Get started

Swing-trader

USDCHF Will Break Soon!!! Scenarios & Key Levels: USDCHF keeps contracting within a classic symmetrical triangle formation. with a sequence of lower highs and higher lows the market is clearly trading in sideways. quite soon its gonna break and the side of the breakout with high accuracy will show as the future direction of the price. in case of a bearish breakout, the next goals for sellers will be 0.96 / 0.951 levels based on a daily structure. in case of a bullish breakout, the next goals for buyers will be 0.979 / 0.984 levels based on a daily structure. good luck!
Education
by VasilyTrader
8
GBP/USD Eyes 1.34 HandleFundamentally : Sterling refuses to push much lower, despite growing talk of a 0.25% interest rate at the end of the month. Turnover is limited with the US market closed in observance of Martin Luther King Day but any selling pressure is met by buyers and the downside for now looks limited. Technically Key level of 1.30 Psychological zone seems to be keeping the Pound above Bearish territory. Price Action suggests along with fundamental backing that Sterling will continue seeing a Bullish run amid post General Election Business sentiment. Break and close Below sees Bears return with next Bearish Target of previous Support at 1.28 - Although unlikely price may be pushed back into Demand zone of 1.22. This unlikely but still possible - only with unexpected high impact news driving a reaction validation towards this extreme low. For now, Bullish bias remains as Sterling creeps toward the upside.
Long
by HuracanFX
ETH 200USD soon ?!I've been looking at the charts and I am seeing a lot of breakouts in the market in general. I still believe BTC haves it lows to be seen, but it can go a bull run beforehand. ETH seems to have also broken out of a triangle, as we can next see 200 USD being reached. But this is not certain, so be cautious. Set stop-loss under the trendline and wait to see how this plays out. If the trend line holds up we can quickly see big gains :) If your stop-loss is hit wait to see if downtrend line will be retested, or if t=we will dive back under it.
KRAKEN:ETHUSDLong
by Yokoj
Nice short set up on CADJPY!!Hey guys Alex here! Apologies for the terrible mic quality and even worse commentating (ahah), but I hope you still got my overall point. Theres currently a lot of uncertainty in the US; *cough* Trump *cough*, and in times of relative uncertainty we often see a safe haven currency like the JPY gain some strength, as I'm sure you could see for the past 2 weeks or so. After a 2 week push we've seen JPY bulls take a little break and a retracement, profit taking,or correction, which ever you like to call it has formed. I do see push down resuming and am looking to enter short on the right price action, ie Doji candle or bearish engulfing. back down to the trendline that has been respected this entire year. Hope this helps and if you have any questions or commentary please feel free to ask or share, as long as its positive. Enjoy! Alex
Short
by MrPipProphet