Be careful on EURUSD. As you can see, the price is testing the Monthly resistance. (purple rectangle). We can expect a rejection. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Plotted fib retracement connecting the lows of 2008 and 2020 highs to derive long term supports of NIFTY50 Prices holds the 8550 Fib support in Feb 2020 and also in march 2020, though these levels were breached on weekly and daily charts, but monthly closing comes above 8550 levels any monthly closing below this level can lead to severe fall in the index and the...
Yearly supports on the monthly chart showing test to 3800 range, and 2700 would be next from how it looks to me. It's an interesting range that hasn't been tested yet. Overall, long on BTC. Near future is unpredictable based on the black swan event of the covid-19 pandemic, global economic crisis and halving to take place in May 2020.
An interesting Monthly chart of EURJPY
AUDUSD has just entered a level it hasn’t tested since 2008! A huge move to the upside will come as long as this level holds. This is a strong BUY set up. The 15min chart just showed signs of high volume & decending wedge Roth into the level. Price may bounce off & go back into the level before it springs to new Daily highs. If you haven’t made any money all...
BUY old rom ere its montly resistance 1 line of Pivot point. Take Profit at 1567.
This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Good Luck!!!!!!!!!!!
The price is near a monthly high, looking to take at least 100 pip TP for short on this.
Hello Viewers, this is an instant trade signal! Therefore, please have a look at the main chart for the following vital trade details: • ENTRY POINT • STOP LOSS • TAKE PROFIT • RISK TO REWARD The setup may look simple but I can assure you it is NOT. There are various in depth technical and fundamental analysis incorporated behind the execution. I would very much...
18/11/2019 AudUsd Rate : Newly Formed Support Level is allocated at 0.6766 With a view that Pricing Structure will form Higher from this Level. Expected Targets Higher include 0.0717 & 0.7154 As always stop-loss placement is allocated just below the Support Level mentioned at 0.6766 This will consist of the Last Market Call against this Rate AudUsd Pair - I...
EurUsd Rate at Spot Price 1.1060 the Rate is best advise as Waiting to See pending further Outcome. I would apply my Pricing Range towards the Lower End of the Chart - But this is Forex Market so best to wait for A Confirmed Breakout to either of the Price Range Channels so Up or Down still remains the Present Formula for the now and immediate Future.
Hey everyone! Wanted to post an update on DXY after 7 months since my last update. Not much changed since then, I'll attach the chart from March. Plenty of momentum left as we slowly climb towards 103-104 mark. *Note that precious metals might strengthen with dollar at the same time.. It's abnormal - tide is shifting and flood could come soon...
16/10/2019 Cable Update Current High Mark 1.2950 with over bought valve added-in taking the Present Rate to 1.2990 at Resistance Level & New Term High I consider that this is where the Reversal Bar will come into play whilst Nearest or Next Target applied level will be Lower and is set at 61% Retrace Lower towards 1.2379 at Support Level So go for it - its Cash...
GbpUsd Rate at 1.2700 High looks like trending slightly lower at the moment - I advise a set target at 1.2450 Support Level with A view towards the Rate gaining Uptrend Monument towards A Close bar Rate at 1.2950 - the Comment may have been added twice purely not intentional.
Month end, perhaps price will wick up 9000-9720 for the close, bouncing back down off an MA or fib. If it dips there isn't much to bounce up from for a while except awaiting long orders. TP 7600 for short, if this happens I will look to short a bounce unless price looks set to break 10k Either way I wouldn't enter here, short 8500-8900 or long 7800 and below
Hi everybody. Here's simple and super clear chart of XRP price action. Break of 0.26$ would open a way for 0.165-0.20 range. Keep in mind that reaching 0.18$ would repeat historical % drop from the top. Also interesting point: Etherium and Bitcoin did retrace by historical percentages already and IMO not going lower than 2018 bottoms, while XRP is lagging behind...
After Bitcoin finally decided to go for the green scenario and broke down, it is just now hitting the first bigger support. It´s a combination of the Monthly Pivot & a Channel-Support, also Bitcoin is quite oversold. Watch the levels, shorters might want to think about securing their positions nicely, two ways to go from here and don´t forget not letting winning...
Gold broke important 1420$ level on monthly chart. If XAU/USD can sustain the gains and even close above 1500$ in August, then we might have couple of months in 1530-1500 range with possible spikes to 1579$. We are literally sitting and that crucial 1495-1500$ zone on weekly, which I believe is bullish. Failure to close above 1500$ on monthly would signal a...