Good morning traders; we hope you are starting the year in a fantastic way. Today we bring you an analysis of the USD / CHF pair, as we consider the possibility that the price will retest the levels of historical lows. 🔸As we can see, we are talking about a monthly chart, so this projection is long-term, but depending on the speed of the movement, the duration...
Price is as high as its been since 2018. Every time it reaches this zone, it seems as if price bounces back down to challenge between 50% - 100% of a retracement against the current trend.
I believe that price will retest the support zone at some point this year. At least five times since 2018 price has challenged at least 50% - 100% retracement. Price is currently in a resistance zone so I will look at a smaller time frame for entry when market opens.
Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: GOLD is sitting around strong resistance 1900 in blue and brown trendline so we will be looking for sell setups on lower timeframes. on H4: GOLD formed a wedge pattern in red so now on H4 and we are waiting for the long-term sell to be activated. Meanwhile, since...
Daily chart wants to make a move & this could be the setup. Not Financial Advice.
Hello, Traders! Pretty good looking setup on NC. Price is continuing to form next HH and HL. I see a nice break of the most recent high and expect a continuation to the upside. First target 1:1 Second Target 0.64 Final Target 0.645 Cheers! DovyFX
Upside looks good on this setup. Looking for $160+
Welcome to our weekly trade setup ( EURGBP )! - 1 HOUR Bearish turn after strong bullish pressure. 4 HOUR Good long enties, prices moving within our range now. DAILY Overall bullish market in a pullback. - FOREX SWING BUY EURGBP ENTRY LEVEL @ 0.90290 SL @ 0.89670 TP @ 0.91870 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different...
Sellers were accumulating orders, pushing prices lower, if we measure the volume of the accumulation range the most volumes have been done at 1.06530, i expect if prices revisits this price point, that sellers will defend their short positions and push prices lower
Good morning traders! Today we bring you an idea that we consider possible in the GBP / USD pair. As you will see, it is a MONTHLY chart, so it is a long-term idea, which can take months or maybe years to develop. 🔸What we observe in this chart is that the price during this year reached historical lows, in the area of 1.14000. 🔸Then an abrupt recovery began,...
Buyers were accumulating Orders in the range i was pointing at, from there strong buying activity started, now we are revisiting this area where most volume has been done at 0.63000, i expect buyers from the range to defend their orders at 0.63000 and push prices higher
LIKE AND COMMENT IF YOU ARE AGREE!! follow me to notice you when i share new idea
Sell Limit @ 1.2225 SL @ 1.2260 TP @ 1.2020 R:R = 1:5.86
Good morning traders! We hope you have a great start of the week. Today we want to share with you our idea about the BTC / USD, regarding the upward potential it has in the short term. The trend is completely clear, extremely bullish in historical highs, so it is not necessary to go very deep in technical questions of price. 🔸The interesting point of this asset,...
Same thing as the previous idea. GBP should be really strong after the Brexit deal was sealed. Technically this pair just broke the trendline with a beautiful retest. If we can have the price to break the blue line I will be looking to enter long. DovyFX
Beautiful setup to go short if it confirms. Nice rejection of 141.0 level with a strong bearish momentum to the downside. I will be waiting for price to close below the recent low for a possible move to the downside. DovyFX
DMART has formed price action pattern. Wait for it to break the pattern.
End of a butterfly pattern, more than likely no Brexit deal; and Strong resistance all indicate to heavy movement downwards.