anascheema

anascheema

SNP500 seems to have found a support level at around 3800 (Fib 0.618) It will likely rise to the falling trend line. If it breaks the trend line, it could be the end of the bearish trend. It is also significant that this price action is happening close to the end of the year. If the price falls from the trend line, it will confirm the continuation of the bearish...

anascheema

NZDJPY is showing a strong bullish trend The resistance is at 84.95 The price will likely break the resistance to continue the bullish trend If the price bounces from resistance, it might indicate a reversal

anascheema

Ethereum has been contained in the range for the past several days. Currently, the price is climbing from the bottom of the range creating an excellent opportunity to buy. There are two possibilities when it reaches the high: 1: It breaks the parallel channel and the price rises further, creating momentum for a bull run. 2: Price gets rejected and sustains the...

anascheema

USDCAD is in a strong bearish trend and shows no sign of slowing down. The price just got rejected from the trend line and this would be a good time to short. Support levels are strong so it will be interesting to see if the price bounces back up from there.

anascheema

Going short on Gold. There are several bearish indications showing a downward bias. The resistance has shown significance in the past and since the price got rejected from there while maintaining the rising wedge pattern, this strongly suggests that a price drop can be expected soon. There are two possibilities: 1. Price bounces from the support level 2. Price...

anascheema

EURUSD is showing a strong continuation of the bullish trend.

anascheema

Ethereum had been trading in a range for the past 2 weeks. The 4-hourly trend shows a rising parallel channel. Now, Ethereum has broken its resistance at 1300 which is now acting as support. The new resistance is at 1345. Current price action is creating an ascending triangle strongly indicating a continuation of the bullish trend. If the price breaks the 1345...

anascheema

Understanding Bitcoin Trends Bitcoin has maintained 2-year trend cycles as far back as it has been traded and the price ranges for each trend have shown consistent patterns. Here, I'll try my best to show what patterns we can find and how they might be helpful. Bullish Cycles Following the past cycles, we can expect the next bull run to show up around the...

anascheema

The bullish trend will continue but will wait for the resistance level to break for confirmation.

anascheema

Expect a bullish trend if the price breaks Fib 0.786 at around 1.3355

anascheema

Ethereum bounced from Fib 0 and continued on to create a head and shoulders. As soon as the price breaks the previous high, the trend will be confirmed.

anascheema

1. Overall trend is bullish 2. Fib 0.786 acted as resistance and currently shows a strong indication of acting as support. 3. Medium risk as there is possible resistance close to TP1

anascheema

USDJPY forming a rising wedge in a bearish trend. This indicates the continuation of the bearish trend.

anascheema

This a very short-term trade with very tight margins. 1. The price has likely support of around 0.618. 2. Latest price action in a downward trend with a CRAB Harmonic Pattern.

anascheema

Going Short on Gold Futures. A clear bearish trend can be seen. If the price breaks the first resistance, that will confirm the trend and will be a great entry point.