Avramis

Avramis

Hi Traders GBP/USD Multi-Timeframe analysis (Update) H1 CHART (BULLISH) A very high probability, entry signal to go LONG was given at 1.40910 after the market found support at 1.40514 . Only the downward break of 1.40514 would cancel the bullish scenario. Support & Resistances 1.40506 1.40967 1.39797 1.41225 1.39259 1.41663 H4 CHART...

Avramis

Hi Traders CAD/CHF Multi-Timeframe analysis H1 CHART ( BULLISH ) A very high probability, entry signal to go LONG was given at 0.71104 after the market found support at 0.70829 . Only the downward break of 0.70829 would cancel the bullish scenario. Support & Resistances 0.70789 0.71094 0.70455 0.71331 0.70165 0.71621 H4 CHART ( BULLISH ) A very...

Avramis Updated 

Hi Traders Quick Update H4 Chart Target 1 at 0.78522 has been reached. We closed 50% of our position and have moved the stop loss at the lock-in-profits level at 0.77726 . Provided the market conditions will remain the same Target 2 will be reached soon. Support Resistance 0.77552 0.77708 0.77119 0.78044 0.75630 0.78522

Avramis

Hi Traders EUR/CHF Multi-Timeframe analysis H1 CHART ( NEUTRAL ) The market is dominated by uncertainty. The occasionally prevailing trend lasts for a limited time and changes its direction too frequently. As long as the market remains unstable, we stay aside, waiting for the market to get back on track Support & Resistances 1.08747 1.08920 1.08521 ...

Avramis Updated 

Hi Traders AUD/USD Multi-Timeframe analysis H1 CHART A very low probability, entry signal to go LONG was given at 0.77726 after the market completed a bear trap reversal pattern. Only the downward break of 0.77215 would cancel the bullish scenario. Support & Resistances 0.77578 0.77737 0.77234 0.77868 0.77058 0.78044 H4 CHART A low probability,...

Avramis

Hi Traders EUR/GBP Multi-Timeframe analysis H1 CHART ( BEARISH ) A high probability, entry signal to go SHORT was given at 0.86671 after the market found resistance at 0.86779 . Only the upward break of 0.86779 would cancel the bearish scenario. Support & Resistances 0.86402 0.86793 0.86182 0.86995 0.85809 0.87182 H4 CHART ( BEARISH ) Waiting for...

Avramis

Hi Traders EUR/CAD Multi-Timeframe analysis H1 CHART ( BEARISH ) Waiting for a retracement higher towards the 1.53175 resistance level in order to reinstate SHORT positions. Next important resistance is the 1.53780 level. Support & Resistances 1.52790 1.53175 1.52213 1.53780 1.51227 1.54766 H4 CHART ( BEARISH ) A medium high probability, entry...

Avramis

Hi Traders Gold Multi-Timeframe analysis H1 CHART (BEARISH) Waiting for a retracement higher towards the 1789.44 resistance level in order to reinstate SHORT positions. Next important resistance is the 1815.86 level. Support & Resistances 1769.08 1789.44 1757.59 1815.86 1737.56 1826.34 H4 CHART (BEARISH) A high probability, entry signal to go SHORT...

Avramis

Hi Traders Silver Multi-Timeframe analysis H1 CHART A low probability, entry signal to go LONG was given at 27.118 after the market found support at 26.847 . Only the downward break of 26.847 would cancel the bullish scenario. Support & Resistances 27.039 27.510 26.816 27.652 26.528 27.940 H4 CHART A medium probability, entry signal to go LONG was...

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H1 CHART Waiting for a retracement lower towards the 1.38945 support level, in order to reinstate LONG positions. Next important support is the 1.38761 level. Support & Resistances 1.38945 1.39181 1.38761 1.39354 1.38388 1.39507 H4 CHART A high probability, entry signal to go LONG was given at 1.38780 after the market found support at 1.38264 . Only...

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H1 CHART The market is approaching the resistance at 1.20463 . We are waiting to see reversal signals in order to reinstate SHORT positions. Next important resistance is the 1.21200 level. Support & Resistances 1.20225 1.20463 1.20085 1.21200 1.19847 1.21276 H4 CHART The market is approaching the resistance at 1.20494 . We are waiting to see...

Avramis

The sequence of Lower tops and Lower bottoms on The daily charts was broken on 3 June 2019 when the market moved above the last confirmed top at 1.1215 The euro is now in an uptrend and is absorbing the slightly overbought levels it reached. Any correction is an opportunity to buy targeting 1.15

Avramis

The first ingredient is a well-defined and clear downtrend. That means Lower Tops and Lower Bottoms with a good slope and distance between them in other words a Bear Market. As we see here, we have lower tops as T1 is lower than T2 and T3 and T4 and lower bottoms as B1 is lower then B2 and B3 and B4 showing a confirmed downtrend. Since a downtrend is more...

Avramis Updated 

In every technical analysis book you read, they mention that an uptrend is a series of higher tops and higher bottoms. But in no book that I have read do they explain how to precisely identify a top or a bottom leaving the answer to realm of subjectivity. Identifying the correct tops and bottoms is an essential part of any method that uses price action pattern...

Avramis Updated 

The weekly charts are clearly bearish with lower Tops and Lower Bottoms in place. The rally we saw the last few weeks retraced almost 38.2% of the move down and is now clearly Overbought on the Lower Time frames. A downtrend with an overbought wave is a very good place for a Top to form and short positions to be initiated. We have our first Bearish reversal...

Avramis Updated 

Those short in DAX from the swing at 11980 can keep their positions trailing their stop to entry level and targeting to convert this short term trade in a long term play to align with the Daily Pending reversal at 11830.

Avramis Updated 

The break of 11830 in German DAX will complete a Bearish trend reversal on the Daily charts confirming the formation of a new lower top on the weekly charts and endorsing the long-term bearish structure.