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CADCHF: Accumulation & Indecision 🇨🇦🇨🇭 CADCHF is stuck between 2 key horizontal structures. The price formed a narrow range where trading volumes are currently accumulating. Depending on the reaction of the price to the boundaries of the range, I see 2 potential scenarios. If the price breaks and closes above 0.6532 the resistance of the range, it will be the important sign of strength of the buyers and with a high probability growth will continue. Next goal will be 0.657 If the price breaks and closes below 0.659 - the support of the range, a further decline will be expected, at least to 0.647. Wait for a breakout, it will give you an accurate and reliable confirmation. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
1
EURUSD: Bullish Continuation?! 🇪🇺🇺🇸 I see a classic bullish pattern on EURUSD: a bullish flag. After a completion of a bullish impulse, the price started a correctional movement within. With a yesterday's bullish movement, the market managed to break and close above the resistance of the flag and set a new higher high higher close. For us, it is an important bullish signal. I think that the market may keep growing to 1.0921 level soon. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
1
GOLD (XAUUSD): ATH Ahead! What is Next? 🥇 As I predicted today, Gold keeps growing. Analyzing a daily time frame, we see a confirmed bullish breakout of a resistance line of a bullish flag pattern - very strong trend-following signal. It looks like the price is going to retest ATH levels soon. Because the global trend is strongly bullish, we will most likely see its bullish breakout. If the price breaks and closes above the underlined blue area, Gold will most likely go much higher. Be careful! ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDLong
by VasilyTrader
5
MarketBreakdown | EURUSD, BITCOIN, CRUDE OIL, EURGBP Here are the updates & outlook for multiple instruments in my watch list. 1️⃣ #EURUSD daily time frame 🇪🇺🇺🇸 EURUSD is trading in a bearish trend on a daily. The price is falling steadily within a falling wedge pattern. With a recent correctional movement, the price reached the resistance of the range. A trend-following movement may initiate soon. Alternatively, a bullish breakout of the resistance of the wedge will trigger a trend reversal. 2️⃣ #BITCOIN daily time frame ₿ After a very bullish movement on Friday, the market violated a resistance line of a falling wedge pattern on a daily. It is the important sign of strength of the buyers. Looks like the market may keep growing. 3️⃣ #WTI CRUDE OIL 🛢️ As I predicted, Crude Oil keeps falling. The price is very close to 2 significant demand clusters. Probabilities will be high to see a pullback from one of these structures. 4️⃣ #EURGBP daily time frame 🇪🇺🇬🇧 The price nicely respected a key daily horizontal demand zone and bounced from that. With a clear strength of the buyers the pair may keep growing easily. Do you agree with my market breakdown? ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
1
BTCUSD(BITCOIN): Small Correction towards 70k, And Drop to 52kHi Everyone, BITSTAMP:BTCUSD our last analysis on bitcoin turned out to be in our favour price has been dropping ever since, in our view price can now make small corrections towards 69k to 70k and from there price can drop significantely towards major bearish impulse that will fill the liquidity gap in daily timeframe that price has left behind. Please note that, price may not make any corrections around our entry area and just keep dropping from the current area. good luck.
BITSTAMP:BTCUSDShort
by Setupsfx_
22