If you have not noticed and looked at the gold market price recently, let me tell you it is all over the place. The U.S dollar is getting stronger and a likely Biden stimulus could make things only make things look more bearish for the yellow metal. I am currently seeing some bullish price action in the gold price but the fundamentals causes uncertainty in...
Seems as though EUR/USD could be going on to the downside
A possible sell for the EUR/USD pair price is currently at a significant resistance level in the market. Risk to Reward ratio is 2.5. Take notice there is a lot of volatility in the market.
We know the price of gold is fundamentally going up AND... ...On the 4 hour chart we see a bullish flag which is a bullish continuation formation but right now the price is currently at the resistance, but I do not think price will breakthrough just yet with so much uncertainty in the market with the elections and all. I think we are looking at a pretty good short...
Hello guys ,my previous EUR/USD analysis worked out pretty well we hit the TP for 220 pips. I made the call in the 1H timeframe, AND looking at the 4H timeframe currently I think possibly we could see a downward continuation of the price until the 1.1285 level. What are your thoughts........?
On the EUR/GBP 1H chart we can see a clear bullish flag formation emerging so I would say there is definitely a buying opportunity at hand, the question is, will the price find the resistance again, come down to the support for a better entry into the market...? What are your thoughts............?
Price at the 78.70 level, will price find the resistance or breakthrough and move up. Here is my setup
I made an analysis yesterday on the NZD/USD talking about a possible sell for the market but jeez we almost got stopped out ,you can look for yourself. I mean talk about a fractional pip haha... Luckily we saw price reverse but we are not out of the danger zone yet (are we ever) price reversed but it can possibly find support at the trendline it closed...
Here we see GBP/JPY price having some loss of momentum at a trendline resistance R2R ratio 2.5 Comment down below your thoughts...
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So we see that USD/CAD has been moving up but could the price find the resistance it is drawing closer to on the 15 minute chart See the chart for what I think will happen
We almost hit the stop loss but price reversed just before we did and we are currently in a profit but we are seeing resistance again at the trendline.. The question is will price break through the trendline and have some sort of recent support before it reverses again or will it hit the SL if price reverses.. Comment your thoughts....
The triangle formation on the chart is a sign of neutrality in the market but I guess you do not have to be a genius to figure that out. The market has been very volatile lately and here is what I think will happen : What I think will happen is price is going to break through the triangle formation pattern on the downside and continue going down and then find...
On the previous idea I said that we might see that bitcoin making a breakout on the upside.. Turns out we were right..Will BTC/USD make the $14000 level today What are your thoughts ?
We had a good entry at the start of the week. Now we are seeing price is finding support at the trendline but overall things are looking down on the technical side of things. Here is what I think will happen : Price is going to find resistance at the upper trendline and come down but most likely only going to start really moving down where we see the 2 trendlines...
The NZD/USD may be getting ready for a turn to the downside of the market.. My reasons for thinking so : 1) The price is at the upper trendline and we have been seeing consistent movement between the lower and upper trendline. 2) Price is at a significant resistance level the 0.6700 level 3) Stochastic Oscillator also showing signs of overbought conditions
We see that price has come back down to the 19.1386 support level. If price finds support and moves up we could see resistance at the 19.3352 level. If price breaks through this support and the next support is at 18.9059 level AND if price breaks through this level we could possibly see a big move to the downside.
We see that the USD/CHF has broken through the trendline indicating bullishness for the future. I think although we see the bullish sentiment the price is still going to move down AND THEN find support at the 0.9000 level AND from that 0.9000 level we are going to see price find support and we are going to see the bulls take over and the market is going move...