The channel looks brilliant, no doubts about that. We are short on this and will keep holding our positions open till we hit the lower boundary of the descending channel🙌🏻
Remember our EURCHF analysis from last week? Seems like bears came out strong and decided to take over. Strong rejections can be observed, which means that the price could not break the area of resistance and It is now headed towards the south. We do not precisely know if the price will reach our target before going back up, but if it does, it's gonna be really...
The pair is still stuck in a range and it is moving from one zone to another. It is currently situated at Support #1. We will wait for some more confirmations before either going long or short on EU🙌🏻 What do you think about this one? Share your view in the comment section, fam🙌🏻
ETHUSD has finally broken out of this descending channel. Or is it so? 2 M15 candles are not enough to make assumptions yet, but it seems like a solid foundation for future ups. What can we do? Wait for couple more candles to form to make sure this is not a fakeout (caused by a small BTC uptrend) and hop on the trend a little lower. All the best!
Good morning, traders! Hope yall had an amazing weekend! Let's look at our gold trade again we made last week. This trade is definitely going to our future trading manual. Beautiful TP and it even managed to break the key level. What's now? Well, it seems like gold isn't that strong below this pennant area, so it's trying to get back there. If it manages to close...
The pair is in a downfall and it has rejected our descending trendline again. Moreover, a nice double top has been formed as well. We are good to enter the trade and bag some nice pips🙌🏻
The pair is still in a downtrend and it has once again rejected our descending trendline and zone of resistance. We are opening sell positions and aiming for the ground🙌🏻
What a day it has been yesterday! We can finally claim a victory in this rally. "Big sharks" and media will try to cover this surge as "Reddit malfunctioning for couple hours", but if you look at the volumes it's obvious that a significant amount of institutional shorts have been closed. The retail market has been underestimated for so many years, but greedy...
It's extra to mention that our previous BTCUSD analysis was "FIRE"! Beautiful entry and amazing withdrawals. Gave Bitcoin a couple of days to gain some momentum back and as we can see this pennant is indicating that a new breakout is about to happen (most likely bullish). Let's give it couple more candles and fasten our seatbelts!
Remember the previous CJ analysis? Correct, target profit got his and lots of money was made. It has broken through our zone of resistance, so we are gonna keep holding our LONG positions and keep bagging pips🙌🏻
The pair has approached yet another key level. We will be monitoring this one closely and looking for signs of a breakout or a rejection before opening positions🙌🏻
Look at this beautiful smile. The double top is one of the strongest formations on the market which has everything we like about trading: Tight SL, Huge Reward, and a high conversion rate. Let's wait for further confirmation and sell this guy!
Remember our previous GBP/CHF setup? That's right, it hit our Target Profit and we made some good money. It is currently standing at a major descending trendline. We are currently waiting for the market to print some strong bearish candles before opening SHORT positions and aiming for the tectonic plates🙌🏻
The pair is still stuck in a range and it is currently at the lower boundary of it. A very nice bullish candle has been printed, so we will be looking forward to open BUY positions and aim for the upper boundary of the range🙌🏻
The entire stock market was down since Monday, which led to some expected corrections and a good opportunity to buy at lower levels. Regarding Apple, I feel like it's starting the climb back to the trendline that has been working out for a while. It's also a major resistance zone, thus, we choose it as our first target zone.
Remember our previous NU analysis? Played out perfectly as expected. The overall sentiment is bullish, but we are waiting for it to complete another move down before flying up🙌🏻
The pair is still bullish overall, but in my opinion, it will hit that 0.988 area once again before continuing its move to the upside🙌🏻
We were making money out of this EU range for a quite while now. The idea is simple: once we're at one of the key levels, we wait a little more for proper confirmation and we enter the position accordingly. Bagged 100+ pips on this idea last week!