Technical Analysis | Sharp Trader

GBP/USD- Technical Analysis

The GBP/USD broke its upward trend line on a 30 minute time frame. The pair has pierced the Bollinger band which means that the volatility for the pair is high. The piercing of the Bollinger band does have a significant importance when this takes place at an important level of support or resistance because this…

Technical AnalysisBy sharptrader

Bitcoin- Under Immense selling pressure, but the upward move could be on the cards

Bitcoin is under immense selling pressure on a daily time frame. The price has pierced the Bollinger band which means that the volatility is high. The piercing of the Bollinger band does have a significant importance when this takes place at an important level of support or resistance, because this could reverse or pause the…

Technical AnalysisBy sharptrader

EUR/USD- Bounced 117 pips from its support as PREDICTED, What Now?

The EUR/USD bounced from its support on a 30 minute time frame as predicted. The support zone was given in our analysis on the 11 of February. The volatility for the pair is extremely high at the moment because it has pierced the Bollinger band, therefore, we may see a pause or a little correction…

Technical AnalysisBy sharptrader

AUD/USD- Gained 3607 pips as we PREDICTED, What now?

The AUD/USD pair has bounced strongly back up from its support zone on a daily time frame as predicted. The support zone was given in our analysis on the 29th of November and the price has moved 3607 pips from its support, giving a whopping 13.31% gain with risk to reward ratio of nearly 1:4.…

Technical AnalysisBy sharptrader

EUR/USD- Correction could take place soon.

The EUR/USD is trading above its upward trend line on a 30 minute time frame. However, the slope of this trend line is very steep, which makes the odds higher, that we may get a break of this trend line. The uptrend is firmly strong, as the pair is trading above the 50day (shown in…

Technical AnalysisBy sharptrader

Apple – Moved $28 higher, as we predicted, What now?

Apple bounced back up near its support zone on a 4 hour time frame as predicted. The support zone was given in our analysis on the 28th of January. The move is nearly $28 approximately. The price still has not completed its gap and there still could be more room to go, before we…

Technical AnalysisBy sharptrader