The price has come to the resistance line and now I expect to go down - the first target is the first resistance level . When it is broken through, the next target is the support line. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad
Will be looking for a possible retracement from the weekly resistance to 1.26900 then will be looking for long long long
Market make a double top, do complete a reversal pattern confirmed. We shall be looking for shorts in this pair
Looking at the chart, we will have 2 scenarios which are: 1- False breakout of the resistance and the price will go down 2- the broken resistance turned to support will hold the price and make it go long! supported by the 50 MA
The pair will be looking for a retest to the resistance. after that, we will be waiting for proper confirmation at 115.700 or 115.560 to go short
Waiting for a good buying opportunity! The situation is depending on the momentum of the USD.
This is an analysis of USDCHF. Please note that this not a signal. Instead, it is my own analysis of a forex pair. Think twice before taking a trade. Risk Disclaimer: Even though local, international stocks, FX, or CFD trading can be profitable, it is, associated with a high risk of losing your investment. The risk will increase when trading on margin carriers....
This is an analysis of NZDUSD. we will be waiting and monitoring the price to either reach the daily support line (in red), or waiting for the price to close a 4h Candle below 0.64040, so we can look for selling opportunities. If the price did not close a candle below this level and retrace, I will look for short term buying opportunities. As you all can see this...
This is an analysis of GBPUSD. The price could not make a higher high, yet it made a lower high than the one on June 10th and broke the upward trend. our target will be selling to the daily resistance. Big banks and Institutions are putting more shorts on the pound as showing in the COT. Please note that this not a signal. Instead, it is my own analysis of a...
This is an analysis of EURUSD. we will be waiting and monitoring the price to reach the Weekly support line (in red) and continue the bearish market at the moment. to reach the trendline that is acting as a support line!. after the price reached the support line and gives a clear buying signal we will go along with the banks and big institutions. you can the COT,...
This is an analysis of NZDUSD. we will be waiting and monitoring the price to either reach the daily support line (in red) or continue long to reach the trendline that is acting as a resistance line! Also, I will be looking for MA crossover for scalping. On the other hand, if the price broke the daily support line and retest it, I will be looking for a swing short...