We can see price is trading in a descending channel. We have identified key short term structure levels in blue. The yellow key level marked is a respected long term level. USD has been weak across the board once again. Will we see a recovery and a bullish push for the reserve currency over the coming weeks?
We're looking around the 0.22 before another push to the upside. This area may come off a key level and psychological level in price, coinciding with a trendline bounce that has been respected for some time now. Lots of positive fundamentals around VeChain - lets see what happens! Interested in diversifying your forex investments with crypto? Drop me a message.
Last week we placed 3 buy zones on this coin in line with PA. Crypto flash crashed across the board over the weekend, and you could have picked up a lovely buy position off our second buy zone. We can see price is currently residing in and around our first buy zone. Is this 4HR bearish candle another pullback before a push to the upside?
Two potential price paths have been identified on the chart above. Price is currently residing at this key level so lets see what happens!
This pair has fallen around 220 pips since an initial entry was identified. Price broke this ascending trendline, retraced to a key level in price on the LTF coinciding with trendline rejection with wicks forming to the upside. Zoom out and you'll see GN is at the top of the range and through cross analysis you can identify that this currency pair is strength vs...
We've seen UCHF pull back recently. Price currently residing at a key level of support where price has bounced off previously. We have seen bulls sitting at this level. Will price make its way back up to our middle key level following our price path? For more information on forex, just drop me a message!
Check out these break and retest setups. Using technicals on larger coins adds weight and allows you to identify higher probability entries. We can see price breaking through key levels, retracing before another push to the upside off previous resistance levels. We can see price has stayed above our ascending trendline for sometime. Interested in Crypto or...
Ethereum - Daily Chart Zoom out for the bigger picture. Crypto investments can offer a great way to diversify your portfolio! We have identified two potential buy zones on Eth. Lets see if price does dip to one of these levels. Patience is key! Disclaimer: Crypto investments carry a high level of risk and you should only risk money you can afford to lose!
Some really key technical elements on this chart you must be aware of when trading forex: 1. Key Levels in the Market. Where price has tested this level as support and resistance. 2. Triple Top Formation - Price has tested and failed to break three times. Reversal indication? 3. Break and Retest Setups - Trending markets where price has broken through...
Will we see retracement to start the week on this pair before another push to the upside? Keep an eye on our marked key level! Wishing everyone a fantastic trading week!
We can see price has been respecting this trendline. Price is pushing to previous highs. It'll be interesting to see what price does at this level. Will we see bears enter the market and price test the ascending channel, possible break and reversal to the downside. Also marked are potential key levels in the market that price may respect either as support or resistance.
Price has bounced off our key level and continues to push to the upside after a small retracement. Will EURO continue to gain on the JPY in a very fundamental week? Watch out this week. Follow an economic calendar and news websites for up to date fundamentals! Have a great trading week! Like always, any forex related questions please don't hesitate to drop me a DM!
Price broke out the range to the downside and is retracing to potentially test this key level as resistance. If we see the confirmation at this level it could be a great opportunity for a short position.
Price has broken out of our range to the downside. Price has retraced and testing previous support as resistance. Can we expect further downside movement? Have a great trading day!
We can see this position still running profitably despite a pullback at market open. In line with our long term directional bias and LTF price action. Lets see how this develops over the coming days. Have a great trading week all! And any questions you have about this set up please don't hesitate to drop me a private message!
We've seen bears take over this market respecting a downward trendline. Will we see price continue to the downside for the rest of the week?
Bears have taken over this market as USD strengthens across the board. Could we some retracement and rejection at our long term key level to enter a short position in line with the HTF trend? Lets see how price pans out during NY.
Price has been respecting a long term trendline and currently testing this level once again after hitting January 2018 lows! Will we see a breakout this week and AUD release across the board? Keep your eyes on this pair!