1) Possible continuation of short-term downtrend, after crossing the MA (9). 2) Double testing of the 50% Fibonacci area for a minimum of October 29 and a maximum of November 21. 3) Possible breakdown of bullish channel and creation of new bearish channel. 4) Stochastic entering the oversold zone, but with a bearish direction. Setup: Entry = 1.45773 SL =...
Triangle pattern. 11900 important region to look out for. Break out from inner trend. Waiting for that region to be respected before any decision.
As we can see, price break the trendline up, we wait for the price to retest the trendline for short Risk : $200 Entry Price : 0.69886 SL : 35 Pips TP : 105 Pips *) HIGH RISK SETUP Analysed by Adika Anugrah W Stevano Devon Rayhan Ramlan Esfa Follow us on IG : @adikaanugrah @stevvon @rayhanre
NZDUSD: double bottom ---> back on the trendline what now? 0.6653/58 key level.
Pattern: Channel Down on 1D. Signal: Bullish after a Lower Low was priced last week. Target: TP1 1.12900, TP2 1.13700.
Important resistance at the beginning of October. The review shows that we could have two likely targets, both quite aggressive in my opinion. It is important to observe how it responds to the critical area and to remain attentive to its development. Follow your own plan Best wishes to all...
Here we look at USDJPY on the weekly chart and notice how we have broken below the trend line. The question now is where is USDJPY heading from here? On a lower timeframe there is still bullish momentum pushing USDJPY higher. If for some reason may get a squeeze higher it'll probably halt at 113.00 level; Otherwise, it's going deep south!
1400 I think is a sweet spot for Gold. This and USD analysis are very much similar in terms of a near trend reversal. At least for a nice pull back slash correction. Happy Trading, folks! Cheers.
Nothing other than strong level of confluence and support. Keep an eye on 87.20 - 87.50 support level. Something interesting going to happen when DXY reaches that level. :) Happy trading, folks! Cheers.
Rechazo en zona de pullback con velas de confirmación y estructura de mercado de tipo alcista. Espero a que rompa el maximo alto, colocando punto de entrada a 154,010 para ir a la próxima resistrencia.
Large swing with suspicious activity. Bulls are up, watch out Shorts!!
The Pound has been proclaimed as the loser with the recent past once more repeating itself as well as causing a complete absence of traders attraction towards the British Pound. The 2018 Q1 outlook from the investment sector anticipated that the GBP/USD pair could fall to 1.40 handle by the end of the first quarter, with this progress taking place in month March...
The Pound has been proclaimed as the loser with the recent past once more repeating itself as well as causing a complete absence of traders attraction towards the British Pound. The 2018 Q1 outlook from the investment sector anticipated that the GBP/USD pair could fall to 1.40 handle by the end of the first quarter, with this progress taking place in month March...
This week as long as the EURUSD price will be above 1.20 trend still bullish . Stay long or open new long positions above 1.20 with 1.2125 and 1.2220 as targets before falling again. Buy the deeps will be the better strategy for EURUSD trading at the moment. On the weekly and daily charts the price of the cross still above all moving averages so that bullish trend...