Price is showing bearish momentum with bearish divergence is evident. We may see price break lower. Stop loss - Red line Take profit - Green line 1% Risk Take profit level will be adjusted to how price reacts and moves. I will be doing a 1 month free mentorship program, message me if you'd like to be part of the program.
Gold has shown some incredible bullish momentum. On the most recent bullish move on the 4hr we can see 1-5 impulsive bullish wave cycle till the point of resistance where price is retracing bearish. Price has the potential to reach the price level i have marked with the grey horizontal line before price moves up bullish. I will update the analysis according to...
We saw this pair break bearish yesterday and break the trend line i have plotted. You can see price broke below that and retraced at support. Price is currently at 50% of that bearish breakout. We MAY see price break lower as divergence is also evident. Having said that, we may see price retest that trend line before a potential bearish move. If price re tests the...
NZDJPY has shown great bearish momentum and currently retraced into a continuation pattern. We may see price continue to our take profit level. Stop loss - Red price level Take profit - Green price level Remember you must manage risk, only risk 1% or 2% depending on your risk tolerance. There is no such thing as a guaranteed win in trading. What you have is...
We have seen this pair show some great bearish momentum. We can see price reached some support and moved bullish creating what we refer to in classical technical terms as an inverse head and shoulders pattern. Price pulled back 50% where i have plotted the grey line and from here we may see a continuation of the bullish move. Grey line - entry Red line - stop...
CADCHF showing some bearish potential. Entry - Grey line Take profit - Green line Stop loss - Red line Risk exposure - 1% Hit that follow button if you don't already :)
From a daily view, this pair appears bullish. We can see price respect support and move bullish on the 4hr , at the moment price is what i would see as a pullback and there is potential for price to go long again at the marked grey line. entry - grey line stop loss - red line take profit - green line risk exposure - 1% risk to reward 1:2 I will be doing a...
Heyy all hope you're having a great week so far! I know the world of trading can seem daunting, but it doesn't have to be. I myself went through the motions and the learning curve and honestly, as a trader you will always remain a student of the market no matter how good and consistent you become. I will be doing a free 1 month mentorship program this is to...
We can see price gapped bearish to a price level of support and we are currently filling the gap. There is potential for price to retrace to our entry marked with the grey line as a means of gaining momentum before price continues bearish . Grey line - entry Red line - stop loss Green line - take profit Risk exposure - 1% Follow me for more analysis and...
I previously marked up a bullish opportunity and i have attached the analysis below. Since then, price traded higher and has retraced into what i would see as a flat correction. From this point on, price has the potential to move bearish toward our take profit at 0.70752 The stop loss has been placed at 0.69010 creating an opportunity with a 1:2 risk to reward...
I previously did a daily mark up on this pair and in my opinion, this pair is bullish. I have attached the daily mark up on below. We may see price retrace to the price level i have marked with the grey horizontal line and then move toward our take profit (green line). We also have bullish divergence forming. I would recommend only risking 1% on this trade....
We have AUDJPY Showing bullish potential. Price has moved up bullish and met some point of resistance where we may see price retrace to the price level i have marked with the grey horizontal line. From this point, we may see price move up bullish to the price level i have marked with the green line which would be our take profit. Risk on this trade - 1% Risk to...
Bitcoin is showing some bearish momentum with potential to move down to $7128. If price does move to this price point, we may see price even trade lower after a retracement. SL - 8118.16 TP 1- 7128.57 Hit that follow button and follow our free Telegram channel for more educational posts and signals ! Telegram - @thebricklayers Instagram - @thebricklayer__
A few days ago, i did a mark up on EURUSD which i have attached below. As you you can see price moved and achieved my Take profit 1 and there is potential for price to make new highs and hit our take profit 2. In this post, i am going to break down this mark up on an educational basis as i believe it may benefit a lot of people. To begin with, it it very...
We have seen price show continuous bearish momentum on this pair. Price reached a critical point of support before it started it's bullish ascend. i will be looking for price to pullback around the price level where it currently is and retrace at least potentially 50% of the bullish move before price continues to move bullish . I will looking out for bullish...
Price is currently consolidating sideways creating a continuation pattern after that bearish and we may see price continue bearish to our take profit. red line - SL Green line - TP Happy trading :)
We have seen price rally bullish and we may see price continue after price finishes what i see as a retracement. I have marked the grey line at 50% fib retracement and we see price is also creating bullish divergence. Grey line - Entry Red line - SL Green line - TP Risk exposure - 1% Risk to reward - 1:2
STOP LOSS - 108.333 TAKE PROFIT - 108.864 Risk on the trade - 1% We have seen some bullish momentum on this trade where price had a brief pause and consolidated sideways creating a continuation pattern. Price has broken above and we may see price move to our take profit.