Get started

Technicalalysis

EURGBP, price back above support structuture, price to grow...Please Support this Idea with LIKE if it is Useful.... EURGBP The price is back above the support/resistance level, after a pullback if price holds the support then I expect the price to continue to grow.. For Entry: Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy.. Trade it with proper Sl.. In case price breaks below the level then we can look for sell opportunity.. Push LIKE & SUPPORT the Idea... *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions
Long
by Stargazer_fx
6
Gold Technical Analysis: Touch 1292 And New Sell entry 1294 GOLD edged higher on the last trading day of the week and jumped back above $1290 and 1294 level, just above over one-week tops set in the previous session. Gold H4 200 ma moving average is 1290.95 area breakout and stable this level touch 1296 level. and H4 100 ma moving average area 1285.40 level so stable 100 ma gold touch 1290 area. Gold Day 100 ma moving average level 1280.70 area so breakout this level gold touch 1290/96 area. And Technically Best Sell Area is 1296 level and take profit 1280 Area. Another way, GOLD breakout and stable 1305 level touch 1318 level. Previous Monthly High 1327.8 Previous Monthly Low 1280.1 Daily Fibonacci 38.2% 1279.06 Daily Fibonacci 61.8% 1276.92 Daily SMA100 1291.72 Daily SMA200 1251.07 NEWS:- It would be prudent to wait for a strong follow-through buying before confirming that the commodity might have actually bottomed out in the near-term and positioning for any further recovery, possibly back above the key $1300 psychological mark.
TVC:GOLDLong
by Saleh11
AUD/USD high conviction opportunityOvernight we saw the Aussie take a a hammer blow. With below-forecast Australian Q4 GDP signalling that the country officially entered a “per capita” recession for the first time since 2006. The Aussie was originally pressured by Governor Lowes reiteration of his neutral stance whilst he also noted that is hard to see an RBA rate hike this year. This is what he actually said. "RBA has flexibility to adjust monetary policy in either direction, probabilities of a rate hike or cut are evenly balanced. He also stated it is hard to imagine a rate hike this year, and it is unlikely inflation will be a problem anytime soon. Lowe added that he is confident inflation will get back to the middle of 2-3% target range, Q3 and Q4 GDP likely to be significantly below trend."This coupled with the disappointed GDP caused AUD/USD to plummet before testing 0.7050 to the downside. Another hit was dealt after JP Morgan downgraded their RBA rate forecast to two 25bps rate cuts in July and August 2019, in-line with Nomura’s forecast. On the USD side of the equation we have the DXY initially easing from post-ISM highs wherein the index tested 97.000 to the upside and straddled around 2-week highs. The AUD weakness has spurred the USD on. I see the Aussie slipping throughout the day. Either looking to 70.50 - 60 on a pullback or a break and re-test of the lows.
Short
by FX_Trade_Plan
BTC - BIG STORM AHEAD !! Bulls Are Now Trapped Waiting Death. => CHARTS = (MEDIUM/LONG) TERM - Please Don't Be Confused => Takes (weeks/months) to Complete <= Hi, Followers and Friends, So, as we saw on the last chart, a pause and a correction just happened on BTC market. Now, It is probably time for Number # 3 - DROP TIME. When there is a Down Trend = Correction is Up. When there is a Up Trend = Correction is Down. Since BTC is still on a Downtrend, correction was up, and now many bulls are trapped, because price should not go any higher. At first, on May 25th, I posted a possibility for a Bull Trap to 8k. But then, on May 29th, I saw a very strong resistance at 7.800, so I told everyone that 8k was out, and that price could not reach 8k. So far, this bull trap could only hit $ 7.770. Now, correction is stressed out, and there is no more power to get price higher than $7800 resistance. So, if there is no result, and Bears feel Weakness, that start to come for another massacre. MA 100 is now in charge of the Daily Chart. It is still possible that all the Bulls try one last attempt before dying, trying to survive. So, let's see if it is going to be a calm death or if there will be a resistance. But, M.W. still shows that $ 7.800 is the limit as a resistance for BTC now. It is so weird how many people keep using higher lows to do technical analysis on daily charts. Some types of charts and only on specific moments, could help, not like this. So, because they see higher lows on BTC on daily chart, they just think price is going to 13K now. It is not time to go long yet. Hold On, time for that is probably very near. Beginners and Intermediate just wait for price to get lower to buy, others check below. Remember This is Very Dangerous Market so try to not Lose All Your Money on This, and You can already call yourself a winner: Beginners: Don't Trade (Bullish/Bearish) Market - Don't Trade Bull Trap - Don't Borrow Money Intermediate : Trade Bullish Market Only (Low Risk) - Don't Short - Don't Borrow Money Advanced: Trade Bullish or Bearish Market ( Low Risk) - Don't Trade Bull Trap - Don't Borrow Money Experienced: Trade Bullish or Bearish Market ( Medium Risk) - Trade Bull Trap (Low Risk) - Borrow Some Money Top: Trade Bullish or Bearish Market (High Risk - Big Money) - Trade Bull Trap (High Risk) - Borrow Some Money Follow This and the Risk of Losing Everything Falls to 90%. ___________________________________________________________ ADVICE: -------- => MARKET FLOW: Market never happens at once, there will always be many moves inside the waves if you look close enough. When I spot a Trend and post it here, it does not mean it will go at once, or at that exact moment I post. These Charts I post are Medium/Long Term - so takes weeks/months to complete. => CHARTS = (MEDIUM/LONG) TERM - Please Don't Be Confused (Takes weeks/months to Complete) => PLACING ORDERS: At this moment, I am NOT offering buy and sell signals, you need to Do Your Own Research when Placing Your Orders and Stop Loss. => STOP LOSS: That's a responsibility a person should have with their own money, I don't have the influence on that. I strongly advise you to use a stop loss. Try to catch the waves, but with a secure area, and limit your risks, considering a loss you can afford. _________________________________________ => For MORE INFORMATION check Related Ideas Below. => Feel free to: Comment, Suggest better ideas, Ask questions inbox, Help me improve, Give a Like and Follow. _________________________________________ Good Luck and Good Profit. M.W. - Moving Water
Short
by EDWARDCASHTRADER
101