TradeMagna

TradeMagna

Hey dear friends, This currency pair recently is about to test very important trendlines with good purchasing power, also as we all saw yesterday that the news came NOT in the favor of the US dollar. So it's better to be prepared for such scenario to happen... To be continued...

TradeMagna Updated 

BITCOIN is about to break a very important trendline. Be aware if the market broke with good selling power beneath it. we would see a VERY LOW LEVEL! So pay attention and be objective.. To be updated...

TradeMagna

I referred in my previous idea that bitcoin would at least test the upside trendline, and it would be critical if this trendline broken. However this trendline proven to be solid to bounce prices back with very strong buying power. Now you could target very high levels from the current area. To be continued...

TradeMagna Updated 

Hello friends, Today we could see BTCUSD trying to retest the trendline so it's better to be prepared for such scenario to happen. Also, we could see a more downtrend if prices reached successfully the trendline and broke below it. To be updated...

TradeMagna Updated 

In our previous idea we mentioned that gold would go upward, however, we have a very key level here that market should not break below if it were to continue the upward movement. So be prepared for any scenario...

TradeMagna Updated 

USDJPY is near a very important resistance which is supposed to bounce the prices back but looking closely at the sentiment buyers of US Dollar it looks like that dollar is pretty strong that it would be easy for it to penetrate that resistance. supports that the fundamental news. Technically, we have a narrow channel which suggests that this pair could bounce...

TradeMagna

Hello traders, Today we have a pretty quite setup for USDJPY which implies a very small risk and high reward. If prices went down and broke the consolidation area, it would suggest a fast down trend that we can exploit. Be prepared for any scenario to happen...

TradeMagna Updated 

GBPUSD Already broke a very important trend-line and showed off a stable price behavior under it. It's expected for this pair to go into multiple key levels. To be updated...

TradeMagna

According to the latest idea, I suggested that gold should go to the support again to test it before deciding whether to bounce back or continue the downside movement. However, Gold seems to lose interest in the selling power but is still too early to decide definitely it flipped over. we have many levels to be penetrated first before we can eventually say that...

TradeMagna

As we all see the huge drop of gold at the beginning of the week until it hit the support at 1677 but it's still too early to judge on this support. I think that market should at least test this support again before rejecting back, hopefully, bears would like to see lower prices so they can see what is down there. let's see and be prepared...

TradeMagna Updated 

Hello traders, we've seen at the end of the last week that GBPUSD prices dropped sharply just before the closing of the week, which indicates that there is a huge withdrawal from the purchasing power. We could for now use any minor correction to target lower price levels as indicated on the chart. To be continued...

TradeMagna

according to the last idea, BTCUSD broke the descendant channel and still showing good purchasing power. We will keep targeting our upper box. To be continued...

TradeMagna

Hello traders, we've seen at the end of the last week that Gold's prices dropped sharply just before the closing of the week, which indicates that there is a huge withdrawal from the momentum of purchasing power. We could for now use any minor correction to target lower price levels as indicated on the chart. To be continued...

TradeMagna Updated 

Currently, USDJPY is contained within ascending channel which is expected to hold at this time, we have two targets right now, first the upper bound of the channel and of course, if prices been able to break this channel we would see higher prices as shown on the graph. To be updated...

TradeMagna Updated 

Gold now stands in front of support level which would implies a very low price level if the market broke it with good momentum. In case that market broke it successfully we would target the lower boxes respectively. To be updated...

TradeMagna

Apple stock stands in front of A VERY IMPORTANT RESISTANCE LEVEL which would push the market into very high price levels if the market penetrated it with very good momentum. Wait for a while for the market to penetrate this level AND SETTLE then target higher target levels. To be updated...

TradeMagna

BTCUSD already broke a very important descending channel with a very good momentum which suggests that we will high likely see higher prices. To be updated....

TradeMagna Updated 

BTCUSD accumulated purchasing power for a long time and it's expected to continue again into the uptrend from the current correction. Use your own strategy to set your target and wishing you happy trade...