EURUSD is trading in a strong downtrend And the pair was making a bullish correction But Euro is super weak So I think it will keep falling down To retest the support below
Expect USOIL to decrease 3874.0 units. Pin Bar formed at 85.967.
Expect ETCUSD to increase 260 units.
The ECB (European Central Bank) raised rates in July for the first time in a decade. Today they will raise rates again, and the question is whether it will be by 50 or 75bp. With the Europe likely headed for double digit inflation then the case for a hawkish 75bp hike there. And like they did in the July meeting, ECB policy makers are also likely to express...
This video is pretty much: Going over how I do not like that BTC did not come back to support on Saturday. Luna is near its strongest (relative to location) timeframe average. Which is the 4HR. Currently this is it 5.6088. Long story short: We do not want to end, not just under the 4HR 200 smma, but also close to it while being under. If we end too far, the...
GBPUSD was trading below a falling resistance But after the retest of the strong horizontal support The resistance was broken to the upside So after the pullback and retest I think the price will go up
Euro (EUR) / British Pound (GBP) short on 1-month timeframe This biased is formed on the following basis: 1 Shooting Star at New LH 2 Indication of downward price movement 3 Currently the price is testing the resistance level 4 Downtrend Continuation 5 Formation of new LL 6 Price has retraced up to 0.5 Fib however, it can still go down further up to 0.618...
We have a drop base drop on this set up. I would like to see price liquidate and take out all the highs. I will be reactive price action when it gets into either of these two zones. I will be looking for a short set up from there
We have made equal highs and equal lows. Price doesn't seem like it wants to break a new high giving us a bearish sentiment. GU has been moving the opposite for the most part so this lines up with GUs analysis
We have a beautiful reversal pattern that has formed on GU. An inverse head and shoulders to the T. We have also made a new HL and HH. I will be expecting continuation long from here.
Hey traders, Gold is currently stuck between two major structures composing a horizontal range on a daily. From one side, we have 1726 - 1736 horizontal supply area and from another, 1680 - 1689 horizontal demand area. The price is currently approaching the upper boundary of the range. To short from that with a confirmation, watch a rising trend line on 4H...
hello guys eth had formed a QM pattern at daily time frame and in upper time frame (weekly) showed as an engulfing candle so it so perfect for short position, on the other hand, this QM pattern is on flip area and flag on it, but if price break up this area (fl at flip) that i showed as a gray zone, make this crypto currency so bullish and i will update this...
TREND ANALYSIS - 1D There are two resistants that silver needs to escape. The first one has been jumped over, next TP should be around 20 - 21 USD. In case the candle is closed upper 19.5USD, second TP would be around 25 - 26 USD. CANDLE ANALYSIS - 1D 3 bullish candles => it should be a strong indicator that we may do a long position.
AUDUSD went up and is now Retesting a resistance cluster Of the falling and horizontal Resistance levels from where I am expecting a move down
EURCAD is going down now After the retest of the horizontal resistance And the pair has formed a bearish flag pattern So IF we see a bearish breakout Then a further move down is to be expected
The overall trend of GBPAUD is a Bearish Trend. You must know that the bearish trend is pretty strong with the current market condition. However, there is a counter-trend trading opportunity; a bullish bat pattern has been completed, and at this moment, it is having its retest. You can wait for a 3-bar reversal pattern before engaging the trade.
GBPUSD's key resistance on the daily chart is at 1.1759, which coincides with the 4-hourly chart bearish shark trend trading setup. This give me opportunity to expand my profit taking level. Something for you to consider.
Before we start, you have to be aware that both the Daily and 4-hourly chart is in the Bearish Trend but the 1hourly chart is in a Bullish Trend. On a mid-long term perspective, I'm waiting for a shorting opportunity, however, on the 1hourly chart you can wait for a buying opportunity. So how does this work? If a Bullish Trading Opportuntiy presents itself on...