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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
Short
by mohamadrezaKhorsand
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
OANDA:XAUUSDShort
by mohamadrezaKhorsand
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.
Long
by mohamadrezaKhorsand
2
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 ☘☘
by nima-mohammadkhani
5
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
FTX:SOLUSD
by amirsediq
3
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
by rasool_sdg