Opening a long position for #XAUUSD would be a good trade under these conditions: 1. As long as price is above the "green support line". 2. When EMA(5) crosses the EMA(20) upwards. *Never forget to put your S/L *The analysis will be valid until price breaks the green support line downwards. *The analysis is not an investment advice, it is educational...
DXY Short Scenario: 1. Open short when the triangle is broken downwards. 2. Take Profit when the price reaches the critical area. Don't forget to put S/L. * Remember, if the price breaks the triangle UPWARDS, opening a LONG position would be logical. * I do not recommend you to insist and see the chart from only one perspective. Stay Safe
There are some bearish signs show that BTC may crash in the following weeks: 1. EMA(5) crossed the EMA(20) downwards. 2. Ascending support line is broken. 3. Regulation news about cryptocurrencies. So, get ready for a drop. Stay safe!
Here is the nice "inverse head and shoulders" pattern for USDCAD. Opening a long position looks logical with the safe stop loss place. Also, there is FED interest rate decision tomorrow. I expect them to increase the rates. To sum up: USD LONG XAG SHORT XAU SHORT CRYPTOCURRENCIES SHORT is expected by me. *Note that this forecasting is based on the news coming...
Scenario 1: Go long after price breaks the green resistance line! Scenario 2: Go short after price breaks the red support area! *Do not forget to put S/L *Not a financial advice, it is for educational purposes.
Hello! We see that there is a downside channel in FB stock. For the ones who ask the entry level to that stock is around 357$ Why? 1. We should be sure that the downtrend is over (Above the blue channel) 2. We should believe that the resistance area (red area) is broken upwards. So, do not hurry to go long for facebook, just wait the right time. Stay safe!
I created my Short position set up for #XAUUSD. The volatility of the gold has decreased since the market is waiting for the news from USA : Core CPI (15:30 GMT+3:00, Friday, December 10,2021) I expect that the volatility will increase again after the news, and I will be there if prices drop. Sell Stop: 1760,30 Stop Loss: 1783,30 Take Profit: 1702,80 Stay Safe!
Watch the market carefully in between the two lines and get ready to take action for both scenarios.
#BTCUSD: EMA(5) broke EMA(20) downwards (first sell signal) Support line is broken (Second sell signal) Wait to open LONG until EMA(5) breaks EMA(20) upwards. Do not hurry to buy BTC!