Market Correction Impact: Kaspa has retraced 40% following the market correction this weekend, breaking back into its range. Historical Significance: Historically, such retracements with KAS have marked local bottoms on the chart. Price Action to Watch: If the price pulls back this week to fill 50% of the wick left behind on yesterday's daily candle and retests...
The reason for placing this order to buy FRC should be obvious. If you have any questions don't hesitate to use the comment funcation here. Good trades, folks!
Don't blink and eye the BULLS have it this around maybe slow but trust us it surely get their . The pair has had its share of the Elliott wave count added with the truncated 5 which came in a parcel (false breakout) completely completing the 9wave Switch over to the lower TF to spot your entries
Based upon US stimulus, commodity great performance should make AUDUSD rise higher. Seasonality says AUD should go higher
This is a long term projection I know it sounds crazy but by the look of it, banks are predicting that this covid situation will continue longer than we expect ... or if it's not covid, it will be something else that will affect the market. This is my prediction. Whatever you do, do risk management properly. stay safe folks :)
A bullish 5-0 Pattern setup, will need more confirmation to engage this trade may be a break and close above the high and wait for the retracement to engage for a longer-term buying opportunity. Extended target may take 4-5months to hit final target.
GBPCAD showing strong bull candle off the bottom of the channel on the 2nd touch close to S/R on the Daily and showing momentum on the 4hr. Theory is that it will continue to the upside over the coming month or so. Entry: 1.6870 SL: 1.6620(BREAK EVEN AFTER TP1 HIT) TP1: 1.7210(R/R 1.4) TP2: 1.7740(R/R 3.5) TP3: 1.8790(R/R 7.7)
This is a long term trade setup based on trendline. Price is definitely trending down. Wait for the price to hit 0.75635 zone first then look for bearish signal to go in the market. Trade safe my bros and sis.
FX:GBPUSD There's a Hidden RSI Bearish Divergence on the Daily Chart indicating a possible downtrend continuation. A break below and daily candle close below the trendline and we may see price go as low as ~1.21700 ( Previous Low of March) Short Entry: At close of Daily Candle below trendline TP 1: 1.27000 TP 2: 1.21700 SL: 1.32600 This is longterm...
Bullish gartley pattern has been completed however the RR on this one will be around 0.8 which is not favorable in our trading scenario. i am awaiting a slight retracement to make the RR 1:1 before going LONG on this trade. For those that wish to enter at the moment you all can at your own risk. i will update if there is any developments in the near future. cheers...
Goodmorning Traders, Yesterday I wrote an analysis about a short term trade on this cross, unfortunately the sideway movement at night and the missing confirmation from the Lagging Span, which refused to break the Kumo out, brought the pair to H4 Kijun Sen, taking the stop loss. That's where my new long term trade was born. On the H4 chart the trend is clearly...
DAX Index just hit the 78.6 Fibonacci Retracement, so I'm expecting a big down move. Stop loss can be put just over the previous high and Take Profit at 50 level.
EURUSD broke the major trendline in the middle of December. That means we are going further down. If you are not already in the trade, a good possibility is emerging. This is supported by a falling RSI
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) Best regards Aaron
Daily chart is forming a bearish Anti Gartley Buy/Sell opportunity Pending sell Option EOD at potential reversal zone D