USDCHF has been trading inside a rectangle for years now ! just recently price retested the upper limit of the rectangle pattern and got pushed down vigorously ! I believe that this time around , price would be able to break through the support of 0.95500 and push down all the way to 0.94740 ! my final Target for now is 0.94740 !!
Euro/Australian Dollar it's inside in this bullish channel Now, in H4 timeframe, I believe that EUR/AUD could to down a little to $1.5080 AUD (Like 41 pips from the market price) Because in that point that I add my long position we could to see a bullish perspective lead main by fundamental news that Euro has good news in the France that President Emmanuel...
Euro/Great Britain Pound made this break-out of this consolidation But for who entry around 0.8580 GBP, you're target could be 0.8630 GBP, because you will need to pay attention in 2 point to watch in this possible market trap and entry in the possible short in this par against what they're boughts in the moment, but a lot carefully trade EUR/GBP. We're in...
U.S. Dollar/Canadian Dollar look with a bearish perspective that I analyzed today and I see that some negative news has become a critic point about the unchanged interest rate. To be very analytical, In H4 timeframe, the price could to move to the key yellow zone, and also I draw a gray zone like confluence to watch in these points that the price could to...
Long Call! BINANCE:SOLUSDT SOL making up trend. Application of Dow Theory
Short Call! SP:SPX On a weekly time frame, a chart showing downtrend Application of Dow Theory
Ethereum it's in the bear market confirmed very well and the price it's below of the EMA 200. Durin this day, we see that Ethereum reach arounD $900 USD. The price it's around $1,060 USD. Right now, in weekly timeframe we see a bearish movement in the price action and the RSI forming a bearish divergence making higher low in the indicator showing weakness of the...
NIFTY METAL - Bearish zone 1. It breaks the 1st support zone 4830 on the downside this week. 2. In a bear trap, the next support will be at 4490, and 4200 respectively. 3. Till it gets support most of the metal sector will be in a downtrend in upcoming weeks. 4. Example: TATA Steel will be on a more downtrend in upcoming weeks. Note: 1. I’m not a SEBI Registered...
Cad/Chf gonna go down from resistance Sell NOW Our First Target 0.74000
In the weekly timeframe, Bitcoin drop the mark of $20,000 USD, The price it's around $18,900 USD and I suppose that Bitcoin could to reach the next support to $13,896 USD in what I mark here. Also, Bitcoin could to be in the rane of $12k and $14k of possible consolidation to watch and to look if this will be the end of the bear market. Another possible it's that...
Technical Analysis Summary ETH/USDT TREND ANALYSIS We have 2 Downtrend in red color (Internal and Long Term). Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR...
As I analyzed in my recent analysis in GBP/USD. The trend still bearish and GBP touch the point that we're in the supply zone to sell!!! At the moment, I put my sell order at the market price $1.2148 USD. Stop Loss to $1.2233 USD (90 pips) and target to $1.1931 USD (215 pips) So, this trade it's look with awesome opportunity. Also for tomorrow, we have the U.K....
Great Britain Pound/U.S. Dollar still bearish in this point what I see in the 0.382% Fibonacci level, and also, we're in the exactly point in Daily to short GBP and combining with fundamental analysis, GBP still fall in the trend in front of U.S. Dollar. The Daily timeframe still bearish in GBP and I hope that this could be a good position to short!!! I hope...
Beware with short. The bulls forming forming this bulliah chartist pattern. Because we touch a bottom now. I entry to long position now. SL to $0.7682 and target to 0.7820 . Also I closed up my long in USDCAD with 2.66% in profit. For that continue following the trend and keep this long
Technical Analysis Summary GBP/USD TREND ANALYSIS We have 1 Uptrend in green color which is currently broken. We have 1 Downtrend in red color (Long Term) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as...
Technical Analysis Summary XAU/USD TREND ANALYSIS We have 1 Downtrend in red color We have 1 Uptrend in green color which we have currently BROKEN Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an...
Hi Purpose Traders. Let's talk chart patterns. As you may know there are dozens of chart patterns out there. I don't know if you're like me, but I get a bit anxious when there are too many things to choose from. It's like being in an ice cream shop. I like ice cream, but I only eat 1 flavor most of the time. Long story short, I used to be a pattern trader and...
The price closed above the upper line of the bollinger band with volume above the MA20 line. Precaution where the RSI above indexer 70. Hence, with a probability of a price correction between 10% - to 20% from recent preak. MACD and OBV indicators confirm the price momentum towards the next price resistance. let's save NWP in WL and watch out for significate...