Hello everyone, beyond my weekly technical analysis of ZN1 10 years T-NOTES FUTURES, I see a bearish trend with a high probability in the next few weeks.
Purple Line = Weekly Support
Red Line = Daily Support
Orange Line = 4 Hour Chart Support
Yellow Line = 1 Hour Chart Support
UniSwap (UNI) is on the way that break Weekly Support level, if that happen UNI has only Daily, 4 Hour and 1 Hour Support Level as obstacle and if we see Daily, 4 Hour or even 1 Hour Bearish candlestick which close bellow yellow line We can...
Pattern: Triple Bottom
DEFINITION of ‘Triple Bottom’
A triple bottom is a bullish chart pattern used in technical analysis that’s characterized by three equal lows followed by a breakout above resistance.
The British pound initially fell during the week but found enough support at the 1.2850 level to turn around and form a hammer. I believe that this market is going to continue to go higher, and a break above the 1.3050 level is that signal. At that point, I believe the market can go looking towards retest again 1.2850 /1.2800 and then we can see rally towards...
The EUR/USD pair jumped to 1.1979 following the release of the US Nonfarm Payroll August report. The pair however, changed course quickly on headlines reporting that the ECB won't be ready to taper QE until December, which seems a desperate move to keep the pair below the 1.2000 level. Now struggling around 1.1900, the 4 hours char shows that the pair was unable...
USDJPY prices may continue to fall. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USDJPY-bearish contrarian trading bias. We can see one more rally before falling.
