Forex Blog |  key level

September 8, 2019 | 11:32

CCI and MACD Divergence Confluence With Double Bottom Sunday  08/09/2019 The double bottom pattern is one of the reversal patterns in the forex market. It usually formed after an extended downtrend when two valleys formed at the same level. The sellers weren’t able to go below the last level and create a lower low. It’s […]

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September 5, 2019 | 11:30

A Technical Correction or  Momentum Shift? Thursday  05/09/2019 In the long term, the XAU/USD is bullish but now performed a double top. The price now is at a 6.5 years high, last time the price was in these zones was in April 2013. In the D1 time frame chart, we can see the nice rally […]

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September 4, 2019 | 13:28

Which One of The Triangle’s Border The Price Will Break First? Wednesday  04/09/2019 On the D1 time frame chart, we can the USOIL price creates a Descending triangle pattern. The Descending triangle pattern represents the forces of buyers who unable to push the price higher, And the sellers fighting to push price lower and creates […]

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September 3, 2019 | 12:38

Fresh Demand For Continuation Position. Tuesday 03/09/2019 A triangle pattern is a specific pattern formed on the price chart. Usually, this pattern identified when the bottoms and tops of the price are moving toward each other like the sides of a triangle. The triangle in the D1 chart of the BTC/USD is a Symmetrical Triangle […]

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August 28, 2019 | 10:57

Price Compressed Toward the Supply While MACD Show Divergence As we can see on the M30 time frame chart, from a price action perspective, the USD/CHF pairing climbed up in a way we call Compression. When a price climbs up in compression it means that the price absorbs and collects all the buy orders on […]

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August 25, 2019 | 12:02

A Bullish Outside Bar Candlestick Pattern in D1 Chart Sunday  25/08/2019 Outside bar forex strategy pattern is a price action candlestick pattern. It can be used for both reversal and continuation positions, bullish or bearish. The last day in the past week for EUR/USD has ended as a bullish outside bar candlestick pattern. The EUR/USD […]

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August 22, 2019 | 12:14

BTC/USD is Back Into the Bearish Zone After Breakout the Demand. Thursday  22/08/2019 A fresh supply which created on the 20/08 has succeeded to breakout the demand from 19/08. This situation turns back the BTC/USD price into the bearish momentum. In our previous post on BTC/USD, we marked this demand as a great level for […]

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August 21, 2019 | 11:56

Key Levels for USD/JPY Wednesday  21/08/2019 Fibonacci retracement is a very popular tool for measured trends and technical correction in the Forex market. A Fibonacci level alone is not good and reliable enough to get a decision and act. Therefore, I’ll always look for another confluence with the Fibonacci retracement level. If we look at […]

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August 20, 2019 | 10:16

Key Levels For Day and Swing Trade on BTC/USD Tuesday 20/08/2019 In the H1 time frame, we can see that BTC/USD is bullish. Although the price is in bullish momentum, we can see the supply above as a great level for a day trade sell position. This supply is relevant for the day traders among […]

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August 18, 2019 | 11:52

A Confluence of MACD Divergence and Fresh Demand. Sunday  18/08/2019 Although the interest rate cut, it seems that the Greenback is back to be bullish. Also, it seems that the Greenback gets strong against most of the other currencies. In D1 chart, we can see a bullish outside bar candlestick pattern which is a strong […]

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August 12, 2019 | 03:13

What Should we Wait For in Order to Sell EUR/GBP? Monday 12/08/2019 EUR/GBP just arrived at the highest price level in the last two years. The GBP is losing power against most of the currencies in the market, The main reason for that drops in the GBP is the Brexit issue. As we can see […]

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August 8, 2019 | 10:53

What is the Swing/Long Term Destination For USOIL Price? Thursday 08/08/2019 The MACD divergence and the fresh supply in the USOIL price creates a swing sell position opportunity. While the USOIL price become bearish, the question is what will OPEC do about that? The delicate situation between Iran and western countries still going on, Just […]

