GOLD: Long Signal Explained
GOLD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long GOLD
Entry Point - 2301.8
Stop Loss - 2284.3
Take Profit - 2332.1
Our Risk - 1%
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Target
DOT/USDT 4HIntervalHello everyone, let's look at the 4H DOT to USDT chart, as you can see the price is moving in a sideways trend channel where it is holding at the upper part of the range.
Let's start by setting goals for the near future that we can include:
T1 = $7.51
T2 = $7.92
T3 = $8.40
AND
T4 = $9.08
Now let's move on to the stop loss in case of further market declines:
SL1 = $6.82
SL2 = $6.45
SL3 = $6.19
AND
SL4 = $5.85
The RSI indicator shows how we have bounced off the trend line, while the STOCH indicator remains at the upper limit, which may also indicate an attempt at price recovery.
NZDUSD: Bearish Continuation & Short Signal
NZDUSD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short NZDUSD
Entry - 0.5985
Sl - 0.6015
Tp - 0.5933
Our Risk - 1%
Start protection of your profits from lower levels
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EURUSD: Will Start Falling! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current EURUSD chart which, if analyzed properly, clearly points in the downward direction.
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AUDCAD: Short Trade Explained
AUDCAD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short AUDCAD
Entry Point - 0.8950
Stop Loss - 0.8972
Take Profit - 0.8909
Our Risk - 1%
Start protection of your profits from lower levels
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GOLD: Market of Buyers
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GOLD pair price action which suggests a high likelihood of a coming move up.
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EURCAD: Bearish Continuation & Short Trade
EURCAD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short EURCAD
Entry - 1.4699
Sl - 1.4728
Tp - 1.4647
Our Risk - 1%
Start protection of your profits from lower levels
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GBPCHF: Short Signal with Entry/SL/TP
GBPCHF
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell GBPCHF
Entry - 1.1447
Stop - 1.1491
Take - 1.1359
Our Risk - 1%
Start protection of your profits from lower levels
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GBPCAD: Short Signal Explained
GBPCAD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GBPCAD
Entry Point - 1.7165
Stop Loss - 1.7229
Take Profit - 1.7051
Our Risk - 1%
Start protection of your profits from lower levels
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GBPAUD: Expecting Bearish Continuation! Here is Why:
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too.
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EURUSD: Bearish Continuation & Short Signal
EURUSD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell EURUSD
Entry - 1.0694
Stop - 1.0717
Take - 1.0659
Our Risk - 1%
Start protection of your profits from lower levels
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EURGBP: Bulls Will Push Higher
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current EURGBP chart which, if analyzed properly, clearly points in the upward direction.
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