Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.65000 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65000 support and resistance area. Trade safe, Joe.
KAVA looking ready after a successful re-test of the breakout Demand Zone: 0.66 - 0.70 Sell zone: $4.2 - $5 Risk/reward= SL 11%, Reward: 700%-+
Hawkish comments from the ECB support a "'moderate rise"' in the EURO. please let market do what it wants to do and risk wisely
My dear followers, I analysed this chart on USDJPY and concluded the following: The market is trading on 149.29 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 147.83 Safe Stop Loss - 149.76 About Used Indicators: A super-trend indicator is plotted on either above or...
My dear friends, Please, find my technical outlook for EURJPY below: The instrument tests an important psychological level 160.57 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 159.64 About Used Indicators: Super-trend indicator...
My dear friends, Please, find my technical outlook for USDCAD below: The price is coiling around a solid key level - 1.3526 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.3448 Safe Stop Loss - 1.3573 About Used Indicators: The...
Logarithm. Time frame 1 day. Local work. Line chart. Secondary trend. Time frame 3 days. ETC/USD Secondary trend. Downtrend channel. Pivot zones. Main trend. Time frame 1 week. ETC/USD Main trend. Channel.
Bitcoin BTC monthly trend line, monthly target is back below to support the gold trend line.
Will be Posting my Bull Analysis for Gold here until we get into another Bear Cycle. As I highlighted in previous charts from older posts, they have been Trapping Sellers hard near or at the Lower Pivot Zone, creating higher lows in the process , I am projecting (not predicting) based on the understanding of the Market Maker cycle and market structure , bullish...
Greetings all. Straight forward, I have to say that can go higher from here. At the same time, if this happens, I do not see it breaking above $46400. For my game plan, this means the following: Step 1: I already open short at $44816 Step 2: In case we move higher, I will add more in my short in two specific levels. $45350 $46400 The reason I am shorting ...
30min outlook: on the 30min time frame, price decline below the support level, which indicates bearishness in price. In other to strengthen our belief that the price is on a bearish market, i will like to see price continue to decline to 0.81734 level, which will also signal that the market is bearish.
**DAX 40 ANALYSIS** ***Structure*** The 1 hour chart is quite clear in my opinion, the bullish trend is proceeding nicely and steady, with a few drops here and there that only constitute great opportunities to go long once again. ***Liquidity*** Price has now formed the dynamic liquidity trendline below the lows, it’s been a while since price has taken out some...
15min outlook: on the 15min time frame, price decline below the support level, which indicates bearishness in price. In other to strengthen our belief that the price is on a bearish market, i will like to see price continue to decline to 1.65330 level, which will also signal that the market is bearish.
**GBP/USD ANALYSIS** ***Structure*** Price was stuck in a consolidation area for quite sometime, a couple of days ago, it broke the area to the downside with an impulsive movement, generally this is to be considered a bearish scenario, where a new downward structure is created once the lows are broken, and I would agree with that! But we are missing an essential...
Hello,Friends! NZD/CHF pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 6H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.527...
Bullish on Weekly as well as Monthly TF Weekly Candle if Closes Above 28.50, it would be a Positive Sign
Hello,Friends! GBP/CHF is making a bullish rebound on the 5H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 1.094 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! The BB lower band is nearby so GBP-USD is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 1.264. ✅LIKE AND COMMENT MY IDEAS✅