eurusd low risk intraday I see that there is a tendency to increase prices like what I analyzed yesterday, I see a low risk area with a pretty good entry point, whether it works or not, but I think it's worth a try
I will research this technique further to get a good risk reward and those of you who read this analysis will be living witnesses of my trading technique
Freesignal
eurchf weekly chart we see that eurchf is starting at its limited point of decline, is there going to be a reversal? Ah, I don't think so, or maybe I haven't been this year. but what i know eurchf is worth monitoring for the next month and weekly support is a good probability to make a long position
BTC Still in his Conditionshello everyone I hope doing great
as we said in the previous analysis chart that pined here we have a little falling for BTC and after that BTC will rise to 42~43
all you need to know is in the chart
look closely and make your position smartly
this is just my idea and not a financial advice
leave a comment
RENUSDT long postion Possibilityall you need to know is in the chart
look closely and make your position smartly
this is just my idea and not a financial advise
AUD/CAD MAY BE GETTING READY TO GO UPAUD/CAD finally reached the support line (coming from our SELL call earlier on), and may be getting ready to start coming back up.
If the daily support is steady, we will be looking at buying AUD/CAD at around 9028. Our Stop Loss will be around 8968.
A candle on the 4-hr chart at the least must close fully above the Support line before we can BUY.
Good luck
fb @ForexGoldandOil
USDJPY ShortFOREXCOM:USDJPY
1st scenario: The Pair is now at a resistance and we are expecting a strong downtrend
2nd Scenario: The pair can also break the current resistance level and restest at the strong resistance and a strong downtrend
Stop loss : 115.60
TP1: 114.30
TP2: 113.30
TP3: 112.80
Telegram: fang100fx
ETH/USD trade updateETH/USD trade update:
Okay so when we look at the chart we can see that the price did break the zone of interest and is now testing the first green support that we can see on the chart.
What I am looking for now is for a reversal here. We can see that we are also close to the 0,618 level of the Fib. What could also be an important zone for us to see a reversal here.
If we do not get a reversal here we will go to the green support zone below this one. That is also a Fib level there on the bigger time frame (0,382) that was important in the past.
We can also see that the price is below all the MA’s that are on the chart. That does is bad because when we have that we have a sign that the price is bearish and not bullish.
What we can also see now is that the price now is on a Fib. Retracement on the big time frame (0,382). This retracement is from 0 to all time high. So we can say that this should be a good sign for a reversal. Because normally the bigger the time frame and price range is the more it is viewed reliable. As long as we do not get a close below that level than I am bullish for now.
I will give an update here when it is needed.
If you have any questions feel free to send me a message.
If you like the idea do not forget to give it a like and feel free so share your idea on this in the comments.
Everything you see on my profile is just for educational purposes only.
Thoughts on Bitcoin's likely direction (down then up)
Looking at Bitcoin currently, we can see a local ascending broadening wedge after that recent downswing. This is pointing to some further downside to complete a likely falling wedge on the 12hr chart.
Likely scenario we see play out is downside to test ~43.5k then start a rally around Christmas'-NewYears towards 68k to try and set a new ATH
See previous Ideas posted on Bitcoin for further thoughts & breakdowns on BTC & it's future PA.
Likely 10% down followed by a slow 50+% move, will update as PA is available.
INDEX:ETHUSD COINBASE:ETHUSD BINANCE:ETHUSD BINANCE:ETHBTC COINBASE:ETHBTC INDEX:BTCUSD BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSD BINANCE:BTCUSDT COINBASE:BTCUSDT
EUR/USD regains the smile following recent strong pullback. The EUR/USD regains the smile following recent strong pullback.
The YTD low at 1.1272 emerges as the next support.
EUR/USD regains some buying interest after bottoming out in the proximity of 1.1310 on Tuesday.
The bias appears tilted to further retracement in the very near term. That said, a deeper decline remains on the cards if spot breaks below the weekly low at 1.1314 (January 18). Such a move should open the door to a test of the so far YTS low at 1.1272 (January 4).
The longer term negative outlook for EUR/USD is seen unchanged while below the key 200-day SMA at 1.1722.
EUR/USD daily chart