The bitcoin has been on a downtrend for quiet some time, but this head and shoulder could give us a reversal so let's keep a close eye on the pair.
Our analysis won’t be in anyway a suggestion on taking trades, because in order to master this business you need to have a good education, this is just our view on the market next move.
Hi guys possible SHS forming on eurusd H4, wait for break of neckline and a retest on h1 or m15 to form a pinpar or engulfing candle stick before going sell.
Always use money managment
stop just above left shoulder and profit the all head.
Marry christmas to all
We do not take any responsabity for the trade anyone as always is reponsable for...
As this pair broke a weekly trendline a pullback to retest it could be possible. So we think this cypher h4 could be the answer.
Leave some comment to tell me what you think!
Here we are with an interesting gartley + ab=cd I placed stop and target but in my opinion we are already heading for tp2!
Remember to trade safely don not use bit lot if you are a begginer.
We analyse AUDCAD,NZDCAD,EURNZD,EURUSD,EURCAD, AUDUSD.
I Haved marked the important zone and possible movement...
Have a Nice
Remember ,as always, this is just our view on the pairs do not take them as a suggestion to trade them. anyone is reposdable for its own trade.
At the moment the pair is testing a support level 0.95910, trend line on h4 tested.
The pair has been in an uptrend (daily and h4) and could possibly go up again to resistance level 0.97827.
If you take a closer look at the chart we could see that the par could go up to 0.96500 that could be a good profit zone.
There I would be aware of...
As you can see in the chart the nzd has almost tested a weekly trend line, so we keep an eye on the chart to see if it goes up againg, but always check the candle formation in the interested zone.
Have a nice Weekend
Hello guys I am back from holidays and my first spot for the week coming is a possible SHS on EURUSD on D1 chart with possible target 1.1850 but be always aware that we need same retest of the neckline at 1.1588 before considering an entry.
Like gbpcad that has already broken the neckline and it is heading down, eurcad is near the neckline and to enter short we have to wait for a daily close down the neckline at 1.4902 region. But like I said last week we have to be carful because at this time of the year many people and back ( especially these two weeks of august) are on holiday and we could be...