We can see Further Upside Move after Complete this Bottom. ThankYou
USDCAD short - looking for the short as it bounces of R3 to the downside. Also bounced off a support from 1st-5th April 2020. A nice TDI hook from above with a flattening market baseline suggests a turn in sentiment. Furthermore, shorter term EMA cross to the downside confirming.
Hello guys, the price of Bitcoin (BTC/USD) is currently moving above the EMA 20, which indicates a possible uptrend. Please be aware of a possible Fakeout scenario, which we have seen multiple times in the past (yellow boxes). As long as we don't see a higher high (above $7.450) our trading direction is short . I'm expecting the price to make another move...
Very mixed signals from USD today (As seen in previous publication) USD has broken through some trending supports today, but has bounced on this pair. There may be a re-test of the trend so be cautious when trading USD today. TDI and momentum suggest a bounce to the upside.
Breaking through the support (confirmation needed on candle close), we look to the downside - as confirmed by the tdi and moving averages.
Looking for a short on this pair with weakness n the EUR in most pairs this morning. TDI cross from above with decreasing market baseline. Moving Averages Decreasing and fast MA converging to slow MA. A little bit of resistance expected in the short term, with a longer term sell off expected.
Breaking through the long term trending support recently, EURUSD is looking bearish on most EUR pairs with MACD confirmed and MA crossing. Looking for further sell off on the 1hr chart
Shorter term (30 Mins) trade looking for downside potential as it crosses the moving average from above on a down trend
Looking for potential downside on this pair as moving averages cross and a lot of resistance around 1.41300
Hello guys, in this idea we use a basic setup to spot a possible trend change and to determine a general direction for our trades. There is one rule i always try to apply when i throw money in the market - do not trade against the trend . Especially not if you do margin-trades. How to verify an uptrend: The price is making higher highs and higher lows The...
GO SMALL! 0.02 MAX per $1K balance in your account. USDMXN short round 2.
We start geting a reversal on eurgbp and at this time the price is respecting very well the price action markect structure. Diffrent than some other pairs that are very crazy lately this pair seems to be a good pair to trade. With the RSI we can expect the price to come up and when cross the key level of 80 % we can start thinking in sell positions. Lets see if...
I am Looking Buy Position After Breakout Confirmation. ThankYou
Buy on Breakout Confirmation. ThankYou
Weekly Chart USDJPY Short Wait until Hyperinflation hits the Dollar... \
Hi traders, the USD/JPY pair closed this week's downside gap on a broad USD strength, but the Nikkei and SPX still show a strong divergence to the downside. The dollar index is reaching multi-year highs near 100 and the 2y and 5y US yields don't show to be catching up with the dollar. Positioning in the futures market through last Tuesday show an increasing...
timeframe ~ bearish at the start of the week :white_check_mark: Now looking for buying opportunities:+1: Part 4