Men_of_The_Markets

Men_of_The_Markets

This pair has just been there, not doing the most. It trends one day and ranges the next. A key point to note is that now, price sits on a strong daily support area. We can clearly see rejections in this area, and we just need to see this current higher low to be firmly established on the lower time frames (H1, M30). Once that happens, we could see more upside...

Men_of_The_Markets

At the back of this current hourly uptrend was a clear downtrend on BTCUSD. Price eventually created a structural shift at $32,400, switching sides from bearish to bullish. Now, clear higher highs and higher lows are forming. We can now see price reacting to and rejecting a clear structure. Price could most likely continue this trend to the psychological level...

Men_of_The_Markets

We see a clear downtrend on this pair. Price continues to create lower highs and lower lows along this trend and now we see price pulling back. If price rejects this area and forms another lower high at this level, we should see some more sell sides. Patience on our part will allow to let this trade setup without the fear of missing out.

Men_of_The_Markets

At the beginning of this week, we saw strong bullish impulse moves to the upside, and price broke a daily level of resistance. Now, price is coming back to retest this level as support. Focus your eyes on the wick rejections at the level. These 4hr candles are in a way rejecting the daily level. We will wait for a strong bullish close to put us in for buys. A...

Men_of_The_Markets

Yes, we saw it. AUDJPY and its contemporary pairs continued to sell off as though their lives depended on it. As it has been in a downtrend sell opportunities are best after a decent pullback. The last broken level of 82.200 is a level to watch out for. We should see how price reacts to this area before looking for sell opportunities

Men_of_The_Markets

EURUSD has been in a clear downtrend during the past few weeks. Inversely correlated with DXY, a bullish DXY move is a corresponding bearish EURUSD move. After the rejection of the H4 level, we can expect more sell sides to this pair. But should take a sell just yet? Price can come back to the 1.18300 area, create a higher low there, and bounce off to begin a new...

Men_of_The_Markets

During these past weeks, we have seen sell sides to GBPUSD as the dollar has progressively gained strength. Lower highs and lower lows have formed along with this trend with more possible sell moves on the way. The previous daily low was violated with price now coming back to test it. What happens after a break and retest? We will watch to see this current daily...

Men_of_The_Markets

In the last weeks, USDJPY has been in a steady uptrend, providing very decent returns on each buys taken along the move. Now, with the NFP release on Friday, the dollar proved weak and might continue falling this week. If yes DXY loses a lot of momentum against the JPY, we might some continuous fall following the NFP. But if we see this level hold strong, and...

Men_of_The_Markets

Following last week, we saw a negative decline from this asset as price tested the weekly support of $0.75. Now, a push-up is highly probable. Buying the dip actually works, and a possible 36% gain from this move could be in sight. React carefully. Don't get liquidated. Trade Safe.

Men_of_The_Markets

After a short bullish wave from this pair last week, we see how price is reacting to the resistance of 84.000, with the two daily candles closing as dojis. We could a short term fall incoming this week. Be careful though that the trend is up. React to price. Trade Safe.

Men_of_The_Markets

Whenever you take a buy or sell order on a trade, where does it go? A lot of retail traders have no inkling or concept as to how an order is processed or how these so-called forex brokers or CFD providers really operate. In today's lesson, we will learn an introduction to the nuts and bolts behind retail forex trading. This lesson draws a bead on traders who...

Men_of_The_Markets

GBPNZD has been in a staggering teeter uptrend in the past few months. New highs continues to form as previous resistance gets broken after a few trials. Last week, we saw a bullish burst open above the daily resistance of 1.197500. The bulls against the bears. We have now seen price come back to this level and at the time of writing, this daily candle is...

Men_of_The_Markets

From a technical perspective, EURUSD could swing all the way to the highs of 1.24500 in the coming months. Why? The overall daily and weekly trends have been bullish, and now we see price rejecting a crucial level of 1.19000 on the monthly timeframe. The level has acted as support/resistance on many occasions, from the likes of 2003 up to the minute. Another...

Men_of_The_Markets

Just as the month of May began, BTC, as well as most other altcoins took a deep fall, a crash. From May 19, Bitcoin has gradually but consistently moved from the support of $31,000 to the levels of $40,000. However, the flagship cryptocurrency has struggleD to climb above this level as it is a strong level of resistance. While we await a break above or below the...

Men_of_The_Markets

Just after the FOMC news that shook the markets on Wednesday night, we saw EURUSD take a 280 pips bearish fall. What should we expect now? Well, after a push phase or impulse move comes a correction. Price action shows that we should see a short-term correction before another impulse surfaces. Where could the correction end? The most recently broken support of...

Men_of_The_Markets

Adding to my portfolio is SOLBTC. Previous longs made some huge chunk of profits before the whale crash. Now that we see some recovery, I'm taking longs once more. From a technical perspective, the 0.00095000 level of support is quite holding here and we might see price develop some more into the all-time highs. This is support potentially points to a higher low....

Men_of_The_Markets

Here we have it. BTCUSD could meet 30k anytime from now. I'm holding a short sell here with stops at 36,700.

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Men_of_The_Markets

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