SHORT IT!!!! bearish divergence formed ! targets mentioned in the chart BEARS ARE CALLING!!!!!
Hello everyone In this scenario price at NZDUSD currency pair haven't confirm any fact, but it's good to have NZDUSD in our minds. This pair might be good for trading later, we just need more data, more facts, before we hit a button for buy/sell. At the moment NZDUSD currency pair is in bearish trending and bearish territory. One interesting thing at this pair...
the market is known to ignore trends then correct, we might see a pin to the top followed by a correction to the bears dominance trend. if you want to trade the election, make use of pending orders with SL.
Lets see if this plays out. Price broke out of the chanel but here we have a big Resistance zone. Trade at your own risk
A Bitcoin sell off does not always mean it is trending, it is all a matter of perspective. If you focus on one hour charts, you will see a trend! For those who do not realize yet, losing is part of this game. When I was a beginner, I hated losing and used to make the mistake of letting my performance determine the value of my self worth. Back then, a colleague of...
On the 4H chart we might see a completion of a Cypher pattern, the risk/reward is not the greatest and personally I would not take the trade because of the risk/reward but others might think differently. The blue lines is daily resistance/support levels
Major resistance at 0.79950 - 0.80016 Zone; Fibonacci Retracement Level 0.236 - 0.382 - Probable retracement back to minor support zone at 0.7980. Looking forward to see how this one plays out with current downtrend.
Triangle has broken multiple bars in the 1H and 2H time-frame in to Bearish signals. RSI @ 3H has turned Bearish as well. Willy @ 6H is indicating a dump in near future. I have labeled zones of varying degree of support/resistance (Green, Red, Yellow Lines) These lines were drawn with 2H, 4H, 6H, 12H time-frame modified Ichimoku Kumo Clouds (hidden). The...
It seems that USDJPY will go long, which means that USD will gain strength. On the other hand, USDCHF is going short and EURUSD is going long. I'm sceptic about this trade, so be caucious.
After seeing bearish divergence, a short opportunity has arisen with a bearish pin bar. Stop loss will trail the highs currently at 0.8724
Hello there! Here we might see a possible Bearish Gartley pattern setting up. In the comments below will be a link to my video where I share with you how to trade the Gartley pattern. Good Trading, Errol Muller
We have had our Double top and impulse leg down if we see a retracement to the 618 I feel that pervious support could act as ressitance and see a move to the downside
Short-term bearish correction on EURAUD, a bearish divergence on MACD is a signal for correction of price until the newly formed trendline.