What we see today on crypto markets? most of cryptos falling/correcting. My analysis on ETHERIUM shadow of BITCOIN analysis - because usually ETH follows BTC. I see breakout from rising channel , now price on local support , If local support will be broken it will fall to next support level. And if this support level will be broken , then we can see very...
Hi traders ! What i see on daily chart -> triangle. CHFJPY bullish for a long time. Last months we also saw some fundamentals impact on this pair. Now if pair will leave triangle to downside (WFB) , we can short it. Good luck !
Hi crypto traders. After powerful rally BTC gone into bearish trend. It falls , corrects and droped again. As we see it is falling respecting trendline. My opinion it will drop till weekly support. I will go long from this support price.
Hi traders. EURAUD trading in range. Also I catch triangle (Daily chart). Now we need to wait when this pair will leave triangle to upside or downside.
Hi guy. EURUSD falling for a long time. But from end of past year we see some correction to upside. From my point of view it is forming bearish flag pattern. Also we can see false breakout of trendline. I think it will drop more , it has some space till weekly support level. Why I wrote it risky ?: DXY can drop more , if DXY drops , EURUSD may break trendline to...
Hi traders. GBPAUD struggling with strong daily resistance level. My bias is bearish. Just be careful at 0.8800 level , because this pair can face local support at this price. I will close half and move SL to entry.
Last 2 months gold have strange behavior. It is jumping, droping , jumping again. From my point of view it is in triangle and trying to make decision. After analysing DXY (it shows good reverse) my opinion gold will go down. Even with dropping DXY gold does not have enough power to rise with powerful bullish momentum.
EURJPY traiding in downtrend since Jul. Now we see it reached strong support level. Our analysis on JPY and EUR indexes give as idea: this pair will go to test upper trendline. After retest we are expecting bearish bias. But now we are going to buy.
After strong bullish movement GN faced Daily resistance. At this point if enter to sell we will have great Risk Reward ratio. But for confirmation we will use H1 trendline break. If trendline will be broken shorting will be more safe.
As we see USDCHF trading in flat channel for a long time. Now instrument reached very strong daily support. I think it will go higher to top of channel. Also DXY reversed to up. That is why we will give buy order to this pair.
Hi traders, After running to upside CADJPY consolidated and now bearish breakout looks very obvious. From this moment we can enter to sell.
Hi guys. As we can see USOIL traiding in channel. Now it is a little bit far from upper trendline. I do not think it reach exacly trendline , traiding is not geometry , also some fundamental analysis give me reason to enter here.
GBPAUD running in rising channel , now it reached resistance and declined from it. That is why we are entering to sell.
As you see from chart USDCAD trading in rising channel. Now it touched trendline. I think it will go UP. RR also not so bad. Some room above support to avoid accidental SL hit.
Some time ago I was long on AUDJPY. Today AUDJPY tried to break support level and it seems sellers ready to push it down. From my point of view now it looks bearish.
My opinion: After last rally some rest needed. GBPJPY faced strong resistance and consolidated to drop. From my point of view next target is 152-151.
My bias on EURNZD is bearish. IT is trading under strong resistance and EUR has not enough power to break this resistance.
EURUSD reached weekly resistance zone and formed double top on H1 , two last daily candles also make me to short it. At this point we also have a great R:R.