Target
EURGBP: Will Start Falling! 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 EURGBP chart which, if analyzed properly, clearly points in the downward direction.
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ETH/USDTHello everyone, let's look at the 1H ETH to USDT chart as we can see that the price is moving below the local uptrend line.
Let's start by setting goals for the near future that we can include:
T1 = $3,454
T2 = $3,603
T3 = $3,710
AND
T4 = $3,845
Now let's move on to the stop loss in case of further market declines:
SL1 = $3,189
SL2 = $3061
AND
SL3 = $2,884
Looking at the RSI indicator, you can see how we remain low below the downward trend line, while the Stoch indicator approached its trend line, which may trigger a rebound again, it is worth watching whether the downward trend will be broken.
GBPCAD: Bullish Continuation & Long Trade
GBPCAD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy GBPCAD
Entry - 1.7038
Stop - 1.6999
Take - 1.7122
Our Risk - 1%
Start protection of your profits from lower levels
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AUDCAD: Long Signal Explained
AUDCAD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long AUDCAD
Entry Point - 0.8815
Stop Loss - 0.8796
Take Profit - 0.8865
Our Risk - 1%
Start protection of your profits from lower levels
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NZDUSD: Growth & Bullish Forecast
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 NZDUSD pair price action which suggests a high likelihood of a coming move up.
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SILVER: Bearish Forecast & Bearish 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 SILVER pair which is likely to be pushed down by the bears so we will sell!
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NATGAS: Bearish Continuation is Highly Probable! Here is Why:
Balance of buyers and sellers on the NATGAS pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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EURGBP: Long Trading Opportunity
EURGBP
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long EURGBP
Entry Point - 0.8542
Stop Loss - 0.8534
Take Profit - 0.8561
Our Risk - 1%
Start protection of your profits from lower levels
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USOIL: Expecting Bearish Movement! 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 USOIL pair price action which suggests a high likelihood of a coming move down.
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BTC/USDT 8H Chart ReviewHello everyone, let's look at the 8H BTC to USDT chart, as we can see, the price has emerged from the triangle at the top and is currently moving along the established upward trend line.
Let's start by setting goals for the near future that we can include:
T1 = $71,112
T2 = $73,880
AND
T3 = $77,415
Now let's move on to the stop-loss in case of further market declines:
SL1 = $69085
SL2 = $67,523
SL3 = $64,892
AND
SL4 = $63,056
Looking at the RSI indicator, it seems that the local upward trend has been broken, which indicates a transition to a downward trend, while on the STOCH indicator we are in recovery, but here a slight price movement brought the indicator to the middle of the range, which may later translate into a greater price rebound.
NZDJPY: Bullish Continuation & Long Trade
NZDJPY
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy NZDJPY
Entry - 90.517
Stop - 90.285
Take - 91.000
Our Risk - 1%
Start protection of your profits from lower levels
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NZDUSD: Long Signal Explained
NZDUSD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long NZDUSD
Entry Point - 0.5975
Stop Loss - 0.5932
Take Profit - 0.6054
Our Risk - 1%
Start protection of your profits from lower levels
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