Hi Traders! The market is moving in a range. After the confirmation of the range it is the second time the market tests the area. If the range is still valid, we expect a down move until the support at 0.98500. We used the pattern of the last down move and copied to the current situation. If the market fails breaking the resistance, we have still a range and we...
Hi Traders! The market is moving in a range since 21th Octobre. It was swinging up and down and now up against. But this time the market is moving with very strong momentum. There are good chances to make a new longtrend. We expect the marketa to retest the 'breakout' and to trade along the new trend! Thanks and good luck :)! PS: Make sure it isn't a false...
Hi Traders! The market is moving between the trendline - which is the resistance - and the support. We here have a weak downtrend, because we have lower highs and same lows. We expect the market to make another swing low. An alternative is that the market could break out upwards and make a new trend. Thanks and good luck :)!
Hi Traders! The market was moving in a range between the SR at 108.250 and 109.000. It broke out downwards and many are already in. But NOW it is retesting the break at the Resistance (Support turned now Resistance). If you aren't in yet, it is the PERFECT opportunity to sell! The best thing on all is the small SL we have, because if the market hits our SL, it...
Hi Traders! We here have a Cup and Handle formation, because you see the market was collapsing since 21st October after the swing high. Then it falled until the support at 1.28000. After that you can see that the market was rising along the trendline. Finally it reached the support at 1.29700 and it is now in a descending parallel channel. We expect the market to...
Hi Traders! The market is in an uptrend and now it reached a strong resistance at 109.00. It is ranging there since last week and we have to look for a breakout. Our risk-to-reward ratio is 1 to 2. We recommend to buy for being part of the next higher high! Thanks and good luck :)!
Hi Traders! The market is moving in a very healthy downtrend. Now it is in a triangle and it has to break out. The question now is wether it breks even lower or reverse. What do you think? Leave a comment! We recommend to trade a breakout with an enty pattern. Thanks and good luck :)!
Hi Traders! As you can see the market is ranging in a channel. We expect a breakout out of the channel for a pullback to 0.99000. After the pullback there could be a long trade, because of the strong trend. We recommmend to trade wether the breakout or the trend continuation! Thanks and good luck :)!
Hi Traders! The market started to rally on 10th October really fast. It started at around 1.22100 and rallyed until the resistance at 1.30000: That is around 800 pips in one week! Because of that speed, the volatility increased and then the sellers came in at 1.30000. They were pushing the price lower and now the market tries to go up again. Our expectation is...
Hi Traders! So, as you can see the market started to rise on 10th October. Then it made a descending triangle which worked very well. The market kept rising and it made a parallel channel. Now it failed to make a new high at 83.200. It has made a double top formation. We excpect the market to break out because of the double top with a RiskR of 1 to 3. Thanks...
Hi Traders! So, as you can see that we here have a nice intraday trade. The market was going higher until it reached the resistance at 1.11700. Then it consolidate in a "channel" until it reached the support at 1.11000. Now we expect the market to break the trendline. The reason is that the market can make a double top formation on higher timeframes. We recommend...
Hi Traders! As you can see the market was moving in an uptrend. Then it broke out and retested the trendline. In addition the 50MA is now broken. That means a potential reversal of the trend. We recommend to sell with a wide SL and a TP at 61.8% Fib. Level! Thanks and good luck :)!
Hi Traders! As you can see the market was moving in a strong uptrend since 17th October. Now it has reached the resistance around 108.900 and it is in a bullish flag. We expect the market to break out and continue the trend. Thanks and good luck :)!
Hi Traders! The market was moving upwards and now it reached the reversal area. Like on 12th September the market will maybe range and then break out downwards. As you can see the 50MA is away too and that is a sign of a potential reverse. Furthermore, the stochastic is overbought. We recommend to sell the market with a valid reversal pattern! RRW: 1 to 2.8! ...
Hi Traders! The market was moving in a good uptrend. Now it is getting weak because of the trendlines you can see and the volatility decreases. It is now possible to slowly start a new downtrend. Furthermore, the RSI is firstly overbought and secoundly it shows a divergence. We recommend to sell the brakout with two 2TP-Targets with a risk-to-reward of 1 to 2/6....
Hi Traders! As you can see the market was moving higher and now it reached a resistance. The Stochastic is overbought and the MACD indicatior shows high volatility. We recommend to sell with a risk-to-reward ratio of 1 to 4! Thanks and good luck :)!
Hi Traders! The market was moving very high very fast in an uptrend. Recently we had a bullish flag which worked very well. Now has fallen back to the support at 1.94900 and it is retesting it several times. Our expectation is that the market fails to raise again and it'll break out. We recommend to sell the breakout until the Fib level 61.8% at 1.90100. Thanks...
Hi Traders! The market is moving under the 200 MA and it is in a strong downtrend. Every time when it is bouncing back to the 200 MA, it goes down. Now it is in another potential reversal move and the MA is near again. We expect the market to continue the downtrend until the level 1.08832. Thanks and good luck :)!