NZDCAD Looking at Potential Short Downward MovementThis is my view from the Daily perspective. Share your comments, suggestions and contributions
Technical-analysis
Link/USDT Price Analysis | Bull SignalSignal:-
Buy under 36$
Sell at 43$
Timeframe: Under 4 weeks
WARNING:-
This chart is made on technical and candlestick analysis on 4H timeframe any news or btc movement may change the movements.
Notes:-
You can buy this coin below 36$ and if you may see dip then buy this more because this coin has a big potential to grow.
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Signal Detail:-
Buy Below 5$
Target:-
6$
7$
10$
Time Length:-
Short to Mid term
3-10 Days
NZDCHF-Look at trendline a lot of rejection when touch trendline.
-But for me, I just focus on SELL/SHORT first. For touch next bottom trendline (see on drawing)
-Do yourself analysis:
~SL just 30pips from entry
~TP until touch bottom trendline.
*TAYOR*
GBPUSD More Bullish MovementSince March of 202, the GBP has been in a steady upward channel carefully respecting the trendlines above and below. Looking for more upward movement to form a double top before we begin to look for opportunities to the downside.
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Gold Good Shorting oppourtunity?First of All thumbs up to all the traders who followed my call to sell gold from 1743-1752 area all the way up to 1680-1670. Currently hedge funds from January has closed massive long positions from 349,946 to all the way up-to 262,774. As a result we can see massive downtrend on gold so far.
At the moment Gold had a pretty big crash from all the way from 1752-55 area to 1675 bullish reversal zone and it is pretty natural to expect a strong correction at this point followed by Biden US economic plan. Now the gold is retesting the strong selling zone 1715-1722 where we can see some bear pressure. Above 1728 is a bit risky but I think it is very less likely because of bearish pressure.
Technically Gold has just retraced to 61.8% of fib level at 1713.91 of daily impulse zone which is current selling resistance at 1711-1715 if broken above 1722 is the next resistance where we can expect consolidation between 1706-1722 area.
Overview: I am operating my selling orders from 1715 and 1705 with SL 1728 as I have already achieved twice my Monthly Target A small loss would not bother me much . My Initial target remains the same 1670 whereas 1650, 1620, 1588 are my follow up targets . I will be only looking for longing opportunities from 1588 area.
USDMXN My ViewThis is what I see what I see from the daily perspective, a small flag formation signaling a potential impulsive move to the downside. I anticipate a long term downwards movement and preferably enter at current market price.
Let me know what you think.
GBPCAD SHORT OPPORTUNITYIf you're a chart pattern trader, you'll most likely be able to spot what looks likes downwards channel which we anticipate a short move to the downside. A multi-timeframe analysis should give sufficient confirmation for a sell setup. You may decide to enter at current market price or set your pending orders below.
My preferred timeframe of entry is the 4 hour timeframe.
Any comments, suggestions or contributions are welcome. Have a lovely weekend and look forward to a new pipsful trading week ahead.
Gold might go bearishIn a market where the strength is on the seller's ,once we see a corrective wave approaching a key level or a previous support we are likely to see that support turning into resistance.
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