USDMXN have gone up so much so fast, its now stuck at a giant channel line, now with the market breaking down the wedge this might be the time for it to drop
EURUSD is at the down trend line with a break of a counter trend line
USDMXN is hitting its channel trend line, this shot up like crazy, lets see what the market wil do
Im looking to sell CADJPY on a break below the blue trend line
AUDNZD looks like is breaking out
EURCHF as you can see is at at strong support with a nice low price from the larger time frame, if you go down to a 4 hour chart you can see that the market formed a double bottom, you can see I marked 2 scenarios in case the market goes against. let me know in the comments if you like this setup!!!
GE on the higher time frame formed a double bottom I expect the market to go back up at least to the down trend line
Litecoin looks almost identical to Ethereum,its at the up trendline with a bullish engulfing candlestick formation. go back to my ETHUSD post to see more in depth why I like this setup
ETHUSD is also similar to Bitcoin just a little bit different chart, Ethereum is also at a very low price near support hitting the up trend line where the market bounced up already a few times in the past, see the green arrows, and now at the up trendline the market formed a bullish engulfing candlestick formation which is also a formation where the market is...
Bitcoin as you can see here on the monthly closed with a bullish morning star, typically when the market creates this types of formations, the market is simply telling us, guys i'm about to go bullish GET READY, sure the market can do whatever it wants to do, that's why we need to have good money management in place, but based on what we see here, the market is...
USOIL is at the support of the consolidation box what the market had formed, the marked has a high chance now to back up to resistance, if the market in case breaks that support I will look to enter at the 2nd suport area and if the market breaks that as well I will look to enter at the 3rd area Iy"h. if you do the calculations you will see that either way I will...
Litecoin's Bigger picture is at a fairly low price, the market recently broke out of its down channel showing signs for a bull move, now the market already went up and toke out some highs, Im not planning to just jump in now out of FOMO, if Litecoin shoots up now I miss the move and I go look for some other things to trade, if the market comes back down creating...
AUDCHF is sitting at a all time support from what im able to see on the charts since 2015 AUDCHF was never below that price, this can be a good opportunity
JetBlue Airways broke out into the buy zone after forming a double bottom and holding on the up trend line, this is a very good looking setup to me, what you think. - Bounce on Trend Line - Double Bottom - Breakout To The Buy Zone
EURGBP took out the most recent low it looks like that its heading down to retest the double bottom. after the market is done with that we will have to see if the market can give us a buy signal to take it back up to resistance and then if the market can break that resistance, lets take it step by step, for now im waiting for a pullback to short it to support if...
Hi All, GBPUSD broke out from its wedge consolidation, the market also just recently took out the most recent high, pullback at the Up trend line can be a good buy
AUDNZD is sitting near support the market has formed a Head & Shoulders pattern I believe if we break the neck line it will be a great opportunity to take advantage of, be patient!
GBPCHF on the 4 hour chart broke down from a key support area after the market retested the backside of the trend line in the sell zone, the market created a bearish crown above that support area, now the market broke below, breaking out of the crown formation, the market is a little bit low already so i'm going to wait for the market to pull back to the downtrend...