Daily is currently at a minor support level so we can see some relief to the green line. Double Bottom and then a break of the V Point on the 60 can provide a decent opportunity between the zones drawn in. 60 in itself isnt too convincing but you can use it as an entry for higher time frame perspective.
usdjpy is currently consolidating on a key support level 108.5.
on a daily this horizontal support matches perfectly with rising support of a parallel channel .
on 4H the pair has formed a descending triangle formation.
to identify a further market direction be focused on an occasional breakout of a...
This week EURGBP has broken below the current year's low.
Bearish pressure is obviously prevailing and looks like the market is going even lower.
our next support can be easily noticed on a weekly t.f:
0.83 - 0.84 is our next demand zone from where we will expect a pullback.
as always, never trade without confirmation and...
CHFJPY has reached a strong resistance level on 4H/
formation of a double top pattern and rsi divergence leave us a clue that bulls are exhausted.
bets are high that we see a strong bearish reaction from the underlined resistance.
our confirmation will be a bearish violation of minor support on 1H.
Wait and sell the...
ETH / BTC trading idea for a better understanding of the work from a situation with maximum profit and minimum risk. I don’t know how else you can show and chew everything in detail ... I showed the areas for observation and the pivot point on the chart.
ETH / BTC An upward triangle ( bullish ) is forming. The potential for the full development of the goals of...
EURGBP is finally entering a strong demand zone .
There is a high chance to see a strong bullish impulse from the underlined area.
I will not trade aggressively and I will wait for a bullish breakout of the falling wedge pattern on 4H chart for confirmation.
Target levels will be 0.864 and 0.872
For now, the pair is in complete indecision!
The side of the breakout of the horizontal range will show us further market direction.
I will be focused on a bearish breakout to short the market and catch a pullback!
My target levels will be
we caught very nice profit on gold this week following my trading plan.
yesterday the market has broken and closed above a key structure resistance
and I believe that bulls will push the market even further!
Next target levels are
1492 and 1508
In my view, AUDNZD will be bearish the following days.
The market has recently reached a major trendline and we see a clear rejection + dodji formations.
+ note RSI divergence
I think that the pair will drop at least to 1.07 & 1.06 stucture levels.
Buy Vodafone (VOD.L)
Vodafone Group Plc is a telecommunications company. The Company's business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific.
Market Cap: £43Billion
I am reiterating my bullish view on Vodafone today. The shares have found support at the lower end of the bullish channel. The momentum overall still...
trade is flying, we told you the double bottom was coming way before it did, we also gave you the spot to get in now you will be swimming in profits.
All our members are benefiting from this trade right now as we await our next move - again our members know what we think.
What do you think is going to going to happen?
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USDJPY Remains bullish .
I believe that buyers will go even higher and our first pivot point is 110.0 level.
This level combines a horizontal resistance and a rising trendline .
Look for a reversal formation within the underlined area to short the market.
Target levels are: 109.5 / 109.0