the5erstrading

the5erstrading

MACD Divergence With A New Supply For Sell Position On XAU/USD. There are a few reasons to look for a sell position in XAU/USD: 1. In the wide picture – 1W chart, the price has just arrived into a strong resistance zone. The last time that this happened was about a year and a half ago but back then, it continued to drop to 1160.00 zones. 2. In the 4H chart, there...

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This Evening Doji Star is a reversal candlestick pattern, The uptrend continues with a large green body. The next candle opens higher, trades in a small range and then closes at its opening (Doji). The last candle closes below the midpoint of the body of the first candle. We can see this pattern now on the 1W chart, although in the long term the price returns to...

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The last USOIL weekly candle formed a bullish pin bar pattern following a closure. The Pin Bar candlestick pattern is one of the most reliable and powerful candlesticks patterns for technical Forex analysis. If this pattern is found near a support or resistance key level, it is then a reliable indication for a reversal pattern. Although the last week candle...

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Last week’s candle on USD/CAD has ended with an engulfing candlestick pattern. This weekly candlestick is red from the beginning to the end. After the price compressed vertically and took all the buyer’s orders on the way up. It dropped back to the origin of the compression. This drop created last week’s candlestick which engulfed the previous 12...

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On the 1D chart, the previous day’s candle has ended as an outside bar candlestick pattern, which is a reversal pattern. We can see how this candle was engulfed the day before. The height of the outside bar was higher than the height of the previous day. and the low of the outside Bar was lower than the previous day’s low. Since it’s a bearish outside bar, we...

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Trend Analysis For GBP/USD, Monday 03/06/2019 As we can see in the M30 chart, the GBP/USD has just developed a bullish momentum. In the higher time frame, the price is still bearish. Below us, there is a new fresh demand level which is also a Quasimodo level. A Quasimodo pattern is a situation where the price changing momentum with one strong movement. As we can...

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At the beginning of 2018, BTCUSD had failed to surpass the $20,000 mark. Thereafter, the drop was rough and painful. While some investors started to doubt the crypto-currency assets, the BTCUSD has managed to perform a hero recovery. In the last few months, it succeeded to triple its value from $3000 to almost $9000. Now, some of the investors believe that the...

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In this 1D chart, we can see the USOIL price has developed a bearish momentum, for the long term. It seems the price is on its way to reaching the demand at the bottom which is 45.00 zones. In the 4H Chart, we can see a great level to sell USOIL and join the bearish momentum. That level is the supply above and that supply also breaks out the support from the left...

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In the 4H chart, we can see the CADCHF is bearish, In the 1D chart, we can see the price is ranging between 0.7600 at the top, to 0.7400 at the bottom, for now, there are 3 scenarios that we Should wait for, 1 – If the price reaches the supply above, it will be a great opportunity for sell position, the target for this position is the demand below, 2 – If the...

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In this 4H chart, we can see that the SPX500 is still bullish and the price just arrived into the support zone which is a critical level. If the price breaks out the support, then it will indicate that the Bullish momentum has ended and the price now becomes bearish. That support is also the neckline of the Head & Shoulder pattern. In order to complete the...

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EURUSD has a really nice and strong rally yesterday, when the price move up it creates two fresh demands, the one below us is a great level for buy position in order to continue the short term Bullish momentum, at the moment, the price just reach that demand and if it’s not too late, it’s a great opportunity for short term buy position, on the other hand, if the...

the5erstrading

The left chart on the picture is the 4H chart, in this chart, we can see the USOIL price is between two critical levels, at the moment, where the price is now, there is no clear opportunity for Position, unless the price will create a new supply or demand, the next level to buy USOIL is the demand below and the next level to sell is the supply above, the demand...

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As we can see, the USDJPY has just started to develop a bullish momentum by breakout the last high of the recent bearish momentum, as the price is bullish for now, it will be wiser to look For a reason to buy, the demand below seems like a great level for buy position, on the first touch of the price at that level it’s the right time to buy, the first target will...

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As we can see, the AUDJPY is in bearish momentum, the price went down almost 500 pips in that bearish momentum, also, we can see a clear divergence between MACD and the price, as we Know, that divergence indicates that the price losing power and the bearish momentum is about to end, now, besides the divergence, we waiting for the price to break out the resistance...

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If we look at the 1H chart, we can see the EURGBP is in strong and long bullish momentum, the indication that this bullish momentum is about to end is the combination of the supply above and The CCI indicator divergence, on the 1D chart we can see the price is just about to hit the supply above, this supply seems fresh and it’s the first time the price will touch...

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For the long terms, XAUUSD is in bearish momentum, However, below us, there are two great and fresh demand levels with a great potential for buy position, each one of them looks really strong Level, if the price reaches the demand below I’ll buy there, the stop loss order will be just below this demand and if the price will breakout the demand and hit the stop...

the5erstrading

As we can see on the 1D chart, the USDCAD price is struggling to move up, this kind of price behavior called “Compression“, the price move up step by step in a way that looks powerless, many Small candles, everything seems pressed, above us, there is a great supply which most probably holds many unfilled orders, that indicates a strong level, the combination of a...

the5erstrading

As we can see on the 1D chart, the USDCAD price is struggling to move up, this kind of price behavior called “Compression“, the price move up step by step in a way that looks powerless, many Small candles, everything seems pressed, above us, there is a great supply which most probably holds many unfilled orders, that indicates a strong level, the combination of a...