Hello friends, GBPCAD seems completing its triangle formation.
Idea is heading northward new trend breakout with volume is seen in chart
This style is Hedge trading, creating a full sized risk free position in both directions. Closing 50% of each position at 2R creates a risk free position, should price move to the stop loss, profit for each position would be 0.75R Closing 50% of each remaining position at 4R Secures 2R profit on all positions, should price move to the stop loss, profit for each...
Market currently in a downtrend on the hourly from the weekend close came to retest the 38.20 % broke through to retest and bounced from the 23.6 fib level which happens to be the crown of the Head and Shoulder potential move 4 HR and daily say head and shoulder pattern for confluence . Market is available with bullish momentum in previous daily candles for...
Price is on a channel. if: breakout candle then BUY if: reversal candle then SELL
Check the apex time of this bullish descending wedge and combine it with this: finance.yahoo.com Maybe i say maybe something is baking here!!!
If bitcoin moves market down (breaking on 6170 support), then Ripple might go with it, even if those two are not in very same correlation. Total market will go down. In Ripple's case price failed 3rd break out from H4 resistance level. which is so embaracing and lazy movement on buyers side. Ripple is might be waiting for bitcoin move or it could be anything, but...
Ready for another pump BTC!!! Go go Shows goo on!!!
We're getting very close to breaking out of the trend line going back twenty years to the 99` bubble. There have been multiple attempts over the last 2-3 years. Trump/ Fed keep lowering rates and want to continue the "expansion". I assume they will be successful and we'll have accelerated growth until 2020 Presidential elections. I expect 3600-4000 SPX before a...
GBPUSD, as we see, is in 1 and 4-hour consolidation currently we are at the bottom of the range I nice pin bar or a bullish engulfing candle at the bottom we can enter to trade it up to the ceiling of the range. if price break and close below the range line the trade is invalid for me. Hope you guys can a nice move there.
Based on previous Position. Scaling in
Straight forward trade. Take it all the way to recent highs
small scalp, Buyers push not very convincing. hoping to scalp the weak buy from USD
1.Buyers are back 2.Sellers losing momentum 3. Waiting for buyers to win the range game in the 15 min and sellers to give up 4 Entry and take it to the recent highs of the 4 Hour Status: standby