USOIL at Resistance., Watch out for bearish Price Action (Bearish evidence) and a potential move to the downside from this major zone. Happy Trading Price Action Tracker Skype: PriceActionTool stocktwits.com
As Mentioned 2 weeks ago we went long on a nice Price Action setup (pinbar) and were Aiming for a 0.728 Target and a nice Return on investment of 3.51. Hope you enjoyed this trade Price Action Tracker Skype: PriceActionTool stocktwits.com
USDCAD approaching our 1.288 target for a nice 3.13 ROI. the 1.281-1.288 Area is a strong Support Zone Happy Trading Price Action Tracker Skype: PriceActionTool stocktwits.com
For those who went for, it might be time to exit this trade as GBPUSD is approaching a resistance zone Happy Trading Price Action Tracker Skype: PriceActionTool stocktwits.com
EURUSD PinBar Price Action at resistance zone 1.113-1.118, Potential move to the downside from this zone. Target: 1.086 for a 2.8 ROI Happy Trading Price Action Tracker Skype: PriceActionTool stocktwits.com
We have a small corrective structure in between a support and resistance zone. If the structure holds and the buyers are able to maintain control we should see a rejection from the bottom of the structure. That would allow for a tight SL with primary target at 0.8500 and possible secondary target around 0.85750 if 0.8500 folds.
Best entry for this trade would be an entry on the bottom of the corrective structure with primary target around 1.3230. If that level folds to the bulls, 1.3350 would be next.
PT: 1.0860 Entry: 1.0620 SL: 1.0520
There are consecutive bull bars formed... which is a bull trend. This is the first significant bull leg in a while, and I'm thinking this leg will turn UJ into always-in Long. Yes, wide stop, but big reward for strong bulls. Good luck!
Look for long set ups in lower time frames, I am already long with the risk below the current Low area
PT: 20.95 Entry: 20.00 SL: 19.80
AUDUSD Significant Pinbar Price Action at resistance zone 0.763-0.767, Potential move to the downside from this zone. Target: 0.738 for a 3.11-1 ROI Happy Trading
I think 1x TP will be reached. It would be a measured move from bear breakout during asian session a little earlier. Seems probable we will get an equidistant move down (based on height of the breakout bars). 2x TP would be ideal... and we might get enough momentum once into US session. If you are a strong bear, this could be a great win. We will have to wait and...
As mentioned last week wewere waiting for a bullish evidence (significant price action) for a potential move to the upside the support zone. We entered the trade on a very nice significant pinbar (Aug 2nd), we are now at 2.8 ROI and approaching our 1st management point ( the 1.073-1.077 zone), if price break this zone it could go as high as the next resistance...
SL: 19.54 Entry: 19.74 PT1: 20.34 (3R/R) PT half, remaining move SL to BE. PT2: 20.84 (5R/R) Lot Size based on Half of Normal Risk Amount** (thus R/R and SL becomes Half as well)
As mentioned in my last trading idea on this pair a bearish breakout was more likely but resulted in a false break. Bulls took over and pushed price higher which is now followed by a small corrective structure. As mentioned earlier I still have my main target at 114.50. Since this is a trade on the lower time frame though, 113.90 will come in before that and...