Hello Everyone, This is especially for Beginners. This is a Must Know for Every Trader!
Hello Everyone. GBP/CHF is moving between a Range. As we speak now its Testing Strong Resistance and so the Market can easily go down testing its Support. Looking for a Trade Opportunity when the Market is in a Range, is very risky. Anyway it could be a very good Short Entry.
Hello Everyone. Eur/Usd has just corrected the massive Impulse to downside. Usually after a correction of an impulse we expect the continuation to the downside. And that is exactly what the market is doing.
Hello Everyone. Btc/Usd is trapped in a big Triangle and a Support Zone. My prediction will be that the big Triangle will be broken to the downside, also will be broken the Supportzone, after Breakout it will turn to Resitance. After Support will be broken we can easily go down to 25k. After 25k Next Bull run to New All Time High will Start. (50k) Target.
Hello Everyone. GBP/Usd has today created a nice M Pattern. Usually after a M or W Pattern we expect a Retracement till the Neckline. If you look on the chart a couple days ago it has created a W Pattern and has perfectly retraced to the Neckline. So after this M Pattern we will see at least a short term long.
Hello Everyone. Gbp/Jpy has just provided a M Formation, usually after a M Formation we expect the Retracement till the Neckline before the continuation to the downside. So on the short term it will be a long but on the midterm it will be a short.
Hello Everyone. Usd/Jpy has just corrected a strong Impulse to the upside. The correction fits perfectly with previous Resistance now turned Support. So now we can easily see the continuation to the upside to complete Impulse - Correction - Impulse Pattern.
Hello Everyone. Eur/Gbp has created a strong Impulse to the downside, so after an Impulse we usually expect a Retracement at least to the 0.382 Level of the Fibonacci, wich in this case lines up perfectly with previous Support now turned Resistance. So if it manages to Retrace to this level we can definitely look for the continuation to the downside.
Hello Everyone. ETH/USD has just corrected the massive bullrun and has now started the continuation to the upside. On its way to the upside there are 2 Obstacles. It needs to break the first Resistance and then the second strong Resistance wich is the All Time High. If it manages to break All Time High it can explode to the upside.
Hello Everyone. As we can see on the Chart, Xrp/Usd ist Stuck between a Range wich is Support und Resistance. Looking for a Short or Long Opportunity between a range is very Risky, anyway we are now testing Resistance so we can see a move to the downside.
Hello Everyone. Btc/Usd is just to Correct the Massive Bull Run and has now Reached a Strong Supportzone. It didn't manage to close below this Zone. So we might can see the Continuation to the Upside and maybe reach the 50 k Target.
Hello Everyone. USD/CHF is providing us a nice Short Possibility. It has just Created a W Formation, usually after creating a W or M Formation we expect a Retracement till the Neckline before start the Continuation to the upside, in case of the M Formation to the downside.
After creating W Formation and actually testing Strong supply Zone, we expect to Retrace at the Neckline of the W Formation. Please Like and Follow if you like it.
Please Like and Follow if you Like it.
If There`s a Breakout on the 4H, wait for Retest and then Short it!!! Please Like and Follow.
I Recomand only Short for USD/JPY. Please Like and Follow.