Tuesday, August 20, 2019
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Home Authors Posts by Tareq H. Sikder

Tareq H. Sikder

109 POSTS 2 COMMENTS
Tareq H. Sikder has been engaged with Forex trading as well as Forex writing since 2010. He mainly is a Technical Analyst and a Price Action Trader. He is an author of E-book and a Live Webinar Speaker. Expertise: Candlestick, Channel Trading, Fibonacci Trading.

LTCUSD: Traders’ Patience Being Tested

LTCUSD made a bearish move on the daily chart. The daily price action shows that the price has been on a consolidation. The breakout...

EURNZD: Which Way Will the Price Make the Next Breakout?

EURNZD’s price has been caught within a descending triangle on the H4 chart. The price has respected both the upper and lower band on...

RippleUSD: Trend Continuation or More Correction?

RippleUSD had a bearish move on the daily chart. The price has been having an upward correction, and it is now right at the...

GBPNZD: Will the Resistance Level be Held?

GBPNZD has been ranging within an ascending equidistant channel. The price has been heading towards the North with an ABC pattern within the rising...

LTCUSD: Domination of the Sellers Going On

LTCUSD is about to make a downside breakout on the daily chart. Yesterday’s daily candle closed below the support level, but it had a...

ETHUSD: Is It Heading Towards the Lowest Low of 2019?

ETHUSD has made a breakout on the daily chart which the sellers have been waiting for. Yesterday’s lowest low has been breached by intraday...

EUROJPY: Will the Support Level Be Held Again or Breached?

EUROJPY has been bearish on the daily chart. The price has had a consolidation. The H4 chart gives a better picture. It shows that...

Bitcoin: Sellers Have Found a Strong Ground

Bitcoin made a crucial downward breakout yesterday. The daily candle was a strong bearish one which may attract the sellers a lot to go...

EUROUSD: Which Way EUROUSD Would Head To?

  EUROUSD has been within a horizontal range on the H4 chart. The price is near the support level. The current H4 candle seems to...

Ripple: Equations Favor the Buyers

RippleUSD has been choppy on the H4 and the daily chart. By looking at its price action on those two charts, a trader may...

GBPUSD: Will the Resistance Level be Held Again?

GBPUSD after being very bearish on the daily chart, the price seems to be having a bearish divergence on the H4 chart. The price...

Bitcoin: Is a Crucial Breakout About to Take Place?

Bitcoin produced an inside bar yesterday. The day before, yesterday’s candle came out as a strong bearish candle. Thus, any breakout at yesterday’s lowest...

AUDCAD: Will the Lower Band be Held as the Support Level?

  AUDCAD had a bearish move on the daily chart recently. The price seems to have found a level of support and it has been...

Bitcoin: Got Caught Within a Horizontal Range

Bitcoin after hitting 12000.00 area seems to have a consolidation on the daily chart. The level of resistance is getting stronger. However, the sellers...

EURONZD: Will the Flip over Support be Held or Breached?

  EURONZD had a strong bullish day yesterday. One of the H4 candles made a breakout at the level of 1.72245. The price has been...

BCHUSD: Trades to Wait to Find a Direction

BCHUSD has been choppy again on the daily chart. The daily price action shows that the possible neckline of the double bottom may have...

USDCHF: Will the Broken Level of Support Be the Resistance

USDCHF has been on a strong bearish trend on the daily chart. The day before yesterday’s daily candle made a strong breakout at the...

Bitcoin: The Buyers are in the Driving Seat

Bitcoin after making a breakout at the neckline of a double bottom on the daily chart, the price went up to the 12250.00 area...

GOLD: Heading Towards the North With an Upside Breakout?

  GOLD has been up-trending for some weeks. On the Weekly Chart, the price has been obeying a resistance of a trend line. This week’s...

ETHUSD: The Buyers Getting Ready to Dominate

ETHUSD produced a bullish day yesterday. However, the daily candle closed within the level of resistance which buyers have been waiting for a long...

USDCAD: Will the Support be Held or Breached?

USDCAD has been obeying an ascending Equidistant Channel on the H4 chart. The price after having a rejection from the level of resistance has...

Bitcoin: Are Buyers Getting Ready to Ride on the Bull Again?

Bitcoin has made a significant move towards the North. Today’s intraday charts show that Bitcoin has made a breakout at the level of resistance,...

GBPNZD: Will Equidistant Channel’s Resistance be Held Again?

GBPNZD has been obeying a descending Equidistant Channel. The price, after having a bounce at the support level, has been heading towards the resistance....

Bitcoin: Buyers Seems to Have Found a Strong Ground

Bitcoin had a strong bounce at a significant level of support on the daily chart lately. The price did have a bounce on the...

