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DeGRAM | EURUSD short In light of the latest news, the dollar is strengthening. Thus, the currency pair falls in price. I have drawn strong support lines, in the area of ​​which the price is at the moment. We have broken through two intersecting levels, I expect a rollback to them and further downward movement to a strong support of 1.176. Also, if you look closely, something similar to the head and shoulders pattern is formed above the strong support. Pay attention to the global picture and it can be seen that now the price is approaching strong support of the price channel, what will happen next, no one knows yet. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Short
by DeGRAM
71
DeGRAM | SILVER consolidation before levelSilver does not show anything that could be associated with a bearish trend change. The instrument got into a long consolidation before the strong level of 28.33. The trend channel has been broken, but there are no impulse downward movements. Since outside the flat we have two lines, strong support and resistance, decreasing highs and rising lows, it is difficult to say what will happen next and in which direction the instrument will come out of accumulation at the moment. I can only assume that it will be much more difficult to break and break through a strong uptrend and a strong support level than to follow the trend and go through a weak resistance. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
OANDA:XAGUSDLong
by DeGRAM
5
DeGRAM | EURUSD short The currency pair was unable to break through the strong resistance and pass this obstacle as part of the local upward price channel. As we can see, the internal channel was broken by the corrective movement along the global trend. I expect the instrument to fall to the point of intersection of the strong support line - the border of the price channel and the support level of 1.1915 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Short
by DeGRAM
4
DeGRAM | EURUSD domination of bearsThe price moved away from a strong level under the pressure of bears and enters a correction at the moment. Notice how everyone was bred at the level of 1.21746. Infected zone, tough place, a lot of news, a lot of level crossings on local timeframes. In general, now the picture is more or less clear. Finally, I can say more specifically that I am expecting a prolonged correction until the price channel is supported, but again, please do not forget that it is impossible to guess the market. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Short
by DeGRAM
1
DeGRAM | AUDCAD release from support. Are we going up?Globally, we see a flat that began a year ago, there was an attempt to exit the flat, but the changed trend formed a downward price channel, in which the price returned back to the boundaries of sideways accumulation, continuing to strictly observe the flat boundaries. I expect the growth to continue, as the price has already bounced off the range support. I expect the price to rise to the upper border - 0.964 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
1
Key Pairs Swing Analysis! Buy! Hello,Traders! Today we will take a look at two key pairs 1) EUR-JPY is trading in an uptrend in a rising channel And the pair has broken the horizontal resistance level Which is a sign of strength, and I am bullish long term I am expecting the pair to accumulate above the broken level And then to continue the bullish rally further up Swing Buy! 2) GBP-USD is trading in an uptrend in a rising channel too However, a massive weekly resistance level is ahead Which explains why GBP is struggling to break the current resistance As the market participants are aware of the limited upside potential Thus,I think we will see a correction to the rising support most likely And then the pair will go up to test the resistance From there, we will be able to tell the future of the pair By how it interacts with the level ahead! Careful Swing Buy From Support! Like, comment and subscribe to boost your trading! See other ideas below too!
Long
by TopTradingSignals
3