Brian_Philips

Brian_Philips

Hey Guys, In the new analysis on GBPUSD, price is close to a potential resistance area and based on the latest trend, it can be another good opportunity to open a sell position (as I've defined) with a good risk/reward ratio(1/3) You can consider different Take profits and partially close your position until to the latest target. Good luck :)

Brian_Philips

Hey guys, To keep this analysis short and suitable for everyone, price has reached a good area with good potential to have a next drop. This post will be updated soon. Good luck and see you soon :)

Brian_Philips

Hey Guys, To keep this analysis short and being able to publish it fast, I've considered a good potential zone for sell and price reaches to this area. So based on this analysis we can consider a drop soon. This post will be updated based on recent market movements. Good luck! :)

Brian_Philips

Trading Scenario: Bullish Breakout Current Situation: BTCUSDT is currently trading around $85,300, near a resistance area indicated by the purple horizontal line. You've identified this as a key level. Below the current price, It's been marked a support zone (another purple horizontal line). You also have three potential take-profit levels (TP1, TP2, TP3)...

Brian_Philips

Hey Guys, Based on the chart price rejected from and resistance area that is displayed on the chart. So based on this scenario and with considering the bearish movement in previous days, we can consider this as another sell opportunity with good risk/reward ratio (1/5). I will update this post based on market movements in close future. Good luck & Have fun! 😊

Brian_Philips Updated 

Hey Guys, To keep it short, based on the analysis, a previous bearish trend line breaks and it would be possible to see an uptrend (for 15min chart) on the market. This idea will be updated based on market movement. Good Luck! (Sorry about late publish, Preparing post content took sometime)😊

Brian_Philips Updated 

Hey guys, Based on the chart, price is identified in a descending channel and currently it reached to the top side of the mentioned channel. Also a rejection on 15min candle is happened that can be a confirmation to our scenario. So Based on this, I can be a valuable area for opening a sale position with reasonable risk/reward ratio (1/6). I will update the...

Brian_Philips Updated 

Hey guys, To keep it short, based on my previous analysis on EURUSD that the first TP target hit, I want to share another selling opportunity on this currency pair. I consider the previous movement as a false breakout of price and a good rejection is happening. So It can be another sell opportunity with reasonable risk/reward ratio (around 1/3). Good luck

Brian_Philips Updated 

Hey guys, based on the chart, I've identified a resistance area (in 4H timeframe). And we can see the rejection of price from the mentioned area. Also as confirmation for our scenario is the descending channel that is identified on the chart. So It ca be another good trading opportunity with risk/reward ratio around 1/4 which is considerable! Good luck.

Brian_Philips

Based on the chart, price reached a resistance area that I previously considered for bigger timeframe and the reaction of price to this area is visible. So I considered this rejection of price and making new lower lows as changing the trend to bearish (in 15min chart ). Also risk/reward of this opportunity is around 1/4 which is considerable and I prefer to...

Brian_Philips

Hey guys, Based on the chart a bullish channel has been identified and currently price have reached to the bottom line which can act as a supporting level. Also a bullish wedge is on the chart that can confirm our bias. So with risk/reward of 1/3, it can be another good and low risk opportunity to buy.

Brian_Philips

Hey guys, Based on the chart, a major resistance area is broken and currently we are in a range market that I consider it as a simple correction for the next movement of price. I've defined 3 levels of take profit and with consideration of risk/reward 1/3.7, it be a good trading opportunity. Good luck!

Brian_Philips

Hey guys, Based on the chart price reached a resistance area on 15min chart timeframe and a bullish trend line is broken. So based on this scenario and considering the previous days drop on price, I consider this movement as good sell opportunity with rational risk reward ratio which is around 1:6. Good luck!

Brian_Philips

Hey guys, Based on my analysis, USDJPY reached a key level that might to have a good point for next rally. As it is visible on the chart there is a conjunction of two important trend line that they cross each other on a support area. So however it can be a little bit risky because currently there no clue for reversal to uptrend in 15min chart, but the good risk...

Brian_Philips

Hey guys, based on the chart price reach a key level and and a bearish reaction of sellers is visible on 15min timeframe and again if we change the time frame to 1H again we can see another foot print of sellers on candlestick chart. So based on this scenario we can consider this movement as bearish. Good luck

Brian_Philips

Hey guys, Based on the chart we can consider a bearish movement for XAUUSD because we consider a bearish trend line and also a bullish swing has been broken in 15 min timeframe which we consider this as a resistance level for this movement. The risk reward ratio for this position is 1:3. Good luck.

Brian_Philips

Hey guys, Based on the chart we can clearly notice a false breakout on the price which support the yesterday scenario of strength of US dollar. So as we can open a sell position to the targets on the chart. Good luck

Brian_Philips

Hey guys, Based on the chart, a major support area is broken and market is in bear’s control. The current movement is considered as pull back and because of the weakness on buyers, we considered a good opportunity for opening a sell position with a good risk reward ratio 1:3.