated a bearish Move potential with a 250 Pip Decline very Possible in the following weeks. I am looking to Short GBP/USD Following the Monday Open
Gbp/usd Has seen some major decline following weak inflation and gdp figures. does the market present us with another bearish signal?
- The price broken uptrend on TF D1. - Waiting pullback to resistant.
- The price broken uptrend on TF D1. - Waiting pullback to resistant.
On TF H1, the price is breaking trendline. waiting : price action confirmation !
On TF H1, the price is breaking trendline. waiting : price action confirmation !
TF H1: Given duoble reversal candle. The price closed above area support. --> BUY
On my last BTCUSD (bitcoin) Chart analysis I recommended a short sell from 9850 level, it has since than dropped around 1600 points, it has stayed in line with what was expected of it. For Bitcoin to break the bearish sentiment it has to rally and close at 11800 area for me to believe it is going north of 15000/17000 range. but as of now i am bearish and will be...
EUR/USD, EUR/JPY. EUR/AUD, EUR/GBP Weak Data, Dollar Strength, euro can gain some ground for a moment here
As i had mentioned earlier in my chart, Russell 2000 has done what was expected of him. Sure it went done first to take out stops but eventually it did not take much time for him to get right back up, we still have more room to the upside left before we see some side ways trading. As its still in the range bound territory so bears will have there way once again as well.
If price breaches Cloud resistance a typical target is the opposite edge of the Cloud, or $11.500-$12.900. This is known as an Edge-to-Edge trade. A long entry for this trade has triggered with a daily candle close within Cloud resistance. These trades also have a higher probability of success if they are accompanied by a bullish-tk cross, which is not currently...
Very short-term trade, this post is slightly late. A bearish bat pattern has already completed. I have shorted this pattern. R:R at about 1.1 and 1.9. Good luck.
After the big rally today we finally hit some resistances and reached the 22 day EMA. From here we have some room between the 11 day EMA and 22 day EMA for some slightly upward movement/sideways movement, but then joining the dominant down trend again I expect us to retest the ~257.70 low from March 23rd.
TNT has to break and stay above the 23.6% retracement level for a bull run other wise it can test the 61.2% retracement levels before going back up again. I would be very cautious buying at current price as it has strong upside resistance in place a break above that is definitely a bullish sign for this coin. TNT has partnered with Philips and Microsoft for...