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Dear traders, As you can see, after the huge down impulse, price made a nice correction to the 61.8 fibo level. Very clear until now . In my opinion, every recesion in the past made a nice reverse candlestick pattern that confirmed recesion is over. Wich here, is not the case. Remember, this is not the bottom. After price will will break the 50.0 fibo price...
Hello Traders ! It's a great period to trade. And if we are in a recession we should look to sell on the majority of the charts. Anyway there are charts who will go in heaven (see Netflix). Meanwhile USDCAD is forming a wedge pattern, we should look what will hapen when the price reaches the right corner. Take a look on the 1.38641, and if it's breaked then...
Hello Traders ! In this pair, the Aud is rising through a uptrend line where price is preparing to breake it. If this happens, you should look for next scenarios. As long as the price is under the Zone 1 (and, or) Zone 2, sellers are on charge. As long as the price is beyond zone 1 you should be in the buyers team. Don't forget to put yourself in the wining team...
Hi traders! A nice opportunity seems to apear on the AUD chart, meanwhile the price action made a huge correction to the first downtrend line and allready on h4 it made a Bearish Engulfing candddlestick pattern. We may expect a huge falling of aud even if it fights a lot with the virus. If you want to be conservative you can wait until 0.63464 is breaked, then...
YO traders, As you can see, price is reaching an important level area, and i speculate it will be rejected up to the weekly downtrend line, and again rejecting down, and broke the IMPORTANT PRICE LEVEL. First my suggestion is to go long, or if you want to be more conservative, wait the rejection then enter with a sell transaction. Weekly suggest a important...
Hi traders! This is a fragile chart who need more attention then usual. (Monthly) This level that oil is reaching, was hited in January 2002, long time ago. If this level is breaked, barel price will fall to the next support level wich is 11.66 (more or less) In my opinion you should wait for a nice reverse candlestick patern like a reversed tripple bottom or...
Yo traders ! There might be a nice opportunity on EURUSD chart as it seems price rejected the downtrend line and its ready to break the 1.0828 where you have to be very carefull not to fall into a bearish trap. Meanwhile on the 1D timefrime price breaked the uptrend suport line wich confirms that a bearish wave is coming. In my oppinion price should reach...
Hi traders, As you might see, US500 is making a nice corection from the huge impuls (check fibo level). Usualy a recession is taking graphic at the bottom and makes a nice return with a clean candlestick pattern, wich here, is not the case. Speaking of that, it will surely go down again. Be carefull on the levels i bolded here. There is also a divergence on...
Hello traders, Dow Johnes breaked the lowest low and it looks he will go down to next level suport. If your setup match mine, enter in transaction and thank me later. Have a great day!
Yo Traders! Gold might fall down! Look to sell after a breakout it's made. Please check a candlestickpattern like a bearish engulfing or a shooting star, after the confirmation you can enter in the transaction. You can see that the volume of buyers dropped wich means a big return might come. Be very careful! If you support this ideea, feel free to comment below...
Hello traders, As you see, JPY is making a nice Wedge and we have too lok for selling it after it breaks the closest low barrier. Manage your emotions and don't look for fat profits because you will get only FAT. Leave a comment if you support this idea! Have a great week ! Stay safe.
US30 is making a divergence on H4 as you can see, and after price reaches 61.8 on fibo levels (daily), it might form a bearish trend! If your analyse matches mine, feel free to enter in the transaction after confirmation ! Wish you many pips PS: Thank you very much that you support me with your likes and Comments! If you have another analysis at this pair,...
Hi traders, As you see, we have a downtrend who has highs decreasing on the price and also on MACD wich sustain the ideea of a downtrend. In this case we should focus to sell. An anticipative move is to sell now and the conservative one is to sell after 0.96331 is breaked. A first target might be 0.95034 and the next one might be 0.92541. If your analyse match...
Hello Traders, AUDUSD has broken below rising wedge formation and a major support level, which may suggest pair may fall in coming sessions, look for sell setup as per your strategy. In these articles we post intraday possible outcomes of pairs based on naked trading setup only .. I do not take into account fundamental news which may move pair significantly in...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions! The entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please manage your emotions and don't look for fat wins...
Hi traders ! Look to open transaction after the last low is crossed. It looks that it's a downtrend and buyers cannot raise the price up due to Coronavirus. Price action may form a pin bar and to fool you and then it may go up. In this case you have to be patient enough to see if you catch it. Remember not to act on emotions! Have a great day!
Euro is making a nice head & shoulders and it has all chances to make a STC near the support level. Manage your emotions and stay focused because this is a nice opportunity to make €. Trading is not making big fat wins dayily, if you think like this, the only thing you will get is fat. I hope you enjoy! Have a great week! Stay safe ! €