For4 months we have been stuck within the 1.1280-1.1540 price range This situation opens up several opportunities for us as buy close to support and sell close to resistance, As you can see Friday the market closed at 1.1317 which is closer than ever to support (1.1280) So our recommendation would be to stay in buy position and those investors who did not enter...
We added the Fibonacci Retracement to the graph after a relatively large drop or rise it helps to analyze, So last week the euro rallied against the pound and started to rise even crossed the 23.6 Fibonacci line and then stopped right in the 38.2 area and fell back to 23.6, We believe that the price will stabilize and gradually return to the 38.2 Fibonacci and...
We see in the graph above some points that strengthen our opinion about Sell position: 1. According to the Ichimoku Indicator, we are totally bearish as we are under the cloud and the blue line above the red line in W1 2. we can see that we are in a bearish channel with lower points each time and right now we are in the resistance 3. As soon as the price touched...
As we can see in the graph, we have returned to the buying trend for several days already! We recommend entering a Buy position for several reasons with a very specific target: 1. The price crossed the moving average 200 (Buy Signal) In the daily graph 2. The price crossed the Kijun Sen In the weekly graph 3. The price will seek to reach a psychological goal to...
The model we see in the daily period is a classic model of Double Top- two consecutive peaks in price then breakdown, At this moment we are on the line of Tenkan Sen that gives support to the NZDUSD, Our signal is taking advantage of this support and open buy position! in case it continues to fall will reverse our position and take profit will be 0.6760 Buy...
Every day that passes so tension and curiosity grow. the right strategy until the price does not break support or resistance is selling when price approaches the 1.14-1.15 price range, Buy when the price approaches the 1.13-1.1380 price range, At the moment the price of the euro-dollar is approaching the price range of buying then our recommendation is to buy ,...
We have graphed up a technical model of Head And Shoulders Pattern! What Is A Head And Shoulders Pattern? "is a chart formation that resembles a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend...
We divided the graph into two parts-A, B, Part A It can be seen that for a long time this price ranged from 1277-1296 Until the breakthrough of resistance came And as you know it usually causes sharp rises Then in part B we can see the new situation the previous resistance has become support In addition, the trend is still an upward trend and we always try to be...
We are currently on very serious and important resistance that will determine the direction of the DAX for the coming days, According to Ichimoku indicator we are still in a downward trend, despite recent increases! And we are also on the resistance of the Fibonacci retracement (23.6) Which means continue to move in the original direction. For all the reasons are...
Since we are starting a new month we will analyze M1- I added the graph above Fibonacci retracement ( is based on the idea that markets will retrace a predictable portion of a move) To try to understand the target (Take Profit) The reasons we prefer to recommend a buy position are for several reasons: 1.we had a Doji candle which usually after falls indicates a...
As we can see the currency did a classic Double Top (double top is a chart pattern, characterized by two consecutive peaks in price, that signals a potential bearish reversal of an uptrend.) in a Monthly period! Today is the last day of the month so it is true to say theoretically that we also have confirmation of the Double Top! Sell USD/CAD Entry Price:...
As you can see in the graph above the EUR/USD Is on the rise for several days and is very close a serious and important resistance-In the coming days the picture will become clear to us until then we recommend staying with the trend and buying EUR/USD Entry Price: 1.1480 Stop Loss: 1.1420 Take Profit: 1.1560
As you can see in the graph above in the last three times of Fed meetings The market dropped, Today there will also be a meeting of the Fed so we recommend opening a sell position and continuing the trend of meetings, The second (sell) reason is the line of resistance of (Ichimoku Indicator) Senkou Span sell S&P 500 Entry Price: 2655 Stop Loss: 2703 Take Profit: 2400
Our recommendation for Bitcoin is to sell for several reasons: 1.As you can see in the chart above, the price is below the Ichimoku cloud that means we're in a downtrend and it's better to trade with the trend 2.We see very interesting support that has been supported twice in the past and has survived So we believe the price will want to go and test this support...
As you can see in the graph above we are in a bearish channel almost 4 months and the price just touching resistance! The second reason to sell is the big resistance on W1 Kijun Sen (Ichimoku indicator) Sell NASDAQ Entry Price: 6685 Stop Loss: 6800 Take Profit: 6332
The graphic model created here is Double Top( A double top is a chart pattern, characterized by two consecutive peaks in price) that signals a potential bearish ! Entry Price: 125.24 Stop Loss: 125.45 Take Profit: 124.70
As can be seen in the graph above, (A-Time Period) during this period we were in a distinct upward trend-3 years. (B-Time Period) The market remained stable and ranged from 0.8640 to 0.92 And now we are at the bottom of the price and that's why we'll take advantage of it and recommend a buy signal Entry Price: 0.8690 Stop Loss: 0.8600 Take Profit: 0.8850
As you can see in the graph above We are currently on Double Bottom( A double bottom pattern is a technical analysis charting pattern that describes a change in trend and a momentum reversal from prior leading price action) we still do not have a confirmation of this double bottom But it seemed promising! Buy AUDUSD Entry price:0.7170 Stop Loss: 0.6990 Take Profit: 0.7350