Good morning traders. Interesting price development in Gold, seems like market makers are looking to take out both sides of the market prior to the end of the week. Look for move down into buying area from "trap zone" and for TP 1 and TP 2 to be met prior to end of week.
Hi, I have tried and used all tools and luckily I can say, the #tradingview has unique and #amazing tools for all traders of the world. Today I am just analyzing chart and price change i.e. momentum, and was searching a tool for price bracket, but it is unavailable in the tool bar. So what is this price bracket? I am also sharing my #banknifty 1H chart, where...
Analysis based on supply and demand points and price action
BITSTAMP:BTCUSD btc is currently down trend. after breaking out of rising wedge we had seen massive decline in price. no btc seems to be forming a falling wedge which is bullish for short terms. what i think the price will do is to retest 20600 and gets rejected so we can retest the lower of june-july. right now we can also observe bullish divergence in rsi...
In the current price action, the buyers momentum are strongly Overcoming the sellers power. Witnessing a strong bullish trend forming with the price action. This position goes long on the Euro gaining strength with the current economy crisis in the Russian - Ukrainian feud. Strengthening the Euro as Demand rises. A buy limit set at .10096 Risk Reward Ratio is...
Yesterday spx500 showed bearish movement from the resistance level. but today market shows its sideways movement to hold its uptrend and it is confusing.
These forecasts are my personal opinions, I'm not an expert, please be careful. If you like my forecasts please share them. Comment anything and I'll try to be responsive. Like and follow!
Based on historical support zones and current bullish price movement I decided to trade the market because of short term exhaustion. Please set your stop loss at your respectable daily stop loss limit. If you require more room reduce your lot size.
Hello, good day traders this is price analysis for The GER30
US Natural Gas posted a great decline on Friday at the close of the markets. I am highlighting it because it is the greatest decline among the commodities I am watching. The fall was about 3%. With demand down for energy, I foresee further fall in prices next week. This is a good time to short.
So far this week is resulting in follow through buying from the wedge reversal which set up two weeks ago. However the weekly chart has been in a tight trading range, which decreases the probability of a strong breakout without a pullback first. The wedge is likely to lead to two legs sideways to up, even if only small. The first bull target is the 1.18 double...
So I've been quite dovish about publishing ideas as I am new/green to publishing and still growing in the trading arena. I've been watching FOREXCOM:AUDCHF since June and thanks to the education I have been receiving lately, my analysis of this pair has been quite spot on, so I'm so happy I have found such good teachers and I am seeing signs of grasping the...
This is a technical analysis to note key institutional levels, not a trade recommendation. After bouncing just ahead of the 1.058 key institutional support level buying pressure is evident. Focus is now on the 1.0719 key institutional resistance level. A sustained break above it will clear upside with next key institutional resistance level at 1.0851. Only...