Interesting situation for AUSNZD After a breakout downwards of a trend line, the price returns to retest the trend line. considering that, all the move averages are in a downtrend, I hardly recomend to get short, as soon as, we can see a red candle in this area. Let's wait!!
Well,looking at the chart, the yellow boxes shows a low high in Daily time frame. If you jump into the weekly chart, it still has double tops. My prediction is telling me to wait until a clearly break downwards the MM200 to start a short position, and also win with daily positive swap. But the last candle can break my entire strategy if it becomes positive. So...
Since beginning of 2023 this pair is going down month over month. Now is time to take a look in more details about the current situation. Clearly there is a strong support around 0,56, it is a weekly support which became even more stronger. The 3 MM is getting closer, which is another indicator that the price is inching closer the averages, any candle above the...
The price is currently in a consolidation, but there are some important signs to pay attention Very near the price there is a strong support in weekly time frame Even though the price is in a bear momentum, the three moving average are getting closer one of the other, it shows a possible price explosion for one side. in Weekly time frame the price is far...
Following the latest ideas, the AUDUSD activated last Friday a long position. There is a important resistance area shown in the blur rectangle in the chart, but the contest in the Daily chart make me believe that there is a opportunity to get in a long position. The weekly chart still under MM200, but far from the average. A good take profit should be around...
The price found a support in M200 with the MA 200 is looking up. Weekly chart are also in up trend. High possibility of a continuity of upwards trend. Long position one tick above the highest price
Times like this, when the market is neutral, you don't have to give attention for trend indicator, such as: Moving averages At this point that the price is, it can goes up or down. Thus, let's wait, don't try to guess or bet, let the price flow, and hop on in a trade when you see a better opportunity Opportunities will pop up every single day and every...
This is a trend follow insite. Daily and Weekly are in the same trend. The question here is: Should the Price will continuous downtrend even after all the drop had in the previous weekly? Difficult to answered, but what we are seeing right now, is a break downwards of a support and right after a correction. Following all the teachings, the price should...
After a long downtrend leg the price started to correct. Now the price is in a important zone: Retraction of FIBO Previous support now is a resistence Weekly time frame in a bear market (confirming the downtrend) Previous candle closed with a long tail Price is between MM20 and MM50 pointed to downwards Considering all the conditional above there...
The price got into a reversal zone, where can have a lot of sellers. To expect a bull market, the price should continuous going upwards ignoring Fibo levels and moving average resistance. The most probable odd is a continuation of a downtrend. Any strong (or large) bear candle inside the blue box can show us a continuation of the downtrend and a possibility to a...
Pay attention on the Blue Zone. D1 and W1 are aligned and seems to be in a bull market. Possible entry can pop up in the Blue area!
The Price recently broke a trendline upwards and now return to test it. In the same way, there is a MM200 right there showing another support for the price. Considering that the MM20 and MM50 are above MM200, if the next candle became green and break the high of the previous candle it would be a good possibility for a long position.
The price recently breack a downtrend line. Currently the price is over MM200, MM50 and MM20, and the lowest price is above the previous lowest. Wait for a positive candle breaking MM20 (at least) to get in a long Position
After a long up trend, it is time for a retraction. The price break a up trend line and there is a down pivot. It's time to do some partial here and wait for a another sign to buy
The price is forming a ascending triangle. After a breakout of a downtrend line, the maijor down trend should be stopped and all the odds are good for a long trade. Never put all the egg in the same basket and always use stop loss.
BTC seems to be found a strong price zone. Pay attention for the next days!!
this pair is follow the analyzes. Any candle up can be a opportunity to get short to take advantage of downwards trend
Important Zone. Inching closer to up trending line and probably a disruption for downwards.