EURAUD has reached a strong structure resistance .
based on the rejection and rsi divergence the chances that the pair will drop are quite high.
I am waiting for a bearish breakout of minor support on 1H as a trigger to short the pair.
Initial target - 1.63
Second target - 1.622
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if you follow NZDUSD for quite a while you definitely noticed a clear weakness of new zealand dollar against usd.
from the current perspective, the retest of the year's low looks inevitable.
if you are looking for a long opportunity, I believe that the best option for you is to wait for a test of the 2019's low.
the...
On the trading instrument XRP / USD. The tool is liquid, predictable and with a high percentage of earnings .
There is a breakthrough in a very important resistance zone . May be a fracture of the main trend.
Also depicted in advance important areas, if the price can not gain a foothold above resistance.
The coin is now located at an important zone - the...
Pound dollar has closed this week on a very important decision level.
we see a dodji formation just perfectly on the retest of the recently broken rising trendline .
I tried to short the pair on Friday buy closed my trade on breakeven not being satisfied with the reaction of bears.
for next week we have two potential...
Good entry point for GBPUSD as signals on the left indicate.Will go out once stochastic RSI reaches overbought area
If ema lines dont cross each other to the upside signal wont be valid anymore .
Blue - 4 ema
Yellow -14ema
Red - 50ema
From our analysis at last the EUR has found a point and slammed the brakes on hard. The Stoch.OSC and RSI are both almost flat lining on the bottom and screaming to go long Bullish. We don't anticipate a full climb back up but to the top of the above trend channel
Everybody is interested to find out where BTCUSD is going!! Well, if you only knew where it was heading you'd have an edge on the rest of the world and make loadsah money - right? Too often on Tradingview and other places - even among some so-called expert traders and trainers - I've heard the words, "I predict.... blah blah...". These are the folk who claim to...
This is an example of a scenario where a range-trader might see some points of interest, some of them are listed below:
1- This drawn resistance around 112.000 is an important one, which has not been trespassed for the past 14 months (+-);
2- As we can observe, also, with the support of the indicators (Stoch + CCI), this might be an overbought zone;
3- If we zoom...
Confirmations:
- finished bearish Sequence (red)
- lower Low, lower high
- some other Confirmation based on an other system
check out my other ideas ;D
If the weekly demand indicated holds, we can see this pair reach the previous highs as a minimum. We could also expect a break for a higher timeframe higher high to be printed.
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Next supply zone should be more significant as it is a daily supply nested within a weekly supply zone.
Expecting this pair to continue the higher time trend.
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Placing some short orders at the supply for this pair as i am expecting this to continue the bearish trend.
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Placed some sell orders for this pair. Could see either chf strength or usd weakness kick in which makes this an ideal pair for shorts.
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