Price is currently testing $215. Will we respect this descending structure or will bulls regain control and break to the upside?
Hello traders! Currently, USOIL is retracing back from the key area. But I don't think it will drop from there because it's original target is 61.75. Below this, there is an important support at 50$ and I am expecting a sudden rise from there to 61.75. 61.75 is the point where people can look for the sell. USOIL is the only pair who give an exact point of...
Another pair that I had on watch last week and that I mentioned in my free weekly outlook. This pair gave a nice bearish close on Friday at a major key area on the chart. I am now short this pair and expect it to retrace back down to the lows. As before, I will lock in at break even at my alert, and ill be closing out some of my profits on the way down. If you...
could we see something like this play on GBPAUD for next week? a Break of the psychological key area of 1.93000 will indicate a strong bearish move to the downside.
As many of the coins have fallen down, KEY is one of the coin which made -91 % from ATH. As always, it needed a correction and when we think of crypto, these percents are quite normal. In October 2018, it had more than 40k BTC volume in 24 hours. And this why we are just waiting for the next bull run from KEY. As you can see in the picture, the green zone is...
A short trade on CadJpy. Price has been sold of on Daily time frame and as we can see price has then retraced into the 0.5 Fibonacci area. This is also a key zone for the pair and is acting as good resistance. I can see the next downside target and price action around 80.000.
Interesting key level and area to watch. There is an important support & resistance at 0.9875 since 90´s. In addition this area has been decision zone since early 2016. Downtrend line is active also. If it confirms below 0.9875 price could retest 0.9790 and keep going to 0.9655. Otherwise price could retest trendline and 1.0033 (short-term range).
DXY Long and picking CAD; PT: 1.3490 (2.6R/R pt) Entry: 1.3235 SL: 1.3135 (100pips=1R/R)
Firstly Happy Christmas where ever you are hope you are with loved ones and having a merry time. As all the Excitement is over now a bit of time to do some Tekkers. So one of my Goals for the coming year is to really get my tekkers on point and be a lot more methodical in my approach. We have seen this pair in a very bearish trend for the last few months....
Ethereum playing at key levels, under 0.01 btc for first time in +10 months. Green dot lines: remaining support levels Red dot lines: resistances level Grey/black lines: fractals of past behaviour of price in similar situations. Green straight line: All Time High Red straight line: All Time Low MACD looking bearish again, it failed (though it tried it) to show a...
The dynamic support, has arisen from the lows reached by the prices in March, sees right now testing its trendline. Although it seems to have been a breakout, it is important to follow developments in this area. The intersection of both levels should prompt us to monitor the market with extreme attention, precisely because of this area could have important...
American are still ongoing presidential, but judging from those that are temporary results Trump appears to be in the lead. The US stock markets price the news with breakout of important levels of short-term support. Analyzing the NASDAQ, we can witness the breaking of the support area in 4680-4700, an important area for the mid-term trading and the maximum year...
The AUD/USD shows clearly what are the key areas to be monitored. In previous octaves we saw resistance at 0.7700 always reject prices force. Despite all ,the market continues to be purchased every time prices from attempting a new descent, going to bounce on the long-term dynamic support. It is important to watch what will happen with the US elections, as a...
Looking for next directional tell as Silver sits in the pocket ready to bounce or continue the down trend.
Price movements in the Australian dollar showed important signals. We are facing a major area of resistance and a long-term dynamic support. The breakout of one of these levels would lead to important signals for our future operability. Follow closely what will happen in this price compression.
Short below multi-year key resistance level on Daily bearish price action. Potential Long-Term carry trade opportunity.
Steadily gaining since the end of last year, this pair has recently broken through a key resistance level around 0.79000 after putting in a daily breakout pattern. The swings on the 4 hour chart are very harmonic and even in size. They are increasing in time though. If we get a weak pullback into the zone around 0.79000 which lines up with the measured move...
Reasons for -As you can see we have Lower highs and lower lows -This shows us a clear down trend on the daily Timeframe -We have bounced from our key level at 2.00000 and have found some bullish momentum -As you can see we also have our trend line underneath Price -So essentially we are still up trending on the higher timeframes -The past day put in a long...