Trinnisia_Trades

Trinnisia_Trades

We are in the downtrend, the market rejected 50EMA few times but strong support holds. I believe resistance will be broken in the next few days, looks like we’re gaining strenght. We could go to 1.245 or 1.25 and then we might expect to test the support once again. I’m not a financial advisor or professional trader, please trade carefully

Trinnisia_Trades

Based on my analysis: quick correction to 50 EMA and then we might see ATH by end of January

Trinnisia_Trades

I see two options: 1. Christmas rally, we break 7000 and go higher 2. Last one try, we get rejected and go towards 200EMA on daily chart. It could be a bull trap. I don’t see enough momentum, especially with next wave of covid. We all know 2022 will be hard for the markets, they’ve slowed down, the questions is when the downtrent starts? Very risky at the moment,...

Trinnisia_Trades

I’m not very familiar with this market, only started to trade it two weeks ago. Based on technical analysis death cross just occcured. RSI is pretty low but we still can go lower towards 8000. After that we should see some green candle sticks to the upside to 8500-8700. The market will become more bearish next year and with Omicron I don’t think we will go that high.

Trinnisia_Trades

USD has been rallying for a week now. RSI is 66, still room to the upside but I noticed divergence pattern forming on 1h chart. I think the market will try to break level around 1.297 and pull back to 1.266-ish (50EMA) before reaching 1.30 and 1.31. We must remember we’re at very strong resistance, I don’t think it’s possible to break it without small correction...

Trinnisia_Trades

We can analise it as much as we want but the truth is anything can happen. On daily chart we’re witnessing possible divergence? The market move is basically parabollic. That reminds me of ETHUSD few months ago that fall enormously after intensive rise. This is different. Turkish rates are definitely very bold move that caused this and in a long term I’m sure it...

Trinnisia_Trades

All the markets unbelievable recovered since March 2020, I would say too fast. The buble will burst but not yet. I believe we still have about two very bullish months ahead. At the moment CAD40 is not ready to go much higher. I expect a pullback towards 50EMA or at least 20EMA. I’m waiting until it drops to 6920-6930. Trade with your own analysis. I’m not a...

Trinnisia_Trades

I believe we will go lower to 7300 before we go higher. The market doesn’t have enough momentum at the moment, 20EMA is still lower that 50EMA. Trade with your own analysis, I’m not a professional adviser.

Trinnisia_Trades

Daily RSI is overbought, market has been rallying for about a month. On 4h chart possible bearish divergence. Normally I would be waiting for a pull back to 200EMA (around 1.2650-1.2450) and we have very strong resistance at 1.285, rejected few times but today is NFP day and I expect very positive date. I’m bearish at this point. I’m not a professional adviser

Trinnisia_Trades

It's my prediction for next week. RSI is currently 75.5, the market is oversold. I don't believe it has enough power to break 7100-7120 at this point. We need a small pullback but I don't think it will go all the way to 6600. The buyers will step in around 6777-6834 - 50 and 38.2 Fib(low risk scenario - TP 6935 - 23.6 Fibonnacci) I opened two sell positions - but...

Trinnisia_Trades

If today’s 4hr candle stick closes above 15537, we will rally. Also we have bullish MACD crossover on 4hr Target 15800

Trinnisia_Trades

NASDAQ pulled back a bit on Friday afternoon, which is a good thing. I expect the market to go down to 15100 - 15070 max, that will help to gain momentum to reach 16000 level. We are in the middle of earning season, on Tuesday 26th big players like Facebook and Alphabet will announce their financial results for Q3. They did very well in Q2, I don't see a reason...

Trinnisia_Trades

Crude has been rallying for a while, last week or so being oversold. The trend is going higher but losing its power. Although we had small pullbacks towards 9EMA, I expect bigger correction to around 20EMA ($79.8) before we go significally higher. I believe we could finish this year with $100 per barrel.

Trinnisia_Trades

On 4hr chart bearish cross is coming soon. I expect pull back to 156-ish area and then strong upwards. Similar pattern occurred in Oct 2013.