Get started

Analysetechnique

ADX ready to break out?After a serious decline in their prices last days, ADX is recovering. When we take a look at the daily chart (not shown here) signs for a bullish market are there. MACD is close to a golden cross and also the CCI indicates a bullish signal. Meaning that the big players are preparing to bring the ADX price back to a higher level. When we have a look at the 4h chart we see that the MACD is in a good bullish position and de CCI is also showing some bullish signals. ADX broke through the 0.236 Fibonacci retracement level and tested the upper retracement level and 0,392 (long wig of decline) which resists. At the moment we can see that the price is going sideways with a support on the 0.236 fib and resist on the upper fibonacci level. As the daily is also showing bullish signals, following the big players is always a good idea. If price breaks through the upper Fibo level it will skyrock. Keep an eye on the ADX movement coming hours and don't miss if it breaks out.
by ThorDior
GBPJPY Short for Swing TraderGoodday Blessed People i just want to sharing my analysis. Here is my analysis about GBPJPY: I Have 2 Scenario for this pairs, i'll open my position now (When Market Open) @149.060 and set my Sell Limit @149.900 with the SL @150.800. GBPJPY SHORT ENTRIES 1 : 149.060 SELL LIMIT : 149.900 SL : 150.800 TP1 :145.700 TP2 : 144.100 TP3 : 140.000 Trade safe, u dont need to follow my TP, take ur profit as long as u want, or u can move your SL above profit, there is no reason to risk capital. Disclaimer : this is my trading anlysis, it is not an invite or recommendation to trade.
Short
by RionZealouzsKurniawan