TrendZones

TrendZones

After breakout of a major Downtrend at 4000, Price is trying to change the tren. And after successful retest of a Support at 3812, The price is trying to retest again the resistance zone at 4186. In my opinion the price will continue in an uptrend after retesting the support on 3940 where we can enter in a long position for TP 4168.

TrendZones

Bitcoin Broke Strong Resistance on 25000 with good volume and now in a tight range from many days from 27K to 28K. Seems like price is unable to break a resistance on about 29K. Most probably the price can retest a level of 25K before continuation of a trend. We do not short in an uptrend. we wait until a clear price action and will go long on 25K OR After...

TrendZones

XAUUSD is on Long term Uptrend, So we go with the trend and look for buying opportunities. We have a clear breakout at resistance level 2000 last week with good volume and a nice bullish candle. Now the price is on retracement and i believe it will retest atleast 2003 as a support level before further up movement. Also we have a nice bullish flag pattern. Now...

TrendZones

EURUSD is currently in an uptrend so we only look for buying opportunities. Wait for price to drop on Dynamic Support at 1.08753 and then wait for candlestick pattern then enter in long position with TP1 on resistance level 1.09732 and TP2 1.10 and Sl below Support zone 1.07753. IF trend line broke then we will look for buying opportunity on strong support zone at...