The DXY formed a hammer on daily bias (marked in purple) and is turning a spinning top on 4 hourly and 2 hourly. That means that bears are lose selling volume and at he weekly level (i marked in grap line) To go long , it need one more time to retest the weekly level to go around 98.80 (take profit), because it forms a bullish ABCD. Set your stoploss under the...
We're witnessing a painfull moment in America, because of the tragedic incident of George Floyd. What could happen to the USD dollar ? Could it stand firm or lose it. When I was drawing all the trendlines , fibonacci, seeing an insdie bar, left right shoulder inverse, indescison candlestick, bullish shaved bar to reach my target around 135.000, but all those...
Because the usdchf broke the zero FIB on a 2 hourly, it need to go back to the outer trend line (around 0.95700-0.95800) And after i can retest back to the weekly level line (marked gray line) around 0.96200 After those ranges, it can go lower . short is term is around 0.95000 Target is around long term 0.93000 long term
We're seeing that the last candlestick is sqeeuzing is the smallest of the last 3 and 4, that means we have a reverse take your stoploss under the the last candlestick Because we're seeing a fundamental news on NZD in an hour, i am negative to that. Share your opinion and like thanks Good luck
Gold is breaking the 0.38 FIB and is heading towards the 0.50 FIB (around 1716$ take pofit) stoploss 1733$ risk reward almost 1/3 (3.8)
As we're opening the market , it opened with a gap lower and broke the counter trend line to the downside. The next scenario is if we closing the next 4 hour under the counter trend trend line, we could sell the US dollar till the purple support i marked (around 99.45) Let's see what it could happen from that moment. We're seeing three pro arguments: 1) it's...
Like I analysed th last 9k and the retest we will now go under 9k and looking forward to 8500$ Another argument is that some States are opening, so the the dollar might be strong against the Bitcoin Do you agree on my simple analyse ? Like and share your thoughts. Have a nice trading week and Eid Mubarak to all the Muslim brothers and sisters
As we see a nice bearish AB=CD;Bitcoin might go lower. If it breaks the last resistance today around 9300 on a daily frame, we could go back lower to 9000k and after retesting we could go back to 8500k. Keep it simple. What do you think ? Like and give your thought. Have a nice weekend.
I see a strong rebound around this support and because of the testimony speech of Bailey. Take profit : 2.00500 stoploss: 1.99600 what do you think ? comment and like
As I looked for the corrective expanding trangle. GBP looks very similar to that pattern info: worldcyclesinstitute.com sell oppurtunity and 30 pips above. risk: 1/3 commend and like what you think; don't be shy? :D
A nice ab=cd forming, short the USD against CNH take profit around 6.95000
As you can see we're seeing a bearish AB=CD pattern for more learning look to his site: forextraininggroup.com Take profit around 99.45 Stoploss 100.65 (30 pips ) What do you think ? Like and feel free what you think about this analyse
Ethereum have seen the retracement of the 0.38% FIB, so in my opionons we will go higher to the next orange trendline(weekly) and black level (monthly resistance resistance. Before we want to go higher in prince, we need to break the weekly resistance, but in my opinion you can use the NR4 methode on daily chart and as you can see there is no N4, so you need to...
Gold just made a tweezer top. The last two candlesticks on 2 H are on the top almost equal, that means there would be a SELL signal before and after the the major jobless claim news. Have a nice trading day
prepare yourself for the next crash in gold, dow jones and BTC !
GBPJPY retraced the 0.38 fibonacci and is heading towards 0.50% fibonacci retracement 30 pips stoloss above your 0.38 fibonacci level and take profit around 130.000 Have nice trading week
Bitcoin will dive to 7700 because we're witnessing a engulfing candlestick and the moving crossover are tight to each other and are to cross over. Take profit around 7700$ Don't think it can go easily up, this resistance above is strong, it need one leg more to go down. Have a nice trading week and risk reward
This week we might see slight pullback from the purple support zone I marked on the chart(around 99.00 and 98.80) Those zones are buy signals and it can go to the next monthly resistance around 99.78 before thursday In the next days we having consumer prices (news) which are mostly positive( we people always consume and also during corona times) But i would...