Welburg_Trading

Welburg_Trading

The price has managed to trade down to the 61.8 Fib retracement level and we are expecting growth from this level towards immediate resistance located at 38047.57. Long potitions can be considered with 35142.00 as a entry zone and TP set at 38047.57 and SL set at 34142.14. Good luck and happy trading!!!

Welburg_Trading

Price has broken the descending trend line and as a result we will be targeting the 61.8 Fib retracement level located at 678.82. Entry level is set around the 620.78 level with SL set at 592.05. Good luck and happy trading!!!

Welburg_Trading

With a main bearish trend, the pair has managed to trade up to the 61.8 Fib retracement level. Although further growth are anticipated to the level 1.09609, immediate Short potitions can be considered with SL set at 1.09827 and TP set at 1.08742. Good luck and happy trading!!!

Welburg_Trading

Tesla is currently trading within a grey area. Although we are bearish at this stage, short positions will be considered only after price breaks and hold the 537.98 level with a target area set at 351.38. Good luck and happy trading!!!

Welburg_Trading

On Friday a few divergence signals appeared on the H1 timeframe, if the price reacts to the signals and break through level 1.20793 - green line, short positions can be considered with level 1.19696 - blue line as a TP area. NOTE - Slight bullish movement are still expected during the beginning of the Asian session. Good luck and happy trading!!!

Welburg_Trading

Bitcoin currently trades within a grey area on the H1, but a bearish price move can be expected after the appearance of a divergence signal. If it manages to break and hold support marked in green, short positions can be considered where support marked in red can be used as a TP area. Good luck and happy trading!!!

Welburg_Trading

a Divergence has been signalled on the 10th and the pair seems to be reacting to the signal. The pair is currently in a up trend (H1), but the upper border of the trend Channel are descending and with GBP government bonds 2yr yield also in a bearish position we might see a move to the bearish side. With that said, the anchored weekly VWAP line has flattened and a...

Welburg_Trading

The pair seems to be set in a solid down trend. With a divergence that was signalled during the later stages of Wednesday, the pair does not look like it is reacting to it. Consider short positions when the divergence level are broken (1.07865, green line) with a TP set in the area of 1.07520 (blue line) Good luck and happy trading!!!