USDCAD is Trading in the Descending Channel Pattern. Within Descending Channel Pattern, it was trading in a rising wedge and given a downside breakout, as shown in the chart. According to chart pattern analysis, we might see more downside towards the support level. Short side trade can be initiated with proper risk management and stop loss, as USDCAD may trade in...
Here on the Euro Index we have a 222 pattern that formed. what i like to see is that this pattern lines up with the COT report that was released Monday due to July 4th (United States Birthday :D 'merica) being observed on July 3rd. in the circles we have three potential bearish star patterns printing on the PRZ which is a resistance level. depending on how today...
Pre-earnings (which I think will be bad, next week) will anifest a permanence of job loss, not good for any SPX bulls. I think that the dollar will go up to 103 for 14. Keeping in mind that this correlation's z-score approached -1.0, we're seeing a divergence pushing the correlations back towards 0 (uncorrelation).
Hi friends the daily graph of this market shows that it will experience a bearish trend in the coming days but we must take into consideration the change in the direction of the market towards the opposite please subscribe to receive new analyzes
Hi friends the daily graph of this market shows that it will experience an upward trend in the coming days but we must take into consideration the change in the direction of the market towards the opposite please subscribe to receive new analyzes
All content have only educational and informational purposes, and never should use it as financial advice
Top 3 SPX stocks: $4.58t; bottom 300 stocks $4.19t Top 5 SPX stocks: $6.5t, bottom 350 stocks; $5.74t Top 15 SPX stocks: $9.46t, bottom 420 stocks; $9.48t
EURGBP sell stop 0.89826 SL 0.90535 TP 0.88411 R= 70.9 pips If price reaches 0.89116, move SL to 0.89685
Downside 1.11 (institutional) with 1.13 as accumulation price zones for institutions to fill short and earn financing turn on the way down.
Price action and structure analysis. Thoughts/potential scenarios/trading plan explained.
EURUSD is practically neutral on the 4H chart (RSI = 56.255, MACD = 0.002, ADX = 37.881) as it is stuck within a Cup and Handle (blue) and Ascending Triangle (red) pattern. Technically both provide a solid short-term framework for sideways trading within their trend-lines. In our opinion however the 4H MA200 is the deciding factor for the longer-term trend as it...
TP 0.886 SL 0.90671 Do your own TA but this is what I’ve come up with! Good luck!
Hi friends The daily chart of this market shows with a high probability that it will experience a bullish trend but at the same time we must be vigilant of the change of the direction of the market.
Hi friends The daily graph of this market shows with a high probability that it will experience a bearish trend but it is not necessary to enter the seller if the market does not break the level of 73.34 Down at the same time you must be vigilant of the change in the sense of the market FOLLOW ME FOR MORE ANALYSIS
Double top formation with lower high on EURCAD. the price has just violated its minor support with 4h/1h candle close below. now the price may drop lower. I am planning to short the pair on retest. target levels: 1.52725 1.52365
Hi friends The daily graph of this market shows with a high probability that it will experience a downtrend but at the same time we must be vigilant of the change in the direction of the market.