EURCAD i am looking ofr one more drive to the upside in the region of the yellow liquidity box and then a sell off of a minimum of 50 pips. The yellow box is where many banks and hedge funds place large selling orders and we are looking to get in with them. We also could have a potential triple top off the 1.50500 region.
Double top formed, and price is resisting the area marked orange. I do believe there will be one more bounce at the bottom of the trend line so take profit could be set lower.
Keep it simple and be one step ahead.
I am new to trading and recently started to publish my analysis. Any advice or feedback is welcome via comments or in the chat. Looking for opportunities to learn new information & techniques.
I have done some analysis on the GBP/CAD . The analysis has been done on the 1 hour candlestick chart with the trendline being drawn on the 4hr and I will be keeping an...
Here you can see my ENTRY of the pair : NZD/USD
We can see the BOW where we can change the downtrend. We can make 70 PIPS with this trade. Take your STOP LOSS very close, so you have no RISK of a change.
Still awaiting a fall downwards then hitting resistance at either of the two points waiting for a couple more candle closures to confirm... Currently looking for the dip to the 1.270 region to enter a long position over the next couple of days. Follow and listen out for more updates!
GBP/USD broke very important resistance zone and close with a strong momentum above! I will wait for pull back at my set levels and look for buying opportunity. Bear in mind that we have very big event of Brexit on Tuesday. So price can consolidate and wait for the day start to price in on the vote agaisnt Brexit. On Tuesday we should see big moves in both sides...
GBP/USD was strongly capped on dollar weakness, that's indicate that pound is not rready to go higher, brexit is playing very important role on pound moves. 14 of January is a big day for GBP pairs, I'm forcesting that May will lose on her Brexit deal and pound will fall to my lowest target.
Hey ho boys, Who's ready for a little pump to 5.3k? I sure am.
Price action is looking very similar to the July Fractal and I think we will repeat that.
This 5.3 level would hit right at the daily 50 ema which has been acting as a strong resistance over the last few months
Everyone and their dog is talking about 3k Bitcoin. Following the masses never works...
BTC on the weekly looks very weak and will be heading down towards $5250, once we hit this I do believe then could be the final push downwards and we should see a fast reversal followed buy mass movement towards the upside.