hello traders eurgbp has formed a head and shoulders pattern on a strong resistance level . the same resistance level also happens to be the 61.8 golden fibbonacci zone if you do a fib retracement on weekly tf the daily candle also rejected that level with a inversed hammer . wait for the price to come and retest the neckline and we might see our nice setup play out.
Hello traders audnzd has reached a keylevel + a falling trendline i believe we might see a possible bearish move from there. watch for confirmations on the area double tops head and shoulders , candlesticks patterns
Hello traders as you can see in my analysis it seems like spx500 has changed from an uptrend to a down trend forming a head and shoulder a classic bearish reversal pattern . i believe the price is being influenced by the dollar monetary policy and the situation in Palestine so watch out for that . but technically speaking , the price is coming down. please...
Hello traders , on daily TF USOIL has formed a double bottom reversal pattern and broke its neckline. and also because the tension in the middle east and the current dollar economic situation we might see a bullish move from the neckline maybe back to the 93 level. trade safe !
very intense scenario going on eurgbp at the moment analysing the weekly tf looks to me like the price is bullish , the price formed a double bottom broke and retested neckline . but on lower tfs looks like something else the price formed a double top on daily and decending triangle on 1hr . the neckline of the double to in daily is also accompanied with 100...
it seems like the last daily candle on euraud closed as a hammer with a big wick on a bullish trendline. the price in the past had bullish reactions from the same trendline i believe it is very likely that will rise and set a new higher high for the trend continuation . to ride this bullish move i am waiting for confirmation on lower tf maybe on the 1h or 4h ...
EURUSD is Trading in a bearish trend . the us dollar is still strong. once the price reaches that trendline id expect a bearish continuation . as confirmation look for bearish candle stick patterns or bearish reversal patterns such as double top and head and shoulder. trade safe guys ! nfp week coming up
Hello traders , xrp formed a inverted head and shoulder indicating a possible bullish pump. confirmation is break of that yellow level .
hello traders , i hope everybody is doing well waiting for fed conference today i sat down and i started wondering could we see gold back to 1700s ? technically speaking : A ranging market is a market where the currency pair prices move back and forth between a price range of a high price level and a low-price level. The highest price level is formed with...
hello traders , silver reached a trendline , a strong bullish impulse is expected from there. its the last week of q3 trade safe
hello traders this is an update on my idea just as predicted perfectly us100 finished forming the head and shoulder , i am still very bearish bias on the us100 i am looking for sells !
just like i told you guys again and again and again . we dont miss , us30 broke the trendline and key level most likely going to keep dropping look for shorting positions next week.
Hello traders , today i took a look at EURGBP the pair looks very very bearish to me. here our your clues Weekly TF Double bottom on key level formed Broken bearish trendline Broken neckline with strong bullish candle. i believe the trend has reversed the pair is bullish now you should be looking for buying opportunities.
hey Traders , As i predicted last time gold went down from the trendline , unfortunately there was some manipulation before the news which stopped out a lot of traders. gold is still bearish technically I believe we are going to see gold on 1906-1910 again , you should be looking for shorting opportunities , remember the trend is your friend . the...
Hello traders , USDCAD looks to me in a pretty decisive situation , the price formed a double bottom on a bullish trendline. the price broke the neckline and now its comming back to retest it. also on the 1hour tf the price formed a double bottom broke and retested that necklin. am very bullish biased on the pair and i believe its going to reach the top of...
When it comes to trading, it's often said that success is not just about having a winning strategy; it's equally, if not more, about mastering the psychological aspects of trading. when i started trading , I struggled with this concept, and it led to blown accounts, financial losses, and a destruction my mental health. However, through perseverance, reading books...
hello guys , as i previously analyzed last weekend on the weekly tf nasdaq or us100 is very bearish in my eyes. as i predicted perfectly the price closed below a bullish trendline and it failed the create a higher high also forming a double top. i highly highly request from you that you take a good look at my last week analysis today on the daily tf it...
Hello traders , looking at silver we can see that the price reached a support level and a bullish trendline. the price formed the classic reveral pattern : the inversed head and shoulder the price broke the neckline and it came down there currently testing it i expect a bullish move towards the next key area. trade safe!