Looking at NAS100 1H CHART This index is most probably going to continue with an uptrend movement, this movement may come about after it completes a retracement to the closest support, which I indicated as support 1 If it fails to show any candle retracing at support 1, it may well move to the next support but overall the trend is trending upwards and we can...
Sell EUR/USD after it broke the support, key factors include: Broken Support Next upcoming support that we can use as our target and also a reversal level target at 1.17979 SL at 1.18900
After watching XAU/USD Move to the support on 1D timeframe The commodity has reversed and it now uptrending,on the 15min timeframe channel Key factors that influenced this decision: Reversal on 1D timeframe 15Min/1H channel uptrending Relative Strength Index
If a reversal candle shows up at that level of resistance, this position can long up until 13000.00 areas
After looking at the commodity yesterday it had a bearish day, and the bearish was at a poshential resistance, it closed while still be having a bearish movement, which in turn gives out a reversal movement, I am looking forward to selling XAUUSD at the 15-minute resistance, and here are some of the reasons why: The resistance on Daily Timeframe The MACD &...
After looking at what is a bullish trend on NAS100, I Came across a resistance level that may push it to retest the trendline, plus the broken previous resistance, points for taking this trade: Reistance on 15min Chart RSI has reached 70(overbought) The MACD is crossing The trend has to retest the previous resistance, for it to continue with its bullish...
XAU/USD(GOLD) has seen a movement in the upwards direction over the last week and to my analysis of a downtrend (trend) it has reached a point of resistance which it may decline and continue over with its downtrend movements, it has to decline the area in order for it to be a proven reversal here are the key things I checked It's in a downtrend It took last...
The Commodity OANDA:XAUUSD has a chance of moving bullish up until te point 1759.00
OANDA:XAUUSD has been in a downtrend movement for weeks now,the resistance in the 1H timeframe may seal the deal of it continuing with its bearish movement
After USDCAD has been moving in a downtrend, it has paused a bit to retrace to a resistance which touched the trendline and a major level which it was resisting for quite a long time, I am looking forward to selling this currency pair on Monday for a long term trade but I will first have to wait for a good price on lower time-frames...But overall I think it's...
After completing its 1H downtrend NASDAQ has created support at the trendline, and it has been failing to break below, the only way left is up to the level of 13101.00
TP at 149.229 for short term and 146.880 for longterm
XAUUSD had resistance at level 1719 and it has been declining at that level while its direction is a downtrend, I think it's fair to sell it to 1657 levels
Reasons why buying is a good idea It has broken the resistance It is retesting the previous resistance It has touched the 15 min trendline There is new support on the 5min chart and it is being respected The overall outlook on GJ is that it is continuing with its uptrend movement on monday With a stop loss at 147.550,and take profit at 148.130
I think Nas100 will retrace to the levels of 12287's,then from that point it will Continue with the downtrend levels up until 10670,looking to enter a longterm position on this with a small account,but If you looking to grow the account You can also get it on its way up to the 12287 areas as a buy