GBPUSD is being squeezed in a triangle formation. When such a pattern occurs, it usually means there'll be a strong acceleration in the direction of the break out. Our 1st major level of resistance is at 1.4135 which is a 61.8% Fibonacci retracement and horizontal swing high resistance level. Our major level of support is at 1.3766 which is a long term 23.6%...
EURUSD has broken our major ascending support line and we can also see that it is below our ichimoku cloud. These are usually very bearish signs. We can also see that our long term ascending support line on RSI was broken which is also a strong precursor to a change in momentum from bullish to bearish. We do feel that there's major support at 1.2230 which has...
We can see that USDJPY has reacted perfectly off our resistance at 107.70 which if a fibonacci retracement level and a horizontal pullback resistance. RSI is also correspondingly reacting really nicely off our descending resistance line as forecasted. Our next major level of support remains at 105.70 which is a fibonacci extension level and a major swing low...
Nikkei is testing major support at 21700 which is the 38% retracement and 61.8% extension along with a strong overlap support. Breaking this level could trigger a strong move down to 21353 ( 61.8% retracement , 100% extension, horizontal overlap support). It's important to note that RSI has broken below our strong 50% support signalling that a potential bearish...
EURUSD has broken our long term ascending support-turned-resistance line signalling there's a strong potential for it to turn bearish. However, there's one more major support at 1.2230 that needs to be broken to trigger a potential bearish move towards our next major support at 1.2074. There's still good downside potential on Stochastic too so keep an eye out on this idea.
Hey Traders, In our previous analysis we Bought EURUSD as a counter trade to our short analysis and it worked out well as expected for both BUY and SELL averaging in about (+200 PIPS) of Profit! Here we're looking at Bullish Swing after bounces of from 200D M.A EUR Zone Index and events this week are on priority and will be covering with there...
Hey Traders, we're back with another trade with a possibility of quick Target, Based on Simple Technicals AUDUSD M15 Fibonacci Old school with RSI/ROC the most simplest trade with SL - 0.78927 (-30 PIPS) TP - 0.79686 (+50 PIPS) ENTRY - 0.79244 (CMP - Current Market Price) have any doubts? than, let us know in the comment section below and make sure to give...
Double TOP confirmed on GBPUSD with a good crossover on MACD in 1 DAy timeframe. Follow at your own risk.
FOMC Uninspiring, NFP is on Deck Yesterday's Federal Reserve rate decision seemed to go through without significant fanfare, leading us into the next couple of days' worth of data as US issues remain in focus. At 10AM ET today, we get ISM numbers and tomorrow brings the big one with Non-Farm Payrolls for the month of January. The current expectation is for the US...
EURCAD Harmonic Pattern - Thank you for your likes and comments. You can follow my other social media accouts :)
We're seeing some nice support with a swing low support and fibonacci extension (61.8%) profit target coinciding with this level. Keeping a low risk and high reward setup, we'll play the bounce from here and hope all turns out well!
Double top formation. If u like my analysis please like.
It is possible usdcad to continuing downtrend based on perfect retrace and bounce on d1 time frame, this is the key level to watch. Feel free to comment my analysis :)
Everything is on the chart, feel free to ask any questions. For more complete analysis like that, simply follow me, I will post A LOT of analysis so you can make money with me ! :) Thanks for your support!
New shorting opportunity on the EURCHF pair. Check it out see if it is a setup you maybe interested in. Remember to use good risk management. 1 year is equal to 365 opportunities. Good luck.
A set up for completely free money. BTCEUR pair. Check it out see if it is a setup you would be interested. Remember this is not a signal. It is a decision you have to make based on analysis. Use good risk management. Let's catch pips this week. The past is your lesson. The present your engine. The future; your motivation.
A set up for completely free money. XAUEUR pair. Check it out see if it is a setup you would be interested. Remember this is not a signal. It is a decision you have to make based on analysis. Use good risk management. Let's catch pips this week. The past is your lesson. The present your engine. The future; your motivation.