NCTrading

NCTrading

As we can see, the market is currently testing Fibonacci retracement to the 0.618 level. The 0.618 is also standing on a strong market structure of resistance which we can expect the market to reject in the short term. We will approach this trading opportunity by monitoring price action during the move to the upside as the market still has bullish momentum and as...

NCTrading

We will be monitoring price action during the move to the upside as the market still has bullish momentum and as soon as the market will shift from bullish to bearish and meet our trading conditions we will enter a short. This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own...

NCTrading

META is in a bearish momentum since its last top reached on August 2021, the price was heavily rejected by 40.31%. History shows that META's most significant drops range between 14.48% - 44.01%, which fits the current situation where we reject the price by 40.31%. Moreover, price just reached critical support and dropped back by price 2 years back BUT we have to...

NCTrading

The technical analysis shows that after a very strong impulse to the upside, the GBPJPY started to get rejection around the previous high reached a month ago which makes it a double top formation to support the downtrend triangle. But we have to keep in mind that this week the fundamental analysis shows: - JPY interest rate release 18/01/2022 - GBP Employment...

NCTrading

EURCHF reached a weekly and monthly major support level and retested the trendline after a strong impulse to the downside without any correction. We can expect growth from here before continuing the move to the downside or break of the bearish movement. The EUR is very weak at the moment as the covid-19 spread over Europe which weakening the euro, but since the...

NCTrading

EURCAD reached a weekly and monthly major support level and retested the trendline after a strong impulse to the downside without any correction. We can expect growth from here before continuing the move to the downside or break of the bearish movement. This post does not provide financial advice. It is for educational purposes only! You can use the information...

NCTrading

EURUSD reached a major support level after a strong impulse to the downside without any correction. We can expect growth from here before continuing the move to the downside or break of the bearish movement. This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for...

NCTrading

EURUSD reached a major support level after a strong impulse to the downside without any correction. We can expect growth from here before continuing the move to the downside or break of the bearish movement. This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for...

NCTrading

It seems like the USDCHF has a very strong support level around this and we can definitely start to look for longing opportunity around this support level. This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and...

NCTrading

We will be monitoring price action during the move to the downside as the market still has bearish momentum and as soon as the market will shift from bearish to bullish and meet our trading conditions we will enter a long. This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own...

NCTrading

FX:CHFJPY We will be monitoring price action during the move the upside as the market still has bullish momentum and as soon as the market will shift from bullish to bearish and meet our conditions we will enter a short. This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own...

NCTrading

The price reached a very strong support line and we expect a rise to 1820 before the continuation of the down-trend / up-trend. This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority....

NCTrading

We can see that the weekly TF shows overextension of buyers and the GBPJPY currency just got into a very strong support line from 2019. We expect the price to go to 200p correction (as seen with the Fibonacci) before it will be able to break through the strong RL. Please make sure you move the SL according to the profit. It's very important to have stop...

NCTrading

The price moved up aggressively during the weekly and monthly TF. We expect the price to move a little bit more and then we will analyze the situation and take short. Please make your own analysis before taking the signal.

NCTrading Updated 

We expect the chart to correct itself to the fibo and then we will have to watch out for the next step. for now, there is a good 150-200 pips short.

NCTrading Updated 

We expect a correction upwards before the continuation of the bearish. What do you think?

NCTrading Updated 

Seems like a bearish pattern, what do you think about the current situation?