I believe the above resistance will be broken and the price will pullback to test it. Once the price failed to go below it when it pullback after crossing it, the new bullish move in USDCAD has high probability to occur.
GBPUSD Long. You can see a new structure forming, hit current support at the 1.29 level with a bullish engulfing forming. TP Level at the 1.296-1.30 range, SL at 1.2987
looking to take some long positions at the next demand zone
4H CHART EXPLANATION: On the 4H chart we can observe that price made a corrective structure before breaking the Resistance Zone. We expect this movement to reach the Descending Trendline. DAILY CHART ANALYSIS:
This is the idea of Peter Brandt. Follow him on Twitter. "Pending a close above .3038 the diamond bottom will be completed with an initial target of .4691 $XRP" Peter Brandt XRP is in a text book Diamond Pattern. I will be adding to my position once XRP closes above the resistance line. I already entered back at the .28 cent area and have a partial sell order...
Hello, my analysis is above. Comment or message me your opinions!
GBP/JPY Long on pullback to support zone.. 4 Hour chart. Entry - 130.379 Take Profit - 132.355 Stop Loss - 129.720 RR 3.1
Check out my analysis on this chart via YouTube at Dumb Money Trader Trade talk meeting in Washington D.C. this week. Big week for SPY. Stay tuned and keep your eyes and ears open for changes. Might be a volatile week.
I see price breaking through a few resistance levels before falling. Buy for now, but respect the resistance levels, because price can reject those levels; one do not want to get caught in a buy once price falls..
Another Long-term Trade. The RSI overbought, but the next Resistance level is far away. With correct SL, enough space for the correction, this is a great opportunity.
Possible breakout, great trade opportunity. The two MA confirm the forecast.
Hello everyone, hope you're doin fine, We hit old but fresh demand zone :) its right above daily zone so it has good odds enhancers
4H CHART EXPLANATION: Based on the Higher Timeframe Analysis, we consider that this pair is on the end of the Bearish Trend. On the 4H timeframe, we would wait to the breakout of the last maximum Levels to be broke to consider placing a trade. The short term targets are the Top of the Descending Channel, the Resistance Zone, and the Lower timeframe Descending...
Bitcoin has build a downtrend since the rejections of the 13200$ area, in the H4 timeframe. I think Btc is going to make a correction to the upside target 11640$. The daily timeframe is showing a nice uptrend since the 25th of April. After breaking through the daily trendline the bulls were able to show strenght and managed to break back above the daily...
It looks that GBPJPY trying to move up. After a bad week, GBP should try to fix their currency. Looking opportunity to put long position.