Price is now siting on support trend-line, and if we see a closure below that lvl, next week we could see huge movement down! I would like to see price going down to about 1.1060 and then look for sell opportunities! On the other hand, if price manages to stay on this up-trend channel and breaks one more time the major down-trend, well.. then i would look for...
Here we have a complicated situation, price broke above the major down-trend but got back inside! Now is sitting in a zone where i'll have to wait and see who's gonna win! Buyers or sellers? For buyers to win, we have imediatelly to stay above 1.1110 at least, and next week try to break the trend and re-take that 1.1180 zone! hard... On the other side sellers...
By now, if you've been paying attention to my previous analysis, you know i always prefer continuation over breakouts! I just think its safer for entries! This pair is a great example! Price just touched a multi year trend line dating back to 2015! I'm in for the SELL for sure, 83.00 could be my final target because of the new up-trend that formed since aug'19 ! A...
Price rejected 0.8800 with a huge rally to 0.8630, breaking the up-trend iniciated on oct'19 ! Since then it's been consolidating with a 40-50pips range! I'm in a Sell right now on 0.8675 where price touched 0.382 fib and got rejected, already in 30pips profit and secured at entry! My initial thought, was that the 0.618 lvl was looking more reliable and i still...
This is what i think right now of this pair! I'm in for a sell, and as long as we dont see a daily close above 0.6930 i wont try to go long here! But after touching 0.6850 and climb all the way up to 0.6920 price has been consolidating in a bullish flag! Right now, I'm in for a sell with -15pips SL only.
So, when i'm watching this pair, my first opinion is that price is coming down this majo channel since May'18 and these last days and weeks were just consolidation! I believe it will continue to fall in the long term! But watching closely, this 1.0800 level looks damn good for a short-term BUY ! I'm in with a small position as i know its a risky trady... My SL is...
We have a nice setup going long here if we see a good candle closure above the trend line formed by the two previous spikes! i would like to see the daily candle closing above 1.0320! On the other hand, if price breaks below the trend line, we could see a nice rally all the way to 1.0200 ! That would be very interesting aswell! Now we wait! What you thik?? Let...
So price managed to get even higher than we thought and now made a new touch on the down trend channel dated back to oct'18 ! This is my third entry on this pair this week, the first oe i managed to make some profit out of pure luck, as i was online before the spike up! The second, yesterday night and now we're back at it! I feeling confident aout this one, on...
Price got hit hard and fell faster then when it went up last week! In my opinion that could mean that the bearish trend thats been going since Dec '18 could continue! Right now i'm looking for candle confirmation to enter long, if that doesn't happen and price keeps going down, i'll wait to see if price gets back inside the channel! A daily close below 0.6790...
So price was very choppy over the US/Iran tensions and ended up going to 109.20 where it found the up-trend line resistance, already showing good signs for a SELL! Waiting for confirmation on candle closure. Whats your thoughts on this one?? Leave a coment!
Price has touched the oct 18 down-trend channel and fell to 107.80 in two waves. So now my thoughts are that we could see a third wave down maybe to 107.00! Lets see! Any thoughts? Want to disscuss this analysis with me and more traders? join us on Telegram!! t.me/tradingbayfx
Like EURUSD, this pair has also brokeout from its descending channel! So i'm looking for some buy positions, right now its testing this resistance and i'm already in! What you think ?? Any thoughts? let me know !
My view right now for this pair! Looking for the continuation of the reakout we saw in previous days! Whats your opinion on this pair? let me know in the comments section! Also, if you want to chat about all the analysis we've been doing just join us on Telegram!! t.me/tradingbayfx
My thoughts here is that price will eventually follow scenario A. Whats your opinion?? leave it in the comments!! Dont forget, if you wish to discuss all this analysis and more with me and other traders, join us on Telegram t.me/tradingbayfx
Just got in this one, any opinions?? Leave a comment!!!
This is my view over this pair right now, AUD gainned some strenght last week and confirmed the break-out of the descending channel! Now testing a major resistance line.. lets see how it behaves! My first opinion is scenario B ! But we are ready for either one! Whats your opinion on this pair? Let me know in the comment session!! Also, if you want to join me...
Just got in another trade, some reports coming out this afternoon on USD, and i believe we could see another momentum down on this pair! LEt's see, i'm keeping my SL really tight on 20pips. what you think ?? give me your opinion! leave a coment
will USD keep falling and make a new low? or will it hold? This is my view right now, waiting for some action. What you think? Let me know in the comments!!