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...
Looks to me that the GBPJPY will struggle around the resistance heavily as it has tested it multiple times already and hasn't broken through in the past. Who knows though maybe it will, you can never know? However more likely a sell looks more like a viable option, dropping heavily all the way to the 61.8% on the Fibonnaci which is a key support zone also. On the...
Gold moved nicely below Daily MA50 trend seems bullish short with target S1
Moving like a turtle but profits are in a very safe level to its destination $5k I'll be holding until then
Like every fed day, we decided to take the day off from the charts, and i don't think we miss anything interesting. Moving forward our expectations are the same as yesterday, we believe that the market is going to push higher and there is going to be some nice opportunities to short the market. Please keep in mind that these are not trading signals, use your own...
I see 5 Waves down, ALMOST complete 4 #BitcoinCash | $BCH $BCC!
Very comfortable taking a short at current levels. With markets jittery, oil sector sell-off, further rate hikes on the line, China/US trade deal overhanging, Brexit, Italy, Saudi Arabia. I think there are too many risk-off drivers at this time that are exhibiting pressure on the markets. Momentum picking up, with proper risk management, this could be a good trade...