Short-signal
Bitcoin Short Term ReversalBitcoin has hit the upper level of the channel. Indincating a reasonable chance for a short term reversal.
Wait for the price to close below the confirmation line before going short. Also, check out the support line as a good possibility to exit the short position.
Since bitcoin is very bullish at the moment, keep a close short-loss since you can easily burn yourself here.
US30: Will Start Falling! Here is Why:
Hey traders,
Here is our technical analysis on US30.
The level where the price is trading right now is major
and the price will most likely bounce from that.
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EURUSD stat ne FALLINGWe continue to monitor the formation of prices.
Let me remind you.
First, the price came to the line and the resistance level and then fell.
Then it broke through the resistance line and fixed on it and continued to delight - we opened a sell signal.
In the end, the price began to rise again and, as expected, came very close to the resistance line.
I expect that, as a result, it will touch the resistance line, turn away from it and begin to fall. The target is the support line.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
EURUSD Signal to open SELL TRADEI continue to insist that the price will drop soon.
The new round of developments in the situation with the elections in the US yesterday strongly influenced all my forecasts with the participation of the dollar. Almost all pairs have broken through the upper boundaries and resistance lines instead of stopping at the nearest one as we had planned.
But I am not changing the direction of the deal.
Now we see on the chart that the price of the pair has stopped at the resistance line and is testing it.
I use an even smaller timeframe to more clearly show how the last trades went - within the line.
The resistance zone on which the price is now being fixed is strong for this chart, one line has existed here since September, the second - since January this year.
And such a price movement between two lines at its very intersection, and also a recent breakdown, suggest that the price will fall.
Therefore, I say that now is the time to open a sell trade.
SL in this case will pass above the resistance zone, in case the policy again affects the price growth.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
NATURAL GAS MASSIVE SHORT OPPORTUNITY: ELLIOT WAVENATGAS has bounced off strongly from the upward channel it's been following since March, completing Elliot Wave step 3.
I'd expect the price to retrace towards the lower trend line of the channel, marked in green. The lower trend line will be hit somewhere late December to my expectation, just in time to bounce back up to complete the last step op the Elliot Wave.
The bounce is to be expected since it overlaps with the increase in demand which, historically, peaks during the winter.
GOLD next step in trade - FALLGold is determined decisively. Here is my last prediction, which continues right now.
The price continues to form a downward movement through pullbacks and corrections.
During the last trading day, it returned to the resistance line, touched it and reversed again in a downtrend. Which tells us about a good basis for a fall in the price - since after two touches and pullbacks, it is unlikely that it will be able to break the resistance line for the third time. This means that the price is ready to fall.
A strong support line is now on its way, which emerged in July 2019. It is not clear yet whether the price will be able to break it.
So now I expect the price to fall towards this line. The target is thus a support line around 1877.89
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
EURGBP FALLING in channelTo begin with, I want to remind you of my past forecast for this pair, which came true.
I wrote: "The price has so far entered the descending channel and after breaking it approaches the lower channel line - the support line. I expect growth from her."
And we can see that now the price really touched the support line and rose from it to the resistance line. Where the price is now.
In addition, these lines are the borders of the descending channel, in which the price has been moving since September this year. Since the price still showed a large increase before entering the channel, it can rather be called the "Flag" pattern.
By the way, there is a strong level here, which the price has broken through. This is another reason to expect her to fall.
I expect the price to touch the resistance line, bounce off it, and reverse in a downtrend within the channel. The target is the support line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
AUDCHF FALL in channel The last time I turned to this pair was a month ago and said that the price will come to the resistance line after pushing off the support line.
As you can see, that prediction came true. During this month, the price has covered quite a long distance. After it came to the resistance line, it pushed off it and reversed in a downtrend.
On the daily chart, we see that since September the price has formed a downward channel. And it moves in it regularly touching the support and resistance lines - the boundaries of this channel.
At the beginning of this week, the price just came to the resistance line, touched it, but could not break it. This means that the movement in the channel continues.
