EURUSD we see that the pattern has formed a double top. After pulling back on the neckline,we can get sell position .
what is your opinion ?
Iran
A prediction for eur/usdIn this post, we analyze the most popular Forex currency pairs, the EUR / USD or the Euro against the US Dollar. We identify important areas according to the fundamental news and modern price action and predict the signals.
A sharp drop in prices
Members of the Federal Reserve and the US Treasury Secretary commented on the decision to control inflation and reduce unemployment
Unemployment data from European countries such as Germany and France were also released.
European countries and the United States are in the post-corona era, accompanied by rising inflation, rising prices of labor and goods and services.
Rising inflation, on the one hand, and corona restrictions, on the other, have led to rising unemployment in Europe and the United States.
Federal Reserve
According to Mr. Powell, it is assumed that by the end of 2021 there will be no significant change in interest rates and inflation, and this will cause the dollar to depreciate.
Technical
The value of the euro against the dollar has reached one of its lowest levels in history, which was above the level of support from July 24 until yesterday. Level 1.156 is a strong resistance which is crossed several times during the night
The 1.159 ceiling is also an important resistance that was broken several times last night.
Forecast
I think the market is waiting for US PMI data to determine if the dollar is still falling. But according to the main news, the PMI is likely to be lower than expected.
This could weaken the dollar and strengthen the euro.
Signal
Buy between 1.157.6 and 1.157
Profits 1.159.8, 1.16, 1.162 and 1.165
Losses 1.156 to 1.155.5
Please read this prediction and comment
BTC Challenge Hi
I hope you have made good investments
Given the good support we see for Bitcoin in this uptrend, I expect it to rise to its core resistance.
what is your opinion ?
usdcad analysisIn the short term, there is an uptrend that is resisting at 1.27.
In the 1 hour time frame, there is a downward trend that started on September 20 and this trend continues due to the formation of successive H and L.
The downtrend will continue unless the price can cross the resistance level of 1.273.
Data on Canada's PMI and GDP will be released on Friday. This data is very important for the currency pair because it can have a direct impact on the value of the Canadian dollar against the US dollar.
In a period of 15 minutes, a triangular pattern is seen
However, in the downtrend, the price is likely to continue to the main level of 1.26 and then 1.258.
The stop loss in these transactions will be more than 1.273
xauusdI see a head and shoulder pattern in 4 hours time and I'm waiting for it to descend from the broken shoulder line to the blue line of support.
My idea is a short positionGold is in a 4-hour chart inside a strong bearish channel. In the lower chart, it is inside a descending channel, which must reach a price of at least 1770 to reach the ceiling of the channel.
According to US news, the Federal Reserve and their decision on bonds and interest rates, the dollar is unlikely to fall this week.
The idea of most traders is a long position. But I suggest the short position until the end of the market working hours.
Please like and follow me
Downtrend IN EURThe euro is in a downtrend that hit a two-day low on Monday.
There is an FOMC meeting tonight and we will probably have a dollar pump after this meeting.
We also had a dump, after which a rectangular pattern was formed, and since the long-term trend is downward, the probability of reaching the bottom of the channel is high.
XAUUSD Levels Because the characteristic of gold is in a corrective process and if the resistance is broken, it can reach its next resistance.
If it falls below this resistance, it could reach the price of 1740
This is a personal analysis and not an investment signal.
be happy
ALGOUSDT Challenge It can make these targets successful after failing after pulling the triangle
This is a personal analysis and not an investment signal.
be happy
EURUSD chart forecastIn the name of God
Hi
The current price is in the range ( blue BUY ZONE ). Several modes can be considered:
1- The price should move upwards and towards ( SELL ZONE ) after a pullback. ----- LONG
2- The price should move upwards and then downwards after a pullback. Simply put, a volatile market.
3- The price should move downwards and towards ( purple BUY ZONE ) after a pullback. ----SHORT
Of course, given the economic data that is about to be released, and given the level of support that exists, it is very unlikely that the price will move below the purple ( BUY ZONE ) level.
In my opinion, the bullish market and the volatile market are the most likely.
Also, since the chart is in a downward trend, the floor and ceiling of this canal are a good place to enter.
This is my first analysis. I hope you help me become a professional with your good comments.
