In this article, we will share top-down trading technical analysis for the USDCAD. On the monthly USDCAD chart, we can see that the congestion price action between the 1.2270 level and the 1.3050 level. This is where we had monthly closes and opens in the last few months. This congestion
We have been mentoring a lot of traders for years trying to develop their true potential in trading, trying to develop their mindset for trading, and it is not an easy job. We were all beginners at some point in our trading careers, and we all have the hope to
Weekly Andrews Pitchfork chart $NZDJPY
Category: Blog
On this weekly chart, we are drawing Pitchfork channels on NZDJPY. On the monthly NZDJPY chart, we can see that the pair has broken below the uptrend Andrews Pitchfork channel 79.400 level. This is now a confirmed break with multiple monthly closes below this level. We have used the combination
Market watch $DAX 28/05/2018
Category: Blog
On this market watch, we are giving you a head up on a DAX. On the weekly DAX chart, we can see that the instrument is forming a possible H&S formation, as the potential right shoulder is being formed. Reversal today below the 13000 level at the beginning of the
Cryptocurrencies overview
Category: Blog
Let us see where are the opportunities and market positioning in the cryptocurrencies. Ethereum – the instrument is breaking below the bearish flag 600 level and is extending the downside to a first possible target of 414. Look for the short trade entries with the SL level above the 600.
