EURUSD moving towards the parallel channel resistance.
Whats going on everyone hope all is well! If you notice by the chart we will be seeing a bearish movement in the market. As of right now I would say the best thing to do would be trying to enter in the first few couplke hours of the market being open. Most times than not when the RSI line is above the 75-80 mark we will be experiencing a sell in the near future....
- Broken raising wedge paten - Break of daily structure
CAD/JPY - short opportunity if the above trend line hold the resistance.
Great buying opportunity for next week. After the head and shoulders formation we'll wait for a break of that supply zone and enter on the retest of the zone. No trade entry for Friday 10/9.
EURUSD Sell Stop at 1.17548 SL 1.17829 TP 1.16424 (Please consider the spread of broker for Entry price, TP & SL ) RR 4.0 // DISCLAIMER This explanation is only my personal opinion only. Trading financial markets involves risk, and is not suitable for all investors. I am not responsible for any losses incurred due to your trading or anything else. I do not...
Still great opportunity to gain the 3rd downtrend wave! The SL is above the B wave. everything on the chart by Elliot. + we have a perfect bearish flag . Lucks.
AUDUSD Sell Limit at 0.71276 SL 0.71751 TP 0.70326 (Please consider the spread of broker for Entry price, TP & SL ) RR 2.0 // DISCLAIMER This explanation is only my personal opinion only. Trading financial markets involves risk, and is not suitable for all investors. I am not responsible for any losses incurred due to your trading or anything else. I do not...
Hello Fellow Trader! USD/JPY at September open price for possible further expansion. A retest of 50 EMA provides a superior reward to risk ratio but could possibly test the daily trend line where we would need to see bullish signals for USD/JPY strength. Japanese current account data in four hours’ time high is deemed high impact on the economic calendar....
- Bounce from Monthly Support - Bounce from Daily Trendline - Bounce from Weekly Support - inverse H&S - breaking of 4H trendline - Wait for breaking of Daily Structure
🚨 Trade Alert: BUY USDCAD H1 Entry: 1.32760 SL: 1.32441 TP: 1.33740 Risk/Reward: 3.07 🔔 Once in 50 pips profit, please use a trailing stop for every 50 pips it moves. USE PROPER RISK Only 2%. Disclaimer: This Message Is Only For Educational Purposes. Trade At Your Own Risk If you liked my analysis, follow me and comment below on what your thoughts are!
Yo traders, Gold broke through the triangle pattern and slid down in a big move. Price has now corrected upto the resistance which is also between the 61.8% - 50% FiB level from the last swing. If you look at the 1HRTF you will also find divergence on the RSI. Looking for break of the trendline before going short on gold Lets wait and watch Thanks Madtradex
Hello Fellow Trader! GBP/AUD price holding 50 EMA on 1-hour time frame and shaping up for a nice reward to risk ratio trade. GBP/AUD currently retrace and holding the Fibonacci 61.8% level. Confirmation of bullish candle reversal for entry. Key Points: - 1 Hour – Above 50 EMA - 1 Hour – Above 200 EMA - 15 Minute – below 50 EMA - 15 Minute – below 200...
Yo traders, With all the mixed messages about Trumps Covid situation the markets are in for a frenzy this week. NAS looks like there is a possibility of forming a head and shoulders pattern. Price is presently at the 200 EMA and hence looks like to reject move up and then form the right shoulder to then move down. Keep and Eye on NAS manage your risk and you...
USDJPY Sell Limit at 105.609 SL 105.700 TP 105.444 (Please consider the spread of broker for Entry price, TP & SL ) RR 1.81 // DISCLAIMER This explanation is only my personal opinion only. Trading financial markets involves risk, and is not suitable for all investors. I am not responsible for any losses incurred due to your trading or anything else. I do not...
EURAUD Buy Limit at 1.64165 SL 1.63571 TP 1.65355 (Please consider the spread of broker for Entry price, TP & SL ) RR 2.0 // DISCLAIMER This explanation is only my personal opinion only. Trading financial markets involves risk, and is not suitable for all investors. I am not responsible for any losses incurred due to your trading or anything else. I do not...
- Price rejected at Monthly Support by Forming H&S in 4H Chart - Breaking H&S neckline & Retest - Raising wedge paten is being forming - Fib Retracement