CRYPTOCAP:ETH broke through the resistance level. Bullish movement to resistance level at $2130 is likely to happen.
The FX:USDOLLAR has entered a strong daily demand zone and as you can see as marked on my chart, I have marked a buy-side liquidity pool which the market is meant to sweep. Also, there is a weekly fair value gap (FVG) or liquidity void which just sits above the daily buy-side liquidity pool. This should attract price to reach for these key opportunities. This is...
Hi Traders! We had a breakout to the upside of our symmetrical triangle setup yesterday. We had the retest of the breakout and had a bullish push to break and close above the 0.67172 resistance level. PLEASE NOTE: LATER TODAY, THE NON-FARM PAYROLL (NFP) WILL BE ANNOUNCED THEREFORE THE MARKETS WILL BE VERY THIN SO PLEASE TRADE CAREFULLY! We will continue to...
Hi Traders! We currently have a symmetrical triangle setup here where the breakout could happen in either direction. We are currently in the middle of the range looking for a direction. To the downside, we must break and close below 0.66266 for a further push down. To the upside, we must break and close above 0.67172 for a further push up. Please keep in mind...
US indexes again came under pressure after European Indexes went lower for the session. Concerns over US regional banks and contagion into the banking sector weighed heavily on the US open. The ECB raised rates by 25 basis points as expected to follow in the footsteps of the US Fed Reserve and the RBA. Traders may be more contained today ahead of the key US...
Hello Guys, Like I mentioned in my previous post , FX:CADJPY is also currently in a daily demand zone and is poised to make the move up. To be frank, I have a long-term bullish bias on JPY, as my technical analysis on both the weekly & monthly timeframe of JPY index is bullish. Do you think this bullish move will happen? I think so. My next trade idea...
Hey Everyone, This chart was posted Sunday for the weeks trading plan and as you can all see this played out to perfection marked with our directional arrows in sequence. We had the drop into support structure and then rode the entire move up level to level confirmed with cross and lock. We continued to maintain and share our direction to buy dips for the ATH...
CRYPTOCAP:BTC bounced off the resistance level and the descending trendline. Decline to $27232 is likely to happen.
All depends on NASDAQ:AAPL earnings today. I have my popcorn! You?
GBP-JPY is moving in a bearish direction. It appears that there is a formation of Falling Wedge Reversal Pattern as well as presence of the Divergence. In this case, this Forex instrument can take a possible reversal from its current price position. Therefore, a long trade setup is suggested in this chart in case of breakout from the Lower High mentioned in the...
Good morning traders, it's been a while I haven't posted anything about US stocks, for today you can sell NASDAQ and set TP and SL at your own risk. Follow for more analysis!
Hi Traders! We currently have a triangle breakout retest setup here. This usually happens after a momentum swing to either direction and then a retest of the range before the breakout. In this case, we broke out to the upside and are now looking to retest levels as Support. The main level in mind here is the 50% Fibonacci retracement level at 1.25157. The reason...
Hey Everyone, Okay for those of you who have only started following this monthly chart that we have been tracking, please review all the previous updates below as we continue to track this level to level to get upto date. This has been playing out perfectly and now we finally have a candle body close above 1976 on this monthly chart, as the month closes. This...
Hey Everyone, Please see the daily chart setup we have been tracking and trading successfully for a few months now. We have now updated the retracement and swing range on the chart. If the retracement range continues to hold we should see another challenge to 1992 and 2026. A break below the retracement range and we are likely to see a challenge to the swing...
Hey Everyone, ALL TARGETS ARE NOW COMPLETE ON THIS CHART IDEA, WHICH WAS POSTED ON SUNDAY. After hitting the targets on the first range upto 2009 we highlighted yesterday the cross and lock opening 2016 and 2025, which WAS hit today completing this idea. We took the buy from the dip for a clean 50pips in-line with our plans to buy dips W can continue to track...
On the chart we can see a rising wedge. We are looking for the price reach the upsloping resistance to enter short. Then we expect the price will go down to retest the support line. Invalidation of this thesis would be if the price breaks above the upsloping resistance line.
On the chart we can see the rising channel. Our strategy is to enter short when the price break down the upsloping support. You can also enter short position at the bearish retest. Target is shown on the chart. Invalidation of this thesis would be if the price comes back inside the channel.
Hey Everyone, Please see our 4H chart updated weighted Goldturn levels and targets. LAST UPDATE Our 4h chart retracement zone is sitting at 1967 Goldturn, which is providing support. This is likely to provide support for a bounce to challenge resistance at 2005. However, if we see 1967 cross and lock with EMA5 then we can expect price to fall within the swing...