shorts

Hello Traders! Markets are about to open and I am about to present my final piece of analysis for the weekend, Here we have GBP/USD, as we can see there is a strong descending channel which has held for over a 16 months, with this in mind I think that we could see a short position play out and a move to the downside could come in the next day or so. My...

USDCAD remains bearish . You can see that the market one more time has respected a falling resistance of the channel. Our bias is bearish and our next mid-term target is 1.3 structure support level. Strong selloff that we saw on Friday will most likely trigger more selling volumes and after a small pullback, selling...

poitential short scout

USDCHF

Gold is still very much in an uptrend and therefore it is possible for a further press to the upside. We can now see that gold is forming a potential descending channel made up of lower lows and lower highs signalling a potential downside. Technical factors to consider: - Lower highs and lower lows - RSI decreasing in strength Fundamental factors to consider: -...

hey traders, I was paying close attention to GBPNZD these last two weeks. The reason is that the pair has recently approached a 2019's high and was strongly rejected. Sellers have been pushing the market to the support line of a rising channel and we see the complete reluctance of buyers to open long trades on dip, so the...

EURUSD is still trading within a horizontal trading range and the sentiment is unclear. the market may brake in both sides, but I will trade only in case of a bearish breakout. Target levels remain unchanged: 1.094 and 1.090 be patient and let the market chose its direction first :)

t.me join me on telegram!

I started a group again lol link --> t.me

this is the update for my previous trading plan on EURGBP . The lower boundary of a flag has been adjusted. After multiple attempts to break above the 0.892 level the market is still standing below the identified resistance. My bias remains bearish and I am waiting for a bearish violation of a flag. Targets have been also...

same patter noticed before drop , short short

short this mothertruckerrrrr see this potienally dropping to 1440 no hope for gold gold will fold

EURGBP

A.M.E Trend Continuation indicator alerted of a nice short entry on USOIL 8H. Trade as shown on chart. Happy Trading.

t.me highlighted all potential resistance areas, join my chat and i'll update you on my moves!

Price is approaching 618 fib level. Other confluences lie in that area. Will be looking for a short term sell back to the double bottom region.

USDJPY

very peculiar trading setup on USDCAD. on 4H the market has recently touched a falling resistance of a descending triangle and we see a row of multiple rejections. on 1H we see a double top formation and for confirmation, we only need to wait for a bearish violation of minor support beneath it to short the pair. T1 -...