Technicalindicators
USOIL is above Resistance,Buy on pullback...Please Support this Idea with LIKE if it is Useful....
USOIL
The price is above key support/resistance level ,after a pullback If price continue to hold the Support then there is a chance that price might continue to grow,wait for the price to make a pullback and if price gives bullish signal and look for buy opportunity..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 1hr timeframe for confirmation to Buy..
Trade it with proper Sl..
In case price breaks below the level then we can look for sell opportunity..
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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions
EURUSD, Bullish Price Action, Buy on small pullback...Please Support this Idea with LIKE if it is Useful....
EURUSD
The price is above key support/resistance level , after a small pullback If price continue to hold the Support then there is a chance that price might continue to grow,wait for the price to give bullish signal and look for buy opportunity..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy..
Trade it with proper Sl..
In case price breaks below the level then we can look for sell opportunity..
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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions
NZDUSD, Bearish Price Action, when to SELL??Please Support this Idea with LIKE if it is Useful....
NZDUSD
I expect the price to decline from the SELL zone,wait for the price to make a pullback to the zone and if price gives any bearish signal look for sell opportunity
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
GOLD, will continue to move higher....Please Support this Idea with LIKE if it is Useful....
GOLD
The price is above key support/resistance level and price might be forming H&S pattern,If price continue to hold the Support then there is a chance that price might continue to grow,wait for the price to give bullish signal and look for buy opportunity..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy..
Trade it with proper Sl..
In case price breaks below the level then we can look for sell opportunity..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions
USDCAD, Bearish Price Action, where to Open SELL??Please Support this Idea with LIKE if it is Useful....
USDCAD
The price is close to Support/resistance level,If price breaks below the support then after a pullback the pair could give us a nice sell opportunity with good R:R ratio,wait for the price to break below the level after a pullback if price gives any bearish signal then look for sell opportunity...
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 2hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Bullish Continuation on USDCHF?- The previous trading week has seen a symmetric triangle consolidation of the price following a trend reversal and short rally on 11-12 June.
- Over the coming week we could see the price finally break out of this pattern and continue upwards to the 0.96444 level, which has previously been an important support and resistance level.
- Tightening Bollinger Bands also tell us to expect a significant movement compared to last week's relatively sideways movement.
Special Analysis for EUR/USDin this technical analysis as education, we see an EUR/USD in long term very bullish. Why? Because there:
If you keep watching up, we are in the strong support and a possible formation of Bat armonic pattern bearish or double top, as you want to see, maybe it's has for me a double top, and very strongest because in the past in the accumulation of 2014-2017 we having a bullish trend until the 2018. But, so, we are in the possible bull run to form in long term, because indicators in the RSI show us a bullish divergence in Monthly, and this is a good indicator for this currency EUR. I see an Euro very optimistic their economies and there are a good indicators so what EUR is could be the strengthen in the long term.
In weekly, we have a very curious patter, because we are from August 2018 in the descendent and bearish channel from $!.17 USD from $!.06 USD, and then, in the RSI if you see, we are having in the ascendent channel in the RSI, and then, it's a good indicator what the force is strenghten on the price action. Also, as we broke up the descedent channel, we can to see a possible proyection and target again from the level of $1.24 USD. So, that it's a study of elliot wave analysis so we need to recover this information to take in our hand.
And Daily in midterm, we proyect a drop until the $!.11 USD to later of the elliot wave analysis, we need to see an Euro bullish in this bull run of 2020. And also, I detect a hide bearish divergence and it's very neccesary to the price drop in that zone as I estimated in my previously technical analysis. Also i added in my link of related ideas a updates of EUR/USD so recently from yesterday
That my friend, is all my technical analysis in Moonthly, Weekly and Daily timeframe, my expectative of the Euro is that I see that currency in the bull run agains the US Dollar.
My Analyses On BTCUSDHistory of BTCUSD :
Timeframe : WEEKLY
Investment Analysis probability keep going up .
