In my previous idea on EUR/USD I explained you how the support and resistance zone could be used for a short position trade set-up. However, we have seen that the price is breaking through the resistance zone at the moment. That's why I decided to change it into a long trade set-up going to the next zone of resistance. I believe EUR/USD is now trending upwards,...
After a fantastic trade set-up for GBP/USD on my previous idea where we saw that indeed the confluence between the support zone and the trendline caused the price to go up, we are now at a difficult situation. If you were long already a great place to exit could be directly underneath the horizontal resistance. However, if you're not in the trade at the moment...
In this technical analysis I will walk you through the most important horizontal zones on EUR/USD at the moment that have given us great profits so far. If you recall, the first trade using smaller horizontal zones resulted in a beautiful short as displayed in this idea In combination with the weekday weekend effect, the price reversed beautifully. We are also...
Hi everyone, in this technical analysis I will go into depth on the current chart of gold. We have seen such fantastic volatility recently because of events like the US elections and the release of information on vaccines. This creates great trading opportunities and for scalp traders this is a dream come true. When you are trading gold on the shorter timeframes...
All information can be found on the chart. I tried to make it as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message
All information can be found on the chart. I tried to make it as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message.
In my previous analysis I was sharing a bullish scenario making use of the scenario where Litecoin would break through the resistance. However, we see now that the price has major issues breaking through. Early signs show that the resistance is really strong and that LTC cannot break through. I suggest to either wait or enter a short position for now. Then,...
All information can be found on the chart. I tried to make it as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message.
In this technical analysis, I will follow-up on the previous idea on BCH now that we have finally arrived at a moment where we can enter a long position. The price retraced beautifully to the horizontal one that used to be resistance. In the bullish scenario of the S/R flip and the old resistance zone turning into new support, I expect the price to rise until the...
All information can be found on the chart. I tried to make it as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message.
Hi everyone, in this detailed technical analysis I will walk you through the most important technicals on BTC/USD at the moment. Most importantly, I will discuss the parabola that has predicted the previous increase in price very nicely. Then, I will explain what things you need to take into account when the price reaches the horizontal resistance of the previous...
All information can be found on the chart. I tried to make it as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message.
All information can be found on the chart. I tried to make it as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message.
After breaking through the resistance with force, we now have to see if there is some meat to this pump, or whether it was just a classical pump & dump. ZEN Definitely has the potential, so to know from a technical analysis point of view whether this pump is stable, I want to see some support at the $8 level where it previously found resistance. The next place...
All information can be found on the chart. I tried to make it as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message.
All information can be found on the chart. I tried to make it as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message.
A very important has arrived for LINK. We can clearly see the oscillating price behavior over its recent upwards trending price. Even though there is a high variation in price, we can still see that on average the price is moving up steadily over time. The question is, what will happen when the bullish trend finally broke out through this ascending channel? I...
What an incredible increase in price for XRP/USD! Just over the last 24h we have already seen an increase of 30% in the price. Take the last week and you are witnessing a 75% increase in value. When taking the chart into account, surely this seems impossible to maintain. However, what is it about XRP this time that makes it feel so different? Is it because it...