WEEKLY ANALYSIS TRADE SETUP: EURCHF – (4th – 8th January, 2021)📈📊💰
Patiently wait and follow the price in the direction of the breakout.
This author has yet to write their bio.Meanwhile lets just say that we are proud George Itumo contributed a whooping 72 entries.
Patiently wait and follow the price in the direction of the breakout.
Zooming in to a lower timeframe will give you a better position to time the entry to the potential bull rally following price action confirmation.
As we are on the weekly timeframe zoom in to lower time frames to catch the potential move after price action confirmation.
However, we see that there’s a near term resistance level above the breakout level. Watch out for
further price action
Bears pushed the market lower, breaking out of the ascending channel while maintaining the trend on the descending channel.Follow price action inorder to optimally join the potential bear market.
XAUUSD A breakout on the upside of a descending triangle is a great bullish sign especially after an uptrend which has lasted for over 2 years. SUMMARY. Look to join the potential continuation of the bull market following your rules and guided by price action on a lower timeframe. Disclaimer: This analysis is for educational […]
Further price action confirmation to signal whether to join a bear market .
Following bearish price action confirmation on a lower timeframe you may expect a price waterfall
Watch out on the lower time frames to see whether we continue to see lower prices in the near future after the bearish engulfing.
Will the flag act as a continuation of the preceding uptrend or will it reverse it?
This site uses cookies. By continuing to browse the site, you are agreeing to our use of cookies.
OKWe may request cookies to be set on your device. We use cookies to let us know when you visit our websites, how you interact with us, to enrich your user experience, and to customize your relationship with our website.
Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.
These cookies are strictly necessary to provide you with services available through our website and to use some of its features.
Because these cookies are strictly necessary to deliver the website, refuseing them will have impact how our site functions. You always can block or delete cookies by changing your browser settings and force blocking all cookies on this website. But this will always prompt you to accept/refuse cookies when revisiting our site.
We fully respect if you want to refuse cookies but to avoid asking you again and again kindly allow us to store a cookie for that. You are free to opt out any time or opt in for other cookies to get a better experience. If you refuse cookies we will remove all set cookies in our domain.
We provide you with a list of stored cookies on your computer in our domain so you can check what we stored. Due to security reasons we are not able to show or modify cookies from other domains. You can check these in your browser security settings.
These cookies collect information that is used either in aggregate form to help us understand how our website is being used or how effective our marketing campaigns are, or to help us customize our website and application for you in order to enhance your experience.
If you do not want that we track your visit to our site you can disable tracking in your browser here:
We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page.
Google Webfont Settings:
Google Map Settings:
Google reCaptcha Settings:
Vimeo and Youtube video embeds:
The following cookies are also needed - You can choose if you want to allow them: