Today I will show some weekly Analysis which is showing many Bearish signals. Firstly the RSI has a weekly bearish Divergence. This is a bearish indicator as we are likely to move lower. (Marked by purple arrows ) Secondly There is a bearish engulfing candle which indicates bearish momentum (Indicated by green arrow), you can find more about the pattern here: ...
This is the weekly analysis for the week commencing 28.06.2020 ====================== NOTE:Truths -Traders will do the same thing over and over again. -In trading, no one to blame and no one to question what price did. -Price can break any low/High because anything can happen. If you fully allign your thinking in line with the truth about the market then you will win.
Good day traders, hope you all have a pleasant weekend ahead. Weekend has always been the best day to do self reflect in our trades throughout the week, as well as to have weekly analysis to ready for the week ahead! Start off with EURUSD. From daily chart perspective, price has broke below the strong support. Nevertheless, price has closed in a very bearish...
Over the past weeks we've see CADCHF bearish and this past we it was the same just with low volatility and liquidity. The pair made a ascending pennant pattern before the sellers pushed for a breakout to continue the bearish moment. We might see the same sellers looking to push the price further down this week. Thanks for viewing. Comment with your thoughts I'd...
NOTE:Truths -Traders will do the same thing over and over again. -In trading, no one to blame and no one to question what price did. -Price can break any low/High because anything can happen. If you fully allign your thinking in line with the truth about the market then you will win.
This two are similar in their movement. Aussie maybe slightly stronger. NOTE:Truths -Traders will do the same thing over and over again. -In trading, no one to blame and no one to question what price did. -Price can break any low/High because anything can happen. If you fully allign your thinking in line with the truth about the market then you will win.
Trend: Down Phase: corrective Trade: SELL NOTE:Truths -Traders will do the same thing over and over again. -In trading, no one to blame and no one to question what price did. -Price can break any low/High because anything can happen. If you fully allign your thinking in line with the truth about the market then you will win.
TREND: UPTREND PHASE: PRIMARY TREND TRADE: BUY AFTER CORRECTION NOTE:Truths -Traders will do the same thing over and over again. -In trading, no one to blame and no one to question what price did. -Price can break any low/High because anything can happen. If you fully allign your thinking in line with the truth about the market then you will win.
A move to the downside almost seems imminent. Forming a clear Inverse Head & Shoulders. Get ready to Buy some Blood!
US30 - Dow Jones - YM1! - H4 - Weekly Analysis -Head & Shoulders We have a Major bullish Trend on the Daily chart, but we just had a bearish reversal pattern and also have a Head & Shoulers pattern on the H4 chart. We are waiting for a little correction on a key level to enter SHORT. Our targets will be @ 24000 &...
The $SPX is testing its 200sma on a daily chart, on a weekly chart, we are seeing a bearish engulfing candle (2 hours to go for close). Next short-term support is $2950. $VIX back above 40
Hello traders, first of all hit the like button for this idea. It will make your future eurusd analysis easy. Now we are well prepared for atleast next 3 to 5 weeks to make money from eurusd. This is the two week cycle, i was checking out the period of drop from 9 march high to 20th march low. Then i figured out its a two week cycle and every two week is a...
I still have an up-trend bias as we have completely broken the weekly trendline and have yet to retest it. Once the retest is over, may see a huge push to the up-side yet again.
On the weekly timeframe we can see many rejections and reversal candles on the 0.90000 thousand pip quarter point showing us possible reason for a reversal of the trend. On the daily chart you can see an ascending triangle forming for a breakout, and a shooting star candlestick right at the 0.9000 level to further confirm a bearish trend. Now down to the 4 hour...
The main event of the past week in terms of a pandemic is the formation of a new peak in the number of new cases. That is, the fear of the second wave is replaced by the reality of the second peak. Which of these is worse is hard to say. The second wave did not become less likely because of this, but rather the opposite. So, in this regard, the situation is...
Will the lower low stay intact or will the USD take over and make this pair keep dropping? If the USD takes over, it'll have to break the trendline to confirm the bearish momentum is still intact. So if we return to the trendline, this is what I'll be looking for: a continued drop to the monthly 1.18937 zone. BULL TPS: • 1.24148 • 1.25035 • 1.26229 BEAR...