Hello and welcome to my idea. There are major bearish signs that despite the small bounce off of 5800 we WILL go lower. The bearish PSAR break on the weekly last night was devastating to any bullish hopes and while we are going up short term any price from here is an easy short. Target 5300 and really long term we are probably looking at 2880 but that is quite a ...
CHFJPY has been consolidating near the retest of the weekly broken inner uptrend , price rejection shows strength in bears, price is currently on a medium term zone on h4, its a sell but price could make way to retest the descending trendline near the 112.500 level.
Mind volume on contracts when shorting now, sell limit at 112.480.
NAS100: Nasdaq 100 Index - An Important Week Ahead
Nasdaq never made it to 7518, failing badly at 7495 and then breaking the first support at 7479 and then falling another 100 points to 7380 before bear closing in the last couple of hours on Friday took the index back to the 7414 line and a newly forming dynamic resistance line just above price now.
It should ...
In my personal analytical opinion its when a H & S pattern opportunity appears, its always a great set up provided you have done thorough technical analysis!. Recently for the last few months and weeks most EUR related are forming this pattern with many eyes being on the EURUSD itself. However, we traders seek not only good technical analysis but what set up could ...
Hey,
Another live or die kind go charts for alt coins.
EOS is currently testing the weekly uptrend channel support, if it does not hold we can reach $3.
All the Best from the Crypto Space
Alteroc
BTCUSD weekly candle closed as a bearish engulfing candle, giving the bears some hope to break the 6800 orderblock and retest the 6000 low.
My weekly sentiment is still neautral until the 72 MA is broken. A bounce off the 72 MA could give bulls enough strength to break the 50 MA and head towards their 10000 long targets. After a 10000 break the 12000 bull/bear ...
Here we see the MA'S confluence of the 4H, D, & W time frames all bearish now, also have a close underneath the monthly support which is now resistance. this gives us a 75% chance to hit the next weekly support before any bullish potential. close underneath a daily trendline as well, and ready to descend in this descending wedge. Target is 141.100 -140.100. ...
Just like its parents pair (GBPUSD), The pound is just consolidating at the moment and a potential break to the upside is on the cards!. What is preventing the breakout at the moment is that the price is confined in wedge. To add to the list of confluence factors a flag has also been formed and the violation of the upper trend line would see a GBP push to the ...
Hi, guys, this analysis is for those who want to hold the position for long-term
this strategy's name is BAMM (bat action magnet move ) when we predict a bat pattern on the chart we should wait for B leg breakdown and then enter the trade, in this case, I predicted one nice bat pattern on weekly chart NZD/USD and as you can see B leg breaks down and now we can ...
