Profitlio_Trading

Profitlio_Trading Feb 6, 2022

Market Instrument: BTCUSD Timeframe: Multiple Analysis: Technical Structure: Key levels, S&R's, Trend, Moving averages, and Retracements. Prediction: Educational When I take a look at the weekly timeframe for Bitcoin against the Dollar I see a nice pattern or trend following the downside. After the rejection on Weekly resistance highlighted we have seen a...

Profitlio_Trading Feb 1, 2022

Market Instrument: NZDCAD Timeframe: H4 Analysis: Technical Structure: Weekly Support and Trend Breakout Prediction: Bullish NZDCAD's trend breakout is a great sign for a good reversal to ride in on this weekly support. We can see that in history many repetitive reversals have formed on this weekly support where we are right now. Hope the following breakout...

Profitlio_Trading Feb 1, 2022

Market Instrument: GBPAUD Timeframe: H4 Analysis: Technical Structure: Reversal and Key Resistance Prediction: Bullish GBPAUD got reversed back to the key resistance and here we are watching closely to spot a reversal with an expectation of a rally to continue its run to the upside.

Profitlio_Trading Jan 30, 2022

Market Instrument: GBPUSD Timeframe: D1 Analysis: Technical Structure: Channel and Key Level Prediction: Bullish GBPUSD is on a bear trend following the key level highlighted. This level is very important on a daily timeframe as it has acted as a support and resistance in the chart. If the price remains stronger on bullish pressure after a visit to this...

Profitlio_Trading Jan 30, 2022

Market Instrument: EURUSD Timeframe: H4 Analysis: Technical Structure: Falling Wedge Prediction: Bullish After a strong price drop for EURUSD price got back once again close to the lower boundary formed on the falling wedge. If the price manages to show up a reversal with a strong bullish pressure we will see a nice move ahead to the upside with a breakout on the...

Profitlio_Trading Jan 30, 2022

Market Instrument: AUDUSD Timeframe: D1 Analysis: Technical Structure: Major Daily Support and Channel Prediction: Bullish After the drop as we expected through our previous analysis things are looks like turning up favor to the bullish momentum. The price has revisited the major support and if the price respects the support and the lower boundary of the channel...

Profitlio_Trading Jan 30, 2022

Market Instrument: AUDCHF Timeframe: D1 Analysis: Technical Structure: Major Daily Support Prediction: Bearish AUDCHF is following a very strong bearish trend on a daily timeframe and it's about to revisit the daily major support formed. If the demand pressure appears stronger once again inside the highlighted area then we will see a good reversal like the...

Profitlio_Trading Jan 30, 2022

Market Instrument: ABNB Timeframe: D1 Analysis: Technical Structure: Support and Trend Line Prediction: Bullish ABNB is on major support where we have seen a couple of strong bullish reversals formed. At the moment I have picked up a channel on the bearish trend formed and if we can find a good bullish reversal and a breakout on the trend line ( upper boundary )...

Profitlio_Trading Jan 29, 2022

Market Instrument: AAL Timeframe: D1 Analysis: Technical Structure: Falling Wedge and Support Prediction: Bullish ALL has formed a nice falling wedge pattern on this correction period on the daily timeframe. The price is bouncing strongly on the picked / highlighted support formed. If the following bullish pressure remains strong enough we might see a nice...

Profitlio_Trading Jan 29, 2022

Market Instrument: AAPL Timeframe: D1 Analysis: Technical Structure: Bearish Triangle Prediction: Bullish With my previous update, I was expecting the AAPL prices to follow a bearish trend after breaking the key level highlighted. But the price showed up a strong reversal on the key level where it has broken through the upper boundary of the triangle formed. If...

Profitlio_Trading Jan 27, 2022

Market Instrument: EURUSD Timeframe: H4 Analysis: Technical Structure: Falling Wedge Prediction: Bullish After a strong price drop for EURUSD price got back once again close to the lower boundary formed on the falling wedge. If the price manages to show up a reversal with a strong bullish pressure we will see a nice move ahead to the upside with a breakout on the...

Profitlio_Trading Jan 27, 2022

Market Instrument: XAUUSD Timeframe: H4 Analysis: Technical Structure: Support and Trend line Breakout Prediction: Bearish We have seen a strong bearish follow in gold prices recently where the picked up trend line on H4 has now breached with a strong move to the downside. Here I believe the next strong support is holding close to the 1760 area. If the bearish...

Profitlio_Trading Jan 26, 2022

Market Instrument: ETHUSDT Timeframe: Daily Analysis: Technical Structure: Support and Trend line Breakout Prediction: Bearish With the previous analysis was expecting the price to show up a reversal and by now the trend line and looked over support has breached with a strong bearish trend. While the fact of invalidating the previous analysis I am looking into a...

Profitlio_Trading Jan 24, 2022

Market Instrument: EURCHF Timeframe: Daily Analysis: Technical Structure: Support and Trend line Breakout Prediction: Bullish EURCHF has reached a very important level where monthly and weekly supports are held. On the daily timeframe, we can see a trend breakout and a pullback before the next lift-off. The expected target on the future bull trend is close or...

Profitlio_Trading Jan 24, 2022

Market Instrument: GBPNZD Timeframe: Daily Analysis: Technical Structure: Resistance and Fibonacci Prediction: Bearish GBPNZD has revisited another important level of support where we have seen a huge price plunge against the New Zeland Dollar. The expected price drop or pull back on the bull trend formed is expected to reach a minimum level of 38% on Fibonacci...

Profitlio_Trading Jan 24, 2022

Market Instrument: US100 Timeframe: Daily Analysis: Technical Structure: Channel Breakout, Support, and Pullback Prediction: Bullish The price of US100 has reached the first support we were looking at on the chart. Where I believe we might see one last time pull back to the upside and to find the resistance formed on close to 15700k. Following the price action...

Profitlio_Trading Jan 23, 2022

Market Instrument: AUDCAD Timeframe: H4 Analysis: Technical Structure: Falling Wedge and Support Prediction: Bullish AUDCAD seems to be still respecting the structure where we may see a continued rally to the upside with this breakout formed on the falling wedge. The following support helped the price to go for a reversal and the recent sell-off has pulled the...

Profitlio_Trading Jan 23, 2022

Market Instrument: AMC Timeframe: Daily Analysis: Technical Structure: Fibonacci and Key Level Prediction: Bearish The following key levels spotted have breached with strong bearish pressure and this seems the price is willing to go further below these price levels in the next few days. If the support highlighted from the yellow thick line doesn't become...