Hi, We are at key level. So, buy or sell has similar opportunities. However, I still believe the downward momentum is available. My bias is bearish currently. But, I will think differently if candle 1H close above yellow trendline. Thank you.
In my opinion, price will continue bearish after completing H&S pattern with level 1.16 as the next support. Cheers
Hi all, I think GBPCAD has find its stepping point to launch higher from double bottom. Cheers, Khres
Hi all, In my opinion, there are opportunities with pullback strategy to EMA-200 channel (set the lines source: high and low) to take shorts on these pairs. Or at least, we can identify the resistance area near the EMA-200 channel, watch for price action before open positions. Quite simple. Thank you. Khres
Hi all, I see in forexclientsentiment.com that many retail traders are taking short positions (70%) while we can see the price is rising up slowly. Just be careful.
Dear all, It's my personal opinion. Picture is to explain my personal bias and not to give any advice. The pair is to touch again trendline (and there is a rejection candle) and waiting for breakout from symmetric triangle pattern. I expect for breakingout to south again. Alternative path is purple arrow. For several times, this pair walks very rhythmic like a...
Dear all, These are my personal opinion: 1. RSI-8 overbought. Price seems respecting overbought and oversold area in RSI-8. 2. Supply - Demand I will look only for short position. But, to have entry between 1.77 and 1.76 is ideal for me . Pictures are to show my bias and not to give advices. Cheers, Khres
Dear all, It's my personal opinion based on some great indicators that I find in TV for free: a. RSI-14 are creating bearish divergence. b. Price is respecting MA-200 and MA-600 as dynamic support and resistance, where I can expect bounce downward against MA-200. c. And, from COT, at some degree, the price has correlation with Non-Commercial Net Report on AUD &...
Dear all, This is my personal opinion. The COT report for 13 July 2021 mentioned that Institutional added Short Contract more than Long Contract in AUD (Bearish Sentiment) while it added as well Short Contract and also close Long Contract (Bearish Sentiment as well) for NZD. With both have bearish sentiment, I look to Non-Reportable Positions where there are more...
In my personal opinion, it looks like Cup (sort of big bowl) and Handler.
In my personal opinion, I see it bearish still, price is accumulating at the bottom of the rectangle pattern/ descending triangle pattern with a possible downward channel to be.
My personal opinion: Downward channel in making,, so I bet for a short.
My personal opinion: With anything that happened, EUR/USD couldn't be pushed down; maybe this is the time for this pair to go Long.