Gold is currently at a 13 month low and key indicators are starting to show a potential trend reversal. On Balance Volume is showing a divergence over the past week. OBV is a key momentum indicator and divergences in price and indicator usually provide a reversal signal. MACD indicator is a common divergence indicator and is showing clear divergence. Also, it is...
As seen from the chart, NZDUSD currency pair is now a support level. There is a chance that the price will bounce off the support level and make a trend reversal and thus, making it a good opportunity for a long trade. Do let me know what you guys think.
Long Entry: 6.65-6.90 Target 1: 7.19 Target 2: 7.27 Target 3: 7.35 Stop Loss: 6.58 for tighter one Risk:Reward 1:1.78 to 1:2 according to your entry level. Time: 3 days 12hours. This is a trade I'm in right now, I got in a bit early at 6.96 but I will accumulate my position down between 6.8 and 6.65 range. OMG has upcoming 3 events. 2 Exchange Listing and a...
Hi all, i've been looking at this pair over the last days, and it finally turned into a trading opportunity right now. The blue zone is a structure zone in which price has lately been very sensitive and it's also been a zone in which price has gone overbought on the 4hr chart, also creating a short candlestick with an engulfing candle. Moreover, on the hourly...
Hi all, i've been looking at this pair over the last days, and it finally turned into a trading opportunity right now. The blue zone is a structure zone in which price has lately been very sensitive and it's also been a zone in which price has gone overbought on the 4hr chart, also creating a short candlestick with an engulfing candle. Moreover, on the hourly...
WEEKLY CHART Weekly close is a quite significant rejection with a little bit of indecision close to a psychological and technical level (1.15). Expectation for the next candle, so for next week, is a slightly more bullish week. Reason for this is because of the indecision that's still visible. Longer term outlook would be a stronger bullish move if we look at...
After weeks of power from the US bulls, it seems that they're finally running out of steam. Could we now be witnessing the turn of the bearish trend? Or do the US-backers still have some strength left in them for one final push down to the 1.17000 support line?
If the first support holds, BTC could form a strong 3rd wave. Latest LONG entry after breaking the 10.000 resistance and making a higher high.
USDJPY was in an uptrend but slipped through 50 & 200 EMA which heavily suggests there's a reversal.
Good morning everyone, sharing with you the principles I used to get this nice position on GBP/CHF. The strong move visible on 4h chart caught my eye, signaling an unstable bullish environment. I entered on the 5m chart at pivot rejection + 50ema break. Price took a while to move and actually got against me for a while, then crashing pretty quickly. My...
$GSAT is looking great guys! The set up is beautiful! Aroon indicates a reversal coming. Great recent news with the announcement of Sat-fi 2 finance.yahoo.com Not to mention an anticipated earnings report. I'm bullish long on this. Follow that Fib to find your Entry and Exit points! Don't forget to Like and Share the wealth! SoWaVvY Trading
I believe the day has finally arrived.. And it's happening today.. 1st Target for BTC is $10910 - $10920.. It's really been enough of this bearish shite.. So many opportunities in crypto right now.. Many of you seem despondent to the point of losing hope.. There's no need for this.. I'm sure there are much better TA's out there.. But none of them are popular.....
Hello everyone, after being stopped out last week, FX_IDC:EURNZD finally broke down. I have to say it made me sweat a bit, but my stop was very well protected by the 1.7100 level and Fibonacci retracements. If I could go back I would probably extend it a little bit further to have R1 on both 1h and 4h between price and SL. Given price has been ranging between...
I'm giving BTC a try for the first time since getting out of the market in December '17. Chart looks pretty bullish right now. Nethertheless, this is a pretty risky long term trade, so I'll keep position size small und may add some if momentum develops. If Bitcoin falls below 5000$, I'll expect some further downward movement and will be stopped out. This is...
I see AUD rallying up and then reversing once the purple zone is reached, if granted, it consolidates and shows signs of reversal. Please check out my full video analysis opinions on AUDUSD, EURUSD, GBPUSD, USDCAD and USDJPY price action this week at www.vma3fx.com Any welcome feedback is appreciated!
Interesting development...after reaching the drop target price of our original bull flags bearish breakdown, and wicking below the %)MA a couple times, suddenly the Bulls woke up and found a way to lift the price action up out of the most recent bear flag that was forming and carry it all the way back above the Tline...flipping the T Line back to a support role...
Hi guys, i've been looking at this pair for a long time now. First, i've missed an opportunity to go long at the 82.00 level. Then, i saw price climbing up toward what would've been our potential target for a big pattern that was completed on the higher timeframe, namely the daily tf. Now, price has touched the 38.2 level of the bigger leg and has shown some...