GBPUSD short term range observed, If you trade range, 60pips potentials with almost 20 SL is tradable RR 1/3; trendline test, fibo 0,50 and 0.618, RSI convergence with price at Top level toward 50.
Sideways limitation is the key if you want to define break and retest scenario. We can see the price here trying to stay close to the support zone after some long period of time, week or two ago. That is showing us that the bearish pressure is higher. Every time the price comes up, the bears step in and push the price down to the support zone, making it...
Looking for a nice long on USDCAD as it bounces off the demand level and looking to possibly fill some imbalance in the market created by the huge bearish candle seen on the H1 candle 04/21. Will see how this plays out.
Here's a quick look on Bitcoin daily chart. A couple things to note here: 1, BTC finds support at 100ema and Fibonacci (secret) level. 2, Rejection wick on the daily candle and RSI near oversold level. Who knows, this rally could retest the high and possibly make a new high, or a lower high and perhaps a continuation lower. P.S. Yes, this is my other...
Description : Hello guys, as you can see, an ascending flag has been formed, which is quite clear. After the sharp and sharp growth of the price, it has entered a downward channel and formed a rectangle of the flag, and a small ascending trend line can be observed, which if maintained and not lost. Gently go to the roof of the channel and then break the...
Hi, Based on the 1H chart, we see a strong support is being tested at 1.2 for the pair as it tried to form a double top before. It could provide a resume for EURUSD uptrend if it bounces. ECB has announced there is no policy change earlier today which contributed to the drop of the EUR. However, the drop was not supported by a good job report of US right...
USDCHF - Intraday - We look to Sell at 0.9185 (stop at 0.9203) Our short term bias remains negative. Previous support, now becomes resistance at 0.9190. Preferred trade is to sell into rallies. Pivot support is at 0.9129. Our profit targets will be 0.9131 and 0.9111 Resistance: 0.9180 / 0.9200 / 0.9210 Support: 0.9150 / 0.9130 / 0.9100
EURUSD - Intraday - We look to Buy a break of 1.2051 (stop at 1.2032) Daily signals are mildly bullish. A break of bespoke resistance at 1.2050, and the move higher is already underway. Short term bias is bullish. We look for gains to be extended today. Our profit targets will be 1.2108 and 1.2135 Resistance: 1.2050 / 1.2080 / 1.2100 Support: 1.2020 /...
EURUSD - Intraday - We look to Buy at 1.2002 (stop at 1.1981) Daily signals are mildly bullish. Short term bias is mildly bullish. We look to buy dips. 50 4hour EMA is at 1.1992. Trading close to the psychological 1.2000 level. Our profit targets will be 1.2065 and 1.2085 Resistance: 1.2050 / 1.2070 / 1.2080 Support: 1.2000 / 1.1990 / 1.1950
Looking to see if GBP can pullback to hunt for some liquidity before pushing lower, could possibly be a decent trade to the upside for about 50-60 pips but I find that when market sell-off they sell hard and fast don't want to be on the side where there is a clear downtrend on the H1 chart. Will see how this one plays out next week. #gbp #gbpnzd #gbpnzdshort
Hi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the conditions of the strategies are satisfied. Press the like Button to support this video and let me know in the comment section if you have any questions.
Description As you can see, it is between support and resistance and has formed an ascending channel to touch the resistance and is currently at the bottom of the ascending channel. If we take a closer look, it has broken a bearish wedge, which is also a sign of rising prices, and is expected to touch its resistance in the next few days.
Long on the EURUSD Price 1.20745 TP 22 pips SL 33 pips OANDA:EURUSD