There has been a long bullish trend in Xau/Usd and the price is now at the moment in the weekly resistance zone and also soon at the top of the channel. That means we could see a potential pullback to 1296 zone where the latest bullish push was, where the price also broke daily resistance that is also the reason why i possibly see the price dropping, cause when...
USD Looking weak, DXY Falling wedge EUR Looking strong, Hitting support soon Lets go !
Happy Sunday traders, I hope you're ready for another week of quality trading. As I start my top down analysis for the week, one of the pairs that remains on my radar is the USDJPY as we open the week with a head & shoulders top pattern. The head & shoulders pattern is a classic reversal pattern & after last weeks bullish breakout on this pair. Price has rallied...
Anticipating a push to the north as we are seeing some slow downs from the sellers at the moment.
EURAUD possible direction. Trading plan marked on the chart. Note: this is not a trading signal, please perform your own analysis and trade at your own risk. happy trading!!!
Earlier in the week we did some higher timeframe analysis on the AUDUSD and saw that despite being in a bearish trend, we've reached a level where the sellers may be losing interest & could be in store for a potential reversal. A classic way that the market reverses is in the form of a Head & Shoulders pattern. Thus far we have 3/4 of the pattern complete as...
That grand slam breakout should be near ( lets hope BTC price stabilizes )
$VMW The sma50 acting as dynamic support. Low volume (0.49x) bounce today. Good growth numbers. Looks like a good entry area with a stop on close below the sma50. Earnings on 8/30 amc.
Keep an eye open for a potential bullish move on the USDJPY 4hr with the formation of this classic breakout formation called the ascending triangle. Akil
Hi guys, this time we're going with the trend and we're not anticipating any kind of reversal. Instead, since we saw a recent break and close above the Previous Resistance Level (pointed out in the chart) we're now looking to ride the trend untill we get to the next reversal point that will come all the way up to 1,5780. So i went on lower timeframes such as the...
Hello Fellow traders, Here to an other very simplistic yet very efficient BTC analysis. I posted an idea yesterday telling you we where approching a major resistance point. Well the time has come and BTC has now confirmed this resistance by surprisingly and accuratly bouncing on our predicted key point. We now eye the prey with focus and patience. It might...
since TRON was traded mostly with BTC and ETH its will not go anywhere, if we see TRXUSD in the near future, it will significantly move the marketcap i think, so, what i will do with this crypto? according to the chart, we can see what make the market move before, all moving average met together, which is investor and trader were moved with the same idea, they...
What is Ethereum doing? I'm evaluating these two markets (ETHUSD & ETHBTC) in one post And the violet price line in the background is BTC In the 1h chart we are seeing something cool ETH for the breakthrough of its second max ETH for the breakthrough of its second min Kindof looks trapped in the corridor These guys seem Ethereum's new bff also Of course...