sell audcad bearish cypher stop and target on the chart good luck
Bearish Cypher The most important points before the rate decision and the interest rate statement tomorrow morning: The RBA abandoned its confirmation that the next step is to raise interest rates Many expectations suggest a rate cut this year The bank cut its economic growth forecast at its last meeting The Bank may prefer the negative outlook for the economy,...
DJI broke the Head and Shoulders pattern neckline supporting the bearish view in the medium term. Sell from the current level SL should be placed at 26,200 Targeting 24,120 Good luck
EURUSD is bouncing from the ascending trend line on daily time frame supporting the bullish view on the short term. SL should be placed under the 1.12 level. ECB will announce its rate decision tomorrow, although the inflation and growth risk are skewed to the downside but Q1 data is weak and could make Mario Draghi express his concern about economy losing its...
A Bearish Butterfly supporting selling the pair from current levels targeting 125.60 SL should be placed at 127.50 Goodluck
the pair broke the descending trend line drawn from jan 2018 on Nov 2018 and it bounced after retesting it. from the economic perspective, if US and China reached a trade agreement soon the pair will gather more positive momentum targeting 0.7240 then 0.7390. SL should be placed under 0.7000 good luck
The Chinese economy advanced 6.4% yoy in Q4 2018, after a 6.5% growth in Q3, matching market expectations. It was the lowest growth rate since the global financial crisis, amid intense trade dispute with the US, weakening domestic demand and alarming off-balance-sheet borrowings by local governments. Considering full 2018, the economy grew 6.6%, the weakest pace...
GBPUSD is getting ready to a strong bounce as it shown on the chart also there is a bullish Gartley pattern in formation process supporting buying from the green area, a good re-enter also is from 1.3920 which represent 61.8% fibo. fundamentally GBPUSD always goes up in April, check that on the monthly frame. Thank you and goodluck
Kindly note what happens to the pair in each month of may during the past years, I expect a bearish wave is in process now and it will gain more momentum during May. Good Luck.
The chart shows the expected scenario in terms of Elliot waves analysis
COINBASE:BTCUSD BTCUSD is heading to 9500 after rejecting from the descending channel upper line (first Target), breaking that level opens the way to 9100 where buyers may emerge. long term investor should buy after stabilizing above 12k on the medium term fibo 61.8% would be the last chance for buyers
COINBASE:BTCUSD declined rapidly to the current support level which may provide some supports recovery attempts to 10k and beyond breaking this level will increase testing fibo 61.8% probalitiy near 8,240 any close above that level could send the currency to 6,500 GoodLuck
Place an Buy order at 1333.36$ with SL at 1320$ TP1 at 1342$ TP2 1356$ goodluck
Wait the daily close above 1.40005 to buy TP and SL on the chart Goodluck
Buy GBPUSD after breaking 1.3890 with SL at 1.3735 Note: a daily close under 1.3700 supports the bearish Outlook
BUY EURUSD we are in wave 5 Targeting 1.2050 stop should be placed at 1.1520