Market_Analysis

Market_Analysis

Will be looking to buy some $MCD around here.

Market_Analysis

Seems to be alot of buying power around this 104.5 level.

Market_Analysis

What are your thoughts?

Market_Analysis

Whats your thoughts?

Market_Analysis

2 entry points for a eur/gbp short using a martingale risk strategy to help grow an account quicker.

Market_Analysis

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Market_Analysis

Two targets, 15r and 8r.

Market_Analysis

This looks like an interesting one to watch over the next couple of months, as you can see price is getting tighter on this daily chart and its caused a triangle to form, the best thing to do is wait for a daily close outside of this triangle to enter a trade, regardless of which way it goes, theres a huge amount of pips to catch on this one!

Market_Analysis

Looking at the weekly chart on EUR/GBP we have formed what looks like a head and shoulders pattern, with the head forming at a monthly resistance level. A break and retracement of the neckline also confluences with a break and retracement to the trend line, our first target will simply be the gap fill left from the markets from the middle of 2016, as these have an...

Market_Analysis

Heres our second scenario for the dollar over the next few months, our first scenario showed possible strength with the dollar whereas this is showing weakness, if this trend-line breaks there will be confluence to start selling the dollar, we have a long-term head and shoulders pattern that looks like it could start to form, and we would also have a trend-line...

Market_Analysis

Heres scenario one of two, which could bring more dollar strength over the next few months, we have a strong trend line and recent resistance that didn't manage to hold, this could now be the area to start buying the dollar if it holds and makes a new support zone. Make sure you check out scenario two which shows a setup for dollar weakness

Market_Analysis

We've recently had two trend-line breakouts on NZD/USD, price action shows that this pair now looks to go lower especially on this 4H chart, we have lots of confluence around 0.72750. This look like an important area to watch and to enter a short position, two trend lines have recently broken and this is now where we will be looking for a retracement, for extra...