Euro/ Canadian Dollar is turn in bear singal!!!In H4 timeframe, we see a lot chartist in formation, but the most chartist in the bearish rising wedge. Also, we have formed a bullish channel or simetric triangle too both, Now, in Daily is the key:
3 days ago, EUR/CAD show a bearish, and yesterday the green candlestick grew by 50% of the big red candlestick, and then, we could see another short opportunity to find down 247 pips. Because we see a Shoulder Head Shoulder bearish pattern and we could see for the eyes this opportunity to take in notice it.
Now, in H4 timeframe we see a nice shoulde head shoulder. Also as theory, let's me explain these 6 blue arrow. These blue arrow are forming a strog resistance and we could see in H4 timeframe a drop!!!
So, I'm still alert on this par because for the next week, we see a possible nice opportunity in Forex!!!
If you like this, give me a like and share it with your friends or traders.
Not put any short or long position in this par until this par leave in this strong resistance at $1.5656 CAD, it's my psycological point to take my decision, my own decision is short becuase we see a strong resistance, I reccomend for you to put an alart approximately at $1.5638 CAD, and then, when the price leave at this price, I am still pending of possible short position at $1.5656, this is an alert to know it!!!.
Technicalanalysisexplained
Weekly's Overview: Do Bitcoin could make a sell off to the 9K?In this special analsyis, we see in weekly that Bitcoin could make that bears take the control of the trend to leave down the price until the $9,000 USD making this part a retest of this grant accumulation of simetric triangle showing in weekly.
So, in Daily we see that Bitcoin is bearish, now, as yet we're not broke down the key support line, is important that Bitcoin is sitll above of $10,000 USD, but in cases that Bitcoin make a broke up, we could see a drop until the $9,000 USD and bears take the control, and now, if in case that bears make a sell-off exagerated below of $9,000 USD and make a chances of the bear trend, we may need a new technical analsyis.
But, my important point that Bitcoin stil the bull trend is the $9,000 USD, that key is the psycology point and we cannot to loss this level.
Well, if you like this idea, please share this special analysis with your friends and traders, I will go back to make a technical analsyis in short term.
US dollar continue with their dropHello guys, in this technical analysis we see a several correction of this par.
In Daily we are in this situation of the market and the possible continue of this drop
In the past, we found out a shoulder head shoulder, that signal is so bearish!!!
The objective is to find down 175 pips. Also, following the trend in H1 you have a opportunity to entry in short in the 0.382% of Fibonacci, now I change my strategy because using trend-lines is more effective that using indicator to make a technical analysis so simple. If you're a beginner in that, know that we are in bearish trend, so, that case, we continue sell off. Also, if you noticed it, this yellow circle show the lower lower and higher lower that in that case the trend is so bearish, until we know that the bearish trend is stopped making a lower equal the previously lower, that is a possible change of the trend!!!
Also guys, in the other pars taht I follow, I will going for tomorrow to make a clear updated as you see in this.
As I have activated my sell, I am in profit near of 30 pips, I do not reccomend to closed up, because if you closed up, the price it's going to back to drop more, that my friend is just that the price need to make a pull back in the 0.382% of Fibonacci to later drop, there are a possible opportunity to entry in short in the 0.382% of Fibonacci.
EURUSD WEEKLY ANALYSIS! (POTENTIAL SHORT SETUP)Good day traders, welcome to another weekly analysis by ChinSengFx and I hope you all are having a great week ahead.
Let's talk about EURUSD, as you all know, European Union efforts to agree on stimulus package has been a challenging effort for all EU leaders. Therefore, the strength of EUR will be directly impacted.
Based on technical perspective, EURUSD has reached the previous high on March 2020. A push to the downside (favorable to 1.13353) is most likely. We will be looking at bearish reversal candlestick to form before going into the trade.
Entry Price: 1.14481
SL: 1.1503
TP: 1.13353
Risk:Reward Ratio: 1:2.11
Always enter a trade with clear direction and manage your risk per trade well. It's always you versus yourself in the market.
Happy trading!
GBP/USD: Fundamental and Analysis: More bullish yet!!!Hello, in this technical analysis the conduct of Sterling is so bullish for mid-term as short-term.
