Audi has a very interesting situation. Let's see.
On the daily chart, we see that pair found strong support at 0.71 and forms a pinbar from it - But not in a hurry to long.
It is worth at least to look at the same frantic downward impulse that occurred from 0.725.
However, there is still a short-term...
The pair found support at 0.674 from which the short-term correction takes place, most likely to the level of 0.6775, after which the price will form some kind of reversal candlestick setup in the form of a pinbar and a false breakdown of local resistance and will go down.
You can enter Sell Limit at 0.6775 to the level of 0.672
Hello! I am changing my thoughts on the euro growth forecast.
I assumed growth only in the short period of time, because the main dynamic is still downward and supported by a huge tonne of negativity in the eurozone.
Now there is a cluster of candles on a pullback, which is probably will break through to the level of 1.130.
This level is VERY important for the...
Greetings to all!
Today I will share with you some my thoughts about the pound.
Recently, I published an idea where I assumed the growth of the pound. I stick to still with it.
I will look at different time-frames for a broad picture.
Let's take a look at the daily chart.
Here we see that the price cannot just be breaked...
Hello! On the euro overdue as a minimum correction, as a maximum trend reversal.
Fistly, on the 1h we could see many attempts of bullish divergence which still did not work out, but now I think eur will short-termly grow.
Secondly, we could see that on the 4h price formed a bullish candle setup - one candle absorbing the...
Hi, guys! Here my thoughts about pound.
GBP was falling on statements about the slowdown in the economy of the head of the Bank of England.
But after news impulse, we have seen that price has made a fake breakout of level 1.294. That's why now we can see this uptrend impulse, which could continue enough long.
Also we could see that on the 4h price worked out of...
Hi guys! On the 1h chart we could see that price came to the resistance and formed two pinbars + bearish absorption + bearish divergence and also symmetric triangle on the RSI + Rsi is near to 70.
And of course symmetric triangle on the 15M chart.
Short-term sale to zone 1.322-1.323
Hey guys! I have some trade idea for you. So, GBP is falling on the news about PMI lower 50 and we are also having some technical signals for short.
On the 1h we could see a pinbar next to the resistanse and the next candle was bearish which in aggregate with pinbar formed bearish trade setup
Hi! Gold and silver have very simillar charts, that's why I will analyze silver
On 4h we see that price forms V model of trend reversal, and probably we will go the previous maxium on the level 15.8
Same dynamic has gold, but it will probably go to the 1304
Hello! I think USDCAD is ready for bullish correction.
Why I think so :
1) Strong support 0.618
2) 1h candles forms V model of false breakout level 1.312
3) After false breakout, there will be strong up correction
4) And also bullish divergence on RSI + RSI at30 oversold zone
But, I could be wrong, because there a strong down trend and price doesn't care about my opinion.
Hello! Here some thoughts about nzdusd :We have an uptrend, that's we could shorttemly go higher. But before closing ,arkets, in Friday we've seen that price has formed double top and has fallen.
That;s why I have 2 idead about future moving :
1) If we don't stop this falling, we will go to the 0.686-0.684
2) If that falling become false, we will go the...