About meFounder of www.ProTradersNetwork.com, home of the TMG Titan traders who uses TMG Titans Pro Tools developed by Ardy.
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We have two bearish candles on the daily time frame.
15ema might be retested soon before more up moves.
Once price reaches those levels, we need to see whether the bulls are going to come in.
At the moment we are seeing retracement moves down after the impulse moves up.
All the best guys!
Good day traders.
Lets look at XAUUSD on the weekly time frame.
Currently it is within a down trend channel which is a retracement within the bigger move from 1159 to the high of 2073.
We can see that support held well at "A" and subsequently at "B" and "C" around the zone of 1680.
At this point we believe that XAUUSD will continue higher towards the top...
BNBUSD up trend is set to continue.
Hey crypto Traders and all ProTradersNetwork followers!
Here we have an analysis of BNBUSD.
A much favoured coin at the moment as it’s been moving nicely for a couple of days.
For those who have BNB in your portfolio, I believe that you are in the money!
Congrats. We are all happy for you.
So what is in the minds of many...
Thank you for reading my analysis.
Looking at the weekly chart we can see that price has started turning up. We also have a bullish pintail formed about 4 weeks ago.
Bullish divergence is also spotted in the MACD histogram.
Price is currently trying to move above the 15ema and I believe that the 30 ema (red line) will be the next topside target and...
On the daily timeframe.
I believe that we may see higher prices for AUDNZD moving forward.
It is at a slanting support level in the form of a slanting line.
This slanting line support dates back all the way from the first swing low created on the 9th June 2020.
Upside target would first be the dynamic resistance in the form of the EMAs and followed by the...
Momentum and trend is sideways.
On the Daily Time frame
- Moving averages sideways
- Upperside of range is 1.6558 and bottom side of range is 1.6111
- Centre line at 1.6340
- MACD is above zero line but in red. Slight downside pressure.
On the H4 chart
- Price within a triangle.
- Currently looking to test the upper side of the triangle. Possible upside at...
A potential long at the 1.5430 zone.
We can see support at this level when we look at the left side of the chart.
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