XAUUSD (GOLD) – The GOLD has created a new fresh demand recently, As we can see on the chart from the left, there is no reason for the price to stop until he will reach the Resistance above, if the price will return to check the demand below, I’ll buy there, in case the price will break that demand, I’ll wait for a new buy position at the demand at the bottom. in...
I'm expecting Gold to break above the Pivot P and go upwards to R1. Why? Savius Slope Rider has fired the buy signal, price is just getting out of the buy volume area and bouncing off the Regression Channel, and it's above the MA Hull, which is great! (the screenshot with all these indicators can be found on my website) I am not entering the order until price...
My long position for gbpjpy is dependent on what is to come with the brexit situation. If MAY leaves we could see gbp get destroyed briefly but i still think we will touch 154/158/160 before plummeting. GBPJPY looks good to go higher- completion of 5th wave. Now time to go up 5 waves.
My thoughts on two alternate ideas: IDEA 1 - If it breaks the support zone and the trendline it would go lower to the next zone which is either at the 38.2% or around the 61.8% on fibs (that's more long term those levels as I did the fibs a bit wider, however even if I did a smaller fibs the zones I drew out will still be around key levels). IDEA 2. If it...
EURUSD - The new fresh demand that I marked below succeed to broke the supply from the 12/11, for now, it seems the price on his way to reach the resistance above, the demand Below is a great continuation level for buy position, I'll wait for the price to buy there and my target will be the resistance above.
The market bounced from our key level, we didn't get an entry signal, but our analysis was right, i hope you guys were able to get a piece of that move. Moving forward we have some resistance above, i like R1 to start some shorts, and if the market drops we will be looking to get some longs around S1 and possibly YL. Please keep in mind that these are not trading...
looks to hit the weekly sell ob possibly 3 wave down
As it seems now, the NZDUSD pair just broke a critical support which indicates the momentum changed to bearish, and the price most likely on his way to reach the demand below, For now, the best level to join this bearish momentum is the supply above us, if the price will return that supply, i'll sell there, my target will be the demand below which is a great Level...
Not going too in depth with this analysis, but as you can see the all the technical confluences would make it rude not to be looking for a short on this pair. We have the 0.960 area that has acted as an area of support since early Jan 2017, before finally being broken in mid Aug 2018. now price has came back up to retest this area. Not only that but as you can...
The market continues pushing lower but it doesn't have the same momentum, it looks like the bears are getting tired, and the bulls are ready to take over. We will be looking to take some longs at S1 or S2, and if the market pushes higher we like R2 for a possible short trade. Please keep in mind that these are not trading signals, use your own analysis before...
For the swing forex traders, I marked the key levels to look for a position on USDJPY, yesterday the price created a new fresh supply above us that indicates the price on his way to Reach the support below, if the price will return to that supply, it can be a great opportunity for continuation sell position, I'll sell there and my target will be the support below.
Now on the chart we observe that the pair is decreasing and is at the bottom of the Bollinger band. If we move on to the daily chart, we can observe the uptrend, so we consider the current movement as a correction. We expect the price to reach the early levels of support at the levels of 113.20 and 113.0. Therefore, we advise you to look for points for entering...
signal from Slope rider isn't complete as yet but I enter here with a tight 10 ticks stop loss, with the protection from Pivot P. the top of the regression channel is at 2715, and a strong resistance due to high volume from yesterday at 2716, I should have waited until then, but I can risk a 10 ticks. target at S1 is way down at 2675 (prices are from ES December...
Hello traders i hope you had an excellent day, and took advantage of our analysis that worked out really well, too bad we don't trade the premarket or aftermarket, moving forward after that sell-off we should see a correction, we will be looking to take some shorts at R1 which is 6954, and if the market keeps dropping we will be looking to take some longs around...
On the chart we see an increase in the reserve currency, and after the opening of the trading on Monday with the GAP, the pair could not win back its positions. For the moment, the pair has found support level at 1.2850 mark and has pushed against it. We believe that the upward movement occurs within the framework of correction. Therefore, we advise you to look...
After the break of the ascending trendline on Friday, next week we will be looking for a correction and after that maybe a continuation to the downside, the best place that we can think of to start a short position is going to be YH around the 7120 area, around that zone we also have some structure, as well as the 61.8 fib retracement. Please keep in mind that...