Entry Market Order @ 0.89232 T/P @ 0.90880 Limit - 1 Day Personal analysis only. Please use your own rules & strategies prior to entering market.
It's formed a XABCD and another triangle to show the predicted movement of the market it's heading to. It's hit the resistance line twice already from previous moves and every time the candlestick hits a resistance line, it continues to crumble and gets pressured to lower the price. I am hoping it will continue to lower because it has already hit a resistance...
I expect that ripple will get bought up at these levels, OBV suggest Bullish Long Term sentiment.
This pair could come down for one more leg and then start to go up. This is a daily chart and this could take months to happen. So plan your trade size and risk accordingly.
There will be a probability where the price going to short again either in today closing or tomorrow as long as the price breakthrough 1.03750. If it stay above it, then there will be a chance the price going neutral trend or even a small chance it turn to long.
I belive Eurusd is going to head back into the 1.14586 area to retest a key support level. Currently price is in no mans land. Once price reaches the key resistance level drawn in, we will be looking to sell it off to our first take profit level of 1.09456. So for now this trade is going to require a lot of patience, as we will not be looking to do anything with...
Went short at 74.93 after PRZ was hit twice and formed a price rejection candle on the 4 hr chart, Weekly and Daily Charts are also bearish. SL above point X at 76.13 TP1: 74.010 TP2: 72.989 TP3: 72.026
After the price couldn't break through the upside of the last high anymore a double top was formed and the price fall down below the trendline. Now the price has retraced 76.40% and it seems that a lower high has formed. Normally I would watch for a good opportunity for a short trade here but because of the referendum tomorrow I will stay out of any trades for...
GBPAUD well, there is not much to say, in 15m just broke a nice resistance, it seems that will make a nice shoulder-head-shoulder, also seems like the 1h and 15m 5th elliot wave, and the end of a 4th wave on 4h. It coudn't suppas the fibbo resistance. And well, in the lv2 there are like the HELL of a lot of selling positions right above that is scaring the price...