Thus, I expect the price to come to the support line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
GOLD fALL to SUPPORT lineIn July, gold was able to gather strength and the price broke through the support level. After which it showed a very strong and sharp growth.
However, by the beginning of August, the price reached its six-month high and began to fall.
During these months, the price moved between the support and resistance lines forming a Wedge pattern. This pattern requires an initial impulse - a sharp rise in July, as well as at least 5 line touches - I marked them on the chart for your convenience.
The specificity of this pattern is that as the pattern is being formed, price fluctuations become less and less - which we see on the daily chart.
Now the price has come to the upper border of the pattern - the resistance line. I expect it to touch it and fall to the support line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
EURUSD GROW from strong SUPPORTIn June, the price came to a strong resistance line and moved along it for a long time - rising.
This line then served as a good impetus for the growth that we have seen over the past three months.
However, now, after the price moved in a small upward channel for a short time, it fell again.The fall was strong enough to break through both the line and the resistance level.
On the daily chart, we see that the price has come to a strong support line and has already pushed off from it, starting to rise.
This support line was formed in 2008, which gives a very strong basis for growth.
I expect growth to continue. Now the price rise to the resistance line, touch it, and will turn around and start falling again. The final goal in this case is the support level.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
NZDUSD FALL after end of channelWe return to this pair a week after the last forecast. It came true exactly as I said.
After the ideal touch of the upper border of the channel - the resistance line, the price dropped to the support line and pushed off from it.
However, now I believe that the price will exit this channel, ending the movement in it.
We see that there is a resistance line in its path. I believe that the price will rise to this line and then reverse in a downtrend. The fact is that this resistance line is very strong - it has existed since March 2019.
But the support line is also strong - from August 2019. Thus, the final target: the support line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
EURUSD open SELL TRADEThroughout the last week, the price showed a strong fall.
And at the end of last week's trading, the price managed to break through the resistance line and fall below. It is important to note that this is indeed a very strong line, which began to form back in 2017 and its breaking is a serious signal for a price drop.
The price came to the resistance level, made a small correction and continued to fall. Now it has broken through the nearest resistance line.
Together, this indicates a good position to open a sell trade.
Thus, the price will continue to fall. TP - can be expected by the level of support. SL - by resistance level.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
GBPCAD FALL after "Triangle" patternIn 2016, the pair's price entered the “Descending Triangle” pattern, which is a reversal. This means that after the complete formation of the pattern, the price changes the trend. The price entered the pattern in an uptrend.
In September 2020, the price exited this pattern by breaking through its upper border - the support line. And she began to grow. And now we see that the price has fixed on this line, rallied and came to a small resistance line.
I expect the price to stop, bounce off this line and start falling towards the intersection of the two support lines.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
EURUSD sudden STRONG FALLThe price is half way to the target I set last time.
The price has recently reached a resistance zone. And today, literally in real time, the price broke through a small resistance line and showed a sharp rise downward. This price movement also occurs in an upward channel.
I assume that the price will try to correct and touch this line again. But then it will definitely fall to a strong support point: the crossing of the line and the resistance level.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
GBPUSD begins to FALLAs I predicted in my previous forecast, the pricethe price first broke the support line...
... and after that touched the strong resistance line and went down.
I expect the price to reach the support line in the near future. However, we see that the price is near a small support zone and therefore I believe that it will work out a small correction and only after that it will fall.
The price will come across two support lines. The third line is also located next to them, which creates a strong support zone.
If you are going to open a trade, I recommend that you set the SL slightly above the resistance line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
US500 in FALLING chanelAfter the strong growth that the price showed in early October, the pair entered a small downward channel - forming the "Flag" pattern.
This pattern is a continuation of the trend. However, before the price goes up, I expect the price to fall to the point of intersection of the line and the support level. Cause right now, the price is at the upper border of the channel, having touched the resistance line and now. The target in this case is 3396.1
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