this evening I expect a pullback on BTCUSD!
the price has recently broken and closed above minor structure resistance
and now we see a retest!
chances are high that the price will reach 9400 level soon!
The charts show FXCM's USD index (USDOLLAR). The left charts shows the daily index powering into the black 20-SMA (aqua ellipse). If it overcomes this SMA resistance and the daily RSI moves above 50 (blue rectangle), it will be bullish developments. The right chart shows a strong intraday impulse with the EMAs (5-hour EMA >10-hour EMA) in bullish mode (green...
This situation looks bullish.
It always strong movements after the accumulation inside such figures.
If it will rise from this place potential profit will be 3 times bigger than the risk.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions here!
Thanks for your support!
US Dollar Index might have finally terminated Wave 2 triangle at 100.40 handle last week. The index reversed sharply towards 99.10 levels before finding some support. At a lower degree, the US Dollar Index might have carved wave i at 99.10 and could be carving a potential wave ii around 100.00 levels as we write the article. If the short terms counts are correct,...
hey guys,
tomorrow pay attention to USDJPY!
the price is very close to a strong resistance area based on a horizontal structure and resistance line of a wedge pattern.
I will be waiting for a reversal formation within the underlined zone to short the pair!
good luck!
It was a good opportunity for bull-traders last month.
After two days this trend can be broken.
All crypto world waiting for the halving.
Keep calm and good luck with your trades!
The price is inside the Upward Channel and can continue to rise.
There is no clear entry point for me, but if you like it you can use it for your own analysis.
Thank you for your support! Glad to be with my followers)
Push like if you think this is a useful idea!
The charts refer to FXCM's USD index (USDOLLAR). On the left, the daily chart shows that the index tried to overcome its black 20-day SMA resistance but was unsuccessful (aqua ellipse). The SMA remains pointing down and the daily RSI is on the bearish side of 50. The right chart shows the hourly time frame. Here too, the RSI denotes an underlying bearish momentum...
The price breaks the Triangle and can continue its up movement.
The global trend is bullish.
This is not the best trade ever)) but I hope you can use my chart for your next profitable trades!
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions here!
Thanks for your support!
US Dollar Index might have unfolded Wave 2 as a triangle structure, which might have terminated around 100.47 levels yesterday. A drop below 99.00 would confirm that a meaningful top is finally in place at 100.47, Wave 2 on the chart here. Alternately, a push above 102.00 would threaten to test 103.00 and void the bearish structure. At the moment, we would favor a...
potential harmonic gartley formation on EURGBP.
the price is currently on its way to a D point of the pattern.
0.8845 - 0.8863 is our sell zone:
it is based on 1.272 extension of AB leg, 4H and Daily structure.
stop will lie strictly above the zone:
0.8885
targets: 0.879 / 0.8744
if the price drops and violates the A point, pattern will be invalid!
The price is approaching the Support Zone and can bounce off.
But if it will cross and fix below I will look for the Sell entry.
Potential profit will be 3 times bigger than the risk.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions here!
Thanks for your support!
