Several fib levels and a long term key zone align in the 0.7230-ish area. Looking to short after a H4 confirmation candle. Thight stop-loss, high reward.
Potential bearish bat pattern in FX:AUDUSD . Filled at: 0.74756 Stop at : 0.75041 Target 1: 0.74354 Target 2: 0.74152
simple using fibonacci spreading line
I believe we are going to see Eurgbp make a move to the upside towards the 0.92523 level. As you can see we've already had a spike at that level previously in September, the market has pulled back significantly, which i believe is only a breather in preparation for another rally to the upside. Moreover if you look back, you'll see the 0.88285 level acts as a key...
Will Look to enter long once the market opens
Dear friends! There are a great number of different trading strategies based on different ideas. Some of them are simple, some of them are more complicated. What kind of trading strategies do you prefer? Please, share in comments. I would like to offer you a variant of trading strategy based on 3 indicators. It's simple. Will it be interesting for you to learn...
Hey Guys, DAX always offers some nice zones around numbers. See the marked zones. At the moment with all the fear about Brexit and more and more countrys leaving the EU its a mindgame for all people investing. Very fragile structure at the moment. Brexit gave a huge down gap which was bought immediately. Were making lower Highs... and lower Lows. Fib Extension...
A Bat pattern formation on 30 minutes chart! i'm already long from 1.12428 hope you wil appreciate it
Just Keep It Simple Everything is on the chart
Trade with the triangle pattern Trade with own risk ,good luck
Focus on the last two and three candle ,the first one made us consider price already get into bullish ,but another candle made a correction on it, and now GBPJPY has more space to go down
Line 1 met 3 resistants before and now after a series of up and down the trend meets the resistant again and i believe that the trend will go lower again as previous happened Ps: Personal opinion , not a trading suggestion , trade your own risk, good luck.
Reason2Enter: Mid Term - USDSGD on selling pressure Since February 16. Overall bias MT is still downwards. However price met strong buying pressure @ 1.3422 that cant seem to penetrate through just yet. Trade idea: Sell when price hit obvious Resistance level @ 1.3700 area, Intraday, 5min, 1hr, 4hr. Stop loss 50 - 100pips depends on your TF. Take profit around...
Since late January, USDCAD has seen a significant counter-trend move to the downside after a sizable bullish run. On it's way down, price briefly found support at the 1.3390 handle (the first blue box) before breaking through it shortly after. After breaking through to the downside, this level got retested twice (the next 2 blue boxes) and met significant selling...
EURUSD has formed a series of impulsive and corrective moves that shows us exactly how much power the bulls currently possess. To clarify, impulsive moves tend to be "strong and fast" while corrective moves tend to be "weak and slow". This directly correlations to the strength of each party's hand. The bulls are in control right now. The push from the bulls are...
Within a steady uptrend, price initially struggled to break above the 38.5 level. However, the immense bullish pressure resulted in a breakout to the upside and a brief intraday pullback shortly after. Price preceded to create a new high and has pulled back to that same role reversal level (now support). It has formed a notable reaction hinting at potential...