-> In this analysis, I decided to analyze the USD / CAD currency pair, the analysis comes from a 15 min chart. As we can see from the graph, a rising wedge formation has formed, I expect to move up. We enter the position when the price breaks the value of R-1 and gives a clear indication of an upward movement. We enter the position on retest the broken price value...
This is what I see long term for EUR/USD, market still needs to make a correction, on a Daily perspective if you see the D1 chart, you will see a head and shoulder pattern formation which indicate a reversal on the market. I would like to see the price break that support and retest, once it does then we will wait for price action to give us good indication that...
It's time to unload on longterm shares. No one is paying attention to Spotify SPOT . Media outlets and even us traders have both been rather silent on Spotify and it's movement. ~ This stock currently sits above what has proven to be a temp support @ $230 . We have a monthly support @ $227 Watching the orange downtrend as previous resistance, we just saw a ...
In this analysis, I looked again at EUR / USD, the analysis comes from a 1-hour graph. I expect the price to bounce off support around price point 1.18360, after which we can expect the price to move towards resistance R (1/2) === option No. 1 - the price breaks through R1 as this resistance is weak and I expect a reflection from the resistance R2, reflection...
Eur/usd Possible Short Trade
GBPNZD - Short trade Downtrend occurring - Will keep you updated
NZDCAD M15 - Simple break and retest of this M15 trendline would then set us up nicely for these shorts down to 0.87200 support. Lets see if this 0.88 resistance handle holds and rejects.
If you want more give a LIKE, and I'll wait you on my channel. If you've caught this signal, you've made a big profit! You can SELL again and put SL at: 73.800
We just started forming a flag right after breaking our resistance, this is a good position to place our buy oders
We broke the diamond pattern + also broke the resistance meaning strong potential to the upside
WTIUSD H1 - Hopefully we can maintain a bit of bearish pressure to retest that broken resistance zone (now support) at 34.30 this should be a solid entry point! Already seen this, apologies for the delayed post, looking to break previous highs to maintain upside momentum.
Good Afternoon Traders, The Euro is looking to continue its move upward on the USD, but not before pulling back to Support. Bearish Divergence has formed on the 8H and price may be pulling back to the Support around 1.10000 RSI is in over-bought territory and may form a lower-low following the anticipated pull-back. Long entry consideration would be made...
USDWTI H1 - Ultimately long bias on WTI for obviously and explained reasons over the last few weeks. Pulling back to this trendline support so we could see a bounce here to break the higher timeframe resistance. More noteable support zone at 31.30, so in the case we pullback this far, it could be wise to load up on positions.
Higher timeframe descending trendline break and retest, looking to break this local H1 resistance to maintain upside momentum.
EURCAD H4 - Back on resistance, very similar to NZDCAD, haven't really seen much in the way of CAD strength, inflation earlier today wasn't great, but WTI prices should spark some strength. Previous selloffs from this zone as per recent posts, but no real crack downside, really want to see some bearish intervention in line with CAD strength and WTI price increases...
EURNZD H4 - We have obviously sold off nicely from resistance since the market opened, looking to find support at circa 1.78800, from here we could then have our eyes on a return to resistance up towards 1.82600. Very high RR setups.
If you want more, please give me a like and comment. The price after breaking the up channel, at 9340 the price formed a resistance, after hitting a few times, became a confirmation of bearish Now the price has started to form a down channel. (Last post) I waited to see how the price reacts to resistance, it seems to be positive and respect the down channel.