Based on market crash a few weeks ago, USD from a personal perspective is looking bullish as it is trying to pick up with Trump pumping 2 trillion USD to prevent a market collapse. Eurusd looking bullish. Look for entries in the blue zone.
There is room for short-term SHORT positions Long Term LONG Entry is after the realization of short-time selldown to3784. This is not a financial advice.
After a small return, it will be quite bullish
Step #1 How to Identify the ORB Nr4 The ORB pattern is defined as a trade taken at a fixed value of the opening range. The Opening range Breakout trade is more effective if taken after an inside day that has its daily range smaller than the previous 3 days, which is where the Nr4 stands for. You have three candles followed by another candle with a daily range...
1- 0.8200 and 0.830 support/resistance round levels rejection 2- Objective Trendline IN BLUE 3- one histogram divergence on MACD in blue Waiting for a momentum candle close below our last swing standing to sell
We expect this pair to fall because of the BEARISH FLAG, there will be 2 things that we expect when we reach 0.7470 1. Rejection that will form double bottom with target 0.7860 2. Breakout that will satisfy the bearish flag continuation with target 0.7235 OANDA:USDCHF CHECK OUT & LIKE FACEBOOK PAGE facebook.com whatsapp: +267 71738431
Welcome! I've been learning/practing technical analysis for awhile now and have recently learned a lot about price action. I plan to publish my thoughts at least once a week. My goal is to practice, improve, learn and hopefully share some knowledge with the community. Please feel free to challenge and question me (respectfully). This is also not financial advice...
Here at Sublime Trading we do not believe in re-inventing the wheel with some of the techniques that we use when it comes to technical analysis. Before the internet, charts were drawn by hand and for that reason, old-school traders were very selective with the information they put on their charts. Charts were clean with the main focus being on price. A handful...
Technical analysis: ETHEREUM/DOLLAR is in a range bound and Resumption of up trend is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index ( RSI ) is 37. Midterm forecast: While the price is above the support 553.100, resumption of uptrend is expected. We make sure...
The Gold has been rising from mid July and the price action is still forming Higher Highs and Higher Lows which indicates trend continuation. If the price will reverse before reaching 1333 level, look for an entry signal to buy. Entry signal for me is a bullish candle closed above highest point of last bearish candle. TP1 is at level 1354 TP2 is at level...
Previous support becomes resistance and the market break that
Same play as i posted before on the 4hr chart but this time on a smaller timeframe. (attached in the related links) Same rationale as well as there is clear selling pressure building from the triangle/wedge pattern from the last few days. Expected price target for this play is 130.90