BTC, nasty drop pendingThe price looks super bearish and it has formed some sort of a descending triangle. We are expecting the price to keep dropping, break the highlighted area of support, and reach the previous Low.
What do you think, family? Share your thoughts and opinions in the comment section below!
Investroy
EUR/USD, possible SELL areasAs it can be clearly inferred from the chart, there are two possible Sell zones plotted out. Our bias is bearish for this pair, therefore, we are looking for sell opportunities. After a massive drop to the 1.178 level, the price went up for a correction. It is impossible to predict when the correction will end, but we will be monitoring this pair closely and looking for short positions around the zones illustrated on the graph
USD/JPY, 2 possible scenarios The price is currently testing a previously broken structure. Was that bullish move to the upside a correction move? Or will the price keep rising and create new highs? We never know, so instead of predicting, we follow what we have at the moment. If the price manages to break the structure and come back for a re-test, we are gonna BUY and aim for area identified on the graph. On the other hand, if the price manages to create a nice top and reject the structure, we are gonna sell and aim for a new Lower Low.
Feel free to share your thoughts and opinions in the comment section below, family!
EUR/USD, detailed outlook Same as the GOLD analysis posted a few minutes ago, we need more confirmations for EURUSD before opening a valid positions. Hence, we are waiting for a classic breakout+retest of one of the boundaries of the small ranging box before going long or short on this one.
Feel free to share your thoughts and opinions in the comment section below, family!
GOLD, where are we headed next?The price is trading within the borders of a sideways moving rectangular box. It is kind of indecisive as of right now where the price will be moving next. Therefore, we will be waiting for a breakout and a retest of one of the boundaries for a clear picture. Everything is clearly illustrated on the graphic.
Follow your strategy, risk management, and never let emotions get into the way.
Happy trading, everyone!
GBP/JPY, MASSIVE DROP PENDINGThe overall trend is bearish. A massive corrective move happened by the end of last week and now the price is around a crucial key zone. A massive bearish candle has been formed and it looks like the bearish continuation will keep continuing. We have opened SELL positions and set our target at the zone identified on the chart.
Have a nice trading week, everyone!
GRT > Trade Setup > Buy and Sell SetupHello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of GRT .
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
GOLD, detailed analysis and interpretationHey, fam, hope you are doing all fine. As you can clearly see from the chart, we are waiting for more confirmations before opening positions for XAU/USD. If the price manages to close above the minor zone of resistance, we will be looking forward to buying and aiming for the target plotted on the chart. On the opposite side, if the candles close below the minor zone of support, we will be opening short positions and aiming for the 1753 price zone.
Feel free to drop your thoughts and ideas in the comment section below, fam!
BITCOIN, update and what are the next steps?Our bias for Bitcoin still remains the same. We are aiming for the upper boundary of the rectangular box that the price is trading within. As it can be inferred from the chart, the price has formed a Head&Shoulders pattern and is now dropping. We are expecting the price to keep falling till the major zone of support. Afterwards, we will be opening BUY positions and aiming for the Target identified on the graph.
GOLD, drop it like it's hotOur bias for GOLD still remains super bullish. As it can be noticed from the chart, the consolidation phase is slowly coming to an end and the price tends to continue its downside movement. If the price manages to close below the zone of support illustrated on the graph, we will be looking forward to opening SELL positions and aiming for the area plotted on the graphic!
Feel free to drop your thoughts and ideas in the comment section below, fam!
USD/JPY, detailed planAs it can be inferred from the chart, the price has formed a juicy uptrending parallel channel and has nicely rejected the upper boundary of it. There is certainly more room to the downside from here. Therefore, we are expecting the price to keep dropping and hit the lower boundary of our channel. After the first destination has been reached, we will be looking forward towards opening BUY positions and aiming for the 111.000 price range
Good luck, everyone!
EUR/USD, where are we headed next?Hey, everyone! Happy Monday and welcome on our EURUSD analysis for today. The price is consolidating at the moment and we are expecting for it to break out to the upside and reach the 1.2 price zone. We have set our target at that area for the following reasons. Firstly, we can clearly observe that the identified target is a powerful area of resistance once acted as a zone of support. Secondly, the 0.382 Fibonacci retardement level coincides with that powerful structure. Last but not least, 1.20000 is a very important psychological area, meaning that a lot of traders are aiming for that mark
Feel free to share your thoughts and idea in the comment section below, family! Have an awesome week ahead
BITCOIN: update on the beastHey, fam! Remember the Bitcoin idea that we posted last Thursday? It is still relevant and playing out according to our analysis. Over the course of the weekend, the price dropped once again in order to visit the 31000 price zone and create a juicy Double Bottom. Now, we are expecting the price to keep rising and hit the Target previously identified.
Have and awesome trading week, everyone!
EUR/JPY, no worries, bears got thisThe price looks almost ready to start dropping and reach the previous Low and even below that zone. However, we might expect the price to visit the 132.6 zone of resistance once again, before starting its downside movement. We will monitor this pair closely and look for appropriate entry points!