EUR/JPY has come back to re-test the area of resistance that it has broken. From this point, we are opening BUY positions and aiming for our First Target as shown on the chart🙌🏻
Gold hasn't been giving any comeback hopes. In the current clashes with USD Strength, Gold reminds more of FC Barcelona against PSG in the champions league. With all due respect to its previous mighty, after the falling wedge is complete (as shown with the ghost candles), we're going to see our long-awaited breakout. Stay tuned for more updates!
Good morning, traders! What about a fresh cup of Bitcoffee in a nice cup and handle pattern. Cup and handle pattern is becoming increasingly popular among altcoin traders. Why? Well, after that rapid parabolic increase there always has to be a correction! And the handle is usually doing this job.
In our opinion, it's possible for the pair to rise till the descending trendline before reversing and hitting the 1.262 area of support. However, we will be selling the pair as soon as we notice signs of reversal. Nevertheless, 1.262 is our Target Profit🙌🏻
The pair is currently sitting on a zone of support. If the price is able to print some bullish candles and jump off the area of support, we will be looking forward to opening LONG positions and aiming for the 0.888 area of resistance🙌🏻
This is the range that Tesla has already been in since the first week of this year! The more current market price attempts and fails to break, the stronger it becomes. However, within the range itself, we see the signs of a descending triangle thereby, the next upside move is limited by it. WARNING: "This idea will be invalid if Elon decides to tweet something...
How're doing, traders? Here is how EURUSD looking for today. It's very simple: if EU manages to close couple candles below support #1 it's an easy sell for 100 pips. If it shows indecisiveness it's more likely to retest and jump back to the resistance above. Treat this idea as a key level alert and act accordingly! All the best!
Here is the detailed breakdown of the pair, with all the important recent key zones. We are expecting the price to keep rising. Although we do not have a clear Target Point, we will aim for 70-100 pips first and let it ride🙌🏻
Yes, the pair is in a downtrend. However, we can see that it is still ranging between two key zones. We are looking forward to buying the pair till the upper boundary🙌🏻
How you get good at trading? Basic education about market analysis mixed with the fundamentals of economics (eg supply and demand). How do you get into the top 1%? You start observing as much as you can. At one moment, you'll start noticing things other usually wouldn't. This way you'll always be a step ahead of everybody else. Here is an Apple stock! You see...
Good day, family! Hope you're doing well! Just noticed this interesting pattern consisting of two ascending triangles. Didn't know what to call it, so from now on this is going to be called Crab Claw (sounds a little fishy). Well, as you can see from the title this is an indication of a potential breakout happening really really soon. I would consider ascending...
The pair is ranging in a beautiful up-trending channel. We are looking forward to buying the pair around this area and aiming for the upper boundary of the channel🙌🏻 Share your thoughts in the comments, fam🙏🏻
NZD/USD keep ranging in a rectangular box, but not for long (at least in our opinion). We will be waiting for one more drop down to the 0.717 area of support, before going long and aiming for the 0.73 zone of resistance🙌🏻
CAD/JPY is on a strong bullish run and it looks like it will keep on rising. We will be looking to open LONG positions around the current price and aim for the 84.5 area of resistance🙌🏻
Gold is dying and it's no longer a secret, but look at this beauty. It's been a small cheat code that I've been using for gold since April 2020. Every time we touch that support line, boom, the gold revives. Don't know about you guys but we love to see patterns like this reoccurring on the market. It gives a sense of control over something we ultimately can't....
Hey, fellas! We wish you all a successful trading week! Extremely happy to see Bitcoin hit the almost 50k$ milestone. I'm not a big fan of shorting BTC (same as gold), but the recent surge has its own consequences. Sooner or later, there is a level at 41k$ that needs to be filled we go to higher highs. That's just the way it goes in trading, but I'm pretty sure we...
The pair is currently sitting on an important key zone. From this area we will be looking for a breakout to the downside or a bounce off the key level before opening a valid position🙌🏻 Feel free to share your ideas in the comment section, family🙏🏻
INVESTROY is back, ladies and gents. Sorry, we were a little busy with our students and members. Stay tuned for an amazing week full of ideas! The gold has formed a recent bottom which completed this beautiful pennant. By looking at the chart, you can intuitively tell that there are some levels to be filled above 1850. The momentum isn't strong enough for it to...