overbecktrading

overbecktrading Updated 

Hi guys for today our analysis is about USDCHF and we can see from the chart that there is a significant bear kicking into the market and we can see that USDCHF now is currently forming a double bottom at the fibo level of 50% which is at 0.92573 and I am currently setting a buy stop trade in case that more bearish momentum kicking in and force me out of the...

overbecktrading

Hi guys today's analysis we going to look at what is really going on with BITCOIN is it going down or up? First case scenario is that Bitcoin going to be continue bearish but when? In the chart we can see that after a strong push to the down side we are having a correction to the upside which can possibly reach my target of 63.5K area sell off to around 53K...

overbecktrading Updated 

Hi guys lets look at our chart DXY right over here. Dxy had a sign of pulling back downwards to the downside but we cant expect that DXY to drop back to 94.515 that was our previous resistance hence I am expecting DXY to be 1) Pullback to our fibo level of 61.8% which was a demand area that cause DXY to sky rocket 2) Usd pairing are now weakening and trying to...

overbecktrading

Hi guys today we going to look at what is going on with GBPJPY. Starting monday we had a significant push to the upside and now we are going to try our key level 1)GBPJPY bull trying to keep the price up but we are facing a key level of 61.8% at the price of 154.8 . 2) RSI near to overbought which is a sign that GBPJPY most likely going to be continue bearish...

overbecktrading

HI guys we had see a very nice trendline structure broke for GBPUSD . After a broke of trendline we had a pullback and bearish candlestick formed so we are expecting that GBPUSD tend to be continue falling to meet our target level. We have a very nice 1:2 risk reward ratio to protect our capital . We also see that DXY had been very bullish since yesterday market...

overbecktrading

Hi guys happy trading day today's chart will be explaining BITCOIN next move after yesterday's strong bearish push to the down side. Alot of people are panic about what is going on Bitcoin and here are some of my opinion 1)Bitcoin had a very strong push to the down side as on daily chart we can see a bearish divergence formed and for technical analysis trader or...

overbecktrading

Hi guys happy trading day. From the chart we can see that Audusd had been very bearish for the past two weeks and clear downtrend structure formed , hence for this scenario we had drew out fibo level and at 61.8% meet our key level that is around 0.73759 . We just have to do well planning on our trading and the best will come to us . Comment down below about ...

overbecktrading

Hi guys here is my analysis on XECUSDT , it is showing us a wonderful sign that is going to moon soon. The price couldn't break through the trendline for a long period of time but then now the EMA had cross over but then multiple wick rejection still occur. We are setting a buy stop order as a safe entry for us to minimize our loss for this trade . I hope you...

overbecktrading

Bitcoin now are having a strong pullback back to our fib level of 61.8% and bullish candlestick formed and base on my prediction on bitcoin movement from previous move , based on my analysis it will continue to run up another 13% which will be ALL TIME HIGH for BITCOIN!!! . We wouldn't be always right in the market all we have to do follow our risk reward ratio...

overbecktrading

USDCHF had currently broke through it's resistance and we would not choose to enter the market at such a high price. As a smart trader we should wait for the price to have a small pullback but alot of trader would enter at a much higher price because their indicators told them to do so and this one of the way that bank or big institutions manipulate the market ....