At the moment price reached a very important area for EURGBP and we have two different scenarios for this case: ---------------------------------------------------------- 1. Wait for rejection and buy for a bullish movement. 2. Keep looking on the chart and wait for the breakout. then sell at the pullback....
Hey guys, Based on the chart there is a good buy opportunity for XAUUSD. So lets check the chart with us and see what is happening: ------------------------------------------------------------------ 1. Breaking the bearish trend line ( Bullish ) 2. Bullish Engulfing candlestick ( Bullish ) 3. Breaking a resistance area strongly and a pullback is happening (...
Hey Guys, Based on the chart, there is a good sell opportunity on GBPCHF. But let check the chart and see what is happening right now: ----------------------------------------------------------------------------- 1. False Breakout happened on a uptrend channel -- Based on the candlesticks ( Bearish ) 2. Price is in a downtrend ( Bearish ) 3. Price reached a...
Hey guys, Based on the chart price is in a good situation for opening sell positions on XAUUSD. But let's go deeper on our reasons and see what's on the chart: 1. Price is in a downtrend ( Bearish ) 2. A correction have happened --> price reached to 0.618 Fibonacci and dropped ( Bearish ) 3. Bearish Engulfing Candlestick ( Bearish ) 4. Currently price is in an...
Hey Guys, Based on the chart, it seems to a have good buy opportunity on USDCHF and it would be good to hold it for following days. So let's go more details on what's going on the chart: 1. There is a strong bullish Engulfing candle ( Bullish ) 2. Price is making higher highs and higher lows which means we are in an uptrend ( Bullish ) 3. Price is close to our...
Hey guys, As you asked about GRTUSDT, We can say that the price is currently on a support area(However it is not a major) and we have different scenarios for it: 1. Breaking the support area: it would be possible for price to drop till 0.5 2. Rejection happening: At this situation the next target would be 1.1...
Hey guys, As you asked about CELRUSDT, based on the chart, price reached a major resistance area an actually there is nothing to do right now because we have 2 different scenario at the moment: 1. rejection of price from this level (or even a false breakout): It may lead the price to drop on specified areas. (probably 0.043 ) 2. Breaking this area...
Hey guys, As you asked about the SHIBUSDT, this market is in range right now and probably it will remain at this range for the following days. There are 3 things that we've to consider about this chart: 1. Price moves up and down between a support and resistance area (Range market) - It specified on the chart 2. The previous bearish trend 3. Bullish divergence...
Hey guys, Based on the chart movement price reached to a resistance area and also it reach to the top of the downward channel. So the scenarios are: 1. Reaching price to the top of the downward channel. 2. Price rejections (starts happening from 6th of September) 3. The price reach to the 0.618 Fibonacci of the previous wave 4. Hidden divergence on RSI(14) So...
Hey guys, Based on the chart and whatever happened during the last week, there is a strong bearish possibility for BTCUSDT in the following days. AS it specified on the chart, I have 4 reasons for have a bearish movement: 1. Strong daily bearish candle 2. Reaching to the top of a downward channel (It would be valid till the price remains in channel) 3. Price...
Hey guys, Based on the chart we can have a good sell opportunity for AUDUSD. The scenario for selling is: 1. Downward trend 2. Breaking the rising wedge 3. Strong bearish Candle 4. Strong resistance area at the top Note: As always please take risk management rules into consideration before opening any position on the market. Good Luck!
Hey guys, Today we have a good selling opportunity on CADJPY. The scenario of trading is: 1. Bearish downtrend. 2. Price reached a major resistance area and can be counted as a pull back. 3. The price rejection from this area. So based on this scenario I opened a sell position with low risk and high gain. Note: As always please take riskmanagemet rules into...
Hey guys, Today we have a great buy opportunity on BTCUSDT. Based on the chart, price reached a support area and a strong rejection happened yesterday. Mainly this action can be a good sign of traders willingness. It shows that buyers are strong while sellers lost their positions. So It would be highly possible that a bull run start soon and I prefer to be...
Based on the chart, price for the third times reached a major resistance area and rejected. So based on these rejections, it seems to be a good trading area with low risk and high gain. Also the candlestick movements are getting weaker which can be a good sign for sellers. So based on this scenario I prefer to be seller at this area which can have good risk reward...
Based on the chart, price reached a major support area and a strong rejection happened today. Still there is no sign of sellers at this area, and it would be highly possible this bullish movement continues to preferred area. So based on this scenario it would be a good choice to buy on dips which can provide good risk reward ratio for the following days. Note: As...
Based on the chart, price reached a major resistance area and a rejection happened. This rejection can be a good sign of strength of sellers at this area and the weakness on buyers. So based on this scenario I found here as a good demanding area with a rational risk reward ratio and prefer to be seller. Note: As always please take risk management rules into...
Based on the chart, we can notice a strong resistance area with lots of rejection at this zone. So this rejections can be a good sign of supply at this zone. Also a weakness on buyers at this area is observable. So based on this scenario, I prefer to be seller at this area with a good risk reward ratio. Note: As always please take risk management rules into...
Based on the chart price have dropped two times and a support area have broken. This can be a good sign of increasing supply at this area and the weakness on buyers is observable at this area. Based on the change of polarity of support and resistance levels, the previous support now acts as a resistance area and a rejection is about to happeining. So based on this...