GBPCAD: Long Trade Explained
GBPCAD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long GBPCAD
Entry Point - 1.7656
Stop Loss - 1.7620
Take Profit - 1.7726
Our Risk - 1%
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Target
GBPAUD: Weak Market & Bearish Continuation
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the GBPAUD pair which is likely to be pushed down by the bears so we will sell!
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BTC Wedge Approaching 3 Targets3 Targets derived from the rising wedge that developed into the Trump Speech looking for a final low before the Bull Run can begin.
1) Rising wedge target ~57k lining up with 0.786 fib of that move.
2) Bear pole leg into the rising wedge gives us target 2 around 52K if 57k does not hold.
3) More unlikely we go this low but ~49k for the entire bear pole leg going into the wedge as target 3.
NATGAS: Bullish Continuation is Expected! Here is Why:
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the NATGAS pair which is likely to be pushed up by the bulls so we will buy!
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EURUSD: Bearish Continuation & Short Signal
EURUSD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell EURUSD
Entry - 1.0908
Stop - 1.0936
Take - 1.0862
Our Risk - 1%
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SPY: Forecast & Trading Plan
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the SPY pair price action which suggests a high likelihood of a coming move up.
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EURGBP: Short Trading Opportunity
EURGBP
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURGBP
Entry Point - 0.8507
Stop Loss - 0.8534
Take Profit - 0.8456
Our Risk - 1%
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NZDUSD: Weak Market & Bearish Forecast
Balance of buyers and sellers on the NZDUSD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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EURCHF: Bullish Continuation & Long Trade
EURCHF
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long EURCHF
Entry Point - 0.9463
Stop Loss - 0.9414
Take Profit - 0.9552
Our Risk - 1%
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EURUSD: Bullish Forecast & Outlook
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current EURUSD chart which, if analyzed properly, clearly points in the upward direction.
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GOLD: Bears Will Push Lower
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GOLD pair price action which suggests a high likelihood of a coming move down.
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