Hello Everyone, Ethereum is in major Uptrend, but it has formed a minor Downtrend. Trading is not Predictive but Reactive. If Prices Breaks out of the Downtrend, so buy. If it Breaks down of the Uptrend so Sell, but this should happen in 4hr Timeframe to be more Safe. Remember at the Daily Timeframe, there could be a possible Double Top.
Hello Everyone, Aud/Usd is at the Moment still in a Minor Uptrend. Minor means in a lower Timeframe. Even if the Daily and Weekly Uptrend is broken. For a Short I would wait for a Uptrend Breakdown, and a Retest with Bearish Candlestick Confirmation. Possible target is Support at 0.7565
Hello Everyone, This can again be nice Trade because, technical and Fundamentals lines up with a buy. Gbp/Usd has formed a triangle, confirming it touching more than 3 Times the Countertrendline. Triangle Breakout is done, now wait for the Strong Resistance Break out at 1.40, with Bullish Candlestick Confirmation. Buy on the retest. Target is 23. February High, 1.42500.
Hello Everyone, Nzd/Cad formed a pretty nice downtrend Channel. It Rejected it multiple Times. Wait for retest either of Resistance or of Countertrend-line, to sell it. Target could be 0.87500, which acted in past as strong Support.
Hello Everyone, Gbp/Usd is Still on a Major Uptrend. Last Week I thought it would Drop hard, but it didn't. GBP is for me still Overvalued. Anyway as Technical Side, I would only look for a long. The Best Risk to reward Ratio, you will have if you wait for the Breakout of the Resistance and then Buy on the Retest.
Hello Everyone, Gbp/Chf is about to give us a nice Sell opportunity. Wait for the Uptrend Breakout and then Sell on the Retest.
Hello Everyone, On Usd/cad we see a clearly downtrend. It Rejected 3 Times the Countertrendline, to confirm it. Now wait for a Pullback, Ideally to the Countertrendline, with a Bearish Candlestick. Potential Target is 1.2444.
Hello Everyone, If Cad/Chf break the Uptrend to the downside, there would be a nice opportunity to Short it!
Hello Everyone, Btc/Usd is still Completely Bullish. It has corrected exactly at the support, which lines up perfectly with 50% Fibonacci level. My Short-term target is for sure 62`500 Usd.
Hello Everyone, If you check the Daily Timeframe you will see how overextended Gbp/Jpy is. it Could Easily Break the Resistance and Continue to going up, but that is not what I am looking for. I will be only interested if it breaks the Uptrend.
Hello Everyone, If you check the Chart there are a lot of Reason why to sell Gbp/Usd. UK Economy is not that Strong at the Moment, that's why gbp/usd is overvalued.
Hello Everyone, EUR/NZD has formed a Triangle. After The Breakout it could rise Strong.
Hello Everyone, EUR/USD was in nice Uptrend, but last week the uptrend was broken. Its caused of fundamentals. Technically we also have now started a new Downtrend. Potential Reverse could be 1.17500.
Hello Everyone, Aud/Usd, Fundamental and Technical are clearly saying to Sell.
Hello Everyone, XAUGUSD is now in a downtrend, ion a bearish market since it has broken the major Countertrendline (blue line). And this is Reason Number one why to short it. Other Reason is, it has bounced perfectly at the 50% of the Fibonacci Level. I will now wait to break the minor Support, after that I will enter the Trade.
Hello Everyone, NZD/CAD is ready to short it. There are minimum 3 Reasons why to sell: it bounced perfectly at 38.2% Fibonacci Level, at Keylevel and it has Formed on 4hr timeframe some perfectly h&s.
Hello Everyone, Gold is clear bearish, its doing lower lows. It should touch easily 1706.
Hello Everyone. On the Chart you can see why the Market now can go easily touch 1.22. There is an Impulse on the daily, and the Correction at exactly 61.8% of the Fibonacci Level. After Impulse and a Correction always Follows the Continuation of the Impulse. Please Like and Follow if you like it.