EURCHF - 24h expiry Previous resistance at 0.9595 now becomes support. Our short term bias remains positive. Preferred trade is to buy on dips. Risk/Reward would be poor to call a buy from current levels. Our outlook is bullish. We look to Buy at 0.9595 (stop at 0.9569) Our profit targets will be 0.9660 and 0.9670 Resistance: 0.9625 / 0.9640 /...
EGLD appears promising at the current level. If it holds here, an upward movement is likely. Keep a close watch on it and always manage your risk effectively.
INJ Short Plan: INJ has broken the trend line on the higher time frame (HTF) and is currently retesting. The chart looks very clear. You can take a short position with a tight stop-loss (SL).
Hello traders, we want to check the GBPUSD chart. The price has broken the upward trend line, but we still cannot say that the trend is downward. Currently, we have two scenarios in front of us. The first case is that the price cannot break the specified support level and the price stays in a suffering zone for a while. And the second case is that the price can...
NZDUSD - 24h expiry Previous support level of 0.6100 broken. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. Short term RSI has turned negative. The measured move target is 0.6040. We look to Sell at 0.6100 (stop at 0.6124) Our profit targets will be 0.6040 and 0.6025 Resistance: 0.6090 / 0.6100 /...
Hello traders, we want to check the GBPCHF chart. After breaking the uptrend line, the market trend is now bearish. The price has made a pullback to this level after it managed to break the specified support level. We expect this level to maintain the downward trend of the price and the price will fall to around 1.11800. Good luck.
Hello traders, we want to check the EURUSD chart. After breaking the uptrend line, the price is moving in a downward trend and managed to break the specified support level with a strong downward movement. We expect the price of a pullback to hit the specified level and maintain its downward trend and fall to around the price of 1.06500. Good luck.
EURJPY - 24h expiry We are trading at overbought extremes. Price action looks to be forming a top. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. We look to sell rallies. Although the anticipated move lower is corrective, it does offer ample risk/reward today. We look to Sell at...
I’m excited to share a trade setup for my favorite coin at the moment: Golem (#GLMUSDT). Both the GLMUSDT and GLMBTC pairs are showing extremely bullish potential, and the price action is aligning perfectly with our trading strategy. Key Points: *Elliott Wave Pattern: The current chart reveals a compelling Elliott Wave pattern. Notably, wave 5 hasn't...
NZDUSD - 24h expiry Indecisive price action has resulted in sideways congestion on the daily chart. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. A move...
this is a good setup for USDCHF to short. you can wait until the price approaches to the box
EURGBP - 24h expiry The primary trend remains bearish. The sequence for trading is lower lows and highs. Risk/Reward would be poor to call a sell from current levels. Preferred trade is to sell into rallies. Bespoke resistance is located at 0.8455. We look to Sell at 0.8455 (stop at 0.8473) Our profit targets will be 0.8410 and 0.8400 Resistance: 0.8455...
EURNZD - Intraday Our short term bias remains negative. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. Offers ample risk/reward to sell at the market. There is no clear indication that the downward move is coming to an end. 20 4hour EMA is at 1.7483. We look to Sell at 1.7482...
AUDJPY - 24h expiry Indecisive price action has resulted in sideways congestion on the intraday chart. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. Pivot support is at 103.00. Risk/Reward would be poor to call a buy from current levels. A move through 103.75 will confirm the...
You should be able to understand what I've drawn on the chart, else I'd recommend u not even think about taking the setup
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Hello traders, we want to check the EURUSD chart. The price is moving in an ascending channel and has pulled back to the indicated key level. We expect this level to play the role of a support level and the upward trend of the price will be maintained and the price will grow to around 1.08900. Good luck.
USDCHF - Intraday We look for losses to be extended today. There is no clear indication that the downward move is coming to an end. Short term momentum is bearish. 0.8884 has been pivotal. A break of the recent low at 0.8883 should result in a further move lower. We look to Sell a break of 0.8879 (stop at 0.8907) Our profit targets will be 0.8809 and...