WABIBTC is waiting for a nice weekly breakout. the chart is very similar to LSKBTC . IF the price has a breakout, we can wait a retest According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the...
Here, is the weekly analysis report for XAUUSD - GOLD. OANDA:XAUUSD Gold is currency is a consolidation phase, 1920-1950 is the current range, seems weak on daily candle the bias is negative it's a SELL ON RISE till 1954 as STOP & REVERSE. FOLLOW THE LEVELS AS MENTIONED. BUY ABOVE 1954 FOR POTENTIAL UPSIDE 1985 - 2018 SELL BELOW 1924 FOR POTENTIAL DOWNSIDE...
Hey Traders! Excited for another week of Trading. GBPJPY has been moving in abundance lately. Price still sits under the 200 day Moving Average, with no signs of upcoming breakage. In the last couple of weeks GJ managed to break A Strong Weekly Ascending Channel, & trade a full week above it. Price is currently testing that same Weekly Resistance level it...
Refer the chart for detailed analysis ; EURUSD - On the verge of positive breakout & on the verge of strong resistance also, The approach should be wait and watch until the clear breakout happens in either direction, Above 1.18540 it is expected to be in a bullish zone and can fly upto 1.19208. Below 1.18263 it is expected to touch the lower support line around...
Price is going up to Target (144/145) through Trend creating Highs and lows. Price is currently at past highs where consolidation took place for a week. Currently testing that level as a Support and testing the Trend line. 4HR Fibonacci Retracement "Golden Zone" falls perfect with Support and Trend line. Price range also pulled back same distance as previous...
Hi All This is the long term view for GBPUSD. The structures are all confirmed with fibo rations and also RSI There are couple of structures i cant not conform 100% with fibo and RSI but I have names them as they fit in the context and wave counts. First this scenario is valid until we hit 1.29$ This scenario is confirmed if I can see a candlestick breaking...
GBPJPY: Wait For A Daily Close Above 139.620. Next, enter on a retest at 139.620 for a Buy.
EURUSD has formed a second wave of uptrend, similar in volume to the previous wave, and has found resistance at a significant supply zone this week. As bearish as USD is right now, it is about time for a pullback / correction, thus we should wait for a consolidation pattern or a retest of previous low before continuing to buy EURUSD . This week, we should see...
EURUSD has formed a second wave of uptrend, similar in volume to the previous wave, and has found resistance at a significant supply zone this week. As bearish as USD is right now, it is about time for a pullback / correction, thus we should wait for a consolidation pattern or a retest of previous low before continuing to buy EURUSD. This week, we should see...
The dollar has posted its biggest loss in a month since 2009. One glance at the monthly timeframe, the dollar is certain to have confirmed its peak at 103. It is also almost certain that the dollar has begun a mid to long term bearish trend as it fell back to the starting point of a 2-year rising channel just above 93. Since we are certain that the dollar will...
The dollar had the biggest weekly fall in 4 months and broke below a 22-month support level. At the same time, the dollar is also threatening to break below a 2-year rising trendline which could open the floor for more selling. In fact, the dollar is destined to fall since it broke below a 2-year rising channel. Of course, there are a lot of fundamental reasons to...
Key levels for this week - 106.70 105.10 104.75 - Going into this week looking for bearish continuation - Any pullbacks towards key level will be used for new entries Weekly forecast/Sunday analysis highlights the overall market trend with key levels to get an idea of the best targets in the upcoming week(s)! Projection of the market with technical analysis...
Since coronavirus first broke out in February globally, the global stock market has tanked and plunged in a devastating fashion but has quickly recovered once the lockdown began and the economy started to open up again. However, it is obvious right now that the US is facing a relapse as new COVID cases rose to an all-time high, and death rate picked up...
USDCAD has finished forming a Head and Shoulders pattern, and has successfully formed a bearish wave reaching the previous low before finding support. We can see that the price USDCAD is currently in is a significant price of interest, forming 2 doji candles this week. Should price be supported this week, we could wait for a retracement back to the neckline of the...
USDCAD has finished forming a Head and Shoulders pattern, and has successfully formed a bearish wave reaching the previous low before finding support. We can see that the price USDCAD is currently in is a significant price of interest, forming 2 doji candles this week. Should price be supported this week, we could wait for a retracement back to the neckline of the...
After Double Top Rejection sell in downside. ThankYoU
Key levels for week ahead 1.35 1.3730 1.3865 - Overall market is in bullish structure but due to choppy market (potentially nice consolidation for continuation) will just let market breathe and show clearer signal for new entries. - If DXY analysis goes as planned this pair should do as well.
USDCAD continued moving within it's range without a direction this week. This is good for us as it provides a clear selling price, at the top of the range. Before closing, USDCAD got supported at the bottom of the range once again, therefore, this week we could look to sell USDCAD at the top of the range once price gets resisted. However, if USDCAD breaks above...