Hello all! Almost a month ago XAGUSD broken out of the long term bullish pattern. Now it seems like it is bouncing of the lowest point of the AAD pattern. This can be a confirmation for a bullish move. There are good odds for a risk long entry. Disclaimer: Any risk related to trading this commodity is solely on you. Please, think thoroughly before making a...
Hello all! The previous week NAS100USD has broken the ATH level and know is climbing up to the new one. Soon there will come some correction which will give a chance to hop on this bullish wave. The TP target is 17,000 USD which could become a new ATH level for this index. Disclaimer: Any risk related to trading this index is solely on you. Please, think...
Hello traders, Last week the kiwi-dollar has broken out of the longer time frame bullish pattern and now is forming a falling wedge on 15m and 1H time frames. The bullish pattern after a bullish breakout confirms the bullish trend. Thus there is a good chance to catch up with this wave.
In the long term time frame ETHUSDTPERP is in a bearish pattern. Yesterday the price was rejected from the resistance line and now is heading towards the support line. Right now the price is doing a correction and forming a bear flag pattern. Thus there are good chances for a successful short trade.
XRPUSDTPERP is forming a bullish pattern (like a falling wedge). The support is very strong. There is a room for a successful swing long. Disclaimer: this is for educational purposes only. Any risk related to trading this coin is on you. Thanks.
XAGUSD is close to reaching the top of mid time frame falling wedge pattern. Thus the correction wave is very close. As I assume the correction wave will face the support line on the key level in green, as previously this level served both as a very strong and clear support. Therefore I am looking forward to entering opening the swing long position on this key...
XAUUSD has been doing some price action during the last week. ADX is lower than 25.0 for 1H, 4H and 1D time frames. Also the price is reaching the long term very strong and clear resistance. On the other hand the DXY is forming a double bottom pattern on 1D time frame. Thus there are good odds for a successful swing short. Disclaimer: this is for educational...
ETHUSD reached and was rejected from the previous ATH. Also there is a rising wedge pattern. The price was rejected from both resistance line and the previous ATH. There is a possibility for swing short.
This Friday XAUUSD was strongly rejected from the resistance line of the long term bull flag pattern. Currently the price is consolidating. As the bearish momentum after the rejection was very strong it is very likely that the price will continue falling. Thus there is a possibility for a swing short after the price consolidates in a bearish pattern.
SPX500USD is at the top of the bear flag pattern in the small time frame (which is the AAD pattern of the previous rising wedge). Thus there is a possibility for a short day (maybe swing) trade. Disclaimer: this is for educational purposes only. Any risk related to trading this index is solely on you. Thanks.
Yesterday the EURUSD major pair has broken out of the long term bullish pattern. Now there is a possibility to enter the bullish wave at the bottom of the price action. Disclaimer: this is for educational purposes only. Any risk related to trading this pair is solely on you. Thanks.
Dow Jones is in a quite clear Bull flag pattern. The price is moving downwards after a strong rejection. It is possible to enter a short position at the top of the bearish pattern. Disclaimer: this is for educational purposes only. Any risk related to trading this index is solely on you. Thanks.
DXY is reaching the resistance of the bearish (rising wedge) pattern. Also it is going to hit the previous ATH. 1. If those events occur it is highly likely that DXY will fall to the support line of the rising wedge. This will provide an opportunity for day trading (long) major XXXUSD pairs. 2. If the price breaks out the support downwards, there will be high odds...
Currently the NAS100USD is fluctuating in the small time frame bull flag pattern. 1. If the price breaks the bull flag upwards, then there is a possibility for a day trade (long position). 2. If the price breaks the bigger time frame bearish pattern (rising wedge), then there is a possibility for a swing trade (short position). Disclaimer: this is for educational...
SOLUSD is reaching the support line of the AAD pattern. On the other hand, this touch is on the crossroads with the long term support line. Possible risk entry for a successful long position. Disclaimer: this is for educational purposes only. Any risk related to trading this pair is on you. Thanks.
WTICOUSD is reaching the top of the bear flag pattern. Possible risk entry for a successful short position. Disclaimer: this is for educational purposes only. Any risk related to trading this commodity is on you. Thanks.