GBP is on continuous down trend. In my opinion War seems to be one of the sub set reason of bigger issues related to internal eco political ,is reflected in this downfall.
Price closed above $2641.00. Watch for a buy opportunity. Key resistance above that is $2807.20. So, wait for price to retest $2641.00 for an entry and set take profit for $2807.20.
Wait for a close above 38731.67. A close above 38731.67 will expose 41275.96 as a potential target for take profit. I am looking for a close above 38731.67 and a retest of that level for an entry. Take Profit is 41275.96.
USDJPY is bearish. Watch for bearish price action signals.
Litecoin Cryptocurrency Market is Bearish. Breakout Retest [EMA 10 is Below EMA 20 on Time Frames H1 H2 H3 H4
USDJPY possible target at resistance 110.3000 on the 4H time frame
Cup and Handle pattern... Gold will be PT 9,963 about 10 years later while Dogecoin will be 1k-10k Bitcoin 2.0
My analysis is simple, as you can see on my chart, a double top pattern has been formed on the H1 time frame, which means there is a trend reversal from uptrend to downtrend. Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
A bearish flag pattern is being formed in the consolidation on the 15m time frame, which means it is still continuing the downward trend in the short term.
As seen on the chart, there is a divergence between the candlestick on the H4 time frame with the Stochastic indicator, the candlestick is moving downwards while the Stochastic at a glance looks like it is going up. Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
It seems that for some time in the future we expect to be able to buy USDJPY , because it can be seen from the displayed chart, there has been confirmation at the price of 104.022 touching the 61.8% Fibonacci retracement level (Fib 1).
We can see from the EURAUD chart presented, that on November 25, 2020 the price has hit the 61.8% Fibonacci retracement level (Fib 1) at 1.62128 price.
So the GBPUSD price has touched 1.33674, at the 61.8% Fibonacci retracement level. As can be seen on the chart above, we expect the first downside target at 1.32869 at the 161.8% level, and further the second target at the price 1.32288 at the 261.8% level. If the price moves above 1.33808, the possibility will continue to rise.
Hello traders, here is the analysis from our team : buy: 12320 target:12520 stop:12120 money management @ 12370 Let us know in the comment section below if you have any questions.😉
Hi, AUDUSD has started to reach to the high-probability short-term reversal area. The price increase has been pretty amazing so, a bearish candlestick pattern inside the marked area is definitely needed. Criteria: 1. 2x AB=CD 2. Channel projections crossing area 3. 2018 low should act as a resistance 4. The round number 0.70000 5. Fibo Extension and...
Looking at EURNZD SETUP showing a continuation of the move to the downside after being rejected from the supply Region but also considering it was a Double Top Region too Currerent price is in a down trend and has formed a Bear flag as continuation Pattern to the downside but also price is rejected from one of the fibonacci levels looking forwardto take the...