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Dailychart

CTM in descending triangle and thoughts on a breakoutDescending triangle pattern looks like being established, although I'd like to see three verifications of the pattern rather than the two we have here. I am considering the following three possibilities going forward... Option 1: Breakdown within triangle to 0.465 before resuming upward trend. Option 2: Breakdown out of triangle to 0.395 (top of 'GAP' and 200 day average) before resuming upward trend. Option 3: Breakdown out of triangle to 0.345 (effectively filling the 'GAP') before resuming upward trend. I have seen the GAP filling idea in operation before, but can't remember where. It will be interesting to see if that happens here.
ASX:CTMLong
by Mugginns
EUR/USD Daily Chart: Short-Term Long to Monthly 0.5 & FxSignalsFollowing the previous analyses, we've taken a trade long on the EUR/USD pair. We expect current demand to bring the price up to the monthly 0.5 level of resistance, then we'll close out this very short-term trade and watch for an opportunity of changing hands and re-enter in favour of the monthly short side. Wish you guys good trading and if you enjoy this analysis, please give me a like and share your ideas on the comments section, I'll really appreciate feedback from you guys and I promise to read and reply to each and every one of them as soon as possible. An amazing week for all of you and until the next post! :)
Long
by acsedward
2
EUR/USD Medium-Term Analysis: Daily Chart Breakdown & FxForecastIn this analysis, we're laying out our strategy for the Euro (EUR) against the U.S. Dollar (USD) for the coming weeks and months on how we'll be trading this pair, taking into account monthly chart long-term Fibonacci support and resistance levels, together with daily price action analysis and current supply and demand levels in this market. We'll be tracking price action closely making updates on each daily candle and a short summary on each weekly closes. The market is currently bound by a range between the monthly 0.618 & 0.5 levels. Wish you guys good trading and if you enjoy this analysis, please give me a like and share your ideas on the comments section, I'll really appreciate feedback from you guys and I promise to read and reply to each and every one of them as soon as possible. An amazing week for all of you and until the next post! :)
by acsedward
EUR/USD Short-Term Analysis: Daily Market Breakdown & FxSignalsIn this analysis, we take on the Euro (EUR) against the U.S. Dollar (USD) on a multi-timeframe analysis, going from the monthly line chart higher-timeframe, long-term market cycles and current Fibonacci levels, to the weekly candle chart and short-term projections, to the daily current supply and demand zones, support and resistance levels. The EURUSD market is currently at resistance levels and we're expecting a move to the downside on a nice short with good risk to reward ratio and good probabilities for a short-term swing trade. Wish you guys good trading and if you enjoy this analysis, please give me a like and share your ideas on the comments section, I'll really appreciate feedback from you guys and I promise to read and reply to each and every one of them as soon as possible. An amazing week for all of you and until the next post! :)
Short
by acsedward
Daily chart show a bought signal on Ethereum!!!Ethereum in Daily show us a good signal to buy Ethereum approximately between $380-$383. As we see in Daily, Ethereum is into this bearish channel, but the expectative show that Ethereum in Daily using the price action is prepare for the next massive bullish movement!!! We see a bullish hammer, that mean that investor bought Ethereum!!! We could see that Ethereum is prepare it. Now, in weekly timeframe we see that Ethereum is formed a next bullish movement. In weekly is bullish and we hope that Ethereum go up!!! So, I following the Daily chart and I have my position at $380 USD as my buyr oder limit with a SL at $367 USD and my target profit will be $418 USD. So, Ethereum show a good trade between this and the next week.
COINBASE:ETHUSDLong
by harisonhbn9718
1
Fundamental and Analysis: Euro sinks for covid-19 cases!!! AlertIn the H1 timeframe. Euro see bearish pressure right now, so, the price is broke down the bullish channel and we hope a drop of 1.02%, that is 120 pips of profit!!! Lookin in Daily, the expectative is so bearish. And in H4 timeframe, I want to share you any thing. We see a bullish BAT, we see in this formation of this harmonic pattern, it's a great oppotunity of indication to continue sell Euro!!! Now, I want to share my fundamental key to take in noticed what happened in the European Union this week: 1. Euro is under pressure on lockdown fears ahead of macron address. 2. Euro fell against the dollar today as following a media report that France's government was leaning toward retristions a national lockdown to curb a resurgence in coronavirus cases. 3. France considers national lockdown about the announcing a new one-month more national lockdown to combat exploding numbers of covid-19 ases . 4. Euro to U.S. Dollar falls as France and Germany at further lockdown. Eurozone sinks as economic outlookds dims and suffere that Eurozone's two largest economies are considering new covid-19 restrictions. So, in my opinion, investor are selling Euro, becuase we see a bad point that France and Germany has covid-19 explode record and their governments need to put any restrictions and rules to take control in the Europe nations. That has a warn on the Euro!!! Goodl uck on this short position!!!
Short
by harisonhbn9718