I have an open buy position on this pair @1.31932. Looking to see price action and market structure to take effect here soon. We have been dropping for the past few weeks steadily but in recent days market structure has begun to be non existent. My take profit for this trade is 1.35 but ill be taking partials along the way up. This pair is long term bearish to me...
banknifty is showing some weakness and also i analyse previous data it is moving in parabolic also it is showing bearish divergennce on weekly timeframe iam not talking abot crash or something iam just saying that it need some rest or retracement but it may be about 3000 points yeah it just a predictable no but it is taken from historic data as in chart...
Looks like good swing up.. could have a slight pull back
following trendlines May bust both side
Not financial advice, alway DYOR Do you see the same that I do?, a lot of people is very bullish with this nice project. However, it's too overextended, overbought, and needs a healthy retrace, It needs to revisit EMA 200 on the 1 hr., then it will be ready for more pump.
NYSE:JMIA is currently forming a very clean head and shoulders pattern that is about to break. If the neckline breaks bellowe 30-31$ we could see the price drop towards 19$ or even lower. Keep it on your watchlist for a possible neckline break.
This is what I see what I see from the daily perspective, a small flag formation signaling a potential impulsive move to the downside. I anticipate a long term downwards movement and preferably enter at current market price. Let me know what you think.
Price action analysis with fibonacci & structure patterns
I called this inverse H&S forming in my previous analysis, overall market is bearish so this may not happen but if voume picks up on $DKNG it may just do its own thing and take off my PT is still 55
Okay, so looking at the Bollinger bands on MetaTrader 4 it shows that XAUUSD is over bought. It can be possible that it will go bearish for a while then it will go upwards. What do you all think? (1 month 2 weeks trading experience)
I see a triangle form starting from the top, I feel it will break through the triangle pattern and go bearish. Going to wait for confirmation though, what do you all think?
hello traders its clear signal to sell in google
At 30.06.2020 i decided to long CHFJPY (Long Term) i noticed that after the weak SELL which started at 8th of June that lasted till the 22nd of June was not going to hold, and bounced back off and continued the BUY trend which started at 20th of May. In this matter i basically hopped on a continuation trade. My entry information: Entry level: 113.965 S/L:...
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, here is my analysis. Previous wave correlations point that MBIO is on the next wave of a breakout as the previous waves. Many analyst are ranking it a strong buy, and I even decided to replace my ALGN position (which I still...
FX:AUDUSD . I have entered a counter trend trade on this pair. Price has come up to the 6200 level which is a previous level of structure. After a massive rally up. If this goes in my direction I will trail my stop down.
On the daily there are strong bullish candles moving to the upside on the daily chart. So those price pushes are showing me that it could possibly make its way to the upside and to give us one more push before turning over. the 4hr is showing a very strong trend from last week, it might just continue to the upside, but of course will be waiting for a pullback....
Looking at the overall projection, Will we see AUDUSD continue to go through a bearish market? Even the those the bull had spiked up during Asian session, will we see a chance for the bears to over take the bulls? or Will we let this cycle continue to play out for AU? or would we see a turnover market happen before the end of this year? The best way is to let it...