According to the structure of the chart and the beautiful pullback to upward trend line we can get a short-selling position until the green range and reaching the target. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me...
NZDCHF reached a solid key level at the beginning of December. The price formed a double top pattern on that and broke a support line of a rising channel then. I think that bears may push the pair lower. Next goal - 0.585 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️ [/b
Last week price was met with a strong reaction at 0.6500, an important level for KIWI. Last time price traded at this level was in August after which a 900 pip move to the downside followed and a bottom was later found in October around 0.5500. Since then, buyers have been in charge and have brought prices back to 0.6500. For the first time since October we have...
From the last update a week ago price was wedged between support and resistance below 1800. On Tuesday we then saw price spike to the upside triggering buy orders as well as taking out any stop losses above the zone. Price consolidated above the 1800 zone until Thursday enticing even more buyers to go long. A strong reversal then came on Thursday which saw prices...
From the last update a week ago price was approaching the end of consolidation inside the triangle. On Tuesday we then saw price 'Fake Out' to the upside triggering buy orders as well as taking out any stop losses above the triangle. Price consolidated above the zone for 2 days enticing even more buyers to go long. A sharp reversal then came on Thursday which saw...
Suitable for a swing trade, the stock created a new 52-week high, may break ATH in little time, the volume also good for uptrend continuation
NZDJPY is trading in a long-term bullish trend. Since February, however, the price is stuck on 87.0 - 88.0 structure resistance. To catch a bullish wave, wait for its breakout. We need a weekly candle close above that to confirm the violation. A bullish continuation will be expected to 91.3 level then. ❤️If you have any questions, please, ask me in the...
EURNZD is trading within a falling channel on a daily time frame. For the last 2 weeks, the pair is consolidating, though. The price formed a descending triangle formation - a bearish accumulation pattern. To catch a bearish continuation, wait for a bearish breakout of 1.673 - 1.679 horizontal support. After a daily candle close below that, a bearish...
GBPUSD H8 - Dollar bullish means we are generally seeing the YEN offload and vice versa. We are still technically in the bull trend here on cable on the H4 and H8. We have pinned into 1.20 which is a psychological price, and yet to see anything major on a pullback front, so that does concern me. Similar outlook on gold, we seem to be exhausting
GBPUSD is trading in a global bearish trend. The price perfectly respects the boundaries of an expanding falling wedge pattern on a weekly. Reaching its support, the pair started a correctional movement. The market is already growing for more than a month. Ahead is the resistance of the wedge. Depending on the reaction of the price to that, I see 2 potential...
Stock is looking good on most of the timeframes. On the hourly chart, it is consolidating above the previous resistance, which is now working as support i.e 818-820. Sustaining the support, the stock can probably move towards 840 to 860 levels in the coming trading sessions.
Have you seen that bearish breakout on EURJPY? The price broke and closed below a major rising trend line on a daily. Now a bearish continuation is expected. Next supports: 144.0 / 141.4 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
There is a Big Bull Candle formation of the hourly chart, followed by consolidation in the upper half range of the candle. Daily weekly , monthly charts all looks positive. Hence, if it sustains 396-398 , in the short term it can move towards 413, 423-425 levels in no time. Type of trade : Swing
A lot of bearish clues on Dollar Index: the market violated a major rising trend line last week and broke a horizontal key level yesterday. The underlined blue zone is based on broken horizontal and vertical structures. From there, the index will most likely drop. Next support - 108. ❤️If you have any questions, please, ask me in the comment section. Please,...
Detailed analysis on USDJPY. Multiple time frame outlook. Thoughts and trading recommendations. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
USDJPY violated 25 years' high without any hesitation. Analysing the historical levels, the closest structure that I spotted is 158 - 160 area based on 30 years' high. I believe that it will be the next long-term goal for buyers. Be extremely careful trading the pair, especially shorting it. ❤️If you have any questions, please, ask me in the comment...
AUDJPY looks very bearish to me: after a strong bearish wave, the pair was consolidating within a narrow horizontal trading range on a daily. Yesterday, the price finally broke and closed below that. I believe that it will push the market to the next support. Target - 90.55 For entries, consider an occasional retest. ❤️If you have any questions, please, ask...
Hello, Here is a Trade that is based on Bank reports and fundamentals. we are looking to sell GPB/USD swing it to previous lows or just trail it.