Hello traders, Today my idea is that if the price closes under this support line at 8555.0, we can open short positions. Better to wait some new candles to confirm the direction, but I'm going to open a small short position right now. Follow me for new ideas:)
As you can see, the price touched this line at 1318,46 so many times. Often reversed here, so I think its a very important support-resistance line. If the chart continues going down, we can open short positions after a correction calmly. Follow me for new ideas:)
The EURUSD pair trades with strong negativity to break 1.2304 level and attempts to hold under it, which urges caution from the upcoming trading. As the price heads to turn its intraday track to decline and visit the 1.2180 level mainly, noting that closing the day below 1.2304 will confirm heading towards the mentioned target. Stepping above the support line will...
Gold price pushes negatively on the key support 1315.34 in attempt to break it, which urges caution from the upcoming trading, especially in case the price closed today’s trading and opened tomorrow under the mentioned level, which will stop the expected rise and push the price to turn to decline. Note that settling above 1315.34 will keep the bullish overview...
The EURUSD pair ends today’s trading with clear negativity to test the key support at 1.2304. The price needs to hold above this level to keep the bullish trend scenario valid for the upcoming period, as breaking it will push the price to visit 1.2213 - 1.2160 areas mainly, while the next positive target is located at 1.2536.
Gold broke the triangle downward. At 1316.16 the support line still not broken, so we dont have a strong confirmation to sell GOLD. If the price breaks this line,and closes under this, we can sell. I will update this idea,when I open any positions. Follow me for new ideas:)
Selling on BTCUSD is a good idea for now, because the price broke the triangle and closes under it, but there is a very strong resistance line at 5982,8. You can see how many times it has been tested if you rewind the chart. I think we have to pay attention when the price is near to the support line. If the chart will not break the support line, we have to close...
Who followed my last idea, and I had a good long between 1,23433 and 1,24108. I think we can open long positions soon. If the chart breaks upward from the triangle, we can open big long positions. I will update this idea, because a correction is possible after the breakout. Follow me for more ideas:)
The price broke the downtrend resistance line at 0,73248. The bulls pushed the price to 0,74263, than the bears pushed it down to 0,72795, but the chart has not broke the support line so i think this was a big correction. On daily timeframe the chart is ranging. I think, if the chart continues ranging, it wont break the support line at 0,72795. If it breaks that...
I think the chart will break the triangle upwards. If the tringle will be broken, we have to wait for a retest, than we can open long positions. I will update this idea.
Hello traders! Bitcoin is in downtrend since 2017.12.17. We see lower lows and lower highs. Since 2018.01.29 we can see a main support line at $11863. I drew a triangle around the chart, but it broke this triangle and continues falling down. The RSI and Stochastic shows that the price will go lower. If the present candle closes under the triangle, I think that a...
The price broke from the small triangle. The main trend is uptrend since 2016.12.21 but a small downtrend has started since 2018.02.16. If the chart breaks the big triangle or closes above it, we can count with the continuation of the uptrend. The RSI and the Stochastic shows that there will be a downward correction. I think the best idea for now, is to wait for...
Hello traders, I want to share my experience.. Today, I was in a long trade on gold. I put my stoploss at 1314,88 as you see, there is a line. The price broke down, hit my sl out and than immediately broke up. You have to learn from my fault. If you tradig gold, don't put the stoploss close to the chart. Have a beautiful day to everyone:) Benjamin
The price broke the resistance line at 1324.04. If the candle closes above this line, we can open huge long positions. I will wait for the retest, than I will open huge long positions on GOLD. Good luck to everyone:)
This pair continues rising, but i feel that, a correction is coming. So i think that, better to not open any long positions now. If the present candle closes lower than the previous, we can open a short position to use the correction as a profitable possibility. I will put my TP at 1,00840 Good luck to everyone:)
If the present candle closes higher than the previous or closes in, or above the resistance area, we can start thinking about a long position, but now I think that the chart is turning back. If the present candle closes under the last, we can open short positions again.
As you can see guys, to use Fibonacci levels is the best idea to analyze this situation, because the price is always turns at the Fibo levels. There is a resistance line at 1325,09 but there is a stronger resistance line at 1327,86. The price is in a triangle now. If the chart can not breaks the resistance line at 1325,09 we have to open short positions. When the...
The price broke the resistance line 0,73219. Now the bulls are in very strong long positions, but a little correction is coming. The resistance area is between 0,74391 and 0,74276 and the RSI shows that here will be the correction. This correction won't be huge, because like I said, the bulls are very strong now.