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August 6, 2019 | 11:21

What Makes This Bitcoin Demand Level a Critical One? Tuesday 06/08/2019 Bitcoin keeps rise up and creates fresh demand levels on its way up. The financial markets all over the world had a significant drop in the last few days. Some of the indices had the worst day in 2019 yesterday. The trade war between […]

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August 4, 2019 | 10:32

Is The Trade War Between USA and China Back on? Sunday  04/08/2019 The last week’s candlestick for the SPX500 index has ended as a bearish reversal engulfing candlestick pattern. The big red candle of the last week engulfed the previous four weekly candles and closed below these four candle’s low. It seems like it’s the […]

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August 2, 2019 | 08:42

Markets Confused After Fed’s Powell Cut Interest Rates. Friday  02/08/2019 Two days ago, the Federal Reserve cut the interest rates for USD by 25bp. It is the first time in over a decade that the Fed cut the interest rates. Usually, when interest rates cuts, the USD get lowered and the stock markets rise up. […]

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July 30, 2019 | 12:27

Which Level will the Price Hit First- Supply or Demand? Tuesday  30/07/2019 As we can see in the H4 time frame, the USD/JPY price is just between significant supply and demand (also pivot points). These supply and demand also confluence with the daily pivot points. They are price levels used by forex traders as significant […]

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July 28, 2019 | 10:55

The Dax Index Pull Back Despite the Hints of Easier Monetary From the ECB From the technical analysis perspective, we can see how the DAX index price creates a candlestick pattern called – Evening Star Doji. Evening Star Doji is a bearish reversal pattern, and it’s a three candles pattern. The first candle is an […]

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July 24, 2019 | 13:10

A Confluence of Bullish Outside Bar Candlestick Pattern and a Significant Support Zone Wednesday  24/07/2019 GBP/USD has formed a bullish outside bar candlestick pattern in the H4 time frame. We can see in the H4 chart how the last big green candle in the picture attached engulfed the previous four candles and closed at the […]

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July 22, 2019 | 09:12

Despite The “Ships War” in Strait of Hormuz, USOIL Keep Falling Down Monday 22/07/2019 In the W1 chart on USOIL, the last candlestick ended as a bearish engulfing candlestick which engulfed the three previous bullish candles. We can see how the big red candle on the picture closed below the low of the three previous […]

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July 20, 2019 | 15:56

A Confluence of MACD Divergence in W1 Chart and Fresh Demand in H1 Chart Sunday 21/07/2019 If we look at the W1 chart of GBP/USD, we can see the price just arrived into support zone. The source of this support is a demand level from April 2017. In December 2018 the price tested this demand […]

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July 18, 2019 | 12:32

Inspiration to Gain from one of our swing traders who trading at the evaluation stage Thursday  18/07/2019 James.S. from the USA is a support resistance swing trader who currently participating in one of our evaluation programs. It seems this trader mostly relay on support resistance zones while he is getting his decisions. It’s also clear […]

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July 17, 2019 | 11:51

Influence of Supply and Head and Shoulders Potential Wednesday 17/07/2019 The Head and Shoulders pattern consider as one of the most reliable reversal patterns in forex trading. This chart formation of Head and Shoulders have a baseline of three peaks, The middle one which is the Head is the highest one, And the other outside […]

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July 14, 2019 | 11:52

Sunday 14/07/2019 After S&P500 Reach New High Record, What are The Signals For Reversal Opportunity? last week ended with new high records for the S&P500. The main reason for the stock market to keep rising up is the high expectations for an interest-rate cut from the Federal Reserve. These expectations came after Federal Reserve Chairman […]

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July 13, 2019 | 09:05

Saturday 13/07/2019 A Confluence Between Head & Shoulders and CCI Divergence If we look at the long term charts (D1 or W1) we will see the EUR/AUD is in bullish momentum. The recent technical correction which starts about three weeks ago created a Head and Shoulders pattern. Head and Shoulders pattern that came after a […]

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