we have P SHAPE setup very clear view of rejection based on volume profile as shown on the chart
we have good value for rising just we will take a good confirmation with correction
key reversal and insurance bar signs for weakness. 90.40-00 initial support
Hello Everyone, right now its very hard o analyze the USD index due to the current circumstances at the market but i do believe that we should see for short term move higher to the are i identified in the chart which is going to have 3 confluences for me to move later lower. the 3 confluences are: 1. 3rd touch for the trend line (of the long / medium downtrend) 2....
The price chart is inside a triangle pattern. It is a good position if we enter the sell in this price, because we can put a very small loss limit above the strong resistance in the range of 0.7225.
Sell opportunity for GBPUSD valid through 2-8-2021
Hey tradomaniacs, DXY (US-DOLLAR-INDEX) continues its breakout of the primary trendchannel and is now facing a very strong demand-zone❗️ According to my wave-count we should see another wave up which will initiate either the continuation of the globale uptrend or a just a correction of the current impulse. Either a wave X, which would be a correction of the...
We have the USD/JPY exchange rate is a clearly defined short sell channel. The fundamentals driving a weaker dollar is the rest of the world recovering from the Pandemic in 2020 on the vaccine news, which means the U.S will no longer outgrow the rest of world economies as it did between 2018 - 2020. We look at sell set ups with entry price, stop-loss price and...
USDJPY has being bearish for weeks , now price tested a key level at marked zone and rejected it & has closed back above another important zone.We can also see the large engulfing candle showing lots of bullish momentum on the Dollar. If not yet in the trade , wait for minor retracement , to the marked zone then jump in .If it doesnt retrace and continues bullish...
It look like an inverse head and shoulder chart pattern is forming, could we see a break out soon? If stocks and gold continues to sell off, it will be more likely.
Stock symbol BAC has been hitting 4 hr trend line and falling if USD dollar can hold up strength looking for short to weekly trend line $.40 drop, late at seeing this chart but earlier had some nice shorts
Hello traders, USDTRY is bullish, clearly in a five-wave move, up from 5.64 level. We can see waves (I), (II), (III) and (IV) as completed, so recovery from 6.68 can be part of a final wave (V). Wave (V) is an impulse itself, therefore five legs within is must be seen, before resistance, and a reversal in three legs may show up. Now there are only three legs...