Market Analysis: The market after breaking the monthly support level. Couple of days back is now retesting the broken support level. We are expecting some new lower lows to form in the coming weeks to see a huge downside move. If the resistance holds, so lets wait and see what the market does in the coming days. Cheers!
Market Analysis: Now the market is trading near the support levels. IF the support levels holds on we can expect a uptrend soon to the resistance zone. Once that's broken next to the possible resistance level. So lets wait and see what the market does in the coming days. Cheers!
MARKET ANALYSIS: Wait for the market to test the resistance level or the fib 61.8% for a better entry on shorts. Lets hope we can see a retest till the broken resistance or to the fib levels. Lets wait and see what the market does in the coming days. Cheers!
Hello traders, 1. In this scenario we can see clearly how the institutional traders screws the retails traders by using all these sudden price spikes in order to hunt the stop losses. 2. Even in the higher time frame its clearly show that there was no candle closing above the resistance level. The market just gave spike to the next resistance level and came back...
MARKET ANALYSIS: The market has reached the fib 61.8 level and now we can expect a trend continuation if the support level holds. But once the resistance level is broken we can expect a huge uptrend again to the next possible resistance level. So lets wait and see what the market does in the coming days. Cheers!
MARKET ANALYSIS: The pair is now trading after a fib 50% retracement level. Once the market breaks the resistance level near 118.00 we can expect a new high to the next possible resistance at the 120.30 level. So lets wait and see if the market could break the resistance and head north. Cheers!
MARKET ANALYSIS: The pair is now trading near the resistance area, If the resistance holds we can expect a new lower lows to the next possible support level. The probability are high since we seen plenty downwards movements with minor retracements. So lets wait for the market to break the minor support near the 1125 level. Then next target will be near the...
MARKET ANALYSIS: The pair has been a long term trend line support. Now it has broken the trend line, Now it has retest a broken support level too. Its a better entry to sell the pair if the resistance holds. So lets wait and see what the market does. Cheers!
MARKET ANALYSIS: The pair is now trading in a inverted head and shoulder structure. It has broken the resistance at 51.24 the next possible long term target will be near 61.50. So lets wait and see what the market does in the coming days. Cheers!
MARKET ANALYSIS: The pair is now taking a support with a strong trend line, If the trend line holds on longer we can expect a new up trend. But we have resistance zone. If the market is able to break the resistance zone our new up trend will be confirmed and can expect a movement to the next possible target level near 151.00. So lets wait and see what the market...
Market Analysis: The Pair has broken the monthly major support level in the daily time frames. Now the market is retesting the broken support level. If the support which now turned to resistance holds we can expect a new low to the next possible support level. So lets wait and see what the market does in the coming week. Cheers!
Guys as we have analysed the market is reaching the targets. I update the next chart once we are near the resistance some. Cheers!
MARKET ANALYSIS: The pair has been trading inside a huge long term descending channel. Now we are seeing a breakout. Now if the support holds we can expect a new target to the next possible major resistance. In between we have minor resistance which we need to break. So lets wait and see what the market does in the coming days. Cheers!
MARKET ANALYSIS: As we have analysed we had hit our previous targets near the resistance zone. Now the market has broken the resistance zone. So the possibly will be the market to retest the broken resistance which now turned to support. Then head towards the next possible resistance level. So lets wait and see what the market does in the coming days. Cheers!
MARKET ANALYSIS: The pair is now trading in rising wedge pattern. If the support holds and once we break the resistance level. We can expect a rally to the next possible major resistance level. So lets wait and see what the market does in the coming weeks. Cheers!
MARKET ANALYSIS: As predicted the market has broken the resistance now we are moving to the next possible resistance level. For a long term target at 116.00. So lets wait and see what the market does in the coming days.Cheers!
MARKET ANALYSIS: The pair is now trading inside a descending channel and we have hit the resistance now we can expect a new low to the next possible support level. So lets wait and see what the market does in the coming days. Cheers!
MARKET ANALYSIS: The pair is trading near the long term trend line support. If the market holds the support we can see a new uptrend to the next possible major resistance. So lets wait and see what the market does in the coming days. Cheers!