Investroy

Investroy

Having conducted a thorough MTF analysis of EUR/USD, the following observations could be made: Weekly: as it can be inferred from the Weekly-timeframe chart, the price has been shooting wick candles and failing to break above the major resistance highlighted on the graph. The ongoing Weekly candle is looking massively bearish, and if we get to have a such...

Investroy

As it can be inferred from the H8-timeframe graph, the price has made a successful initial bounce off the 1.331 - 1.332 area of support that is highlighted on the graph. Observing the ongoing price development, is can be noticed that the price is failing to push higher, and that it might perform another re-touch of the same zone (1.331 - 1.332) and form another...

Investroy

In a world where you can love anyone and anything your heart desires, fall in love with ONE currency pair ONLY. The notion of "the more pairs I trade, the more money I will make" is false. If you wanna be a consistently profitable trader, it is more beneficial to focus on a small selection of securities and master them, and there is a concrete reason for that....

Investroy

As it can be observed from the Daily-timeframe chart, the price has nicely broken and re-tested the 0.879 - 0.88 area of previous resistance now turned into support. Zooming into the H8-timeframe graph, we can see that a massive wick candle has been printed to re-touch the same key level and grab some liquidity laying below it. From here, we are expecting for...

Investroy

Looking at the DAILY-timeframe graph on the left-hand side of the screen, we may observe that the previous candle has managed to close impulsively bullish and approach the crucial area of resistance highlighted on the chart. Zooming into the H8 graphic, it can be inferred that the price might be headed towards the 1.364 - 1.365 region before forming a Double Top...

Investroy

As our previous EURUSD idea played out perfectly, we're now looking to break our previous target which currently holds up as a resistance zone. The initial attempt to breakthrough was rejected; however, as the wedge keeps on getting tighter and tighter it is clear that the breakout is inevitable. Buying off the trendline might be a move for some traders; however,...

Investroy

Happy new trading week to all the community members! As we're currently resting around a 1.355 level, there is a clear short term opportunity to sell this pair. A vividly developed range is always a good way to make some quick bucks on this potential 120 pips downside move. Would you enter this trade?

Investroy

Welcome to another edition of our educational articles that should help the TradingView newbies find an edge over the market and help strengthen the existing mentality for already successful traders. Trading is not just about having a winning strategy and implementing it correctly. Trading psychology plays a crucial role in trading performance. Emotional biases,...

Investroy

Good time of the day, traders. In today's technical analysis, we're taking a closer look at EURUSD that has been on a beautiful symmetric uptrend for quite a while now. It's look like this decisive directionality is slowly running out of the steam though. These periods are usually followed by consolidation areas (a simple box range) where we would build more...

Investroy

After our successful USDCAD short trade using the "Flag" pattern as a bearish continuation, we have another opportunity slowly but steadily forming in the kitchen. If we zoom out, we can see that this is all a part of the W (double bottom pattern) that has been formed due to recent USD weakness. The common misconception here is that, people sometimes expect...

Investroy

As Bitcoin prices continue to surge, you may wonder wonder where the next area of interest will be. According to recent price development, HKEX:20 ,000 is the next target on the radar. In February, we predicted that shorters would be wiped out and that a HKEX:20 ,000 pullback was likely. The sequence of events has unfolded as expected, with emotions flooding...

Investroy

The bearish flag pattern is a common technical analysis pattern that is used by traders to identify potential trend reversals or continuation. This pattern forms when there is a sharp downward move (the flagpole), followed by a brief period of consolidation (the flag), before another downward move. In the case of the USDCAD pair, we can see that the pair has been...

Investroy

The pin-bar candle formation that can be observed from the Daily timeframe implies that short to middle-term bullish moves may continue for now as the price might potentially head towards the area of resistance plotted on the chart that lines up with the 61.8% Fibonacci retracement level also aligning with the descending trendline identified on the graph.

Investroy

As it can be inferred from the H4-timeframe chart, the price has nicely rejected the local area of resistance highlighted on the graph. From here, we are expecting for the price to drop all the way down till the level of support (Weekly TF Higher Low) pictured on the graphic.

Investroy

Judging by the recent price development, some sort of an ascending triangle has been formed and the price is currently attempting to reject the upper boundary of it. If we get to see a short-term drop and re-touch of the highlighted ascending diagonal area aligning with the 61.8% Fibonacci retracement level, we might consider entering long positions and targeting...

Investroy

As it can be inferred from the Weekly Timeframe chart, the price is on the verge of approaching the ALL-TIME HIGH levels highlighted on the graphic. Looking at the recent price development, we might observe that a rising wedge pattern has been formed, the bullish breakout of which we are awaiting for further upside move. A mini-support has been formed at the...

Investroy

First of all, let us clarify, that what we mean by a "bad trade" is simply a transaction that was unsuccessful . There are no "good" or "bad" trades as the whole system of trading is random and unpredictable. In other words, if we knew how to differentiate between bad and good trades, then technically, we would always choose to enter good trades, right? Or should...

Investroy

As it can clearly be inferred from the DAILY timeframe graph of GBP/USD, the price is approaching a major level of resistance that it can possibly reject. We will keep monitoring the price development around that zone and enter short positions upon confirmations.