Sell setup on XAUUSD, GoldPossibility for price to continue downtrend as price already breakout the nearest support area.
Target below box for take profit area.
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TLMUSDT DWINDLING SINCE LONG TIMEHello !!
Welcome to quick update of TLMUSDT. As we all know the market is very uncertain and we are unsure about the trend whether bullish or bearish.
I have analyzed the chart of TLM, it was trading inside a channel since long time but it broke it when BTC broke 38200 level. TLM made an all time low of .0695 and it pumped until .0770. As of now, it is trading in the range of .0748 to .0786. It is in a sideway trend as of now and may soon pump.
We can enter the TLMUSDT trade only if it breaks .0786 level and closes above that. Below .0786 level, we are still bearish. In my suggestion, lets wait for the right moment to take this trade setup and see when the trend breaks.
The desired entry level should be above .0790 only if it breaks the trend. The possible targets will be as below:
.0839
.0884
.0918+
This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits.
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EURUSD SHORT!!!!!What tells us about the upcoming reversal?
- Peaking RSI and decreasing in momentum
- Demand zone
- 0,618 Fibonacci
What do we need in order to trade short?
- Reversal candlestick pattern
- Closure under demand-zone
Remember to put stop loss above demand zone and have a nicely done RR and analysis for yourself :)
AUDUSD IdeaIf you like this idea, feel free to copy it! Don't forget to like and follow me for more setups!
AudUsd short term analysis.
GAP at the bullish candle to be covered, H1 short trend, possibly the market can go cover the inefficiency and go up to continue the short trend later.
In the meantime, I'll take the long retracement, and then consider for a short entry.
Updates soon.
Have a great day you all traders!
Contact me for any questions 🤑📈📉
GBPJPY - continuation breakout to the upside on a flag poleAfter a break and retest of the inverse head and shoulders a few weeks ago GBPJPY is looking very bullish with higher highs and lower lows. Right now price actions looks to be pivotal, as a major break out to the upside could lead to a Strong year for GBP.
A favourable deal with Europe in the Brexit negotiations and the fast and efficient roll out of the COVID vaccine could be seen as good arguments for a strong pound this year.
Before this i do see some volatility occuring over the next few weeks with deeper pull backs, if it can register a new higher low then im will be buying pound all the way to 175.
What we have hear is a short to medium outlook, bullish momentum following a break out of this flag pole pennant, heading up towards the top of this range created from a previous double bottom, the D2 fib extention level and up into supply at around 134.
