Back at it again! Whats going on??... I found a few intraday setups within the 1HR & 30m Time-frame. I decided to focus in more on the 30 minute because it just looked better honestly... lol Price created a clean zone roughly in between $19,250 & $19,175. It's currently breaking under that zone, and I expect a retest & fall to occur. Two major areas of...
Hello Traders Here I have a CADJPY chart on the 30M time frame that I trade on settings at a 1:2 risk reward strategy. A sell signal has just presented. I have taken the trade with the SL set and I am working to the TP2 setting on screen. Traded this pair this way since February and have 132% gains on capital. Shown by the back tester at bottom of screen....
GBPUSD is holding at 50SMA and Fibonacci, with DXY struggling to gain strength this pair looks to reverse back to the main trend upside.
USDCHF - DOWNSIDE - 30 MIN CHART Fibonacci + 200SMA rejection + USD Bearish.
30 min tym frame brackout in laurus labs chart target and stoploss for posstional trade 1st target -1072 , 2nd target -1105 with stoploss of 1040
Market trending upwards on higher timeframes - Support level held again - Rejections of support level is hinting a further move upwards - A buy stop order was the tactic chosen due to it being somewhat reduced risk as it would only be triggered if momentum was to continue in the desired direction
a good window of opportunity opened up for a short. a possible target would be $6000. In case of a more abrupt fall the target could be $5600 viesky01
Very quick analysis based on very limited available data. 5 waves up are plotted based on the pitchfork and retracement proportions.
Very short-term target of current retracement.
Most irregular way of plotting a pitchfork, but it's the only version that goes with current price action... Coordinates: #1: 0.00051238, 204 #2: 0.00058605, 259 #3: 0.00051899, 232 I'll be damned if this works... in that case the pitchfork is more powerful then so thought.