We are looking for price to make a lovely bearish run down to our support zone ( green box ) After price hitting 4H resistance today we had a spike through this level and then 2 bearish candles following, this indicates that bears couldn't push through resistance so it is on its way down now. You could get 60+ pips from this trade, then you can use 2 of them pips...
We are going short on this trade ( if you hadn't gathered that by the title ) after a bounce of a well respected resistance level in the weekly, daily and 4H timeframes. NFP is today so whatever you trade the trade carefully and reduce risks by moving SL into profit where possible.
Price is currently at a very strong monthly, weekly, daily and 4H support so we can only see bullish movement from here, This will give you a free 60 pips and will start your weekend off to a flier so you can use the money to p#ss up the wall or spend it on your secret fancy women to stop her running and telling your partner ;p.... Apex FX saving relationship +...
Oil has broke 2 key support levels today and shows no sign of slowing down, we are on a slight pullback at the moment and price has already touched our resistance level ( purple line ) we can see a retest of this level again before price makes further bearish movement and hits our next key level that has been used as previous strong resistance. You can enter this...
We are looking at price making a move into our resistance area ( green zone ) As you can see it has been used as strong resistance before and we have some high impact CAD and USD news due out this week which could push price into this zone sooner rather than later, because as you should know if you trade oil that oil has a negative correlation with USD CAD so When...
This pairing is in an interesting place at the moment because it is reaching weekly highs it hasn't seen since August 2010... 9 years, price is currently 100 pips away from this level so we could see a bullish run up to it. Another possible outcome is the 1 we have drawn on the chart, price could come back down to retest this trend line that has formed and make a...
We can see 3 key levels on this pairing which took me seconds to spot on opening this chart. The top resistance level you can see was hit many times exactly 1 year ago in March/April 2018 and look where price is currently at, it touched this level with a massive bullish candle which was followed by 2 days of bearish movement, this is no coincidence its where the...
At the moment we price is currently in a strong support and resistance zone ( green box ) In the trading week ahead we will be looking at 2 possibilities. 1. Price breaks out in a bullish manor and makes a run up to our 1st TP zone 146.800 ( 270 pips ) which is previous resistance with the possibility of making further bullish movement and reaching our next TP...
We have marked out obvious support and resistance levels on our chart and below are the things we are looking for this coming week, here we have 2 possible outcomes. 1. Price will continue last weeks bullish run and reach resistance level 1295.024 now if the bulls continue to be strong this level could be smashed and price could eventually reach resistance of...
At the moment we price is currently in a strong support and resistance zone ( green box ) In the trading week ahead we will be looking at 2 possibilities. 1. Price breaks out in a bullish manor and makes a run up to our 1st TP zone 146.800 ( 270 pips ) which is previous resistance with the possibility of making further bullish movement and reaching our next TP...
Break or bounce? As you can see we have a strong support zone that has been used many times before where candles have entered this zone and then bounced, now we are looking for more of the same again as price is currently in this zone, so a bounce and bullish movement. The only thing to be wary about with this bounce is all the bearish movement going down into...
Gold normally melts at a temperature of 1,064 degrees Celsius... it must be that hot in the charts ;p because gold seems to be going too HELL at the moment with no real signs of it slowing down and no real support points can be seen, Technicals have just flown out the window with gold at the moment. So we remain bearish bias at the moment and have been holding...
This pairing has been stuck in this 40pip range for almost a week now with bears and bulls not taking control, So we are just sitting on the side-lines to see who wins this battle before we jump in and take the trade. A breakout of this zone could cause price to move considerably in the direction of the breakout, so if you are patient and wait for the break and...
Price is currently at strong resistance ( even an idiot can see that ) So we are looking for the bounce off this level and a bearish run down to our support zone. Today has seen bulls run off to the moon, so we are looking for the bears to take over at this strong technical level and bring price back down to earth, you should be able to grab yourself around 80...
With so much bearish pressure last week price has come to a standstill and is just ranging, Bears are also failing to push price below our support zone ( green box ) So we are waiting to see what price does, if price breaks to the downside we will see further bearish momentum, but if the bears are exhausted this could mean bulls are ready to take over and we could...
We can see a strong level that has previously been used as support and now price has broke through this level the bulls are struggling to push price back above this level and it is been used as resistance . You can also see that price is in a downtrend and has been for a few weeks, price has touched our trend line a number of times on its way down and we expect...
After the big bullish run on 2nd April price has failed to break our resistance zone ( red box ) And price is just moving sideways with no bullish or bearish momentum. We feel like price is gearing up to explode to the upside and have another bullish run, we can see that recently price has been following a trend line up to our zone and we feel like it will break...
Golds technical are all over the place with not much making sense at the minute so we have tried to simplify it as much as possible. You can see we have a support and resistance zone marked out on the chart, we can see further bearish movement pushing price into this zone. Price hitting this zone will correlate with price hitting all time highs on US30 which will...