GIgor_021

GIgor_021

Hello Traders! 3300 - 3410 price zone is the first, where bulls might step in and show some buying interest. If this is the case, the first take profit target is around 3500 level. Follow your personal risk-management rules before opening position. ^^ Make sure you follow me for more upcoming ideas and feel free to share your opinion via comment. If you agree...

GIgor_021

Hello everyone! Since end of July the price is stuck between 1,16-1,20 price zone and EURUSD is trading sideways, however the trend on higher timeframe is still bullish . Recent price action indicates that there was a possible false breakdown below 1,17000 price and we might see further weakening of the greenback . 1,17400 - 1,17770 is the closest price...

GIgor_021

Waiting for a pullback to approx. 0,73700 price level to join bulls with S/L below 0,73200 and T/P around 0,74350. // Make your own analysis before entering position. Feel free to share your opinion/position via comment and follow me for more upcoming ideas/setups + support my work by hitting like.)

GIgor_021

Buying at approx. 0.90700 price level. // Follow me for more upcoming ideas.

GIgor_021

0.72250-0.72750 price zone might act as resistance and possible opportunity for opening short position. Since end of July the pair is trading sideways, however the bias remains bullish (meaning lower volumes should be opened). Rising number of Covid cases resulting lockdown in Melbourne + global uncertainty might fundamentally support Aussie from breaking above...

GIgor_021

Buying at approx 0.71200 price level. // Follow me for more upcoming ideas.

GIgor_021

1. Anything can happen. Why? Because there are always unknown forces operating in every market at every moment , it takes only one trader somewhere in the world to negate the positive outcome of your edge. That's all: only one. Regardless of how much time, effort, or money you've invested in your analysis, from the market's perspective there are no exceptions...

GIgor_021

Candlestick close on 1h time frame doesn't look too promising and it's possible to see a move lower from the resistance line shown on the chart. Keep in mind that the main driver will be the move in equities. // Make your own analysis before entering position. Feel free to share your opinion/position via comment and follow me to stay updated + support my work...

GIgor_021

USDCAD is breaking the trendline formed since the beginning of this week. On the chart you can see some support/resistance areas + RSI divergence + price above all moving averages and not too far away... Stocks and oil are under pressure, thus risk-off is favorable for USD bulls. Another USD long already opened. Entering the position around 1.3560 (current...

GIgor_021

The main fundamental risk is continuation of the risk-on in equities, otherwise we can expect another strengthening of the dollar, which proved to be a risk-off instrument. From techincal POV: -H&S chart pattern -RSI divergence Joining EURUSD bears from around 1.1262 price with S/L above 1.1360 and T/P around 1.1000 level provides decent R:R. // Make your...

GIgor_021

Buying GBP might be an opportunity for longer term dollar bears. Joining bulls in GBPUSD from around 1.2350 price level with S/L below 1.2090 and T/P around 1.3280 provides decent R:R. First major resistance level is around 1.2640 price. Make your own analysis before entering position. // Feel free to share your opinion/position via comment and follow me to...

GIgor_021

Commodity currencies are just squeezing up and it seems like there is more space to go... Going long in NZD against CHF seems like an opportunity to participate in this move. NZDCHF has broken key resistance level around 0.5985, which now turned into support and it might act as possible price for joining bulls with S/L around 0.5900 and T/P around...

GIgor_021 Updated 

Since mid of March the price of BTC has over doubled compared to USD and for me it seems like a V shape recovery. Are we going higher from this levels? Possible, but I think there might be a better buy opportunity. The main reason, why I think the price can go lower (below 7000) in the future is because I see an Elliot wave pattern confirming on daily time-frame...

GIgor_021 Updated 

AUDUSD is breaking out of ascending wedge, which might indicate a correction move downside and a risk-on scenario. Aussie is currently trading around 17% higher since march lows and pretty much correlated with bullish sentiment in equity market. The first support level can be found around 0.6250-06270 price, which is between 0.23-0.382 Fibonacci retracement...

GIgor_021 Updated 

1.413-1.417 price zone might act as resistance and possible level to start building a short position. Main risks are: -oil price recovery -decline in equity market, in which case USD might act as safe-heaven asset once again -bullish bias Feel free to share your opinion/position via comment and follow me to stay updated + support my work by hitting like.)

GIgor_021

Happy Easter Monday catholic traders! Today the volatility should be low, however it could be possible, that there is a butterfly pattern forming on daily time-frame in EURUSD + the price is breaking out of the descending triangle chart pattern, which signals that the price could start going higher... However, moving average indicates that the trend (bias) is...

GIgor_021 Updated 

Technically speaking, yesterday S&P500 closed with a shooting star candlestick pattern on daily chart, which was a warning signal for bulls... ...today the market continues going higher and it might produce better price to short the equity market. The COVID-19 pandemic is still out there killing people and lot's of industries (e.g. airlines, hotels or cruise...

GIgor_021 Updated 

Technically speaking, BTC has broken out from the triangle chart pattern on 4h timeframe... ...so entering from around 6600 with S/L around 5650 and T/P around 9200 (previous March high) price levels provides decent R:R opportunity. Fundamentally, BTC was under pressure as other major markets and I am not sure we are not going to see lower levels in the coming...