Studying the fundamentals, there are a nice favorable of this currency while the bad fundamentals for US Dollar. So, in Daily we are into the making a pull back and then I proyect that easily Sterling it''s can to reach at the mark of $1.28 USD, and why not to above of $1.30 USD. So, guys in mid-term we see a Sterling so bullish about the speculation of Brexit and UK is prepare about this speculation.
Now, in H4 timeframe we continue up and this morning I entry in the $1.2538 for long position until the $1.28 USD to find up 264 pips in some days.
So, Sterling Pound is so bullish so so but so bullish for mid-term about and based in my fundamentals that I write on my notebook.
So, the fundamentals to take in noticed is down here:
1. Fortnight lows for EUR to Pound Exhange Rate ahead of UK summer statement
2. EUR to Pound exchange rate steadies lower ahead of UK Chancellor's Statements
3. There are a fears of a second round of coronavirus infections continue to rise, and this is weighing on the EUR to Pound Sterling exchange rate.
4. But still, EUR outlook remains stronger than the pound outlook so these losses may prove temporary
5. Otherpoint is that EUR exchange ate steadying lower as market await European Union fund developments
6. Concerns that the coronavirus recovery won't be as much of a rebound as previously hoped have been withing on the EUR over the past week.
7. As signs of a secound wave amid surges of infections in the US and some parts of Australia, investors have been less optimistic about a global recovery.
8. Pound exchange rates edging higher on Brexit Speculation
9. Since last week, fresh speculation that UK-EU relationship about the brexit negotiations is could see productive developments this month have been supporting sterling
10. Pound to US Dollar exchange rate dips as risk sentiment of drops on rising US covid 19 cases more yet.
So, in my conclusion, that fundamentals make a Pound so bullish then another pars:
1. EUR/GBP: Bearish sentiment
2: GBP/USD: Bullish sentiment
3: GBP/JPY: Bullish sentiment
4: GBP/AUD: Bullish sentiment
5: GBP/CAD: Bullish sentiment
So, technically are bullish the GBP all pars, but some important that maybe of these list there are not bullish, but some important is always to make a technical analysis. But in based on fundamentals, GBP is so bullish for mid-term about the bad news that leave of US covid 19, speculation of brexit is prepared to trade the UK and European Union relationship, and othepoint to take in noticed!!!
Confirmation of EUR/GBP: We go to long together!!!Hello guys, in this updated I want to make a following of this par, because I see that this par is was a little consolidate, but the expectative is so bullish for now, because we have other confirmation aditional that MACD and RSI it's form a bullish divergence too as price action in the same time. Also, you can get it this screenshoot
We are now entry in buy at this down side of this bullish channel, and the expectative is so bullish to find up a lot pips and the price it's can be to reach 0.9214, that is my target profit to find up 180 pips for the next week, this is a huge earns.
Special Analysis for Bitcoin: Is Bitcoin prepare for bull run?Hello guys, in this technical analysis I want to talk you about why Bitcoin is so prepare for bull run soon? Now, I selected the Weekly and Daily timeframe.
Now, in weekly we see a Bitcoin bearish for MACD and price action, but there are a lot doubts that respald that a drop what a much traders hope, it's can be fake drop and the price is can to prepare to go to break up the simetric triangle from 2017.
But for this information we need to see in Daily timeframe, that is the key what Bitcoin do.
But in Daily timeframe, we see a reality so different than Weekly, because Bitcoin is now into this bullish rising wedge in formation and find up the Elliot Wave D, to later go to drop for the E to find down, and later we proyect for Bitcoin so bullish scenario reaching at $11,500 USD. That is a possible target to see in few weeks. Also the MACD is show us a possible buy!!! Now, if I asking you about if this scenario it's could be to pass. Are you prepare for there? Now, in that case that this rising wedge fail and broke down, we can see a Bitcoin so bearish until the $7,000 USD again. But, the key is in Daily timeframe how we see the trend key, structure and condition for midterm.
