• Time Interval: 2h • Entry price: 138.948 (167 Pips) • Stop loss: 140.050 • Take profit: 137.274
Good tutes (Ra and Redmill) loaded recently - Has catalyst coming up this month and 2H, 2020 - My current avg is 4.77, planning on holding until the end of this year.
AUDUSD 2h time frame: Market execution: tp1: 66680 SL: 65900
A good daily close above the 126~ range seems good for looking at making higher highs throughout this range.
Hello Traders, I see a Possible short position from 117.650 to 116.950 if we see signs of exhaustion. If you agree with the idea please comment, like and follow me on TradingView. Be patient, Good luck.
USDSGD is ready to reverse. After breaking support, the price made a false break and is ready to bounce back again. A reversal is highly to continue, possible huge profit.
Confluence factors: -Major down trend -Fibo 38.1 and resistance zone retest -50 EMA Retest -Elliot Waves -Flag retracement pattern after impulse ONLY OPEN THE TRADE IF AN ENGULFING BEARISH BAR APPEARS IN THE CONFLUENCE ZONE
Confluence factors: -Flag pattern retracement -Possible 38.1 fibo retest -Possible support/resistance zone retest MUST READ: This is a highly risk possible trade considering that we are going against the trend. Even though, if you manage your risk wisely you can trade this potential trade with no problems.
Considering the divergence, the way the price is moving (more like correction than a strong impulse bullinsh move), the current downtrend (daily timeframe) and the channel/support resistance zone, this could be a potential short trade. ONLY TRADE IT IF YOU SEE AN ENGULFING BEARISH BAR then the price test the confluence level.
Trendline breakout, a good opportunity to go short. Good luck.
We lost support at the move that brought us to the most recent high. I predict we go down a bit from here.