A quick analysis on EURUSD. Market swept the buy side liquidity first. Then we have a shift in market structure. A retracement to a bearish order block. Then a move all the way to where the liquidity reside.
USDCAD Sept 6 Fractals 1 - Fractals suggesting selling 2 - Below EMA 3- RSI below 50
EURUSD Buy Aug 26 CMP is above 25 and 50 EMA MACD Bullish Crossover
GBPJPY Buy Aug 18 CMP is above 25 and 50 EMA MACD Bullish Crossover
EURJPY Buy 25 Aug CMP is above 25 and 50 EMA MACD Bullish Crossover
EURJPY Buy 18 Aug CMP is above 25 and 50 EMA MACD Bullish Crossover
EURUSD Sell Idea Aug 17, 2021 25 EMA crosses 50 EMA MACD Below 0.
Technical Analysis: The pair found buyers around the strong support level (1.59023 USD) and it reversed higher. It succeeded to break the wedge formation to the upside by the help of the buyers. A lower pullback could be seen to the highlighted zone before a new impulsive wave toward the Target Profit. ...
Technical Analysis: The pair found buyers around the 61.80% Fibonacci retracement level which led to a reversal and a move higher. The bullish flag formation was broken to the upside with the help of a bullish head and shoulders. A lower correction could be posted to the highlighted before a new wave to the upside. ...
Technical Analysis: The pair succeeded to break the descending channel pattern to the upside with a double bottom near the strong support around the 41.42 USDT mark. A lower correction is expected to this highlighted zone before a new impulsive wave to the upside toward the mentioned target profit. ...
Technical Analysis: The pair succeeded to break the bullish flag formation to the upside. A lower pullback could be seen to the highlighted zone before a new upward movement in the same direction of the main and toward the target profit mentioned below. ------------------------------------------------------------------------------------- Trade Idea: Buy Limit...
Technical Analysis: The coin managed to break the ascending channel pattern to the downside with the help of an inverse head and shoulders. A higher correction could be seen to the highlighted zone before the price tumbling all the way down to the target profit. ------------------------------------------------------------------------------------- Trade...
Technical Analysis: The pair is traded inside an expanding wedge formation where the market succeeded to make a rebound and move higher. A lower correction could be seen to the highlighted zone before a new impulsive wave to the upside toward the mentioned target profit. ------------------------------------------------------------------------------------- Trade...
Technical Analysis: The pair found buyers around the 61.80% Fibonacci retracement level which led to a move upward and it violated the highlighted zone. We are expecting a lower correction toward this zone before a new move upward in the same direction of the main trend. ------------------------------------------------------------------------------------- Trade...
Technical Analysis: The pair succeeded to break a bearish flag formation to the downside after forming a double top formation. The price is expected to retrace toward the highlighted zone before a new impulsive wave to the downside toward the mentioned target profit below. ...
Technical Analysis: The price is bouncing inside a bearish channel formation where we have a downward movement. A higher correction could be seen to the higher end of this channel. The sellers will join the impulsive wave to the downside after the pullback near the trend line resistance....
Technical Analysis: The price found sellers around the 50% Fibonacci retracement level which led to a breakout of the bearish pennant formation to the downside after posting a head and shoulders. A higher correction is expected around the 87.96 USD mark before a selloff all the way down to the target...
Technical Analysis: The price is bouncing inside a bullish wedge formation where we expect a breakout to the upside after a lower correction to the strong support around the 1.8512 USD mark. ------------------------------------------------------------------------------------- Trade Idea: Buy Limit Order @ 1.8514 Take Profit @ 1.8656 Stop Loss @ 1.8469 Trade Safely 🙂