AUDCAD: Double Bottom’s Neckline Breakout or Continuation of Down Trend?

AUDCAD after being very bearish on the daily chart, the price seems to have started having a pullback. The H4 chart’s price action shows...

LTCUSD: Is an Upward Daily Breakout Possible?

LTCUSD has been having an upward correction on the daily chart. The price was down-trending by obeying a trend line. Yesterday’s daily candle closed...

EUROGBP: Will it Make a Breakout towards the North or South?

EUROGBP has made a strong bullish move. After making the highest high, the price seems to have started having a consolidation. The level of...

BCHUSD: The Buyers Waiting for an Upside Breakout

BCHUSD has been within a daily horizontal range. The price has had a bounce at the support level and headed towards the North.  Yesterday’s...

USDJPY: Make a Trend Line or Horizontal Resistance Line Breakout?

USDJPY has been up-trending by obeying a Trend line on the H4 chart. However, the level of 108.950 is a strong level of resistance...

Bitcoin: The Support Line Holds the Key

Bitcoin has been within a range on the daily chart. The price is right at a support level where a daily Doji candle was...

ETHUSD: An Intense Battle May Be on the Card

ETHUSD seems to have found a level of support which has the potential to produce a double bottom on the daily chart. Yesterday’s daily...

RippleUSD: Next Breakout towards the North or South?

RippleUSD has been within a range on the daily chart. The price has been heading towards the support level after having a rejection from...

BCHUSD: Is a Double Top Being Formed on the Daily Chart?

BCHUSD has produced four consecutive daily bearish candles. The price seems to have found a level of support where it had a bounce earlier....

Bitcoin: Traders to Get a Clue from Its Next Breakout

Bitcoin had another bearish day yesterday. The daily chart shows that Bitcoin produced three consecutive bearish daily candles. However, there is a strong support...

LTCUSD: Sellers May Have Found a Small Ground

LTCUSD produced two consecutive bearish daily candles. Thus, it seems bearish on the daily chart, but the level of support where the price had...

Bitcoin: Traders to Be Patient to Find a Direction

Bitcoin has been ranging on the daily chart. Yesterday’s daily candle came out as a bearish candle, but it did obey a level of...

Bitcoin: What an Interesting Battle This Is!

Bitcoin had a bullish day yesterday. The daily candle came out as a bullish engulfing candle producing at a level which was a level...

Bitcoin: Is the Game Over for the Buyers?

Bitcoin produced a spinning top on the daily chart yesterday. The day before yesterday’s candle was a strong bearish candle. Thus, yesterday’s candle may...

LTCUSD: Have the Sellers Taken the Full Control?

LTCUSD has been bearish on the daily chart. The price has kept going towards the South. Yesterday’s daily candle came out as a strong...

Bitcoin: Are the Buyers Being Sanguine Again?

Bitcoin has been within a daily range. The price had a bounce at the support level of the range yesterday. Moreover, the daily candle...

LTCUSD: Domination of the Sellers Going on

LTCUSD has been very bearish on the daily chart. After making a breakout at the up-trending trend line, the price has been heading towards...

Importance of a Daily Candle’s Highest High or Lowest Low in...

In today’s lesson, we are going to demonstrate a chart to find out how it offered an entry based on the last trading day’s...

Ethereum: Are Sellers Getting Ready to Take Complete Control?

ETHUSD made a breakout at an up-trending trend line yesterday on the daily chart. Today’s price action suggests that the price is having an...

RippleUSD: The Bear is in the Town Again

RippleUSD made a significant move on the daily chart. Yesterday’s daily candle made a breakout at the support level which held the daily price...

ETHUSD: Buyers Getting Ready for another Bullish Move

ETHUSD had a corrective day yesterday. Yesterday’s daily candle engulfed the day before yesterday’s daily candle. However, daily price action suggests that the price...

How Price Action Analysis Is Done for Taking an Entry

Trading is like being an investigator. A trader needs to investigate before investing money in it. A trader’s investigation means analyzing the chart accordingly....

BTCHUSD: The Buyers Sniffing an Opportunity

BTCHUSD made a significant move on the daily chart. It seems that the price has found a good level of support and made a...

LTCUSD: Traders to Wait to Get a Clue for the Next...

LTCUSD has been moving within a horizontal range. The price got stuck and it seems it does not know where to go. The pair...

Ethereum: The Buyers Still Hold the Edge

ETHUSD has been in a range in the daily chart. It seems that the price does not know where to go. Thus, daily traders...

The Buyers Have Come Out From a Very Discomforting Zone

Bitcoin has been heading towards the North again. After producing a daily hammer candle at a strong level of support, it produced a good-looking...