EURUSD - LONG TERM VIEWFX:EURUSD is currently trading in a range on weekly and daily basis.
The crucial resistance level is 1.14246.
The next two crucial levels are 1.15924 and 1.17006.
If the trend line and the range breaks, these crucial levels are the next to reach .
The forecast line is being followed from 2016, at 2020, we have seen a big volume when the price reached near to this line again.
Trade Details :
Trade Active: When range, trendline breaks
Entry at or below = 1.14246
Stop Loss = 1.11679 , or the Red Forecast Line
Target 1: 1.15924
Target 2: 1.17006
Trading period: 5-6 weeks or longer
Take your trade only after doing your own analysis and plans.
Happy Trading :)
Multitimeframeanalysis
AWC is "On Time" for a move upThis one to me looks great on multiple timeframes with technical's and price indicating evidence of bottoming with another move higher.
Short term conditions -
Long term conditions -
My stop is 1 ATR below the .618 level and target is 2.20which represents a very good risk to reward ratio of 1:5 at current levels.
BTC $BTC #BTC Maybe in 4HDear Friends
Tomorrow is the last week of the year and maybe the price will have volatility until a higher important zone(53-54).
Disclaimer: Information is provided only for educational and exchange purposes only.
Do your research before taking any action or decision in the real market.
COALINDIA LONG-TERM VIEWToday COAL INDIA closed over 200-day EMA backed by a high volume trading.
Also breaks the downward weekly trend-line followed from August 2015 on a daily basis. If it stays above the trend-line for this week, we can go long for couple of weeks.
Next Support levels to watch:
Support 1 = 162.20
Support 2 = 172.80
Check out the link to my previous Swing trade idea for COALINDIA.
Happy Investing :)
This summer will be an amazing time to buy bitcoin!Patience brings profits in this analysis I dissected best areas to get active in a major way. Through a fractal understanding of the market if you know how the 3 scenarios I drew go then we can take that knowledge down to a 5,1 min chart and operate off of the same bases and bank some huge profits. This is not financial advice, I draw my charts like this in order to prepare for volatility, like if you agree!
Gold - XAUUSD 2022 Full Top Down AnalysisTraders,
Happy New Year. As this is the start of a new year we reset our analysis and start afresh . Gold is showing some of the very important patterns to trade in 2022. Using our fibonacci based FCP analysis and candle stick patterns, we try to anticipate and forecast the bias and possible levels in XAUUSD. Gold is expected to be bearish this year but we must trade what we see so in this full top down analysis we try to see various scenarios that Gold can play out and how those scenarios can turn into trading opportunities.
Markets can be very fragile in these first few days of the year so be careful.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
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✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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