We continue in sellAt the moment, we continue in short and there are not updated. so we continue and we have near of 100 pips in profit. Also, lets me see a any little that we have a possible formation of double bottom, if in the case of the price reach at this green zone, and there show us a bullish candlestick pattern, when the price it's leave at this zone, I believe that it's reccomend to closed there. And also, there are a possibility to produce a big sell off to continue to dinf down the blue zone of monthly zonel
Look:
BUYING SOME CRIPPLE! HERE IS WHY...✅In this video, we talked about the buy location for Ripple.
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Take it easy.
~Bo Bugra Sukas
You Must Know These Levels on Bitcoin✅In this video, we talked Bitcoin and a strategy that is profitable more than 61% of the time.
If you enjoy our educational videos, feel free to link up with me. I will answer all the comments.
You will get notified once we do publish the next educational video, if you already follow us on TradingView.
Sit back relax and enjoy :)
~Bo Bugra Sukas
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How to Automate Drawing Fibonacci Levels✅In this video, we talked about how to draw Fibonacci levels automatically.
We also talked about a trading strategy with the help of Mosasaur Pro Backtester.
I really enjoyed making this video, I hope you as well. 🙏
We will continue our education videos. You will get notified once we do publish the next educational video, if you already follow us on TradingView.
Take it easy.
~Bo Bugra Sukas
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A short on the pair.Looking at the pair from a weekly timeframe,we see the bullish momentum it had.It reached a all time high (resistence level) we saw how sellers came in all up until a weekly mid range zone. now we can see price is failling to break to levels which it has been consolidating on.
take it down a time frame we clearly see bullish und bearish trends and a daily mid range zone which prce has currently resisted in and a side way trend line showing resistence hence price is going short to test support on a daily.
HOW TO USE BOLLINGER BANDS? [EDUCATION]✅We talked about how to use Bollinger Bands (BB).
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We will continue our education videos. You may get notified once we do publish the next educational video, if you already follow us on TradingView.
Take it easy.
~Bo Bugra Sukas
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✅We talked about Tom Demark (TD9) indicator here.
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✅We talked about Williams%R indicator here.
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✅We talked about MACD indicator here.
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✅We talked about Relative Strength Index (RSI) indicator here.
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✅We talked about Money Flow Index (MFI) indicator here.
HOW TO USE WILLIAMS%R INDICATOR? [EDUCATION]✅We talked about Williams%R indicator and 3 ways that we can use it.
I really enjoyed making this video, I hope you as well. 🙏
We will continue our education videos, so, i am looking forward to sharing them.
Take it easy.
~Bo Bugra Sukas
✌️
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✅We talked about MACD indicator here.
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✅We talked about RSI indicator here.
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✅We talked about MFI indicator here.
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HOW TO USE MACD INDICATOR? [EDUCATION]✅We talked about MACD indicator and 2 ways that we can use it.
I really enjoyed making this video, I hope you as well. 🙏
We will continue our education videos, so, i am looking forward to sharing them.
Take it easy.
~Bo Bugra Sukas
✌️
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✅We talked about MFI indicator here.
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✅We talked about RSI indicator here.
Hindustan Unilever Ltd Technical Analysis Indian Stock MarketHindustan Unilever Ltd Technical Analysis Indian Stock Market
Hindustan Unilever is Indias largest fast-moving consumer goods (fmcg) company with a historical presence in India of over 80 years. Nine out of ten Indian households use one or more of its brands to feel good, look good and get more out of life, giving them a unique opportunity to contribute towards a brighter future for its customers and consumers.
XRPUSD FORGET A GOLDEN CROSS, TAKE A CLOSER LOOK AT THE CHART.Over the last few days there has been a lot of hype about a "golden cross" and now a "cup and handle". While these indicators do exist in the world of TA, they are not used as much as people think they are. Looking at pure price action and retracement levels, you can see a clear breakdown of what is happening. On a larger scale, price has held the 61.8 level while at the same time holding intraday 61.8 level again. I remember using the "Golden Cross" indicator around 7 years ago and soon realized that it is not an end all be all technical indicator as well as MACDs or RSIs and even cups of tea with handles. Focus on price action and not silly indicators to get a closer look at what price is telling you. I am still BULLISH on XRP. Let's keep all the silly $5 price predictions overnight down a bit yea?Cheers!