Target
SPY: Bears Will Push
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 SPY pair which is likely to be pushed down by the bears so we will sell!
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EURCHF: Short Trade Explained
EURCHF
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURCHF
Entry Point - 0.9769
Stop Loss - 0.9794
Take Profit - 0.9723
Our Risk - 1%
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USOIL: Weak Market & Bearish Continuation
Balance of buyers and sellers on the USOIL 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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EURUSD: Bullish Continuation is Expected! Here is Why:
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too.
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SOLUSDT 1HInterval ChartHello everyone, let's look at the 1H SOL to USDT chart, as we can see the price has entered a sideways movement and is breaking sideways from the local downtrend line.
Let's start by setting goals for the near future that we can include:
T1 = $154
T2 = $162
T3 = $168
AND
T4 = $175
Now let's move on to the stop-loss in case of further market declines:
SL1 = $142
SL2 = $137
SL3 = $130
AND
SL4 = $112 - $105
When we look at the RSI indicator, we will see that we are bouncing off the downward trend line, but we can see that the lateral price movement results in an increase in the indicator, which may again translate into an attempt to drop the price.
AUDUSD: Bearish Continuation & Short Trade
AUDUSD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short AUDUSD
Entry Point - 0.6528
Stop Loss - 0.6564
Take Profit - 0.6465
Our Risk - 1%
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GOLD: Bears Will Push Lower
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 GOLD pair price action which suggests a high likelihood of a coming move down.
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GBPJPY: Short Trade with Entry/SL/TP
GBPJPY
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GBPJPY
Entry Point - 192.81
Stop Loss - 193.38
Take Profit - 191.88
Our Risk - 1%
Start protection of your profits from lower levels
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