Good morning traders, today we bring you our short-term analysis on the EUR/USD pair, since we consider that it may have an interesting behavior during the next few weeks. This vision shows a bearish forecast, based on the following technical aspects: 🔸First, we can see that the price generated a bearish break from the bullish channel, since when it bounced off...
NZDCAD H1 Pinned into support but not quite in to the mean of our support range, took off with no turning back (other than the volume dump we saw across most NZD markets). Resistance/TP was pinned and instantly saw market corrections. Possible structure break with a retest due, not overly fond of trading against the NZD so would really like to see lots of...
DXY H4 This throws a bit of a spanner in the works as we now have to wait for support above 91.000 to hold to confirm USD bulls. Realistically it's expected markets would have corrected beneath 91.000 as we saw a 1400 point rally. It's only natural it sees a relative market correction. Looking for a bit more from the USD across the board to confirm USD...
Hi guys... i really hope i am doing these charts well enough that it is understandable. i really appreciate feedback on my chart ideas. Thanks
The Gold has completed its retracement phase and ready to fall below the 1700 level for a heavy sell in the 1600 zone. The next target is 1680 in the near-term where it will decide the long-term direction.
Good morning traders, today we bring you our daily chart analysis of the EUR/CAD, along with a short-term explanation to know what to expect to trade this instrument. 🔸As we can see, this pair has not been on a clear trend for some time, and at this moment it is facing a strong demand zone. 🔸From here, we can consider two visions. 🔸The first, in case of a...
Hello traders in this post i have marked up my chart with a multitimeframe analysis, let me know what u think!
We can see a nice parallel channel on the 2H. There's a breakout and price is retesting. After confirmation, we can go short and try to reach 58.80 Keep it simple.
After the release of good financials on Feb. 24, there is a significant increase in volume in RYAM. Many buyers have entered the market here. This results in a nice setup for a swing trade of several days in the daily chart. The overriding trend in the weekly chart also confirms the current market direction. It is quite possible that already today at market...
GBPAUD Daytrading Setup Trade the Zones breakouts. Please make your analysis on charts and (Don't follow the herd). Don't get faked out. Just follow the Banks. Finally, keep it simple stupid.
We have a beautiful setup forming in KRAKEN:LTCUSD right now! We are expecting a move down to $120-$130, followed by a potential 200% move up! We will be looking at a SCOTCHstocks target range of $300-$400 when this is all said and done. Don't forget to check out our updated Bitcoin thesis, as it is playing out perfectly so far. The featured content is...
AUDJPY has formed a strong key bullish key reversal on the 4H time frame. This trade is confirmed by the key reversal with a lower bollinger band outbreak and the strong uptrend. Similar setups to NZDUSD and AUDUSD but AUDJPY and AUDCHF are stronger because they never reached previous support before forming strong key reversals. TP at candle body high of the...
Good morning traders, today we bring you a long-term analysis on the EUR/NZD pair. 🔸As we can see in the Weekly chart, the price broke the bullish channel to the downside, and from there began a downward movement that has not stopped until last week. 🔸The area where the price rebounded is a strong demand area. The last three times in the last four years that...
Trade the Breakout of the Zones. You can either be a Breakout or Retest trader. Personally I trade the Breakout candle to scalp it for 15 to 20 pips.
we are in an up trend but seeing the heavy downward momentum, meeting at a significant daily resistance, also hitting the 50 & 618 pullback levels, it is sunday so a bit more risky of a set up given the day we are at a 1 hr retest level pre london risk 40 pips - possible reward 133pips utilizing BTB strategy will be moving stops to b/e when we are 20 pips...
Trade at your own risk. GBPCAD setup possible two different scenarios, #TRADE WITH BANK STRATEGY Follow your analysis, apply Fib retracement, pivot points, moving averages, etc... Trade only the breakout of the zones. Personally, I would scalp it for 10 to 15 pips with decent SL. Choose which type of trader you would like, you can either be a Breakout,...
Structure looks good. Should be a easy scalp or long hold from support at 6500.
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