A long term down-trending pair with a larger pull back on the higher timeframes. Currently sitting at a support level with the indicators suggesting the pair is currently overbought. Looking for a break to the downside and then react. Follow for more.
This pair has been trading in a nice channel for some time with the odd 'fake-out'. However we are currently sitting at a lower low compared to the most recent trough on the 1H time frame, threatening to drop further. Based on pattern analysis only, we see the price has retested that previous low (also the support of the channel) and has rejected it, with a move...
EURCHF long (again)! This pair is in a long term uptrend but has recently been sideways ranging in it's channel which has held up for around a month now. We see that this pair is oversold according to indicators, and is approaching a nice support level within this channel. There is a slight bias to the long trade compared to the short due to the long term trend...
This pair broke out of it's channel to the downside recently, but has since rallied back into the channel range. We see currently it has potential to react to this next resistance within the channel, with the indicators suggesting this pair is currently overbought. We will wait for confirmation and then react. Follow for more.
This pair is currently trading nicely in a horizontal channel, testing support and resistance multiple times. Indicators have confirmed that we are currently sitting in a position of being overbought, but also at the pivot point of the channel with a strong bear candle. Looking for this to drop further. Follow for more.
This pair has been in an uptrend since the beginning of Q4 2022, recently forming a strong support last month. Entering the new year we have seen a spike down in this pair (as well as many others!) breaking through that support. Since, it has come up to re-test that support, reacting with a strong bearish candle signaling the short selling could...
This pair saw a large spike down this morning but has briefly settled at support 1. On the higher timeframe it has been in a long bullish trend, but as we stand due to the spike down we are now in an oversold zone in a bullish market. The price is settling nicely at a double bottom with a trending support too. Follow for more.
This pair has been in a downtrend for months, however it is now very oversold as confirmed by strength indicators. Price action is showing a double bottom with a large bullish wick on the higher timeframes signalling there could be a reversal in trend coming. Follow for more.
This pair has been in a long term bearish trend with multiple tests against the channel's resistance. It has previously broken out of this channel and re-tested a horizontal resistance, which we are expecting it to test again here. The indicators have confirmed it is overbought on lower time frames, and are close to an oversold level on the higher time frames...
This pair has been sitting within it's range for a few weeks, following a longer term bearish channel prior to this. We have seen a small breakout to the upside from this channel and are looking to see how this reacts now. We could expect to see a small pullback to the previous resistance of that channel, now acting as support and a bullish bounce off of that. As...
EURCHF is, and has been trading within a nice channel over the last month, and is continuing to range nicely. With anticipation of continuing this trend, and also by taking the trade at this key pivot point on the channel's support, we expect the price to come down to the support and continue to bounce to the upside. This also allows us to look at risk...
EURAUD breaking out of it's recent channel with a nice pullback. Longer term trend is bullish with a bullish channel breakout. Looking for previous resistance to act as first support with a bullish trend to continue in the medium term. Indicators also used to confirm over sold levels. Follow for more.
AUDCHF recently has conformed well to supports and resistances with it breaking out of it's channel to the downside. We are now looking to re-test this as new resistance, with the ticker having a longer term downtrend and indicators signaling in the shorter term this pair is overbought. Follow for more.
long term down trend on 4H timeframe. Recent tight range broken to the downside, with a strong reversal up to previous support. Now expecting this to act as resistance indicators suggesting an overbought price series and oscillators crossing to the downside for confirmation. Entering positions at support/resistance gives the trader a unique opportunity to be...
BDPO Crypto signals for a long purchase of ADAUSDT after breaking a local resistance and re-testing now as a support. Purely chart patterns and technical analysis from the BDPO analysts who have now returned over 30%+ in Q4 on our Crypto portfolio against USDT.
EURCHF: Currently a ranging pair with strong support and resistances which have been tested multiple times. Confirmed bearish reversal on smaller time frames with the higher time frames lining up and confirmed as over-bought given it's current price and range. Current TP setup will be at the range's low (0.98280) with some expected resistance at minor, untested...
Looking for a long position in this pair as is bounces off trending support in direction of long term trend. Conforms to RSI, Stoch and MACD. Heikin turning green...
Conforming to trend, resistance and MACD, we're looking for a short on the 4 hour chart