The volcano is offHi guys
As you know, the TRX currency has grown well over the past few days. But now it is in a resistance zone. But the 4-hour trend line is very strong. I think he will see the previous ceiling soon.😉😉❤
It is not a buy or sell offer🤣🤣
EURCHF Challenge I expect this chart to have a double top model
And it can be entered after the failure of the support area and the pullback when we get the confirmation of entry
This chart can be placed in your watch list
This is a personal analysis and not an investment signal.
be happy
CHFJPY ChallengeIf we look at the pattern of the triangle, we see that it tends to be more downward and has now reached a good position
My impression is that in the coming days, we can have this chart in the watch list and make good profit from it
This is a personal analysis and not an investment signal.
be happy
TOMO Challenge After the strange fall of Bitcoin and most of the TOMO market, it was able to be in its support range and after a few days it could be out of this range.
This movement is predicted for this chart
This is a personal analysis and not an investment signal.
be happy
GBPCHF DailyI think this symbol is in wave 4 correction.Our trigger for entering is leaving the rectangular area, which is in the shape of a flag.after that , wave 5 will start
BULLISH TRAP : BTC Massive DUMPGreeting from IRAN to whole trading community
What Is a Bull Trap?
A bull trap is a false signal, referring to a declining trend in a stock, index, or other security that reverses after a convincing rally and breaks a prior support level. The move "traps" traders or investors that acted on the buy signal and generates losses on resulting long positions.
Whales has started a massive DUMP on Bitcoin on 7th Sep 2021 19:10 !!!
They dropped the price about 7.000$ and had reached to 42.000 in less than half an hour
When price had dropped massively , many traders come to open their 'Short Position"
And that's the best SPOT for Whales to do their "BULLISH TRAP"
Right after that massive full body Bearish candle closed (5m TimeFrame) , They start to buy all the orders and PUMP the price about 6.000$ or 15% in only 5 minutes!!!!!
THAT'S WHERE THEY CAN LIQUID TRADERS ABOUT 2.700.000.000$ IN LESS THAN AN HOUR!!!
So notify that "Cryptocurrencies" is a market that whales can affect it easily , Future trading is high risk so manage your levrage and money in order to avoid such these attacks
Wish you best of LUCK ☘☘
Better call " SOL "Hola Sola!!
3.5 billion market cap, yeah not a big deal! what they do? k...
Solana is building the architecture of their blockchain based on Proof of History (PoH); a proof for verifying order and passage of time between events. The purpose of PoH is used to encode the trustless passage of time into a ledger. A Proof of Stake (PoS) consensus mechanism is then leveraged for confirmation of the current sequence produced by the Proof of History generator. PoS is also used for voting and selecting the next Proof of History generator node and for punishing any validators that act against the interest of the network..
Bye after lil correction
AUDCAD Broke Daily Trend DownI was waiting for this process to break and pullback, which is exactly what happened with candle yesterday.
An upward movement can now be considered for this chart.
Be sure to review your trading strategy
Manage your capital
Be happy
CHR/USDTThere is a partial roof and a resistance benchmark.
It will be very difficult to break the resistance area, but in case of failure it can move up to $ 0.78.
If failure occurs, we can have a price correction of $ 0.26 to $ 0.27.
wild dogHello guys, following the publication of the previous analysis, this analysis will be published for your further review. After a dangerous downtrend, we are now entering a safe uptrend. The most important resistance of Dodge is in the range of 0.4
This is just economic advice.😆😆
USDJPY ChallengeI think given the support that came from this chart and the upward movement, we can move within the range that is suffering.
I now see this trend going up, which is expected to follow this pattern of movement.
Important Warning: There is a lot of news this week and you should definitely be aware of it.
Be sure to review your trading strategy
Manage your capital
Be happy
EURCAD Compeleted | My New Layout 🔥It is clear from the figure that we have reached the goal earlier than planned and there are currently two scenarios to continue the process.
Scenario 1: The candlesticks move in the specified rectangular range as before and reach the bottom, in which case you can get a good profit by taking the sell position.
Scenario 2: Correct to the area marked with a red line, then prepare to exit from the top of the rectangle and be able to exit this area. In this case, you can make a good profit here with a buy position.
Be sure to review your trading strategy
Manage your capital
Be happy
