My first exotic pair added in to my open swing positions. What could be the outcome surely depends what the market will tell. Importantly, as I religiously follow my strategy, I have set up the SL in case the outcome is against mine. Stay tune folks…
BLACKBULL:USDMXN Time Frame H1 - Looking for price to head hunt for SSL (Sell Side Liquidity) before moving up - SSL zone also lines up with our buy zone 17.03826-16.95941 Outlook 👁️🗨️ - Equal highs at 17.4189 - If you wanted a safer exit i'd recommend 17.3000
breaking pivot but its counter trend the candle legout is beautiful cancel plan if EMA 200 (red line) exit the entry area. green line is final target. the final target is not that far because of counter trend plan disclaimer on
already guys, let's see what can do this pair with fibonacci strategy. currently waiting for pullback for entry. waiting for more confirmation
Here are my views on whether USDINR crossing 78 is a worrying sign or not. Curious to hear your views too!
We are at the top, looking to sell 1. Price movement touched supply 2. Followed by a retracement 3. we looking to short the pair
FX:USDZAR A retracement forming on the 4hr after an elliot wave formation during a downtrend. likely reversal into an uptrend after the full retracement completes.
Buy Op Daily/4Hr Price has been in a downtrend but it is looking like we may have a reversal/breakout happening. The 50MA has crossed over the 200MA on the 4hr and may be pulling back to the 200MA on the Daily. Will be looking for my buy entry on the higher low/50MA on the 4hr chart and 1hr for candle confirmations. Entry AREA 1.33360 SL 1.33008 (35Pips)...
Whats Up! Mr. Pipzz back here with another analysis These are my thoughts for GBPJPY this week. I can see the market pulling into either direction. So, I've identified a few key targets for both the bulls and the bears. Not going to over explain, I'm just getting straight to the point. This week started off extremely bearish following a pullback to a small,...
Price is forming a descending channel ; Price possibly is forming a descending channel within the descending channel towards support. Its possible price can breakout and go to 8.70250 if price breaks that resistance its possible price can head to 8.94500 and if price breaks that its possible price can head to 9.14500.
See how you can grab some money from this and check out the daily chart from yesterday. Good luck! YELLEN
With the possibility of creating a lower low (or at least an equal low) on the weekly time frame; I would wait for a daily close below daily support and look for entry on retest of level
From a monthly PoV, pair has retraced to around the 61.8% fib level, which lines up with previous market structure (i.e resistance). If this level will hold as support, then it could be the point where retracement end. Target is gotten from the weekly chart at the previous weekly support; further conflunce for target is that it lines up with the 38.2% fib level...
support at 50SMA, targets are on the chart. if you find my charts useful, please leave me "like" or "comment". Thx
Hi Traders, Have a look and see if it will make sense to your bias. Good luck, FIBZ
Hi Traders, Have a look at this idea and see how it can fit into your plan. Good luck! Fibz