This is more like update to my previous analyse regards this pair. EURUSD made its move and USDCHF stayed behind a little bit. USDCHF and EURUSD are very correlated with each other. one is going down the other is going up. All these lime stripes represents Daily GAP's which are acting as a support/resistance area. I'm expecting two scenarios here: 1.Pair will go...
... for the last year BTC made some magnificent spike and beat all even wildest predictions. Most of the time same scenario is taking place or maybe always at the end of the huge gains it is bring to attentions to all sort of ppl which are not familiar with the current market situation. Also there is huge propaganda all around in media ppl and many funny ppl with...
... silver chart is very similar to the BTC in my opinion. I think that the BTC is currently on 2nd wave
Look at the chart... spike of gold appeared almost 8 years ago. Probable scenario is that the 3rd wave will go below 1000 mark.
USDCHF is on bullish trend since mid February. It formed double top above 1.0 and then went down. When U look at the chart it seems like that any short attempt for this pair is stop by strong bullish movement. I market on the chart inverted H&S formation plus double bottom which is holding pair above one of the Daily GAPs. To me this pair is preparing to go above...
I marked with eclipse last lowest low with company of pin bar candle. These cable stick formations tend to be broken and lowest low should appear on chart sooner or later. It is quite good situation right now where pair has created double top with combination of head and shoulders formation on 1h chart. This par is trading in channel but in my opinion it is more...
We can clearly see here double bottom which started new short term trend. Double bottom perfectly bounced from important Fibonacci level 14.6% Formation has been created with combination with GAP on Daily chart. R/R is close to 3
Double or triple top bounced from 200 ema. Good R/R ratio
quick trade r/r 3:3 head is bouncing from 200 ema
Seems like it is going down and Trump decisions had affected index. I extended the TP area which will give us quite good R/R ratio close to 10. Index should have some consolidation or rebound from 200 ema but if it will breach it 21000 is very possible. TP Area is based on Fibonacci restracment 61.8% to 1.618% It is very god trade in my opinion based on...
We can see here 3 GAPS from daily chart(lime rectangles). Look how nice this pair bounced from the latest daily GAP. It also created upside-down head and shoulders formation( not fully developed yet) which is clearly saying that the pair will most likely move higher. I had some problems with setting up TP but I think 1.6222 is very reasonable with R/R close to...
I will go quick thru this chart. There is magic number 50 which stopped pair plus 23.6% Fibonacci level combined with highest high from 6th of November is creating solid support here. Upside-down Head and shoulders formation is making this support even stronger and make me think that NEO will gain on value in short time. If U believe that NEO will go up this...
I marked few important things on the chart. I don't know if someone did see it before it happen but 61.8% retracmenet going to 1.618% is very common and with combination with double bottom it was perfect signal to go in. ...well, I did not spot it either we have another double bottom formed close to 14.6% fibonacci level. It is good time to enter if U believe...
This seems like confirmation for my previous idea. We can see nice head and shoulders formatiom combined with strong support from GAP on daily chart. SL and TP are the same.
It is update to me previous idea about this pair. Similar patter appeared on the chart on 4h chart. GAP's lime rectangles are based on the weekly chart and are acting as strong support areas. Pair is trading below 200 ema which is good bearish signal. USDDKK -0.14% is trading in channel for time being and my TP is set based on it. I will be watching this pair if...
It is update to me previous idea about this pair. Similar patter appeared on the chart on 4h chart. GAP's lime rectangles are based on the weekly chart and are acting as strong support areas. Pair is trading below 200 ema which is good bearish signal. USDDKK is trading in channel for time being and my TP is set based on it. I will be watching this pair if it will...
Pair bounced from GAP's on daily charts combined with 200 EMA. It is quick trade with R/R 3:1 which seems to be ok and TP are is not that far from current level. Pair is bouncing first time from 200 ema while it was trading below it for some time.
DJi my latest favorite formation Upside down Head and shoulders formation pointing continuation of current bearish movement. Index has been stopped twice at 61.8%. R/R around 4.5 Links below for this pattern history