The index has retested the upper trend line of the falling flag, after the breakout. I anticipate that the index will continue with the bullish momentum since the client sentiment indicate that there are more than 70% of the traders are bearish, a major indication that the price might move reversal of that. My entry point is 7570, my targets are 7650, 7700, and...
The price is currently forming a ranging pattern. I anticipate that the bearish momentum is still building up, and the price will break out forming a bearish pattern. My entry price is 17000, with Targets at 16500, 16000, 15500 and 15000. My stop loss is at 17500 and target R:R is 1:4 Remember, risk only 1-2 % of your account.
Let us see if the price might react to how we predict about it!
Hello guys. According to the higher timeframe of this index (1D), the trend is forming a falling flag, which might be a strong indicator of a bullish momentum. According to the lower timeframe(1H), there is a formation of a falling flag, which has been completed and the index has broken out of the trend forming a bear trap. I anticipate that the price might...
This index has been forming an ascending triangle after breaking out of the falling channel. I anticipate that it might break out of the triangle and maybe continue with the bullish momentum. My entry is at 11875, which is entered after the price has retested the zone. My SL is at 11675, which is below the next major market zone. My take profits are 12075,...
The price has been forming a falling channel for the past few weeks. The lowest low of the trend formed a double bottom , which is an indicator that the trend was to be a bullish move. The price is now at the top trendline of the channel. I anticipate that the price might continue with the bullish run, and I have 2 possible scenarios of the entry zone. The first...
The price has been forming a falling channel for the past few weeks. I anticipate that the price might continue with the bullish run, touching the upper trend line of the channel. My position will be at 11040, as I am using the pullback strategy to enter my positions hence it will be above the highest high formed. My targets are 11180, 11320 and 11460 thus my...
Entry at 93.5 Sl at 90.5 Tp1 at 96.5, Tp2 at 99.5, Tp3 at 102.5 Remember, risk only 1-2% of your account!
Hello guys. The price has been forming a falling channel for the past few weeks. The lowest low of the trend formed a double bottom, which is an indicator that the trend was to be a bullish move. The price is now at the top trendline of the channel. I anticipate that the price might continue with the bullish run, and I have 2 possible scenarios of the entry...
There is a Head and Shoulder pattern formed after the price retested the ranging zone. My entry is at $21000 and my targets are 21500, 22000, and 22500 My stop loss is 20500, which is below the left shoulder. My target R:R is 1:3 Remember, risk 1-2% of your account.
For the past few days, this pair has been forming a falling channel, which might be a strong indication that there is a potential strong bullish movement. If the price breaks out of the channel and retests the upper trendline & close above the 75 EMA, then I will enter my trade at $19200. My Stop Loss is at $18920, My Tp 1 at 19480, Tp2 at $19760 and TP3 at...
Unfortunately, last analysis hit our stop loss. The price touched the upper trendline, formed a bull trap and I was stopped out. The price continued with the bearish momentum, filling in the imbalance formed by this commodity around 28th September. Currently, the price has been forming a bearish flag/ channel (lower time frames) of which I anticipate that the...
Hello guys. This index has been forming a bearish/ falling flag for the past few weeks and it broke out of the channel, retested it and a bullish momentum has been formed. My entry point for this trade is at 3800. My stop loss is placed below the previous market zone at 3720 and my targets are 3880, 3960 and 4040. My R:R is 1: 3. Remember, move your stop loss...
Hello guys. In my previous analysis, I have suggested that the price might move in a bearish momentum because the price seems to not break the upper trend line of the rising channel. As we can see here, the price is trying to fill the bearish imbalance created on Friday. It might retest the resistance zone again, maybe to liquidate sellers who had stop losses on...
According to the higher timeframes (4H, 1D), the price has been forming a rising flag ever since price touched the 26.2 support zone back in June. The price is now at the lower trendline of the channel, and it has formed another rising flag within the lower timeframe (15min, 1H). I am anticipating the price will break out of the smaller timeframe channel, retest...
This coin has been on a bearish momentum for the last 2 months, from the highest high for the past 5 months. Each week, a new lower higher and lower low is formed and there is no indication of the reversal of the momentum. I anticipate that the price will continue with the bearish momentum if the price breaks the lower low @ 268.2 My entry is 268.0 with targets...
Hello guys. This price has been forming a rising channel/flag, which might be a strong indication that there might be a strong bearish momentum (1D).The price has retested the upper trend line, and if it fails to break it, then a bearish momentum is inevitable. Foe my long term strategy, I anticipate that the price will be bearish. For the upcoming analysis of...
LONG TERM STRATEGY This pair has been ranging for the last 4 weeks, after it broke out of the rising flag. I anticipate that the price will continue with the bearish momentum after breaking of the range. Long term target is $12,000 zone entry at $18500.