A study of time cycles indicate based on recent history that a rise may halt at a break below 36550-36600 and may dip to channel bottom and may be a little undercut. It is expected to retry the range around 13 Jan 2022 and a sustain above the top of the range may increase the volatility and target band up to 37200 and 38000
an alt coin analysis showing timeline and probable move for your further consideration. Trade with money management and SL as per risk appetite. Looks a good stock for trading in the zone.
Since beginning 1.20ish has been the most traded level for ADAUSD ... from the beginning of bull journey to the top, the current level is also an important 61.8% retracement level ... Go long and keep trail the SL. with slow below 1.
BTC beautifully bouncing from important technical support and now inching toward 52-53k range. Respect the levels. Manage Risk and Money. Enjoy!
On the verge of break of HTL and VTL on 2H timeframe. A short high probability sprint available for NZDJPY between 80.690 (buying SL) to 80.790 as 1st TP SL as per risk appetite, first small logical SL would be below 80.3. Trail SL as we move ahead.
An analysis of Gold daily trendlines (horizontal and vertical) and some ideas of how to trade gold in near future. Risk Management and Money management are integral part of success for any trading position.
GBPUSD taking support from a Fib level, a big rejection of downward move on a Horizontal TL, and a potential morning start formation on 4HR. Looks ready to test the downward trendline. A break above would even make the move stronger. A Good R:R scenario for short term and to trail if cross the Vertical TL.
USDJPY 4H reaching the important yearly resistances. A short opportunity is likely to emerge on weak candles at resistance or a recent bull candle break which will lead to test the recently broken trendline. Some of the oscillators and relative strength against DXY have initial indications of bearish divergence.
Short EURUSD as it breaks pivot. Fundamental news expected data - US Inflation data. Market is expected to be volatile , good for trading with cautious SL. All Bulls and Bears point mentioned.
Rallying after a double bottom on daily. The rally has taken a correction with 43900 now a very important level. A break leads to 5-10% easy move downside ELSE it is likely to act as support for good quick gains on long.
Buy GBPUSD with strict SL. Trend lines and FIB support and strength against DXY and high RSI are all supportive of bullish Heiken Ashi to continue.
AUDCAD Breaking Wedge in Downtrend indicating continuation of downtrend. Go Short with SL.
After a long down turn, the indications are positive for AUDUSD on 2 hour time frame. Started making a sequence of HH and HL. Go long and trail SL as we go up! (dont forget stop loss!)
Short USDHKD - small SL at 2H. Quick Trend breaking probability of good targets.
USDJPY breaking HH HL sequence on Daily - Short with small SL for quick gain, Good RR. All trades subject to market risk.
GBPUSD 1 hour long call - 50% of last major Area of Value showing reversal signs with hourly candle developing like a hammer, likely to pull back. Keep strict SL and trail SL once we move in the right direction.
A good chance to quickly ride a retest with small SL. A retest of recent BO eminent with a bearish divergence (Chaikin)
EURUSD - 1 hour call - Book Profit at Bearish Engulf , we have already achieved 2 TPs.