NEO - Short term We look to Buy a break Price action has formed a bullish ascending triangle formation. A break of yesterdays high would confirm bullish momentum. Levels below 18.00 continue to attract buyers. A move through bespoke resistance at 18.34 and we look for extended gains. We look for gains to be extended today. This is positive for short term...
🔸4H CHART EXPLANATION: . . 🔸Price bounced at the Support Zone and started a nice bulish move, however, it couldn't surpass the Resistance Zone. . 🔸Instead, it has been rejected, and now it is breaking the Ascending Trendline of the current structure. . 🔸If the breakout is confirmed and price consolidates below, we may see a bearish move towards the Support...
🔸 DAILY CHART EXPLANATION: . . 🔸Price broke the Descending Trendline and the Resistance Zone at 0.70000. . 🔸It has bounced at the minor Resistance at 0.74000, but we consider that it is just a corrective move to continue the uptrend. . 🔸We can observe that price retested the Support Zone (Previous Resistance) at 0.70000 and was rejected. We consider that this...
I have placed a sell stop order. Hey traders, if you agree with this please give it a like!
I have placed a buy limit order for GBPUSD. Hey traders, if you like this post and agree with it please give it a like and leave me feedback.
My first analysis on this pair, anticipating more movement to the downside.
The chart is pretty much self explanatory. We expect to see more downward movement in the long run.
Breakout to resistance after a nice HandS waiting for a retest and bounce
EURUSD - Intraday We look to Buy at 1.1743 (stop at 1.1724) The price is in ascending triangle. We look to buy at uptrend line. Trend line support is located at 1.1740. Bespoke support is located at 1.1740. Previous resistance, now becomes support at 1.1740. Our outlook is bullish. Preferred trade is to buy on dips. We look to trade the current range. Our...
GER30 - Intraday - We look to Buy at 12691 (stop at 12618) The RSI is trending higher. Trend line support is located at 12700. We look to buy dips. 12900 continues to hold back the bulls. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Our profit targets will be 12887 and...
🔸DAILY CHART EXPLANATION: . 🔸Price broke the Ascending Channel. . 🔸It did a strong bearish impulse, and now it is making a retracement. . 🔸We are waiting for this retracement to be finished, and for a strong bearish candlestick that confirms the vision. . 🔸 Will look for a lower timeframe bearish setup. 🔸 WEEKLY CHART ANALYSIS:
🔸 DAILY CHART EXPLANATION: . . 🔸Price is facing the Resistance Zone. . 🔸We consider that there are two possible scenarios here. . 🔸In case of a bullish move from here, the first target is the Descending Trendline. . 🔸 And, in case of a bearish move, the target is the Support Zone. 🔸 WEEKLY CHART ANALYSIS:
LONG KNC - SIMPLE SETUP AFTER A BREAKER INTO SUPPLY...
I placed a buy limit order. Like if you agree. Feedback is appreciated.
Ripple - Intraday - We look to Sell at 0.2478 (stop at 0.2509) Trend line support is located at 0.2500. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. A move through bespoke resistance at 0.2600 and we look for extended gains. A break of yesterdays low would confirm bearish momentum. The RSI is trending...
0x - Short term - We look to Buy Offers ample risk/reward to buy at the market. A higher correction is expected. We look to buy dips. We are trading at oversold extremes. Price action looks to be forming a bottom. RSI looks to be forming a bottom. Resistance: 0.3500 / 0.3650 / 0.3800 Support: 0.3400 / 0.3360 / 0.3300 Signal Centre
🔸 WEEKLY CHART EXPLANATION: . . 🔸Price broke the Descending Channel. . 🔸It has broken the Resistance Zone and now it is making a throwback. . 🔸If there is a bounce here, we consider that there is potential for a bullish move towards the next Resistance Zone at 0.8100. . 🔸 Will look for a lower timeframe bullish setup in case that happens. 🔸4H CHART ANALYSIS:
🔸 4H CHART EXPLANATION: . . 🔸Price bounced at the Daily Support Zone. . 🔸It has broken the Descending Channel. . 🔸Now, it is making a bullish corrective structure. . 🔸 If there is a clear breakout here, we consider that it has potential to reach the Resistance Zone at 0.94000. 🔸 DAILY CHART ANALYSIS: