Proszi

Proszi

Quick Idea

Proszi

Back to the basics. We are currently around the support area looking to either break down and continue with the bearish momentum for the market or bounce up and reverse to the bull side. Watch out for fake-outs. This was a very bearish week for AUDUSD and I believe it's about time we start seeing a reversal to the upside. Technical indicators: RSI oversold on 1H and 4H.

Proszi

I could only see two outcomes of this situation. The first where we would break through the 108.300 resistance and carry on with the bull-run (which as seen has been rejected) and the second scenario where the market breaks down through the ascending trend line support. This brings me to my conclusion that the market wants to keep making its way down to 107.600...

Proszi Updated 

Ascending trend line bullish reversal trade possibility. If the trend line breaks out, take the short.

Proszi

Technical : Our descending trend line has been just touched as the market opened, I expect to see a short following our bearish parallel channel. Market started off with a bearish candle so far, however a breakout may also be possible so trade at your own risk with proper risk management. Also, if we look at the short term RSI (on 1h and 4h), we can see the pair...

Proszi Updated 

PA analysis shows us a reversal candle forming on the daily time frame after hitting the resistance level around 1327. Took a short entry here with a solid RR ratio outcome, lets see how it goes. Expected pullback should go all the way down to the 61.80 Fib level (or the support level at 1304). After that will be looking to go long again! Hope this analysis helps,...

Proszi Updated 

Quick idea

Proszi

Just a simple analysis, looking to test the major support level commencing this week. Watch out for a breakout. Good RR ratio on a long term investment. Trade at your own risk.

Proszi

Could be an easy trend trade, lets see if we can retrace higher a little more before entering the short. Also looking to retest the resistance line, watch out for a breakout. Trade at your own risk.

Proszi

Just recently S&P500 has broken our main resistance zone shown on technical analysis. I strongly believe we will see a huge bearish reversal, but I think at the moment we are to expect a little more bullish momentum, especially knowing we just broke out our 2940 resistance. I can only say that the next highly anticipated resistance zone will be formed at the...

Proszi

You can tell by the 4H candle wicks that we are refusing to breakout in the upside direction, therefore, a safe and simple short entry around this point can provide a solid RR ratio! Good luck to everyone who took or will take trade in it! I really can't find much indication of how this pair can possibly be bullish. If we zoom out and look at long term time...

Proszi Updated 

Are we still going to move in accordance to our parallel channel or should we expect a breakout? Setup looks quite bearish but anything can happen!

Proszi

AUDJPY Looking at the daily time frame, we have been in a beautiful side ways market respecting the resistance and support levels. Recently we have approached our main resistance zone and currently expecting a huge downside movement. Nice short set up and a great sell opportunity for investors!

Proszi

Waiting for the perfect sell zone before the drop!

Proszi

EURJPY starting to close in on the third major LH at the resistance area. Was a long day of waiting but I'm afraid a bit more patience may be required before we see the drop. *Trade at your own risk*

Proszi Updated 

4H descending triangle formed. Expected quick pullback before downside continuation.

Proszi Updated 

BTC has been showing beautiful swing movements on the daily time frame in the symmetrical triangle formation, letting the swing traders have the time of their lives for the past few months. We have now reached the 3 higher highs (HH's) on the top trend line of the triangle. We can potentially expect to see BTC form the final lower high (LH) on the bottom of the...

Proszi

SP:SPX And so it begins...