LONG ENTRY: 1. HH HL Structure on LTF 2. Multiple rejection of 1777.222 level the past week 3. Break of trend-line 4. Break and retest of sub-minor support as seen on yellow zone 5. 4h strong bullish candle, hinting shifts in market sentiment Confirmation Candle: Bullish Engulfing Stop Loss: 30m Moving Average crossover + below sub-minor support highlighted in yellow.
+1% / risked 1% LONG 1. Reversal variation Pattern on 15m 2. bullish EMA 3. 78.6 retracement with respect on 61.8 4. HH HL structure on the LTF 5. Weekly Level of 149.632 has strong rejection in the past. Expecting similar behavior on current price action 6. London open, anticipating volume to push price x2 positions closed because Weekly looks to be bearish. I...
Morning Godal Member's, Traders and Aspiring Traders . Todays shared post is a analysis on . Pair : NZD/USD Time-Frame - D Biased - Bearish A Daily major support trendline was broken creating a newly formed double top. This bearish run has now created an overextended leg so I will be now waiting for the pull back for further continuation to the down side. If my...
GBPUSD had fallen from 1.390 to 1.3620. When market opens, watch for buying opportunities towards Zone 3.
USDCAD fell from 1.2900. Watch 1.2800 for selling opportunities towards Zone 2 when market opens. Zone 3 now acting as a short-term support zone.
OANDA:XAUUSD What I am looking at today. Bias for both Buys and Sells. Since it is a Friday, will be taking a smaller lot with extra caution. Any thoughts?
Does this make any sense? Are angles important? Every advise will be appreciated!
One of my favourite ways to trade with profit upside a lot higher... ignore my labels on those levels I haven't updated. AUDUSD along with a few other USD cross pairs are pushing further to the downside off the back of this USD Strength... Remember to always risk manage and keep that risk reward high.. The markets are challenging and this way of making money isn't...
OANDA:XAUUSD 1. There was clean clean candles to the left 2. was waiting for a candle close above the resistance in 30m TF as its a strong confirmation 3. took a buy when the new 30m candle broke the high of the previous 30m candle. 4. but price moved down and closed 50% when the 5m candle closed bearish and full position as price continues retacing. 5....
Follow this chart. Fear, Hope and Greed - almost every time stocks and crypto follow this. use this to find buying and selling opportunities
In this analysis I really dumbed it down for people to understand the basic concept of support and resistance/supply and demand. In this market currencies move in my experience what I would like to call a magnetized way. Banks on higher time frames buy and sell in on positions and these are the looks you want to be looking for! Targeting the areas where price has...
Morning Godal Member's, Traders and Aspiring Traders . Todays shared post is on. Pair : CADJPY Time-Frame : Daily Biased : Bearish Just like AUDJPY ive been waiting for more confirmations before looking for a trade for my favoured biased direction of a bearish market and now my identified counter trendline has been broken I will be waiting on a pull back before...
XAUUSD last week fell from 1820 to 1720. Price turned upwards from 1720 and stayed in Zone 2. Watch Zone 2 for selling opportunities towards Zone 1
ETHUSD price correction took place at 3200. Watch for buying opportunities towards Zone 2
GBPUSD after market closed, price stayed below Zone 4. Watch 1.3860 for selling opportunities towards Zone 3
USDJPY fell from 110.80 towards 109.9. Watch 109.80 for selling opportunities towards Zone 2 when the market opens.
GBPUSD chart is setup with traditional renko and each box is 10 pips (0.001) in settings. Added the renko reversal alert to be notified when reversal happens. If you are not familiar with traditional renko each box won't close until the right pip amount is moved and the time frame closes with that pip amount. So for 15 min. If price moves 10 pips up and 15 min...
Took a loss today. Could have managed my risk better. Tomorrow is a new day.