Price is tryin to return to it's upward channel and this kind of consolidating means BUY position for me , on 30 OCT i prefer to buy NZDJPY . Currently, the sentiment in the NZD/JPY market is estimated as bullish. The 14-day RSI reading is 62.51, suggesting neutral conditions. In the last 30 days, the volatility of the NZD to NZD has been 0.44%. The current NZD to...
The Swiss Franc pair is usually used as a carry trade. The Swiss Franc is considered as a safe currency during unstable economic times and the Australian Dollar is a more responsive one to global economic conditions. The AUDCHF pair is often used as a measuring stick for global economic performance. and as you know , how is the global economy ? beside all these...
you should forget about BTC or any othe cryptos. we have USDCAD in forex so are you ready for one of the longest and sweetest journey ever ? the cup and handle and after that pretty double bottom are clearly visible . you don't need any indicator for this . price action is enough it self. i strongly suggest you to check my USDJPY and GBPCAD articles . this one is...
as you all know gold has just started a long term bullish movement and i believe the main target is 2500 $ soon will touch this area regards
it needs a strong confirmation and the strongest confirmation is to close beneath white circle do your own researches before opening position regards
it's just made a HH in lower time frames i guess xau wants to return to it's bullish trend should we close our trade manually here or let it run ?
inverse head and shoulders pattern formed and price finished it's pullback to neck line support area which was previous swing high and low point. for me everything is ready for a long position opportunity I'm waiting for a clear and strong structure breakout in lower time frames
every thing is clear in the chart this is pure price action you don need any indicator or any oscillator just focus on price everything is in price !
1st target is the area inside white circle and will touch 100 % if you trade ny session you will understand what i mean so big opportunity just arrived hola
i see a great mid-term Long position opportunity in Swissie, we are in swing's key entry point . what do you think about this article ? please share your opinion
hello every one happy nowrooz to all people around the globe this is so clear that gold has broken the decade's resistance and i believe that it's just start a big upward journey for the precious metals specially our sweet gold so every thing is clear if you need or have more and better information let's talk in comments
well as i mentioned in the chart i expect bearish market on loonie this is third time that price reaches to 1 year resistance area which is very strong and i don't think of breaking the resistance yet you know why ? caz nothing so special has happened to canadian economics so price needs 1 more down leg and then it can rise to break it let see what happen
merry Christmas what do you think about this setup ? i strongly suggest to check related idea sell position to fib 0.618 which acts as strongest support in this setup so don forget those Japanese ninja moments
what do you think traders ? it seems a nice opportunity for entering buy setup
i see a great mid-term short position opportunity in GBPCAD , we are in swing's key entry point . what do you think about this article ? please share your opinion
hello trading viewers this is my 1st article on USDJPY price action always shows the realities of the market all you have to do is to 1-understand it 2-trust it and 3-keep it simple I'm bullish on Gopher and as you can see in the chart here is a very good opportunity to make money by it please tell us what do you think about it . regards
double top with lower high on 2nd high shows the potential for trend change . i believe here is a great opportunity for selling USDJPY. target are fibo retracement levels. and do not forget that patience is the key to success . wish you have a lovely autumn.
hello trading viewers actually my point of interest to entering a long position is after pull back to major valid trend line price needs a consolidation after 2 week rally don't forget that patience is the key