REASONS- 1) Daily & weekly trend down as per 200 ema and ichimoku. 2) Upper trendline likely to act as resistance and many traders will book profits there and many will open short positions there. 3) Many newbies are likely to enter after seeing a upside breakout hence fueling the sell orders when they get stopped out. 4) We could have entered on the horizontal...
This pair broke beautifully out of this setup Next candle retested and succeeded, giving safer entry point Broke to upside hit resistance, like most FX trades do, they swing back and take stops that have been moved to trailing stops Then they accelerate upwards again! Looking for more clean setups right now... If you are in this trade, my take profits would be...
Everyone can see my yesterday analysis gbpusd. And today new updates.... looking for short Analysis...... OANDA:GBPUSD
eurusd long or buy stop : 1.21492 take profit : 1.22076 if you using trailing stop use this 120
gold h4 possible entry please follow me and support me for more analysis
As I told before, the number of US index is falling very strong and in some weeks later I believe that it will touch the support zone, which created by the last HL in 2018 and changing zone in 2010. Because of Corona virus and economical issue I believe that if price can not break the support, it will do a time retracement. Follow and like us if you liked our posts
EURUSD for weeks ranging between 1.1600-1.18965 with very strong strength of bullish trend. Next week, the up movement will likely continue with target 1.24155-1.25410. . . . . . I also give market commentary weekly. The newest update market commentary for period 21-24 Dec 2020 can be read below www.elitemeetvalue.com
After retracement Look for buy
GBPUSD its for short or sell and as i said everyday when you are 50% of gain take 50% of the deal and let the rest to run have nice day cheer
NZDUSD bullish continuation. Price action on NZDUSD has been wonderful lately, price has been creating a bullish trend from a support level at 0.70620 but gave a low price move at 0.70592. From the support, price action created a bullish engulfing pattern from 0.70617 after the retest. Bullish swing highs created after failing to break it's previous higher lows...
EURUSD SHORT STOP LOSS : 1.21901 TAKE PROFIT : 1.21243 AND AS I SAID ALWAYS WHEN YOU ARE 50% OF PROFIT TAKE HALF AND USE TRAILING STOP OF 34 PIPS ITS 340 IT MT4