Breakout from Ascending Triangle on #USDCHF Chart. Buy possibiity
Short Technical Analysis and information about breakout from descending Triangle. This is witouth any fundamental Background just outbreak trading. TP&SL TP4: 420.01 (High risk) TP3: 417.60 TP2: 414.47 TP1: 412.68 Pivot: 410.43 SL1: 408.65 SL2: 406.32 RSI: 63.19 Only for Informationl and Educational purposes. This is not financial advice or...
On the US30 chart, a GANN-FAN has formed over the months, which now reaches the important 1/1 point. This usually means that there is a change in the direction of the price. In addition, the price of Down Jones is higher than ever before in history, even though the economic damage from Corona was extremely high. In fact, the FED is recommending the implementation...
Breakout from triangle on XAUUSD Chart. Next Goal is 1914$ and 1920$. The first Goal of 1910$ was allready reached. Current Price: 1908$ TP1: 1910 TP2: 1914 TP3: 1920 RSI: 22.650
Gold seems to follow a trend channel since 14.Octobre. There were some false outbreaks in the trend channel, but these were not followed up. The price has settled back into the trend channel. If the price stays in the trend channel, we will see a price increase to $1930/oz. RSI: 62.04
On the XAUUSD you can see a perfect example of a GANN FAN movement. The Resistance and Support-lines matches the GANN Fan exactly. Here you can see, that the Market is driven by a lot of technical aspects on the chart.
Hi Traders There is a Trendchannel on EURUSD which could be a good indicator for BUY position on long-term (4h)
We got a breakout from the triangle pattern on eurusd. There are no economic news to expect today so it should trade after techical analysis. RSI: 87.04
Good Morning/Afternoon Traders Gold is trading on 7 year high. The Reisistance on 1779.00 is holding Strong. I think we will see some rebounce on that level. Some Analyst are awaiting Gold rising to 1800.00. But i recommend to be careful. Like we saw in March on Level 1770.00 we had a strong rebounce to 1450.00 in onle 5-10 Days. I assume there will be a strong...
Breakout from triangle pattern on the EURCHF Chart. TP1: 1.0683 TP2: 1.0713 TP3: 1.0764 SL: 1.0590
Possible BUY/SELL Scenario on EURUSD Chart. We have a Strong Support-Line on 1.0640 which was followed the last few Weeks. On the other hand we also have a triangle formation which leads to the possibility of BUY if we see a breakout of the formation. I would recommend to followe the Chart the next few hours and see if we get a breakout down selling or buying....
Downtrend on USDJPY. SELL possibility until TP1 = 106.811 RSI slightly oversold with 74.00. Follow me and watch my other ideas! :)
On the analysis you can see a perfect example of a pitchfork trend on the chart. In this case it is the price of gold. A Pitchfork trend is particularly good for entering and exiting a trade on the right time. You can see in the past there where good chances to go in with BUY until the end of the Pitchfork trendline.
Fibonacci Retracements after Long Run. This behavior again shows how important the Fibonacci retracement is in trading. One can see very well how the Fibonacci retracement levels are targeted after the steep rise in the price. First at 0.23xx and then at 0.38xx. Such retracements can be used as a possible buy decision for buying positions within the retracement...
Short Analysis on EUR/JPY EUR/JPY ends four-day negative streak. Turning the SELL-Off in to BUY-Positions. The Keypoints is 121.00 (orange Line), if a breakthrough this resistance happens, we can expect a rise to even 122.00. But if not, in short time we could have a correction down to 120.55. After that again BUY Position to 121.00. I assume there will be a...
Good Morning Traders Here a very short analysis on Gold (XAUUSD) The following Trendline from the past 5 days couldn't hold the price anymore. We got a breakout trendlinebreak to SELL. On technical Point it's a good sign for Short but be aware of the current Geopolitical Situation (Tradingdeal with China which seems to be a Problem) . It could have an effect...
Good Morning Traders EURUSD is trading currently inside a triangle pattern. There where two fake-outbreaks out the triangle formation in the past, but the price bounced back inside the triangle. I assume the next breakout on technical aspect, will bring i short-time LONG in EUR/USD with the 1st. Goal 1.1212 and the 2nd. Goal 1.1259 . ---------------- ...