YertuntsTrader

YertuntsTrader Updated 

Hello traders 👋 According to 1 day chart, Nasdaq index is ready to do it's last downward movement. Hence I've prepared my analysis on how to trade in the bearish market. Many said rise from the previous low point; 11050 indicated beginning of bullish market. On the other hand, I think it is the 4th wave correction. Therefore I will continue to do short for the long term.

YertuntsTrader Updated 

The rising wedge — also called an ascending wedge — is a bearish reversal pattern. This means that after the pattern completes, you can expect the market to reverse direction. Confirming rising wedge. 1. Choppy and overlapping waves 2. Higher highs and higher lows 3. An upward sloping resistance trend line 4. An upward sloping support trend line 5. Resistance...

YertuntsTrader Updated 

The Euro-Dollar has now retraced more than 50% of the 2022 downtrend, EURUSD has formed an Ascending triangle and looks like it has broken up. The uptrend is likely to continue and reach 1.07515 level.

YertuntsTrader

gbpusd broke the minor uptrend line and forming bearish. The gbpusd can rise to the level of 1.22930 & wait for pullback. If gbpusd breaks the uptrend line, it will fall and reach 1.19500.

YertuntsTrader

Why open short trade oil ? 1. Usoil broke the strong support level and made a pullback. ✅ 2. touch fibbo levels ✅ 3. Forming bearish candle sticks ✅ 4. retest 100 ema ✅ Like and subscribe and comment my ideas. Thank you

YertuntsTrader

USDCHF broke the horizontal support of 0.99150. Right now, USDCHF is trading around the 4hour up trendline. For today, check will yesterday's level of 0.99150, then I think it will go down to 0.98400, If the level of 0.99150 is broken up, USDCHF is expected to rise to the level of 0.99700.

13:07

YertuntsTrader

Hello, my name is Yertunts. I have been trading Forex for 6 years. Let's do some trade today. If you have any questions, ask in the chat.

YertuntsTrader Updated 

USDCAD has been trading in an ascending channel for a long time. I currently see a USDCAD made Head and shoulders pattern on the daily chart, but neckline has not been broken yet. If the neckline breaks, of course it will be confirmed. Therefore, it is too early to see long trades, I think you should open a long trade test 100 EMA..

YertuntsTrader Updated 

It's been a tough week for EURUSD trading, Although the support line was broken, but EURUSD didn't show a down impulse, so its fakeout. For me, the direction is now clear. So I'm think that the growth will continue after some correction movement. Open a long trade when the checks the fibonacci 38.2, 50 level or break the resistance level.

YertuntsTrader Updated 

Looking at the 1-hour chart, EURJPY is trading in a rising wedge. If the wedge breaks down, it can reach 145.700. Right now, EURJPY has reached the resistance zone of 146.500-146.300. If this zone can be broken upwards, eurjpy up to previous high 147.360

YertuntsTrader Updated 

Gold has shown strong gains and is approaching a strong resistance line of 1680. It will be clear the direction of growth will continue or retreat from this level. maybe gold can check the previous month's high and fall back. As long as gold doesn't break above the 1730 level, the price is in a bearish trend . There are 2 guesses to trade short, the first level is...

YertuntsTrader Updated 

EURUSD is broke Up trendline next support line is 0.96500. For today, the EURUSD is likely to test the 0.97900 level and continue to fall. When the price pullback, you should open a short position.

YertuntsTrader

The Fed had on Wednesday had hiked the upper target for fed funds to 4.0%, its highest since the Great Financial Crisis, while Chair Jerome Powell had said that interest rates will have to go higher than previously thought, even if the size of individual hikes from now on is likely to be smaller than the 75 basis points seen at the last four meetings. If we can...

17:25

YertuntsTrader

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YertuntsTrader Updated 

Gold created a short-term bullish trend, but this trend was broken. Gold had an accumulation between 1646 and 1638, but this failed. If the price can break the 1646 level, it can continue to rise.

16:39

YertuntsTrader

During this time, join me and increase your profits, forex education. If you have any questions, please ask live chat.

YertuntsTrader Updated 

EURUSD is broke 0.99 support zone, the next support line is 0.98200. When the price pullback, you should open a short position.

YertuntsTrader Updated 

USDCAD 1.36 broke the zone of strong resistance. When the price pullback, you should open a long position.