Silver, like its sister Gold, is bullish for the moment as long as it trades inside the channel (yellow). Goal is around 18.200 area. Happy trading everyone!
Because it's still contained inside a bullish channel (red), we are expecting for the price to go up. It might target the 1270 area, which is the 100% equivalent of the previous uptrend. If in the event it will break outside the parallel line, the price may automatically go down. Happy trading everyone!
uk.tradingview.com Our outlook for EURUSD in the bigger picture is cautiously bearish. The pair seems to have traced or is tracing out what seems to be a large A-B-C pattern with the final leg of wave C still unfolding as shown above. However we are attentive to the clear bullish divergence on Weekly MACD as shown in chart above (red lines).
Harmonic Elliott and we're watching friends Good luck :)
Hey you there. We are in a winning which we previously closed. High probabilities to long positions. Take care!
This is just an idea. Trade your setups... Have a nice day :D
Price has pulled back from All-Time Highs to test the 38.2% Fibonacci level, almost to the pip. With price closing right at resistance, a breakout is imminent. If price breaks out higher, I will be looking to get long on a successful retest of the breakout area.
A little scalping bat formation 15 minutes idea
A bounce from 0.9850, retracing 61.8%, is a good one. We just have to keep an eye that price countinues to make lower lows. Happy trading everyone!
Previously, we anticipated this pair as bullish towards 0.7550 area. Price did hit the 0.7600+. The current movement suggests that AUDUSD is correcting and may or may not revisit 0.7450 before bulls reign once again. Happy trading everyone!
As with last week's analysis, we are still waiting whether oil price would retrace back to 49-50 area before soaring. Happy trading everyone!
Good evening traders! Here comes another analasys of mine Enjoy. Who is in charge? That is a very intresting Question that allot of people are asking themselfs right now.. and this is because the sellers are actually in charge if you look att price action from the top left of the screen to were we are now. and because we are looking bearish right now alot of...
Price has generally been consolidating and recently broke out to new highs, before falling back into the range. Support around the $54.60 - $55 dollar range is holding. This area looks reasonably strong, and has confluence with the 61.8% Fibonacci level. With an inside bar forming at support, a breakout trade is on the cards. As we are still in an uptrend, I am...