Brian_Philips

Brian_Philips

Hello guys, Based on the chart, price broke a resistance area and now it acts a support level for further increment of gold price. On the other hand we can see price rejection from the new support and moving into an uptrend channel which can strength our scenario to buy. Wish you a great trading week.

Brian_Philips

Hello again guys, As you asked about WABIBTC, this chart has a down trend movement and lacks sufficient liquidity on it. So most of the time it would be range with a bearish outlook. Currently price reached a support area and we can expect to have a bullish movement( it can occur with just a shadow ) to the top of our trend line. Finally I recommend you if you...

Brian_Philips

Hey guys, There is a good buy opportunity on IOTAUSDT based on the chart. So let’s see the reasons and what’s happening on the chart right now: ———————————————————— 1. Price is in an uptrend ( Bullish ) 2. Breaking the previous bearish trendline ( Bullish ) 3. Hidden divergence on RSI(14) ( Bullish ) 4. Reaching to the support line ( Bullish )...

Brian_Philips

Based on the chart, for XAUUSD, price reached a major support area and a rejection is about to happening but it's not completed yet! So at this moment we can have to different scenarios that we are talking below: ---------------------------------------------------------------- 1. Price rejection from the support level is completed and the price moves up 2. The...

Brian_Philips

At the moment price reached a very important area for EURGBP and we have two different scenarios for this case: ---------------------------------------------------------- 1. Wait for rejection and buy for a bullish movement. 2. Keep looking on the chart and wait for the breakout. then sell at the pullback....

Brian_Philips

Hey guys, Based on the chart there is a good buy opportunity for XAUUSD. So lets check the chart with us and see what is happening: ------------------------------------------------------------------ 1. Breaking the bearish trend line ( Bullish ) 2. Bullish Engulfing candlestick ( Bullish ) 3. Breaking a resistance area strongly and a pullback is happening (...

Brian_Philips

Hey Guys, Based on the chart, there is a good sell opportunity on GBPCHF. But let check the chart and see what is happening right now: ----------------------------------------------------------------------------- 1. False Breakout happened on a uptrend channel -- Based on the candlesticks ( Bearish ) 2. Price is in a downtrend ( Bearish ) 3. Price reached a...

Brian_Philips

Hey guys, Based on the chart price is in a good situation for opening sell positions on XAUUSD. But let's go deeper on our reasons and see what's on the chart: 1. Price is in a downtrend ( Bearish ) 2. A correction have happened --> price reached to 0.618 Fibonacci and dropped ( Bearish ) 3. Bearish Engulfing Candlestick ( Bearish ) 4. Currently price is in an...

Brian_Philips

Hey Guys, Based on the chart, it seems to a have good buy opportunity on USDCHF and it would be good to hold it for following days. So let's go more details on what's going on the chart: 1. There is a strong bullish Engulfing candle ( Bullish ) 2. Price is making higher highs and higher lows which means we are in an uptrend ( Bullish ) 3. Price is close to our...

Brian_Philips

Hey guys, As you asked about GRTUSDT, We can say that the price is currently on a support area(However it is not a major) and we have different scenarios for it: 1. Breaking the support area: it would be possible for price to drop till 0.5 2. Rejection happening: At this situation the next target would be 1.1...

Brian_Philips

Hey guys, As you asked about CELRUSDT, based on the chart, price reached a major resistance area an actually there is nothing to do right now because we have 2 different scenario at the moment: 1. rejection of price from this level (or even a false breakout): It may lead the price to drop on specified areas. (probably 0.043 ) 2. Breaking this area...

Brian_Philips

Hey guys, As you asked about the SHIBUSDT, this market is in range right now and probably it will remain at this range for the following days. There are 3 things that we've to consider about this chart: 1. Price moves up and down between a support and resistance area (Range market) - It specified on the chart 2. The previous bearish trend 3. Bullish divergence...

Brian_Philips

Hey guys, Based on the chart movement price reached to a resistance area and also it reach to the top of the downward channel. So the scenarios are: 1. Reaching price to the top of the downward channel. 2. Price rejections (starts happening from 6th of September) 3. The price reach to the 0.618 Fibonacci of the previous wave 4. Hidden divergence on RSI(14) So...

Brian_Philips

Hey guys, Based on the chart and whatever happened during the last week, there is a strong bearish possibility for BTCUSDT in the following days. AS it specified on the chart, I have 4 reasons for have a bearish movement: 1. Strong daily bearish candle 2. Reaching to the top of a downward channel (It would be valid till the price remains in channel) 3. Price...

Brian_Philips

Hey guys, Based on the chart we can have a good sell opportunity for AUDUSD. The scenario for selling is: 1. Downward trend 2. Breaking the rising wedge 3. Strong bearish Candle 4. Strong resistance area at the top Note: As always please take risk management rules into consideration before opening any position on the market. Good Luck!

Brian_Philips

Hey guys, Today we have a good selling opportunity on CADJPY. The scenario of trading is: 1. Bearish downtrend. 2. Price reached a major resistance area and can be counted as a pull back. 3. The price rejection from this area. So based on this scenario I opened a sell position with low risk and high gain. Note: As always please take riskmanagemet rules into...

Brian_Philips

Hey guys, Today we have a great buy opportunity on BTCUSDT. Based on the chart, price reached a support area and a strong rejection happened yesterday. Mainly this action can be a good sign of traders willingness. It shows that buyers are strong while sellers lost their positions. So It would be highly possible that a bull run start soon and I prefer to be...

Brian_Philips

Based on the chart, price for the third times reached a major resistance area and rejected. So based on these rejections, it seems to be a good trading area with low risk and high gain. Also the candlestick movements are getting weaker which can be a good sign for sellers. So based on this scenario I prefer to be seller at this area which can have good risk reward...