Hello Traders! Price of EURCHF is currently on a descending trendline and and strong resistance area. If the structure is able to hold the price which then could form a bearish double top, we can think of selling the pair. If resistance is broken, then we can wait for the retest and open long position of the pair. in either way, I am looking the movement of this...
BTCUSD has broken the support line and currently retesting the broken structure turning support. The pair looks aiming at touching the next support line. Before it broke the support, the pair also formed a double top which enabled the pair to break it. The Goal/support structure is 37000.00 Any idea on this BTCUSD? Thanks
BTCUSDT has broken the support line and currently retesting the broken structure turning support. The pair looks aiming at touching the next support line. Before it broke the support, the pair also formed a double top which enabled the pair to break it. The Goal/support structure is 37177.00 Any idea on this BTCUSDT? Thanks
EURJPY is currently moving on a bearish trend . Setting a new low around 128.00 the pair retraced to a strong supply area and looking to retest the structure for that , I anticipate a bearish trend to continue What do you think of this pair
USDCHF has broken a support line, looks the pair is going to the next support line indicated in the chart. Could at least fall to the next 50% Fibonacci level of 0.92299. What is your analysis on this pair?
NZDUSD currently bounced of the support line and there was double bottom. I am on the bullish bias to the next resistance structure. 0.6895 is my target! What is your analysis on this pair?
EURGBP has been on bearish and mainly due to the tension in Europe. The pair today recovered a little bit and probably it is a correction looking to retest the broken support structure turning support. Provided the pair does not be above the resistance, it is a nice idea to short this pair and since its going with the trend, it is more safe to short than to long...
Bitcoin is currently reversed back from the strong resistance, the next target is 39333. what is your analysis on Bitcoin?
GBPUSD currently is inside range and it is bearish move on the upper timeframe. if price reaches the resistance and able to bounce back, you should wait for the retest of the structure and short this pair. since its on bearish at least on my bias, it more safe to short this pair than to long it. What is your analysis on GBPUSD currently?
USDCHF is currently in ranging on the daily timeframe, For now the pair has reached a strong resistance area that the market respected several times in the past. Rejection has been going and the market has been unable to break the resistance. if the the market respects the structure, we should wait to retest the resistance and short this pair. On the the other...
IF AUDUSD is able to breaking the trendline it is nice idea to wait for the retest of the broken structure turning to be resistance. if the market is able to continue its uptrend, I am not buying it, just seeing if the price is able to turn into a selling mode. Though its going against the trend, let us be very careful about the risk on this setup. What do you...
If usdcad is able to stay inside the channel, it is good time to wait a retest of the respected support line. Then we can get our shot on going long to the next resistance indicated on the chart! What is your analysis on here?
EUR JPY has opened on Monday with a big gap. the pair has been bearish on Monday and was unable to fill the gapp. as the there is support on the 4hr timeframe indiacated in the chart, the pair should be able to fill its gap anytime soon!! What d you think on EURJPY?
USDCHF is currently retesting the broken support turned resistance. It is good indication that the market is going to stay short for the next movements. my next target is the support line drawn on the chart. What is your analysis on USDCHF?
EurJPY may retest the structure and come back from there if it is going to respect the system. Otherwise, we should wait and see if it is able to break the resistance which we can wait to retest again to confirm and then we can go long! in any case, what is your view on this pair for the next week?
USDCAD is currently in between two strong resistance and support. Next week, probably Monday, if pair is able to break the resistance, it is good idea to wait for the retest and buy the market. Otherwise it on bearish. What is your analysis?!!
GBPCAD has been held by the resistance of 0.382 Fibonacci extension and somehow looks on bullish, but definitely broken the resistance that now it seems to be retesting it again. My bias now is that the pair is still bullish and I am putting my eyes on this if the pair is able to retest the broken resistance and able to get out of the fibo level, I will take my...
AUDNZD is currently on bullish trend, this is a more safe trade to take if the pair fails to break trendline support. there are a lot messy candles for us to reach the next resistance that the pair is aiming to reach. What are you analysis on this pair/