USDCAD Will Collapse! SELL!
My dear friends,
USDCAD looks like it will make a good move, and here are the details:
The market is trading on 1.3596 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.3547
Recommended Stop Loss - 1.3624
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
Target
EURAUD: Bullish Continuation & Long Signal
EURAUD
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy EURAUD
Entry Level - 1.6235
Sl - 1.6163
Tp - 1.6381
Our Risk - 1%
Start protection of your profits from lower levels
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CADCHF: Short Signal with Entry/SL/TP
CADCHF
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short CADCHF
Entry Point - 0.6274
Stop Loss - 0.6291
Take Profit - 0.6246
Our Risk - 1%
Start protection of your profits from lower levels
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BNB-USDT 8h chart review Hello everyone, let's look at the 8H BNB to USDT chart, in this situation we can see how the price has broken out of the downtrend line.
Let's start by setting goals for the near future, which include:
T1 =$627
T2 = $653
T3 = $669
T4 = $724.
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $587
SL2 = $568
SL3 = $539
SL4 = $516
EURUSD: Bullish Forecast & Bullish Scenario
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURUSD pair which is likely to be pushed up by the bulls so we will buy!
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QQQ: Bearish Continuation is Expected! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the QQQ pair price action which suggests a high likelihood of a coming move down.
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ETC/USDT 1D Chart Hello everyone, let's look at the 1D ETC to USDT chart, in this situation we can see how the price has broken out of the downtrend line.
Let's start by setting goals for the near future, which include:
Target 1 - $19.43
Target 2 - $20.10
Target 3 - $21
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $18.79
SL2 = $17.76
SL3 = $16.72
Looking at the RSI indicator, we see
as we again exceeded the upper limit of the range, which may translate into limiting further growth.
EURUSD: Bearish Continuation & Short Signal
EURUSD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURUSD
Entry Point - 1.1160
Stop Loss - 1.1191
Take Profit - 1.1096
Our Risk - 1%
Start protection of your profits from lower levels
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USDJPY: Bearish Continuation & Short Trade
USDJPY
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell USDJPY
Entry - 144.35
Stop - 145.37
Take - 143.27
Our Risk - 1%
Start protection of your profits from lower levels
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GBPNZD: Expecting Bearish Continuation! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current GBPNZD chart which, if analyzed properly, clearly points in the downward direction.
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