- Price Range since March between $24760 and $31840
- $28630 Support Broken
- Fib Level Broken and retested $27735
- Possible Fib retest + Resistance Trend Line
A very warm welcome to this video which is all about the three essentials to start trading .
This is for all of you out there that may be new to trading, that haven’t got a feel for the market yet and haven’t got started and maybe you’re asking yourself ‘What is it I need to do now to get myself up and running?’ We found out of the 20,000 plus traders that we’ve...
MYEG is forming a nice HH and HL and finding support level at 0.83, however volume is still low, if next bar show better volume can potential for an upward breakout to reach 1st resistance level at 0.91 and 2nd resistance level at 0.96.
Short trade setup building on US30 Analysis using Price action:
On chart we can see multiple descending wedges on 30m,15m. price broken Trendline of 180m wedge, the price is breaking below the Higher timeframe Channels. The overall bias is bearish as well.
Risk to Reward is 1:1
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Any and all liability for risks resulting from investment...
🔸️Ticker Symbol: EUR/USD 🔸️Timeframe: 4 Hour 🔸️3X Bull Pattern 🔸️Investment Stratey: Long
TECHNICAL ANALYSIS: EUR/USD is setting up for a nice push higher in the market. I really like how the price action has just recently made a higher low showing bullish momentum. You can also tell on the bottom dashboard that we now have a green key EMA crossover while our...
Bitcoin dumped. What to do now?
I have mentioned it multiple times – the next bull run will be triggered by a new giant downtrend for DXY. But FED increasing the rates is not in our favor… so let’s see the supports below us:
2022 bottom – everyone screamed for bullish December 2021, but we had a red December followed by a small crash in January 2022, causing...
Currently Ethereum doesn't look too good from a TA perspective vs Bitcoin. On the 1D chart, we can see the red diamond on the RSVP Extractor called the drop, then the yellow shaded areas (oversold on RSI) called the bounce. Although there are 3 resistance points.
The first is a trendline resistance around $3,600. The next is the immediate trendline resistance at...
Sharing the last trade I've taken of the week before I log of for the weekend.
Trade in progress on our EURJPY H1 strategy.
Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when...
Looking at the 1hr chart for BTC /Binance, we can see that our Whales Buy-Sell indicator and Volume Extractor indicator called the top perfectly with 3 red diamonds and a Sell signal! We can see that Bitcoin couldn't hold above our support at $56,440 and went to retest the Daily diagonal support of $56,100. Unfortunately it fell through that diagonal support down...
Morning Traders
Working the H1 chart on the CADJPY pair here and after a successful long trade a sell signal has presented at 10 am UK time.
I know enter the sell and follow the trend until next signal. That is how I work this strategy but you can adapt the strategy for to your own needs and for example if you worked to a take profit target you could of choose...
Policymakers in emerging markets frequently complain that foreign capital is fickle. But foreign capital could be forgiven for having a similar gripe about emerging markets. On a conference call on May 6th Turkey’s finance minister, Berat Albayrak, was solicitous and reassuring, telling nervous overseas investors that the country’s dollar reserves were adequate...
EURUSD faces risk of further move higher following its sharp rally on Monday. Resistance stands at the 1.0950 where a break will turn risk towards the 1.1000 level. A breach of here will target the 1.1050 level. Further up, resistance stands at the 1.1100. Conversely, on the downside, support comes in at 1.0850 level with a violation opening the door for further...
Outlook in USD/CAD remains unchanged. Corrective patterns from 1.4667 could still extend with another decline through 1.3850 support. But downside should be contained by 61.8% retracement of 1.3202 to 1.4667 at 1.3762 to bring rebound. On the upside, the break of 1.4140 resistance will indicate the completion of the correction. Intraday bias will be turned back to...