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GOLD< where to open SELL??Please Support this Idea with LIKE if it is Useful....
GOLD
The price is below Support/resistance level, after a pullback if price stays below the level the pair could give us a nice sell opportunity with good R:R ratio,wait for the price to make a pullback if price gives any bearish signal then look for sell opportunity...
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 1hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
AUDUSD IDEA We have currently trapped price in a horizontal channel which tells us the market is currently ranging and in its first stage of the market Cycle "Contraption phase" We do not want to enter the market till we identify a clear trend structure hence why we are patiently waiting for a break of either zone which we can look at a clean entry to get in the market to capitalise on the big move of the market cycle " Trending phase" And target the institutional zones above or below as a take profit.
Good luck!
-Risk management is key...
This is a speculative setup, not investment advice.
EURUSD, when to open SELL??Please Support this Idea with LIKE if it is Useful....
EURUSD
The price is close to Support/resistance level,If price breaks below the support then after a pullback the pair could give us a nice sell opportunity with good R:R ratio,wait for the price to break below the level after a pullback if price gives any bearish signal then look for sell opportunity...
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 1hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
USOIL, Bearish Price Action, when to SELL??Please Support this Idea with LIKE if it is Useful....
USOIL
The price is close to support/resistance level,after reaching the sell zone I expect the price to further decline to the next support level..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 1hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
GOLD above support/resistance, Buy on pullbackPlease Support this Idea with LIKE if it is Useful....
GOLD
The price broke above support/resistance level,after a pullback If price continue to hold the Support then there is a chance that price might continue to grow ,after a pullback wait for the price to give bullish signal and look for buy opportunity..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 1hr timeframe for confirmation to Buy..
Trade it with proper Sl..
In case price breaks below the level then we can look for sell opportunity..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions
EURGBP may rise to previous high???Good Afternoon Traders,
The EURGBP may rise following the current draw-back. It appears the pair may enter an area of consolidation while the market tries to figure out exactly what it wants to do. The commodity backed currencies are causing turmoil to the EUR, USD, CHF, JPY, and GBP with the recent bullish expectations from investors.
From a technical viewpoint, Hidden Bullish Divergence is forming on the 16H MACD/Price Chart. Price was rejected at the 50-EMA for 3 consecutive candles on the 16H. A look at the 3H confirms the formation of Hidden Bullish Divergence on a short-timeframe so the 16H is likely to follow. Also on the 3H, RSI is hovering around Oversold territory and has some room to rise.
Price may rise to the previous high around .9012 and consolidate further back down from there. Price looks to form higher-lows but the price may stagnate around the previous high (.9012).
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*The above is not investment advice but simply my analysis of the current market conditions*
AUDCHF looking to continue its upward climb.Hello Traders,
The AUDCHF may look to continue its upward streak. I initially was looking at a short position pull-back on the AUDUSD but found Hidden Bullish Divergence on the shorter-time frames so decided against it. It looks like the same Hidden Bullish Divergence has formed on the 3H AUDCHF MACD/Price Chart. The RSI has also cooled off a bit on the 3H RSI. I decided on the AUDCHF over the AUDUSD as the AUDCHF seems to have a bit more room to climb before it reaches its December 2019 levels.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
USDMXN to continue downwards??Hello Traders,
The USDMXN appears to be continuing its downward movement following a short move upward. Hidden Bearish Divergence is forming on the 12H MACD/Price Chart. RSI has just moved out of OVERSOLD territory on the 12H as well. On the 3H, price is being rejected off the 50-EMA and Hidden Bearish Divergence is also forming on the MACD/Price Chart.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
GBPUSD Short Trade Setting UpHello Traders,
Hidden Bearish Divergence is forming on the 1D MACD/Price Chart for the GBPUSD. RSI is also hitting a moderate resistance level nearing OVERSOLD territory. I will be watching for the close of the current candle to finish the formation of Hidden Bearish Divergence.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*