This pair has been in a range for the whole week, respecting the same lows with precision. As mentioned on friday the MA200 still need to be retested and my overall target is 144.000, i will start to identify longs only around 137.500 For the week ahead we could have a potential 150 pips short if the price go back up to 139.000 once again, i prefer to wait at...
As you can see GBP/USD is having a clearly bullish trend on the Daily timeframe, and on the 4 hours chart we can see a head and shoulder in play, almost completed. Potential long on the table with the overall target of 1.35000. We need to keep in mind that the dollar is starting to re-bounce and gaining strenght, I will keep you all updated on this, Just need to...
As you can see the price is respecting the weekly lows perfectly. The perfect entry would be on the retest of the MA200 (137.450) Target is on the chart, once we break the strong resistance at 139.000 the price will skyrocket to the upside easily. I'll wait for a pullback around 137.500-137.900 before jump in this trade. Potential 400 pips on the table. If you...
Bitcoin is showing weakness here, seems that the bear are in control now. Reason why I will short Bitcoin here: 1) We have a massive gap on the CME chart around $9600 (must be filled) 2) The fear and greed index is too high. 3) Bitcoin has risen from $9600 to $12000 without having any healthy pullback. 4) The history tell us that August has always been a...
As you can see GBPJPY has formed a double top on the daily chart, we have broken and closed above the MA200. This is what i expect from this pair this week: Pullback into 139.000 region first, then a retest of MA200 (137.450) Just in case the price will sustain above the MA200 i will look for long position till 141.155 (the next leg higher) This is my vision...
GBP/USD Is above a major support, we should be able to see a reversal from here,My first Take Profit will be 1,2500 then 1.26000. Nice R/R for this trade, follow my guidelines and compare them with your own! This is not a financial advice just my personal thought. If you liked this idea, please leave me a like and follow me. Thank you!
Our bias in DXY is still bearish. The dollar index continues to behave the opposite of the stock market. It found some strenght from today's stock dip but the Daily chart looks bearish. In the intraday chart, it should see some more upside movement towards the 96.80 range before we get some bearish move. We will update you as soon as there is a change in the...
Gold is being choppy for the last 3 days after hitting a massive target of $1.800. It is consolidating for now. We are still bullish on Gold but a dip to $1.748 is possible and it will offer us more pips. Our full bullish target is $1.850 followed by $1.920 when the next trade is active. We are waiting for a quality setup.
Follow my guidelines on the chart, nice R/R for this trade. Let's see.. Please support my Work, leave me a like and comment this idea! thank you.
I will short this pair once we have a pullback, follow my guidelines on the chart then compare with your own. This is not a financial advice. if you like my idea please leave me a like and a comment. Thank you
A Head and Shoulders reversal pattern seems to be taking shape just above the 200-day moving average (1.05300), as price sits precariously above the neckline at the 1.06 handle. A daily close below the 200-DMA is needed to validate the bearish reversal pattern and may potentially fuel a decline back towards the 61.8% Fibonacci, with an implied move suggesting...
Hello traders, As you can see on the 1H chart, we expect BTCUSD to make the last pullback to 9.200-9.180 region. Then we should be able to move upward targeting 9.600. There is a significant Sell area there, so that will be our last Target. The risk reward for this trade is great, compare this with your own analysis this is not a financial advice just my personal...
Nothing else to say about it. We are waiting the last pullback on this pair before a continuation upward, This trade have a beautiful risk/reward for my opinion. Guidelines are on the chart, compare them with your own analysis. If you like this idea please leave a like and comment :) thank you for your support!
Bitcoin gained traction and recently climbed above the $10,000 mark against the US Dollar. BTC price is now in a strong uptrend and it could soon test $11,560 or $12,100. Bitcoin price is showing a lot of positive signs above the $9,500 resistance area. The bulls were able to push the price above $10,000, opening the doors for a larger rally. There was a break...
Bitcoin slipped marginally lower early in today’s Asian session as the pair receded to the 9761 area after trading as high as the 9885.00 level during yesterday’s European session, its strongest print since late October. Stops were recently elected above the 9805 and 9845 areas during the pair’s move higher, levels that represent upside price objectives related...
Ethereum (ETH) picked up momentum after sustaining above $197.75 on Feb. 5. The sharp rally of the past three days carried the price above the overhead resistance at $223.999, which is a positive sign. If the price can sustain above $223.999, a move to $235.70 is possible. I expect the bears to mount a stiff resistance in the $223.00-$235.70 range. The overbought...
Bitcoin (BTC) has been trading above $9,600 for the past two days, which is a bullish sign. There is a psychological resistance at $10,000 but i expect it to be crossed. The next target to watch on the upside is $10,360. I anticipate the bears to mount a stiff resistance at $10,360. Therefore, short-term traders can watch this level closely and book partial profit...
Litecoin (LTC) bounced off the breakout level of $66.14 on Feb. 4, which is a positive sign. It shows that the bulls are defending this level aggressively. If the price can sustain above the minor resistance at $73.52, a rally to $80.27 is possible.The bears will try to defend the resistance at $80.27 aggressively. However, if the momentum can carry the price...