This is why I took this trade: 1. Important resistance zone 2. Pinbar on 4h and 1h tf
Why did I take this trade? 1. .236 fibo & good weekly support 2. RSI Divergence on Daily TF 3. Long-tailed Pinbar
EURJPY retrace (4th wave?) Check out for bullish signals
EURUSD is trying to break 1.172 level for the fifth time in the last month. If it will do, long term trend could be confirmed bullish
USDCAD retraced to .236 fibo level. Long term trend is still bullish but now we're inside an huge lateral zone that last from weeks.
Double 2 r/r short entries if pinbar is successfully completed on 4h tf First one is aggressive with SL some pips over pinbar that is forming on 4h Second one is more conservative If you want to be really aggressive you can enter on 50% of the pinbar
If EURNZD will break red line price will fall to .618 fibo support
Potential falling wedge on NZDUSD indicating trend should reverse soon but bearish trend still has something to say
Lower max and prob top channel bounce are indicating a potential reverse on USDJPY short term trend. 4h candle close will confirm or not this view
ETHEREUM is the second cryptocurrrency for capitalization and its importance is equal to BITCOIN, so an analysis of this crypto is crucial to understand what is happening and what has happened to cryptomarket in recent weeks: 50-period Moving Average seems to be a really strong support to ETHUSD price (point 2 and 4) 1000 is a very psychological level for...
XVG is inside a flag pattern. Point 5 was a false breakout of the structure. Now the price should retrace around blue rectancle area before the bullish trend will continue. Most important price levels now are: Dotted blue line: if XVG will break above that level, the bullish trend is very strong and it will continue for days; Dotted red line: if XVG will go...
EURUSD is retracing down giving us a good opportunity to buy. Huge resistance area from 1.17 to 1.15.
USOIL broke above indicated bearish trend line. Target @ 55 Potential resistances @ 50.50, 52, 53.50
Gold is retracing giving a good opportunity to buy around 1300 area