🅶🅷🅾🆂🆃 _ 🆃🆁🅰🅳🅴🆁 _ 🆂🅰 Guys, I'm hoping everyone is doing well and printing a lot of pips 💵💵💵😊💵💵💵 during this bear move... This (wave(2)) invalidation level will point us to the right direction, but for now, please, make sure you validate this level before placing any trade. If BULLS proved to have completed the (1,2,3,4,5) pattern, then we may see BEARS be...
🅶🅷🅾🆂🆃 _ 🆃🆁🅰🅳🅴🆁 _ 🆂🅰 Guys, I'm hoping everyone is doing well and printing a lot of pips 💵💵💵😊💵💵💵 during this bear move... I have re-analyze the chart guys, It looks like wave(5) of wave(3) of wave (1,2,3,4,5) has completed , we were not expecting it to short cut itself this way but history repeat itself, So far it may prove to be valid. So for now, If these BEARS...
EURUSD fades bounce off 61.8% Fibonacci retracement of November 2020 to January 2021 upside amid fresh selling pressure witnessed ruing early Friday. However, oversold RSI conditions test the quote’s further selling below the key Fibo. level surrounding 1.1885. In a case where the bears dominate past 1.1885, the early March’s low near 1.1835 and the 1.1800 round...
Palladium is currently taking a dive, and something similar is happening with Gold and Silver right now. The news is likely fueling this and the decline could be short-lived. In April of this year, price had broken out and created a new record high at $3017, hitting the $3000 round number. This psychological level of resistance created an obstacle for price and...
The Nasdaq 100 was leading the way and trending stronger than the other main two US indices, the S&P 500 and the Dow Jones 30, during the pandemic last year and looks to be leading the way once again. This week we saw price break above the previous all-time high at $14073 but price has since retreated back below this level. If the week closes above $14073 then we...
Gold struggles for a clear direction, after a three-day south-run, during early Wednesday. Even so, the yellow metal stays on the bears’ radar while keeping the downside break of a 2.5-month-old support line, now resistance, around $1,860 by the press time. Hence, sellers are directed towards 200-day SMA (DMA) level near $1,840 during further downside. However,...
Although AUDUSD keeps Monday’s recovery moves around 0.7700, the pair bulls have a bumpy road ahead. That said, a 100-day SMA level of 0.7725 and a monthly falling trend line near 0.7760 probes the short-term recovery moves amid sluggish MACD. It should also be noted that an absence of directional signals from the RSI also challenges the pair’s corrective bounce...
Possible descending triangle forming Potentially for a break below support and then a retest before continuing bearish trend.
BTC managed to get above our Red trend next resistance is Green trend
The USD weakeness is being picked up by out script. EURUSD long is now in full swing. Entry details are shown on the chart. We're only looking for TP3. Trade history can be seen below this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated...
OANDA:XAUUSD Market is ranging between 1896.664 and 1889.533 There is a buying opportunity above 1898.382 And a selling opportunity below 1888.151 Wait unlit it breaks these levels or 30min candle closes above this levels. Trick : For impulse entry trade at London or NY Timing, When 30min candle cross these levels switch to 1min or 5min time frame for best...
I've been bullish on FX_IDC:USDBRO ever since it traded above its 200EMA. Bought few contracts, rode the trend from $43 to $69. Last week Brent closed above $71, looking back, this was/is an area of value. Now that the price is above $71, I'm bullish once again, targeting the $85 region, with a stop below the 50EMA.
In the previous post on the S&P 500, price appeared to be moving fast towards the all-time high at $4238, but it has taken longer than expected to get there. The pullback has turned into consolidation but used the 20 simple moving average as support, which did help price move higher towards the end of last week. The monthly candle for May closed with an...
Hello everyone, if you like the idea, do not forget to support with a like and follow. EURCHF rejected our lower red trendline. However, it is still overall bearish trading inside the red channel, so we will be looking for Trend-Following Sell Setups. As per my trading style/plan; Here are the two strong zones where I will be looking for high probability buy...
Microsoft is following a pattern of trend then pullback/consolidation followed by trend and so on. Although the pullbacks and consolidation zones do last a few weeks, this stock is a consistent mover, and just requires patience if a position is held. At the moment, we are seeing a trend in play, forming higher highs and higher lows with price now making its way...