This pair has an interesting set up, the price is on a downtrend for the past weeks, making Lower Highs and Lower Lows, right now the price is on a converging bear zone with a strong daily resistance, a .50 FIB level, the descending trend line. To enter a trade, we will wait to see a bearish candle or chart pattern on a lower timeframe. If you want complete...
Hello Bunny's, here is my analysis for NZDCAD. This pair will be in my watchlist you guys should too. Let me know in the comment section if you guys have any questions.
Monthly - Weekly Daily - Shared above 4 Hourly Hourly
Hello Bunny's, here is the full analysis for this pair. This pair will be in my watchlist you guys should too. Let me know if you guys have any questions.
NZDUSD has been in a widening wedge pattern and has formed a shooting star candle on the daily timeframe. These are both signs of a reversal. Multiple confluence list: 1. Daily shooting star with 3rd test of trendline 2. Daily RSI overbought with 4 Hr RSI bearish divergence Entry around 0.66150 with stop above high at 0.66450. TP1 0.65550 TP2 0.64550 This is for...
I think this is what is going to happen. Feel free to leave your thoughts on oil :)
The timing of the ounce of gold correction will last until early January and we will see an increase in gold in the new year.
Based on previous price action, using measured time frames of previous price action, it's looking like XRP could possible have its major mega pump in about 4 months. Please post in comments and let us know what you think or if you have confluence in your charts or different targets. Much appreciated!!!
Still bearish on Bitcoin for the broad picture. 4H pin bar formed after a wild rally last night from 6800 to 7500. When there're too many shorts, a bounce justifies forcing the bearish side to liquidate their massive short positions. The overall trend is still down. For the technical part, daily RIS is turning up but on 4H chart, RSI has reached over 60. I...
Husain can you be hyper retarded somewhere else XAU is going to 1360 #EZ #FACTS
STRATEGY: NZDCAD Ascending Channel Counter-Trend Strategy DETAILS Long Term Trend Time Frame: 1D/4H Focus Time Frame: 4H Entry Time Frame: 1H Market Condition Long Term: Downtrend (based on 1D TF/200EMA) Short Term: Uptrend/Consolidation (based ion 1D TF/10EMA and 50EMA) inside Ascending Channel CHART PATTERN: Ascending Channel Area of Value (AOV)...
From the daily chart Bearish engulfing candles followed by Pin Bar. Rejection from 61.8 level. Divergence is evidence on Stochastics. From the 4 Hr & 1 Hr Divergence evidence on both Stochastics and RSI. Tripe top has formed and unable to break above the 61.8 level. Risk Reward Based on a Sell entry when price breaks out of the consolidation box and...
ANALYSIS 1D: 1D Time Frame showing Downtrend. Price is approaching 50/83/100EMA which could be a potential dynamic resistance. 4H: Looking at 4H Chart it is currently on sideways approaching minor resistance. Action Items If price broke above minor resistance, wait for pullback then go LONG, targeting at least 1.32822. If the price bounced or...
Good morning Traders, let´s have a quick look at our trading-range today. The little pump yesterday has given a lot of people a little heart-attack cause they feared they will miss out the pump up to $ 12 k or higher. Some facts straight, if you look at the Daily chart it becomes clear where we are stuck at the moment and why. Not only the price is ranging...
FX:EURAUD on Daily time frame has been largely in a sideways market for a long time and has now moved into a triangle set up, approaching the climax. We have seen in the previous analysis on H4 charts that price sitting below the 50 period moving average and chart showing a descending triangle formation, more likely a short setup, awaiting price action In the...