With the rise in the price of all crypto assets, many novice and beginners has been attracted into the crypto currency space with millions of dollars willing to invest/buy at what could possible become the annual All Time Highs (ATH).
Technically speaking i would like to see price close substantially above the $20,000 price level and perhaps retest it one more...
Hello Guys and welcome to another wonderful day trading the financial market, as we can see on the charts yesterday GBPUSD made the expected LL to 1.2257 area and we saw a 50% fib retracement during the Asian session, we further saw a kind of wedge pattern breakout to the downside after the 50% retracement which signals to me a potential bearish move.
I was able...
Its been massively fun trading the GBPUSD, for me i just like the GBP crosses are they deliver good amount of piprunsand always follow up with my analysis, as you all know you are to do what works for you thats why i trade them almost all the time.
So back to our analysis, we see this pair make a new LL on friday at 1.2315 and retraced back, i was expecting more...
As the market opens late Sunday night, Gold rallied to the Hi's 1775 establishing a structure Hi that later got tested three more times.
I waited for my confirmation trade entry before taking it on a short term sell at 1.772 with my stops at 1.775 projecting profit towards 1758 and perhaps 1750 is we have more sellers to further push down the price.
Also the...
after my last post post indicating that Gold may head up as the 1455 zone stands a stong support level folowing the 161.8% fib level further confirming this zone.
Sicnce then Gold has moved over 1200pips to the upside. we look to see more high
We look to see Gold make a huge decision around 1450 area, if the support level gets broken then price will likely gets lower but if we find some strenght at this 1450 spot price may pull back into the 1570 area.
Hello traders, hope you all are having a nice time in the market..?
Here on EURNZD previous to my calls to buy earlier yesterday around 1.7170 the euro gained strenght and later retraced into the major support area of 1.7160 leaving us with a nice W formation at the Monthly lows, further to this, i plotted the MACD on the chart and discovered some...
Presently shorting EURJPY @ 120.00 after rejecting the weekly Highs and breaking out of a structure trendline, this is a high probability setup and hopefully will pay out
Hello Traders and welcome to another great day of trading, yesterday i posted a gold buy signal which was later stopped out. but today we have another wonderful oppurtunity to the upside again. I took a buy position at 1455 with stops at 14552... my initial profits at 1459 area then i will further be waiting for price to get around 1473. Keep booking partial...
Hello Traders,
Hope everyone had a great weekend? Welcome to a new trading week.
As we can see from the charts EURNZD deeps in to the 1.7155 major support zone which was formally tested around early November leaving us with Double bottom chart formation. from the H4 timeframe we see the close of the last candle which is an indecision candle which further...
