Zoom to see, please . Chart analysis: H1 timeframe. There is a confluence right now in the eurusd chart: the price has retraced to the trendline after breaking it, and it has rejected the horizontal and sloppy trendlines at the same time. The present candle has formed a bearish pin bar. It is a sell time. Our first profit target will be 1. 05961. Trade like a pro;...
Sell it now. The trendline has been broken. and the 23.562 support level has been retested and rejected now. Also, a bearish engulfing candle had formed, showing us the sell continuation. Sell it and take a profit from 22.527.
Why would you decide to buy BTCUSD? ANSWER ME. IT'S DANGEROUS TO BUY IT BECAUSE OF THE STRONG RESISTANCE LEVEL 1679.29 is not taking it easy with BU at all. Therefore, no buy but it's a sell.
Zoom It To See Clearly .The wedge has been broken, and the price is sandwiched between 1.2222 and 1.2440. What next? What should you do now? The simple answer is waiting, meaning you have to exercise patience to see the signal to shorten this market. Look at the lines that I drew in the chart. That is what I expected to happen before the price could continue...
Hello there, my fellow traders, Zoom It To See Clearly . Yeah, the wedge has been broken, but the price is still above the support and resistance zone. What next? What should you do now? The simple answer is waiting, meaning you have to exercise patience here to see if the price will break and close below this zone and the 1.0583 level before looking for a...
Gold is going up strong within the channel. This analysis is based on the daily timeframe. An inside bar candlestick pattern has formed in the daily timeframe which shows the bullish continuation of the market. Put your stop loss below the small horizontal line and target the high of the market for the first profit, the 8011.01 level. If the price breaks this...
Zoom the chart to see clearly . Gold is going up strong within the channel now. This analysis is based on the daily timeframe: in the daily timeframe, an inside bar candlestick pattern has formed, signaling the bullish continuation of the market. Your stop should be below the small horizontal line and target the high of the market, the 1811.01 level.
Prepare for the strong fall of AU. Except this to happen beginning from the coming week till next year. The analysis is taken from the weekly timeframe while the H4 is used as an entry chart. Your stop loss should be above the blue horizontal line. Take profit from those red lines, the levels I drew out. The strong trendline has been broken, and the market could...
Please zoom it to see clearly . Why go short on BTCUSD? In the H4 timeframe, the price has shown strong bearish movement by way of breaking the trendline and the level of 1.16765.81. It's going to 1.16052.89. Stop loss should be at 1.16912.43
Zoom to see clearly . Analysis Chart: H4 timeframe. In the H4 timeframe, the price has completely broken the great trendline and the minor support level of 1.2217 , indicated by the red horizontal line, showing bearish strong momentum in favor of the bears . Currently, the price has been sandwiched between these two levels: 1.2217 and 1.2131 and has never...
Currently, the price is below the resistance zone of 1.2226. It has failed to make the new high. It's unable to break the 1.2226 resistance level to the upside. There is an 85% probability that the price could continue going down to 1.2140. If 1.2240 is broken, then expect the price to continue moving down to the level of 1.1952. First TP: 1.2140. Second TP: 1.1952.
Hello there, What is happening today in the cable market? Nothing much! It's just that, currently, the cable is selling strong. In the H4 timeframe, we have seen that the price has pulled back, respecting and rejecting the 23.6 fib level. If the current candle closes to form a bearish engulfing candlestick pattern, then we are good to sell It right away. Why...
Hi there again, this analysis is from the H1 timeframe. An inside bar candlestick has formed now. It's a buy time. Don't be scared. It's going to end in profit. We have seen the confluence: the price has respected the horizontal line and the trendline support level area. A Doji candle has formed. Just wait for this current candle to close for confirmation. Entry:...
Hello there again, Zoom it to see clearly . After our profit target has been hit, the price is reversing to the upside. Now, what is obvious about the market is that it is very bullish. If we see a strong bullish candle around the level of 1.22974 in the H4 timeframe, then it's time to go long. What does this mean? It means that you have to open your eyes and...
Hi there, I hope some of us have experienced a loss this morning. That's inevitable. That's part of trading. Now, what next? The momentum has shifted in favor of the bears. It means that there is no more buying for now. We are looking to buy. The price has broken and retested the level of 1.23444, and now a bearish pin bar has formed, showing us that the...
Hello traders, Good morning there. I hope you remember that I told you in my analysis yesterday that the overall market condition is bullish, and that the market will still go up to reach the previous high, which happened as predicted. The question now is what next? What is going to happen next? I know you want to trade, but be patient here to avoid an...
Zoom the chart to see it clearly . The EU market is strongly bullish. The bulls are in control of the market. As you can see, the small ascending triangle has been broken and retested now, showing a strong bullish momentum move in the EU market. Our target area for the profit-taking is the 1.06719 resistance level, the double top area. The two arrows drawn showed...
Are you shorting the cable? No. No. No! Don't! Why? It's because the cable is strongly bullish. The bulls are in control of the market. Remember, the trend is your friend. Don't go against the trend, dear trader. This analysis is from the H4 timeframe. Currently, the resistance level has been broken and retested, and the price is heading to the level of 1.24071....