Hello traders 👋 USDCAD has broken the resistance in the path of bullish /1.29400/. Although usdcad is now showing bearish signs at 1.30500 If it comes close to the support zone, it will enter a buy trade.
USOIL is headed for a strong bearish trend there is sign that this downtrend may be over. While earlier bullish, oil neared the 100 EMA, rejected strongly and down. But this time, the oil broke the 100 EMA and moved very strongly bullishly. Oil is currently trading at a level it previously strongly rejected. If can break this level and show growth, you can make a...
Gold broke short-term key points and showed growth, gold is may continue to the level of the previous support line. it is better not to enter into short trade The resistance zone and moving average are not working well , which means that there are no sellers in the market
Hello traders 👋 EURUSD broke 1.0000, which was the support line in the previous strong decline. As for EURUSD, the closest support can be around 0.97600, so there is little risk of opening a short trade. Note how strong the DXY is growing
Hello traders 👋 Although GBPJPY has formed a double bottom pattern around 160.300 and is rising, It settled at the previous strong key level of 163.600 and showed a short-term decline.A long trading prediction is that the short-term bearish trendline will break down.
The price of gold is on the rise /1H Chart/, this does not mean that it will continue for sure.Because gold began to fall from August 14, looking at the market movement yesterday, the GOLD price movement was stable. It is risky to open a short trade because there is probably a chance to show jump from this level
According to the previous analysis, after the immediate uptrend line was broken, the decline continued and reached the first tp level. Now GBPCAD in a bearish impulse, we'll wait for the pattern to formed and break down
According to the plan submitted on August 11,Price get support and trading above the resistance zone, but broke it up. For USDCHF, there is no close resistance zone until 0.96.
Last week because of rise in DXY, GBPUSD broke it's strong resistance level. Right now price level trading near a strong support line; 1.17900. It is seems that by next week price level will do correction on the support line. Anyone thinking about going short, be aware of the two levels.
Hello traders 👋 The gold has returned to the descending channel. Drawing fibonacci from 2nd impulse high point to 3rd correction low point, 1803 is on 61.80%. Therefore, there might be 5th impulse.
Hello traders 👋 On Aug 18, downtrend line broke rising wedge pattern. Therefore, it is more than likely downtrend line will continue. It confirms my trading analysis that I did on aug 9. After rising wedge pattern tests resistance line, it formed strong downward price movement. The sellers were waiting for the pattern to break the support line and they ordered...
Hello traders 👋 Trading Mentality First of all, ask yourself this question. ❓ How did trading impact your life ❓ It is important to remember trading could help you reach financial freedom or could easily destroy your life. Everyone knows 90% of the time people lose their money while trading. But it doesn't stop them from trading. Once you start trading...
AUDUSD has received a strong rejection from the level of 0.71250 and is likely to continue its drop. The uptrend line that was a strong support before did not help this time. I think buyers may be not interested. If you want do a short trade, it will be the lowest risk open when the price test line.
Gold has broken the strong trend line that began to rise from 1734 and important key zone of 1785 - 1780 was broken down.
Yesterday's EURUSD broke the short-term up trend line. DXY is very bullish, so trade as carefully as possible. Today, there is a high probability that EURUSD will continue to down after correction.
The price rejection key area of 1.57, GBPCAD seems to be breaking the short-term up trend line . if the 1.55200 support is break, down trend is confirm. If you agree Hit the 👍 LIKE button 🌟 Drop same feedback 🌟
A trend line that was a good support has been broken. NZDCAD drop is trading near horizontal support at 0.804 level. We will be entry short trading at this level and good luck to you all
Yesterday i publish short trade but it wasn't correct because EURJPY is more bullish than I expected. 4 hour chart was strongly broken resistance line. Today, EURJPY will probably check yesterday's points and move up