EURUSD has finally broken key structure support and now the market is going lower.
I believe that the next target for sellers is 1.1 level based on the structure on the left.
If you missed short opportunity, try to sell on a pullback.
Entry from current prices, in my view, is very aggressive and risky....
yesterday EURGBP has broken a key structure support level 0.847.
Now I will expect a drop further to at least 0.84 level.
If you missed short you can sell on the occasional pullback.
proposed stop 0.852
Actualmente no está cerca de ningún kl aún así, vemos como está retesteando un triple suelo, con lo que suponemos que subirá aunque no demasiado ya que 1. tiene un HCH que actualmente acaba de retestear, 3 supplys por encima y además la tendéncia alcista, con lo que suponemos que puede subir un poco pero lo hará...
Conclusión: Después de la explosión, se está acomulando aún así durante esa acomulación podemos ver como está cerca de retestear el P3 de la tendéncia alcista, cosa que podría hacer; aunque teniendo en cuenta que se nos ha creado un HCH invertido que está siendo retesteado, si nos confirma ese retesteo puede que ya suba directo, de todas maneras, esperaremos un...
NZDCHF has reached a very important demand zone .
we have a perfect confluence of 382 retracement / horizontal support / trendline .
I am watching a bear flag formation and will wait for a bullish breakout of it to buy the market.
target levels will be
for trend followers and swing traders, the...
A pretty clean setup here on NZDUSD...
Price action moving slowly slowly to a ley support level... and all we need to break for a quick rise is the trendline which has the 13EMA (Short-term trend indicator)
We are long!
good morning traders,
this night EURUSD has retraced from the resistance of the rising channel .
now the market reached its support line giving us a perfect convergence with 618 level
and horizontal support on the left.
I believe that now the price may go up to 1.115 / 1.1165 levels.
Crude oil prices remain on the defensive on Monday, nursing losses for a sixth day in a row, as traders continue to react to de-escalation in geopolitical tensions between the United States and Iran. Amid profit taking, Brent was rejected from highs around $71, down to the $64.50 area. At the start of a new trading week, the futures are desperately trying to...
good Saturday traders!
yesterday, after I posted the analysis on chfjpy I have received a lot of questions about usdjpy .
thought, in my view, these pairs are currently very closely correlated,
let me share with you my thoughts on usdjpy .
first of all, on 4H the market has recently reached a strong horizontal resistance...
We are going long on GBPUSD based on a solid bullish continuation pattern.
These are our trade parameters. TP1 will be taken only if we see resistance at 100% of the price action move.
TP #1 - 1.30835 ( pips 44 / RR+ 44.3 )
TP #2 - 1.31080 ( pips 68 / RR+ 3.36 )
SL - 1.30185 ( pips 21 )
PATTERN: Bullish continuation pattern with price finding...
Oil prices made some upside attempts on Monday, driven higher by fears about supply disruptions amid unrest in Libya. Brent climbed to $65.70 but failed to stay elevated and slipped back to $65. On Tuesday, the futures extended losses and have encountered a local support around $64, marginally above the 200-DMA.
The recent decline was due to a massive risk...