Overall trend for this pair is bullish since price still inside and respectign perfectly a weekly ascendign channel where it creates intraday channels and waves and right now we holdin right after a 4th wave was formed and price is holdin on a key level where confirmations lines up : 1. 3rd touch to the intraday descendign channel 2. 38% MP that lines up...
GBPJPY BULLISH BREAKOUT Very good and interesting set up presented here in the higher and lower timeframes with over 4 confirmatiosn that let us know that price could possibly continue its bullish momentum and those confirmations are : 1. Price broke and close abvoe the daily timeframe 2.broke and close above the MP fib level that was working as a strong...
Off the beaten track with an "EM exotic" trade.. and the first idea on this pair on tradingview PLNHUF breaking and having repeated closes below 2018 low opening up a move down to 72 area and potential retest of 2017s low 70 area
Gold having a massive move lower today down -15.00 at time of idea. Crazy 3 days going from 1295 up to 1310 and back down all in one trading session. Getting long as it finds support at levels dating back to January and at the same time moves heavily into oversold status. Looking for this level to support a short term bounce back into 1295-1308 trading zone...
Have been waiting to get short this pair- short NZDCAD post the New Zealands central bank meeting which took NZD in to todays top performing G10 currency- looking for descending red trendlines to hold and for the pair to trend back down to low 0.89 area and potentially break to the downside. Pair currently in overbought territory following the overnight spike.
USDCAD approaching 0.382 fibonacci support from 2019 high whilst looking marginally over sold- looking for bounce into March after month end flows clear up
High expectation of further easing from ECB likely via the announcement of TLTRO for the banking sector- news flow lining up with technicals on the chart above with the mutiple wave formation
Buy gold after finding support at Jan levels- chart fairly self explanatory. Oversold territory and looking for move back to 1305-1308 area Keep it simple.
short AUDUSD on head shoulder pattern forming in descending channel- graph self explanatory recent positive news on US/China trade deal in the past few days failed to retest previous head high so looking for a descent lower
Simple trade- support line from November that has been tested on multiple occasions coming back into play at these levels. Additionally pair looking oversold on short term basis post better than expected US GDP data. Looking for a retest of 1350 area into mid March
Looking for close above 97.15 area to confirm DXY dollar index is going to break higher after forming double bottom since start of the year. If close above is confirmed then looking to target Dec highs around 97.66 area. Should it pull back and close below 97.00 we make look to short USD and USD pairs Dollar is currently having its best continued daily run in...
New opportunity regarding NZD/USD The currency pair is trading around 0.6518 at the time of writing! We see the starts of new H1 up-trend (higher bottoms and higher tops)! After that the price breaks up the key level around 0.6500, as well as we wathing a high volumes in the past 24 hours. The strategy is as follows: We have to wait test of 0.6500 level and also...
BTCUSD Short below 6829.31 tp at 6086.08 then 5724 then 5382 if BTCUSD above 6829.31 long and tp at 7211 then 7774 ========================================================= Good luck to traders This is technical analysis of forexvnn
BTC sideway in 6382 - 6550.3 trading two ways in this zone If BTC above 6550.3 long at tp at 6833 then 7142 If BTC below 6382 short to 6230 then 6071 then 5863 Best regards Admin of forexvnn ZALO +84912527367
USDCAD: 4 Hour cycle is bearish against 1/20 (1.469) and the 1-hour cycle is bullish against 9/8/2017 low (1.2065). Correction to the cycle from 4/17 low is proposed complete at 1.2957 low. Near-term, while dips remain above that level and more importantly the pivot from 4/17 low stays intact pair is expected to resume the upside. We don’t like selling the pair...
GBPUSD: 4 Hour cycle is bullish against 10/7/2016 low (1.195) low while the 1-hour cycle is bearish against the 4/17/2018 high (1.4377). Rally to 1.3474 ended correction to cycle from 4/17 high. Near-term cycle from 7/09 high is expected to complete soon then pair is expected to do a bounce in 3, 7 or 11 swings before further downside is seen provided the pivot...
NXTBTC long above 1121 tp at 1726 then 1994 then 2563 If below 1121 short to 883 only Note : I am bearish for most of alts but NXT, FLO . If you win and want to send BTC to me, pls inbox Best regards FOREXVNN