The instrument gapped down last night after the two days bounce from the 11800 key level. This downside gap is opening the possibility of a short trade entry after the price action gap fill. The H1 chart is revealing the entry point, the stop loss level, and a target. The

The instrument is bouncing off the strong long-term support 200 SMA on the monthly chart. This bounce of the significant support is offering us the chance for a long entry on the lower timeframes.  The H4 chart is revealing the entry point, the stop loss level, and a target. The

Let us see where are the opportunities and market positioning in the cryptocurrencies. Ethereum – the instrument is breaking below the 200 SMA 414 level and this break is now valid for the downside continuation into the 317 level and the further extension to 140 level lower.   Bitcoin –

On this weekly chart, we are drawing Pitchfork channels on AUDJPY. On the weekly AUDJPY chart, we can see that the pair is in the downtrend Pitchfork channel and is rejected by the uptrend line 88 level. We are seeing the swing down into the middle line of the first

When you are a FOREX trader you should be aware of the stock market positioning as well. A lot of the assets on the FOREX markets, including the particular currency pairs are influenced by the stock market moves. When the stock market is falling the safe heaven currency pairs such