hey traders, bulls keep pushing natgas to higher levels of structure. I want to short the market from 2.86 level. Stop will lie above the underlined zone of supply: 3.06 Targets are based on structure: 2.6 2.4
hey traders, bulls keep pushing natgas to higher levels of structure. I want to short the market from 2.86 level. Stop will lie above the underlined zone of supply: 3.06 Targets are based on structure: 2.6 2.4
hey traders, double top formation on eurusd on a daily and confirmed bearish violation of a rising channel . For now, after a strong selloff, the pair is consolidating on a strong horizontal support 1.107. Wait and sell its bearish breakout. Our target levels will be: 1.10 1.03
hey traders, double top formation on eurusd on a daily and confirmed bearish violation of a rising channel. For now, after a strong selloff, the pair is consolidating on a strong horizontal support 1.107. Wait and sell its bearish breakout. Our target levels will be: 1.10 1.03
potential bullish gartley pattern on gold . Entry - 1465 Stop - 1452 T1 - 1480 T2 - 1494
potential bullish gartley pattern on gold. Entry - 1465 Stop - 1452 T1 - 1480 T2 - 1494
hey traders, nzdusd is still coiling around a major resistance level 0.643. it looks like bulls losing momentum and there is a chance to see a pullback from this level. on 4H the market is currently forming a right shoulder of a potential head and shoulders pattern. it is very interesting if the 0.643 level will be respected or not. pay close attention to...
potential harmonic bearish bat pattern formation on silver . Entry - 18.55 Stop - 18.95 T1 - 18.1 T2 - 17.6
potential harmonic bearish bat pattern formation on silver. Entry - 18.55 Stop - 18.95 T1 - 18.1 T2 - 17.6
WTI oil is very bullish this Monday. Most likely bulls will keep pushing the market at least to 58.0 level. There we have a strong are of resistance and we have a good potential opportunity to short the market. Because the momentum is quite strong I will be waiting for a reversal confirmation before entering short. Target levels will be 57.0 and 56.0 good luck!
WTI oil is very bullish this Monday. Most likely bulls will keep pushing the market at least to 58.0 level. There we have a strong are of resistance and we have a good potential opportunity to short the market. Because the momentum is quite strong I will be waiting for a reversal confirmation before entering short. Target levels will be 57.0 and 56.0 good luck!
hey traders, on USDCHF on a daily chart we see a completed head and shoulders pattern. the market is currently testing a neckline. If bears manage to break through the underlined support, bets will be very high that selling pressure will proceed and 0.978 and 0.97 level will be reached.
hey traders, on USDCHF on a daily chart we see a completed head and shoulders pattern. the market is currently testing a neckline. If bears manage to break through the underlined support, bets will be very high that selling pressure will proceed and 0.978 and 0.97 level will be reached.
hey traders, though many traders started buying gold this Friday we should remember that technically the market is still trading within the ascending triangle formation. Chances are still high that the solid resistance of the triangle will be respected and consolidation will continue. So if you are looking for a true signal, better to wait for a confirmed...
Pay close attention to the underlined minor support area on EURNZD. If bears break and close below it, bets will be high that we will see a bearish continuation to lower structure levels. Key levels of support are: 1.72 1.71
This week the index broke and closed below the rising correctional movement and we see a new lower low lower close. Now bears will keep pushing the market lower. The first zone from where we can expect a pullback is 96.4 - 96.8. Pay close attention to this zone and watch the market reaction.
This week the index broke and closed below the rising correctional movement and we see a new lower low lower close. Now bears will keep pushing the market lower. The first zone from where we can expect a pullback is 96.4 - 96.8. Pay close attention to this zone and watch the market reaction.
Potential scenario for USDJPY pair. Key structure levels and price action analysis.