EURUSD - testing supportAs we can see EURUSD is testing range support. Today we should see if price will break it and go down, or if it bounce back and will go up to resistance.
Posiible scenarios you can see in picture.
Currencytrading
USDCAD Bullish OutlookAs the US Dollar is looking to have a bullish run we may see this pair show a gain in strength as well. More bullish confirmation is given by the inverse head and shoulders pattern here on the 8-hour time frame. Also, price is rejecting the 61.80% Fibonacci retracement level repeatedly.
CAD/JPY - BUY 1) Double bottom
2) Waiting for neckline break and retest to go long
3) Price at the support level
DOLLAR drop to low of 2018?In this chart I had to stop myself from drawing too many lines. The trendlines make it clear to see that the greenback is stuck in a steep, downwards channel. The RSI is trending upwards, possibly indicating that the DXY is overbought even while the price is trending downwards. After breaking past it’s downward sloping support at the 91 level, it has traded sideways in the downward channel and is about to hit the top of the channel.
Personally, I’m not seeing any indicators of bullish price action, so I expect the price and RSI to hit resistance and fall. The RSI is about to get wedged between a resistance line and support line, so expect a breakout in either direction. A close past 94 might cause me to change my bearish outlook.
Bitcoins Break Down 2Reasons for a bearish probability:
RSI is bottoming out.
Head and shoulders formation on top of a falling wedge pattern.
Target: 6k bitcoin.
SHORT USD against TRYtopped out, great potential for usd retracement profit taking shorter/mid time frames 7 - 7.3
GBPUSD SHORTCompletion of an last impulsive move of a higher degree corrective sequence as wave -c . The pair should resume its downside journey as mentioned in the chart for short term.
EURUSD- BIG SHORT After the completion of 1-2-3-4-5 impulsive wave, EURUSD is on the way to resume its prior trend of higher degree on the downside .
EURUSD - Preparation of terminal thrustCurrent scenario seems to be a corrective move , that too in a triangular wave structure before the currency prepare gives a terminal thrust to complete its 1-2-3-4-5 impulsive wave. As of now the price will move up & likely to face resistance near the zone of 1.18500 which will complete the wave - d of the triangular wave. After facing the resistance , the currency pair is likely to take a support near the level of 1.1800 which will form the wave - e .
After the completion of wave - e there will be another impulsive terminal thrust to complete wave (v) of 5 .
btc/usdHello 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.😉
GBPJPY AT VERY IMPORTANT AREA 140.000 is a huge resistance for GBPJPY. I am looking for a bit more of price action around this level and then jumping into a short. Its a huge area so we may see price play around here for a bit before making its next big move.. with 2 bearish daily candles is showing promising signs..
btc/usdHello traders, here is the analysis from our team :
This won't be a normal post.
We feel, BTC/USD is poised for Super Run . You don't see a set up like
this often. buy: 12009.
Target: 12109/ unlimited. Money management
stop: 11909
Stop will be up to Individual. This could shoot to moon.
Let us know in the comment section below if you have any questions.😉
Forex GBP/AUD buy signals on D1.GBP/AUD, daily timeframe: Support level + Triple Divergence + Hammer + Morning Star
USDJPY NEW UPTREND?Hey traders I am currently looking at USDJPY making a slight pullback before making another possible move to the upside. As you can see on the 4hr time frame we have had a big rejection from that 105.000 area and now looking like the bulls have this in an uptrend. For every trend we need to expect pullbacks before price continuing on to new areas, I have marked out 106.000 as its a nice round figure and has shown to be very supportive in the past, a pullback to this level could create another great risk reward and take this pair even higher. We do have some news this week that may influence this and show us some nice volatility within the market. As always plan the trade, trade the plan... have a good week!!
USDCAD Is Ready For you Now.USDCAD about to rise...
Same stuff, different chart.
Dont be silly with the position size
hold it for what its worth.
This really shouldnt be given away for free... **** it.
Like - Comment - Follow - DONATE = All the good stuff.
GBPUSD - Ready to take offIt seems the pair is just finishing its final leg as wave- e of the corrective triangular wave structure & is ready to give an upside push.
GBPAUD STUCK IN SIDEWAYS MOVEMENT I do favour GBPAUD upside, but we will need to break out of this little sideways channel we are seeing. I've highlighted the 2 levels in my group we have taken advantage of the latest upside move. I do see some more consolidation around here before the next big move, but i still think so weakness is on the cards for AUD..
btc/usdHello traders, here is the analysis from our team :
BTC/USD.
sell : 11738
TP 1 : 11728
TP : 11638
SL : 11828
money management starts : 11728
StevesTradingView 😉
Let us know in the comment section below if you have any questions.😉
btcusdHello traders, here is the analysis from our team :
buy @ 11585
target @ 11590
target @ 11598
stop @ 11572
money management @ 11590
Let us know in the comment section below if you have any questions.😉
btc/usdHello traders, here is the analysis from our team :
buy@11802
target #1 @ 11807
target @ 11815
stop@ 11789
money management starts @ 11807
Let us know in the comment section below if you have any questions.😉
GBPUSD RUNNING INTO MAJOR DAILY RESISTANCE Hi traders, GBPUSD is running into a major area of resistance and already showing this area is going to be hard to pass. From the highlighted area ill be looking for short trades, I think price will consolidate and move sideways before making a big move to the downside. The new 1.30000 level of support will be breaking point before the next large move down.
FOLLOW THE TREND - NZDCHF SHORTS I had highlighted 0.62000 level weeks back looking for shorts from this resistance. Price has shown that its in a big weekly down trend, If not already in this swing trade id be looking on the smaller time frames for an opportunity to hold this short. RBNZ rate statement this week so it could provide that opportunity if not we will see some more downside.
