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Wirex (WXT) is in uptrendHello Friends, Currently, most of the cryptocurrencies are in a downtrend but WXT is in uptrend. It also looks like Wirex is forming an inverse head and shoulder pattern. We can get some decent profit if WXT continuous uptrend. Don't forget to manage your risk as the crypto market is highly volatile in nature. Wirex (WXT) is a unique multi-blockchain cryptocurrency that powers the X-tras rewards program. Wirex customers can earn up to 4% back in WXT every time they use their Wirex cards in-store or online, or up to 12% annually on the balance of their WXT accounts with the Savings Bonus feature. Do share your opinion in the comment section.
WLong
by NaveenDsouza
GoldViewFX - DAILY CHART UPDATED STRUCTUREHey Everyone, We have updated the daily chart significant Goldturn support and resistance levels. The daily chart price is at a critical zone central zone. We saw price challenge 1804 Goldturn but we need to see how EMA5 reacts to this level. EMA5 is crossing ma200 on market open, which may provide the momentum needed for further move below 1804 but can easily retrace back unless we see EMA5 cross and lock below 1804, which will give us the confirmation of a breakout into the range of 1741, instead of a fake out. A EMA5 rejection at 1804 will see price head back to challenge 1858. We will keep a close eye on the daily chart structure and keep you all posted with any changes. Please don't forget to like, comment and follow to support us, we really appreciate it! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
10
ACE OF WATERS - US Dollar (DXY) Index - Daily (75%w 8.5 R/R)Not the greatest ROI due to not trading a high frequency. However, 75% win rate with a profit factor of 25. Winning trades yield about 8.5x as much as loosing trades. Only trades about 60x per year and typically holds winning trades for about 6 days. Avg trade returns .65% ROI. Largest floating/running drown down during any given trade was .78% with the largest closing loss of .14%. Slow and steady long term strategy with minimal running drawdowns with low risk, high return. Be like water my friends. ACE OF WATERS will be available for copy trading in MT4 - MT5 library soon.
INDEX:DXY
by Neev3009
Nifty's Daily Chart AnalysisHere I brings you the daily chart analysis of NSE:NIFTY Going back to 23 march 2020 Nifty 50 found a strong support of a trendline and never go below that trendline until 23 November 2021. But on 22 Nov 2021 , it gone below the trendline but still managed to close above trendline. on 23 Nov 2021 it opens below the trendline but closed above it. similar story for 24th and 25th November But 26th November was the day when Nifty Opens below the trendline and closed far below it... that was the day since nifty never gone above it. On 12th, 13th, 14th and 17th January 2022 it again tried to go above the previous ( Solid Dark ) trendline but failed to do so, and pushed below the newly formed downward trendline ( Dotted Trendline ). Nifty again tried to cross above the new trendline on 2nd and 10th February 2022 , but failed. From last six days Nifty continuously trying to go above the dotted line but every time it got rejections . Conclusion of Analysis:- 1. Nifty may remain in the downtrend until it crosses the dotted trendline and sustain above it. 2. If it succeed to cross above the dotted trendline, Nifty may remain in a sideways trend until it breakout the 17800 zone. This Analysis is not a trade recommendation, this study is purely for education purpose only, Do your own Study and Research before getting into any trades.
NSE:NIFTY
by Abhi_The_Chart_Reader