I know very little, maybe I know a little. I'm posting this one for putting myself out there and two because I want to get better at the technicals of trading in this sentiment driven market. Please be as ruthless as you want, cheers and happy trading! -crowd
there is an song from Monthy Phyton about Spamm, it can be used on this ltc-eur chart, but just change the word spam for word flags.. Dunno if bots, or all people use this chart as prediction :) Anyways, short term - buy "low" sell a bit higher.
Possible flag pattern on EUR/USD 4 hour chart. Growing volumes should confirm the long scenario. Entry point just above the breakout of the descending trendline. First resistance level at 1.187 area; in case of brakeout towards 1.2
Here on USDCAD price is currently rising. I am expecting a break up to continue the trend. Once price has reached the top of our bigger pattern I will look to take shorts.
End Credits.. Auto Strategy for the Months Ahead P/L +850$ Sell Hedging 4770 TP 4452 SL 4787 Buy1 4000 TP 5000 SL 4230 Buy Limit 4050 TP 5500 SL 3800 Buy Limit 4140 TP 5500 SL 3800 Sell Limit 5000 TP 4452 SL 5100 Sell Limit 5500 TP 4650 SL 5780 Good results.. Lack of Support Safe Trade and always stick with your plan.. Over and Out
Flags all over the place again.. so just follow the flags. Thank you for your support. Enjoy and Best of luck to you all..
Hey traders, I like a long here above resistance. There is likely a density in demand here for both a short squeeze play and a long entry. Breakeven at 1:1. Cheers
Hey traders, here's one to keep your eye on throughout the London and New York sessions. Buy stops set above recent highs targetting 1.272 extension... Nice R/R. Cheers
Wave 1 suggests investment may stall around 2600-2742.5 for end of wave 5, however if not worn out already may breakout even further. i thought it would be interesting to see if markets correlate or react differently with a switch of party (R-D, D-R) Prior to the 07-08 mortgage crisis is highlighted with the light colored rectangle. Nothing conclusive yet,...
1 flag/phaseline has formed already possible 2nd flag/phaseline is forming for confirmation price is currently indecisive further bullish moves expected if 2nd pattern forms
Keep watch on this pair because there are two different possibilities that can happen.
Here on EURNZD we have a trade setup forming inside our corrective structure. This setup is only valid if price does not break out of the bigger corrective structure. Good luck to you all
Look to go short when price reaches the upper trendline.