Long position on EA, with a risk to reward ratio of about 1:1 Bounce from support, and although this is an overall bearish structure since it is a descending triangle, we can still take advantage of this opportunity
I have a bullish sentiment on Gbp Aud, that resistance over there should hold for a while before sending it up. Let me know your thoughts.
In a few days EURUSD is goins sideways in a nice range between (approx.) 1.05622 and 1.06700. I expect a bounce from resistance around this time. This trade has a very good RRR - more than 1:9. TP and SL as on chart. Although I have entered the trade too soon, I still believe I can cash out a nice profit in short time. Fundamentals: watch out for NFP tomorrow,...
Sell Stop planned Entry: 144.4 SL: 145.1 TP: 143 2.0 ratio
This week when markets opened, the first candle closed bearish, just above the support zone. Today's candle, when it closes, will indicate bullish momentum as price bounced up from the support at around 118.41 My position is as follows above. Euro has been showing significant strength across all pairs.
GbpAud has already gone down a lot, but! That previous trendline down there coincide with the 50% Fib retracement so... I'm waiting for it to reach that point to hit with some buys, meanwhile I already sold it. Let me know what do you think.
Really nice channel with multiple bounces, looks like this one is going to bounce in the direction of the trend... waiting a little longer for confirmation from stochastic, looks good so far... thoughts?
Here's a nice little channel on the daily charts. If stochastic crosses back up, might look to go long, but really waiting for price to go back up and then fall back down in the direction of the trend... thoughts?
Stochastic confirms by crossing below 80, good RR for my plan, placing stop at previous swing low... thoughts?
Price is currently testing the top of a channel, stochastics confirms that the price might bounce and head lower... thoughts?
Nice channel formed, anticipating the bounce with confirmation of stochastic... thoughts?
If the gold S/R -D1 Holds, the price should break the trend line and a trend reversal could take place. A green candle that breaks the upper trend line is my first confirmation. Further divergence on RSI will validate the trade
Hey guys, currently watching this pair, waiting for a pullback on the recent breakout. DXY at 100.00 resistance would suggest a temporary pause for USD rally. I will consider entering long should the price reach 0.618 Fibonacci level, also meeting the major trend line and possibly the 20 EMA. Hope you enjoyed this, good luck and trade with care!
I think GBPUSD has good chance to go long. we have a confluence of a static support and a trend line the recent trend is uptrend. the same point is 61,8 of the last swing and 38% from the bottom two target. the first at the high of previous high, and the second at 1,27 fibo of the swing
BANC has come under alot of criticism for their operations being a little too good to be true and eerily resembling another financial operator with links to the firm that turned out to be fraud (identified by some short activists). BANC responded that it's false and tried to use a firm that is a customer of the bank to help clear the air. We will see in the next...
This big fork seems to catch the extremes and center of the Bonds. Centerline is reached and the potential that it will bounce from there is really high. If I would want to play this underlying, I would switch to TLT... P!
This is not a signal but just an idea of what could happen.