UndergroundAnalyst

UndergroundAnalyst

The price is currently trading in an descending channel and has broke down a major support, but due to buy volume and small stop loss, we decided to take a buy trade on this one. If you are taking this trade, make sure to apply stop loss to your trade.

UndergroundAnalyst

Overall price is in ranging formation in potential head and shoulder pattern due to volume, we are expecting some short term bullish movement. Make sure to apply set loss and take profit level to all your trade.

UndergroundAnalyst

In lower timeframe the price has entered ranging market, buyer came in, potential short term buy trade. Make sure to apply set loss and take profit level to all your trade.

UndergroundAnalyst

Overall the price is still in a downward trend, the price retraced back to the major resistance. It may send the price down short term before the price break away from the channel. Make sure to apply SL and TP to all your trade.

UndergroundAnalyst

The price has already broke out from the previous triangle, after a certain upward run, it has retraced back to the entry. It can be a potential short term buy trade. Make sure to apply SL and TP to your trade.

UndergroundAnalyst

The price is currently trading in an ascending channel, it is currently oversold and holding by a minor support. It may send a short term buy momentum in short future. Make sure to apply SL and TP to ur trade.

UndergroundAnalyst

The price might trade into a triangle formation, expecting some upward movement.

UndergroundAnalyst

Overall the price is trading in range, bounce from minor support, potential buy trade with tight stop.

UndergroundAnalyst

USDCAD has been in a descending channel for very long, seems like it will continue the trend as the price still respecting the channel resistance. Theres a major resistance on top of it hence we are expecting some short term sell setup.

UndergroundAnalyst

USDCHF has hit a major resistance and seller has appeared accordingly, potential short term falling is expected.

UndergroundAnalyst

AUDUSD is in a short term decending channel and holding by a major trendline and also a support zone. Selling force might end and continue the long term direction.

UndergroundAnalyst

GBPUSD has been in ascending channel for quite long, it is still holding by major trendline and buyer has increase. Potential short term buy trade.

UndergroundAnalyst

EURUSD has broke down a minor support but bounce from a major trendline. We will take the side of volume, short term potential buy trade.

UndergroundAnalyst

GBPJPY is currently moving in a ascending channel, volume has came in, potential buy trade. You may look for an better entry after retracement.

UndergroundAnalyst

Gold is currently stalling at a minor support zone with major trendline holding, short term bounce can be expected.

UndergroundAnalyst

Silver is currently stalling at minor support zone and also a major trendline. Buy volome has pop up a little. A potential short term buy trade.

UndergroundAnalyst

Trade is given on 7th June, entry at 589.04. You may close the trade, profit should be 198% of risk. Only pure technical analysis is used (some equation our team developed), so you won't see much description in our analysis. You may include your own fundamental knowledge to increase the winrate but without is fine too. Just make sure to apply SL & TP.

UndergroundAnalyst

The trade was given on 7th June at 133.79 entry. you may close the trade, profit should be 210% of the risk. Only pure technical analysis is used (some equation our team developed), so you won't see much description in our analysis. You may include your own fundamental knowledge to increase the winrate but without is fine too. Just make sure to apply SL & TP.