Price is consolidating between 100-ema and 200-ema! Perfect entry in my opinion is here only for upside levels! Long in it!
Update for NZDJPY. The price formed an ascending triangle formation on a 4h time frame. To buy with a confirmation, wait for a bullish breakout of 0.8707 - a neckline of a triangle. 4H candle close above that will confirm a violation. A bullish continuation will be expected to 0.8746 / 0.877 ❤️Please, support my work with like, thank you!❤️
USDCHF broke and closed above a major falling trend line on a daily. It is a very important sign of strength of the buyers. Probabilities will be high that the market will keep growing. Next resistance - 0.89 ❤️Please, support my work with like, thank you!❤️
AUDCHF is trading in a long term bearish trend. After setting a new lower low, the market is correcting within an expanding wedge pattern. Ahead, I see a significant supply cluster based on a major falling trend line and a horizontal resistance. The next trend-following wave may initiate from that. Your bearish confirmation will be a bearish breakout of the...
NZDJPY is trading in a long term bullish trend. After setting a new high, the market retraced to a major rising trend line. The price formed a cup and handle pattern, bounced, violated a resistance line of a falling wedge pattern and closed above a horizontal neckline. Feels like, bullish trend will continue. Goals: 87.77 / 88.28 ❤️Please, support my work...
EURJPY is currently trading within a narrow horizontal range on a daily. Depending on the side of a breakout, I see 2 potential scenarios. Bullish Scenario If the price breaks and closes above 159.5 resistance on a daliy, I will expect a bullish movement at least to 160.5 level. Bearish Scenario If the market violates 157.4 support and closes below that, a...
EURUSD is currently trading between 2 solid key levels. Depending on the reaction of the price to these structures, I see 2 potential scenarios next week. IF the price breaks and closes above 1.094, I will expect a bullish movement at least to 1.101. IF the price violates 1.083 support and closes below that, a bearish continuation will be anticipated to...
Dollar Index in consolidating within a horizontal trading range on a daily. Depending on the reaction of the price to its boundaries, I see 2 potential scenarios. Bullish Scenario If the price breaks and closes above 102.85 resistance on a daily, I will expect a bullish continuation to 103.3 area. Bearish Scenarios If the price breaks and closes below 101.35...
CHFJPY is trading a long-term bullish trend. After the price set a new high in July, it started a correctional movement. A cup & handle pattern was formed. CPI report was a trigger for the buyers to violate the neckline of the pattern. Daily candle closed above that. It signifies that bullish trend will continue. The market will most likely keep growing. Next...
EURCAD is trading in a bullish trend. After the price set a new high in July, the market started a correctional movement. The price perfectly respected 1.45 support. A strong bullish wave initiated from that and the market managed to violate a local horizontal resistance. It will most likely trigger a further bullish continuation. Next goal - 1.4835 ...
AUDCAD is trading in a bearish trend. The price broke and closed below a key daily structure support yesterday. The broken structure turned into a strong resistance. I expect a further decline. Goal: 0.8665 ❤️Please, support my work with like, thank you!❤️
USDCAD is forming an ascending triangle formation on a daily. 1.3224 - 1.3244 is its horizontal neckline. If the price breaks and closes above that on a daily, it will be a strong bullish signal. A bullish continuation will be expected at least to 1.335 then. ❤️Please, support my work with like, thank you!❤️
EURJPY is trading in a long-term bullish trend. After the price reached a 158 level, the market retraced to a rising trend line. The market is approaching the highs again now. Bullish breakout of the underlined blue area and a daily candle close above that will be a strong trend-following signal. A bullish continuation will be expected to 160 level...
ABSLAMC Cmp- 400 Stop- 369 T1- 823 T2- Open, Review at T1 Expected Holding Period- 6 Months or earlier View- Swing/Investment
EURJPY is trading in a long-term bullish trend. After it reached 158 level, the market started a correctional movement. The price retraced to a rising trend line and bounced from that. The market is retesting the current high now. If the price breaks and closes above that on a daily, it will trigger a trend-following movement. A bullish continuation will be...
AUDCHF broke and closed below a major horizontal demand zone on a daily. The broken structure turned into a resistance. The market will most likely keep falling. Next support - 0.575 For entries, consider an occasional retest of a broken structure. ❤️Please, support my work with like, thank you!❤️
Short Term Trading Advice by Goodluck Capital Buy Refex Industries (NSE:REFEX) Buy Range- 615 - 630 Target- 730 - 750 StopLoss- below 550 Potential Return- 17-20% Approx trade duration 18 - 20 days
After a bullish accumulation, EURCAD broke and closed above a wide horizontal supply cluster on a daily. The broken structure turned into a demand zone. I believe that the pair will go higher. Next resistance - 1.463 For entries, consider the occasional retest of a broken structure. ❤️Please, support my work with like, thank you!❤️