As shown on the chart, CHFJPY has broken out of a bullish triangle on the Monthly chart, signalling a lot of bullish momentum for next year. It seems like the return of the safe heavens have given the CHF the strength to break free from the JPY oppression. CHF is now threatening with reaching historic heights on the years to come. I recommend buying the dips at key levels.
As shown on the chart. The Cable has gained some strength after a heavy beating coming from Brexit pessimism. We're looking at a retracement that might test previous levels before we fall into heavy selling pressure again.
Silver has finally broken out of consolidation and it's showing strength just like other metals, such as gold. On this Idea I'm updating our previous idea and I'm also upgrading the previous long idea which has now touched our Take profit and could be achieved as a successful trade. To complete the structure we need a pullback to lower prices, most likely to the...
As shown on the chart, GBPCHF its a sell. We could use as our confirmation: 1 - the raising wedge which has broken to the down side 2 - the amount of resistance met at the resistance levels 3 - the amount of bearish volume found. We expect another drop here before any serious reversal on the GBP. The gbp might remain on a downtrend until we hear about the...
As shown on the chart, EURAUD has broken out of an structure. We find ourselves with a short opportunity to capitalise on the mid-long term.
3 point extension pattern formed on the 1D chart. Find an entry for a long on the 4H chart.
We're now looking at a potential H&S pattern on the Daily chart. Event though the latest candles are very bearish, bullish volumes remain on the spot. We expect a pullback to retest 1.11104. Once we retests the previously broken price, we can look at shorting upon bearish signal below 1.11104. The likelihood of a H&S pattern forming here it's high based on the...
Even though the story of this crypto currency is short, the BAT or Basic Attention Token came to stay in the game. You might be asking yourself. What makes this currency so special? Well let me explain it to you. According to professional reports: Very recently, there has been news that basic attention token (BAT) has teamed up with TAP Network, Starbucks,...
Bitcoin seems to be coming out of deep waters after a deep swim. Daily chart looks bullish with a falling wedge and strong support.
USDMXN 1h Long Pennant with bullish intentions formed and broken. We expect a bullish momentum from here.
GBPNZD 1H short as shown. Rising wedge on the 1h and 4H chart, Ideal for a scalp
XAGUSD has broken out of a triangle Long.
Entry above - 1379.55 TP - 1483.67 SL - Below the support Resistance has been broken, retracement has been done. now we're expecting a push to the north side.
CHFJPY 1H we've reached a very strong resistance. The most distinctive pattern we can see is a broken raising wedge, indicating that this might be the beginning of a downtrend.
EURUSD has broken out of the channel up on the 4H chart, we expect bears to take over once the next 4H candle emerge.