I'm new to drawing, but I see a 7% easy trade tonight.
Huge potential to hit the .0007 tonight as long as wave 3 is forming right now.
This idea is solely based on technicals. no fundamentals is considered on this analysis but I would recommend looking into fundamentals before taking a trade. As you can see we have a reverse divergence on the 15 mins chart. If you look at price on the chart it has made two peak lower lows but the indicator is showing different. With that being said you can see...
Dear Traders & Followers, There is a possibility to go short from the price of 1.2040 to the level of 1.1975. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Looking at possible entries for AUD/CAD. Possible bullish move to .382 retracement which is hanging around the psychological number 1.0 or a break through 1.0 and touch .618 retracement.
There is a possible market entry for scalping in EUR/USD. Since the price make a nearly perfect of cypher patter in combine with fib retracement. Go long for now and place a TP in the price of where the 0.786 fib retracement is + mayor resistance (black line) + the end of D line of chyper pattern. Good luck! ;)
In the 15 minute timeframe, price has gone down to the trendline below. Expect price to go down once price has broken this trendline.
Hey, check out my reasons for deciding to SHORT this Pair within the Chart. Thanks, Lakera
Shorting this pair to the recent lows. Might move my stop loss to the 1.272 extension of the XA leg.
Looking to go long if the price breaks and closes above 1) trendline 2) supply demand zone. RR 1:1.36 . Profit: 24 Pips SL: 17 Pips
Looks like we have a double bottom on the 15m chart. And a bullish engulfing candle on retest of the low (second part of double bottom on the 1 hour ). Looking to go long up to resistance line 2. Once we get to resistance line 1 I will roll my stop loss to break even. Take Profit: 42 Pips Stop Loss: 22 Pips
If price breaks out of consolidation, enter on a retracement long. Two positions: Position 1 RR 25 pips 1:1 . Position 2 RR 51 pips / 27 pips 1:1.87
Potential short term shorting opportunity on this pair. The D point of the Cypher has just been touched at the 0.786. RSI is showing divergence and the area also lies at point of higher time frame structure. Stops are going above X with targets placed at the 0.382 of the C to D move
Bearish gartley on USD/CAD 15 minutes 61.8 XA and AB retracement.
Hi all, I hope you are having fun with this wild pair. On the chart we have a bat pattern in the make with D approximately at 1.0666 where it will meet a proven trendline resistance. For me targets will be dictated by andrews pitchforks, each arrow shows the subsequent target. The last arrow going up shows a potential future long trade. The potential...