Though History is not 100% proves that market will do the same but I am always wait for a price to retrace for the second time. Here We will be witnessing the price to bounce on the 3rd time. We have a strong weekly support @ 1.1200 which makes our prabability more solid to go bullish... Yet this is not a signal. So it should be considered as initial analysis for...
We are immediately going bullish for this pair for the following few reasons. Bearish Daily Trend has just finished when a healthy bullish Daily Candle break and closed above 72.35 After breaking the daily level at 72.35 it closed above and then retraced at previous week low. A Bullish wedge had been created which mentioned with the trend lines...
With reference to our previous analysis this pair now went us to more top for a better opportunity to sell We were waiting for this retracement since one month. Now the retracement is complete along with touching of our Weekly level. It may have also touched the monthly and daily level but we are always looking for candlestick pattern on H4 chart. Hence a pattern...
We were waiting for this retracement since one month. Now the retracement is complete along with touching of our Weekly level. It may have also touched the monthly and daily level but we are always looking for candlestick pattern on H4 chart. Hence a pattern formed here. Reason for trade is that probability is still bearish because our trend line has intersected...
We were waiting for this retracement since one month. Now the retracement is complete along with touching of our Weekly level. It may have also touched the monthly and daily level but we are always looking for candlestick pattern on H4 chart. Hence a pattern formed here. Reason for trade is that probability is still bearish because our trend line has intersected...
After gap opening on monday 01/07/2019. The daily close below the weekly level @ 137.23 made probability for us to take shor position upon confirmation of H4 Candlestick Pattern. Moreover! the price remained unmoved for almost 3 weeks. If our Sell stop triggerred then we will wait for 3 trading days and if it didn't hit our TP then We will re analyze to close it...
The price already crossed the trendline drawn from 07th May 2019 . The price still intact below the trendline. While daily close has already done below our Daily Level. There is still some bulls pressure applied but probability of selling is always there as per the daily bearish trend. Signal Entry @ 122.35 SL 123.05 TP 121
On Thursday the price retraced from the psychological level of 1400 on the correction after a huge surge. On Monday we will be waiting for the price to touch that exact level. I will update on 4H closing. I am dazing it very closely and if H4 candlestick pattern gives me any bullish signal I will be on buy side. Upon the daily close below 1400 mark, I gonn'a see...
We have Daily bearish trend still exist. On 4H chart We will sell this pair on candlestick pattern on Monday / Tuesday. The Signal will be updated on H4 closing basis Which needs to be staying tuned to these analysis. Surely There are no real news so the price will purely move on technical basis. We are having a chance to take some profit in this pair. Let the...
As the daily trend is still bearish therefore we are always dazing for sell trades in this pair. Today the price opened above our weekly and monthly highs and came down gradually. We then waited for some candlestick pattern which formed at 10:00 am GMT +00 on H4 Chart. My each and every trade shouldn't be running for more than 3 trading days therefore if the...
We are in bullish trend and were waiting for a retracement. Yes it is a short retracement yet we are able to get a bullish signal from here. I am taking my buy position on H4 upon the breaking of currently progress extended Inside bars. Buy Stop @ 0.8905 SL 0.8875 TP 0.8990
We have 3 different level combined. A psychological level @ 1.0000 A Weekly Level @0.9995 A monthly level @ 0.9990 If we check the daily trend It is giving us a great view of a bearish trend after the breaking of 1.0150 dated 9th February 2019. We should only wait for a bearish signal to go short as per below signal information Sell upon bearish candlestick...
The AUDCAD had attempted few times to hit core level of 0.9830 but failed miseribly and went down. It may again try to reach there. Well, We will wait for that moment. If the daily Candle closes above 0.9830 then we are going to stay away of the market and look for Bullish trade. But as long as the price remain below 0.9830 we are always on Bearish side. We are...
When we look at daily chart it has formed (Still forming) an Inside bar which is indicating indecisive market movement. The analysis mentioned above is on H4 chart we have a strong support zone at the bottom. Which can be meet upon the break of triangle. Since I am bullish for this pair therefore I have two targets in mind as described below www.tradingview.com...
EURUSD is Resting. The daily closing will decide where to go. If Closing done below the levl then bears will take control till 1.1300 On the other side and for a 1:4 Risk to reward ratio (Patience will be tested) we need the current daily closing above 1.1580 which may let the market change the trend and move until 1.1850 --> 1.22 area. For immediate update...
"Gold Bearish move is expected. We only needed 4h candle close confirmation which has already done. Price touched weekly trendline and found segnificant resistance at this area. Letc SELL @ 1350 SL: 1357 TP: 1333"