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GBPUSD > A Breakout to The Upside Might Come Soon!!Analysis of #GBPUSD The GBPUSD is in the beautiful classic consolidation pattern preparing for a breakout, usually, this pattern breaks to the upside. Right now the market is near trendline resistance, around a key market level near 1.1400 sharp, also the previous structure high. we can wait to see if the market will actually break and close above this trendline resistance and provide confirmation to get in a trend continuation entry. Thanks for your continued support!
Long
by TheTradersAvenue
8
Nifty 50 Wave C Prediction (Expanded Flats)Based on my previous Nifty 50 charts this time I tried to explain more with texts and markers on chart. I hope it would help you to understand. This is just my prediction, It could be wrong anytime. After wave A to B retracement which was almost 0.382 from the previous wave (Must mention that SGX Nifty was 17014 that day, exactly where I pointed out) now the wave C could be 1 to 1.414 (Between 17748 to 18031). But I would say wave C must be not more than 17900, The yellow box is the sideways box. Dashed lines are all trend lines. Hope you traders will like it. Thanks for viewing ":-)
NSE:NIFTYLong
by LittleMouseIn
US500 > Could We Rally Here up From Here?Analysis of #US500 The SPX tried many times before to bottom and failed every time, now the market is trying trying to bottom again and start a rally up from here, it all depends on the companies earning now, and what we hear from big companies, I think one can take the risk and buy a small amount and wait for the market to improve slightly Keep in mind, watch the fundamentals, and 10 YR yield TNX Thanks for your continued support!
ULong
by TheTradersAvenue
19
USDCAD > What to Expect Next!?Analysis of #USDCAD The USDCAD might have reached its top, and now in the process of shifting trends, we could have a very valid sell setup as you can see the USDCAD broke out of the wedge pattern and now trading below its trendline support, which now become a trendline resistance. the market retested the trendline and now moving lower, if the daily candle closed below 1.3700 today, we have a confirmation, and this is a valid breakout if the market retreated and closes above 1.37500, this is a fake break, and better wait for better confirmation Thanks for your continued support!
Short
by TheTradersAvenue
19
EURUSD > Possible Scenarios and Predictions!Analysis of #EURUSD The EURUSD is in between trendline resistance and trendline support, now the market is near its trendline resistance of 0.9860, and as you can see no interest in selling even at resistance. i think the market could break to the upside from here to restest a parity level of 1.000, but we need a catalyst, and if the market broke the resistance level we could look for a breakout pattern to get into a trend continuation entry Thanks for your continued support!
by TheTradersAvenue
8
EURAUD > A Beautiful Bullish Setup You Don't Want to Miss!!Analysis of #EURAUD The EURAUD is moving strongly to the upside, and you know the saying " the trend is your friend" we better look at buying only in this market. as can see from my chart we have a clear break and close of a strong previous resistance level which as you know will become a strong support level. if the market comes and tests the 1.5300-1.5350 zone, I will wait for the market to provide a reversal pattern on the lower time frame to get in buy trade to target the next level of resistance. Thanks for your continued support!
Long
by TheTradersAvenue
12