Long-term and Short-term Setups

Discussion in 'Technical Analysis' started by TriciaWilson, Jul 20, 2020.

  1. wrbtrader

    wrbtrader

    Why do you keep saying WE in your message post along with showing the user name on the charts as the vendor "traderpulse" ?

    Also, do you trade these signal calls via simulator or real money trades ?

    Will you be posting any follow-up charts with the results of the signal calls ?

    wrbtrader
     
    #21     Aug 18, 2020
  2. USD/CAD Technical Analysis

    ~~ The counter has been trading with a bearish bias for long.
    ~~ The down move can be plotted with a pitchfork and the pair is making its last leg of the move down.
    ~~ Hence, we advise traders to go long at the lower parallel.
    ~~ And the upswing has a great chance to break the upper end of the range.


    [​IMG]
     
    #22     Aug 18, 2020
  3. EUR/USD Technical Analysis

    ~~ The counter has made a bullish breakout from the consolidation.
    ~~ It is now taking support and broken resistance, which is a powerful sign.
    ~~ Further, the consolidation can be interpreted as wave 4 and it is gonna make a move to wave 5.
    ~~ Hence, we expect the pair to be bullish in the near-term

    [​IMG]
     
    #23     Aug 19, 2020
  4. GBP/NZD Technical Analysis

    ~~ The counter has formed a topping out formation in the near-term.
    ~~ It made a double top and has broken a key support level of 1.99508.
    ~~ Further, the round number of 2.00 can act as psychological barrier in the near-term.
    ~~ Though a pullback to the top cannot be ruled out, we still expect the pair to be bearish in the near-term.
     
    Last edited: Aug 19, 2020
    #24     Aug 19, 2020
  5. NZD/JPY Wave Analysis

    ~~ The counter is currently formed a flat ABC corrective wave.
    ~~ It broke out from a bear flag pattern, tested the broken support, and is now coming down with strong momentum.
    ~~ Hence, we expect the pair to be bearish in the near-term.
     
    #25     Aug 20, 2020
  6. EUR/JPY Technical Analysis

    ~~ The counter had multiple supports- trendline, bullish flag support and price action support.
    ~~ But it has broken all the levels and bulls are trapped big time.
    ~~ Hence, we expect some long unwinding move in the counter.
     
    #26     Aug 21, 2020
  7. NZD/USD Technical Analysis

    ~~ The counter is currently is descending channel pattern.
    ~~ It hit the lower parallel and bounced off with a ascending channel pattern.
    ~~ Hence, we expect the pair to trade with positive bias in the short-term.
     
    #27     Aug 24, 2020
  8. USD/CHF Technical Analysis

    ~~ The counter is currently in sideways consolidation.
    ~~ It made a false breakout at the lower end of the range and has crept in and now forming a symmetrical triangle pattern.
    ~~ We expect the triangle to render a bullish breakout and push the price to upper end of the range for now.
     
    #28     Aug 25, 2020
  9. EUR/GBP Technical Analysis

    ~~ The counter is currently consolidating in a wedge pattern.
    ~~ It hit the lower end of the range, formed an exhaustion candle and rose up sharply.
    ~~ Now, it is sliding to a demand zone where we expect buying activity to resume in the counter.
     
    #29     Aug 25, 2020
  10. EUR/CAD Technical Analysis
    • The counter is currently sliding down in a descending channel.
    • It hit the upper parallel and is coming down strongly.
    • Further, the RSI indicator has formed a head and shoulder pattern.
    • Hence, we expect the pair to be bearish in the near-term.
    analysis.png
     
    #30     Aug 26, 2020