ETHUSD has retraced to the uptrend support and the daily support giving us a confluence of support nice buy the dip opportunity here.
Analysis Summary -Market in last 24hrs -BTCUSD saw a downtrend -Price volatility was high. Market moved ~2.5%, between $9.1k and $9.33k Today’s Trend analysis -Price sees support at 9150, CCI in oversold region -Price at time of publishing: $9,180 -BTC’s market cap: $169 Billion -Oscillator indicators are mostly neutral. RSI at 42 -Moving average indicators...
# Resistance broken # Tested as support # Buy signal completed (bullish engulfing) I am entering at market price 1.72024 with # SL below the engulfing pattern @ 1.71535 and # TP higher up around resistance @ 1.74815 To learn the dynamics behind this trading strategy please join my mailing list at www.profitfxza.com Always exercise good risk management. Don't...
Let's see if this coin has one more leg upward in it...
Hi guys I can see double bottom formation on GOLD 1H TF chart and this area is a powerful support zone we can enter the trade after 1222 price level breaks.
In premarket will it smash through, take its time or fall back down?
Hi guys, on the higher timeframes, like the daily, this pair is in an uptrend, because it broke to the upside the most recent resistance (upper black line). Now, until we broke a support to the downside, the trend will be considered bullish. Therefore, it makes sense to look for trading opportunities on lower timeframes, when we see there's higher timeframe...
there is a power resistance on that zone if break its bullish trend is very power
As we can see on GBP/USD Chart the price already hitting the supply zone and there are 2 scenarios that will happen, just wait for confirmation on where the price will be going. safe and happy trading DailyFx Forecast GBP is neutral USD is neutral Volitality is 2% Trend Bearish Outlook Bullish
Price stays down, after breaking the observed apparent support, wait a signal indicating the weakening of this fall.
Price hitted Daily support area with an oversold RSI. Probably we will see some rebound on this pair till the hourly trend.(0,752 aprox). Then we should wait for a breakout to project the bullish movement till the next maximum level(0,758).
Micron is at it again with it's normal ups on earnings, and down for no news.
The bullist are in control. USA wants to keep the dolar cheap, that scenario reinforce the technical harmonic expectation to reach target 1 and maybe 2.
Target 1: intersection of 38.2 bull and 50 bear fib rays. Target 2: intersection of the 50 bull and 50 bear fib rays.
Potential long position as the trend breaks resistance and shows indication to carry on bullish movement due to hammer candlestick pattern