In my simple analysis EURUSD looking to retest 1.07500 area (support) Level Aligned perfectly with My daily SMMA where I'll be looking for buys till 1.10 Area level Remember Do not enter blindly wait for Confirmation And manage Risk wisely
Looking at the Monthly timeframe and weekly time frame BTC/USD May retrace down from 36K level 38% fib level to 30 K areas Where there will be buying zone. This is what I'm interested in otherwise I see no entry for a swing trader or intraday trader. So rejection from 36 K areas may Lead to 30 k AREA . 30 K area buying zone where there will be opportunities for...
NZDCAD lookig for a reversal in the mentioned area ( Sl and op's mentioned) 1- Major support 2- Bullish formation (descending Chanel) 3- will look for P.A on lower time frame
gbpjpy currently trading at major support level with weekly head and shoulder formation I think Gj will dip hard in the next days/week .
BTC USD looking to retest my blue line ( Major resistance level) and 50 % fib level 2- Clear head and shoulder formation on weekly time frame What to do ? : Monitor this level clearly and wait for price action on lower time frame if you see and sort of rejections, wicks or struggle to break above this level ( consolidation) look for short opportunities. If You...
From A daily perspective USDJPY looking to retest my Resistance level (blue line) Where I'll be looking for shorts. 2- As chart pattern Usdjpy is currently trading into an ascending Chanel which is a bearish formation 3- As fundamentally speaking War and tension in the world is increasing so this pair will be affected heavily in my opinion
As you can see gold formed a double bottom at 1810 creating a high impulse to the outside. On Friday Gold broke a major resistance level at 1883 levels and closed a daily bullish candle above of the resistance levels so this shows major upside for gold . Im looking for a bit of a correction to the downside before going further up to test 2000 areas again....
XAUUSD CURRENTLY IN AN UPSIDE TREND AS YOU CAN SEE PRICE FORMING CLEAR HIGHER HIGHS HOWEVER GOLD REACHED A CRITICAL AREA AND REJECTED HARD FROM IT AS YOU CAN SEE. But due to world situation and heat and tension in Middle East will gold form a higher high? or we will see a lower low?
1- Clear Head and shoulders formed on Daily Time frame 2- Psychological level Rejection 3- Broke lower trend-line Targets Mentioned In the Picture