USOILUSOIL is in enormous bullish trend and best thing to do in such cases is just ride the trend. As the commodity is correcting a bit which technically giving a buy option for another leg up.
What you people think of it ?
JTS
NZDCHFNZDCHF is in fine bearish trend and smoothly following bearish channel. Recently the pair has created a rectangle pattern and now break through the rectangle as well, suggesting more downside is on table.
SHIBUSDTSHIBUSDT is in good bullish momentum and trading in bullish parallel channel respecting precisely the lows and highs of channel. Currently the instrument has created strong support within channel and seems like it getting ready for another leg up.
GMXUSDTGMXUSDT is trading in bearish channel and smoothly following technical pattern of break and retest of structure. currently the instrument is retesting the broken support level and seems like it is getting ready for another sell off.
EURUSDEURUSD is in nice bullish trend. Recently the price has retraced a bit and reached to our buy area which is also the region of inclining trendline. Bullish divergence is also suggesting a upward direction for pair.
EURAUDEURAUD is trading in bullish parallel channel and reached at channel resistance. Fortunately channel resistance and long term double top resistance coincide at same point, which attracting sells to take control. Will sellers took benefits from these confluences and push the price to lower side?
HOOKUSDTHOOKUSDT was trading in bearish trend and now has given the breakout from declining trendline. currently the price is creating support zone around breakout region, 0.9395, will the buyers attach this region and push price even higher?
CADCHFCADCHF is under enormous sell pressure. Currently the market is retracing the previous selloff, as the pair is already retraced to 50% , now it seems like market is getting ready for another sell off.
AUDCADAUDCAD is reaching to very strong demand zone. As the pair is still in local bearish parallel channel, the bottom of channel is also coinciding at demand zone around 0.8750 region.
In past this region shown a strong bullish rally, are the buyers still waiting for this level?
VGXUSDTVGXUSDT has broken very important support zone and currently retesting that support. As the price is under 50 EMA pressure it seems like after successful retest of broken structure price may head even lower.
YGGUSDTYGGUSDT is in strong bullish momentum, after recent big bullish candle the instrument has retraced a bit ( which is necessary for market structure) but seems like is sustaining the momentum as it still respecting inclining trendline.
GBPJPYGBPJPY is trading in wide range of 400 pips and the Pair near the horizontal and vertical resistance.
Near any resistance need bearish rejection for good down side move
DXYDXY is looking in nice bullish momentum and continuously breaking through the major levels. Following the breakout retest pattern. Recently it break through 102 level. If it successfully retest this level it will be a nice bullish momentum.
BARUSDTRecently BARUSDT has shown good bullish momentum but failed to sustain it and formed double top pattern with bearish divergence and now showing sell pressure. Will the bears attack on these confluences and direct the price to downside?
GBPAUDGBPAUD is in enormous bullish trend and it is still looking for upside amid to weak AUD. currently the price is retracing to 50% fib level and also respecting bullish trendline. Will the bulls again attack this zone for another leg up ?
AUDNZDAUDNZD is trading in long term bearish channel and respecting well the highs and lows of channel. price formed temporary small bullish channel within large bearish channel but failed to sustain. Currently the pair is retesting the broken support level and it seems like the pair is heading to further downside.
FETUSDTFETUSDT is trading in bearish parallel channel and reached at very strong demand zone. In past this demand zone shown very fine bullish reaction. Currently the price is also giving respect to declining trendline. Once the price is able to break declining trendline it will be a nice bullish run.
EURNZDEURNZD is trading in bullish parallel channel, and created Head and Shoulder pattern at strong resistance area. At the resistance level, there is a nice confluence zone to short the market.
USDCADUSDCAD is currently trading in an ascending channel. The market made HH HL. It broke and closed above the resistance that was tested twice. Price is coiling up before breaking through the level.
ILVUSDTILVUSDT has broke through falling trend line as well as from local range. As the instrument is showing good bullish momentum after double breakout so we can expect that it is ready to go higher .
INJUSDTINJUSDT has retraced to very strong support area. and also still holding the upward trend as getting support from long term inclining trendline. Will the buyers attack these levels and push price much higher ?
UK100UK100 is trading at strong supply zone and also created very strong bearish divergence, these confluences putting sell pressure on uk100. as the inclining trendline also waiting for 3rd pivot to trendline. Will UK100 decline to support area ?
