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Tweezer Top Candlestick Formation Is Great Win SELL Now!on the daily , 4H and 1H time frame we can detect a very strong resistance that pushes the price incredibly to the downside. and right now the price is standing at it. if we took a closer look on the 4h timeframe we will see a very good bearish price action which is ( tweezer top ) candlestick formation which indicates an upcoming bearish movement if it came around a good resistance. so i believe we have a great sell setup on GBPCAD right now. u can enter with a nice stop loss around 50-70 pips. your target can be all the way to 1.84300. i will keep u guys posted on how this trade will go with. if u have thought on this setup share it with me now in the comments.
Short
by Forex_Wealth_Factory
4
GBP/AUD : Lets Make Crazy Money From This Sideway Movement!This is GBP/AUD chart on the daily timeframe. if u take a close look you will see that the price is moving perfectly in a sideway between absolutely 2 strong resistance and support no break for months so far. Trading the sideway if very fun for me because i know the price boundaries and the stronger these boundaries are the less risk you take in trading the sideway movement. in the GBP/AUD case i will enter a buy trade @ 2.04600 u can wait and enter directly or you can sell a limit order just like me to make sure that u enter the trade even if you are sleeping. regarding the target usually the space between the support and the resistance is your target but for me taking between 300 to 400 pips will be enough i can't wait longer that this :)
Long
by Forex_Wealth_Factory
Tips And Trick On How to Trade The Flag Pattern With Perfection!Hey Everyone, in this chart we have a very clear pattern FLAG on the 4H timeframe and on the 1h timeframe. this pattern consists of three sides: 1- the trend line side: if this side is broken then we will have to wait for a nice retest and then enter our trade which will be in the opposite direction of the trendline ( in our EURUSD it will be a sell trade). 2- the resistance area: it is a very strong area that pushes the price very hard to the downside, once this area is broken we can enter an easy buy trade directly or we can wait for a good confirmation and a nice retest for the area. 3- the target side : in most of the chart patterns these patterns gives you an indication of the amount of pips you are waiting for. the third side of the FLAG pattern is actually your target for the trade, try to take between 20 to 50 pips less than what is showed on this side. so as a conclusion of the EURUSD analysis we are waiting for a good break to the trendline or the resistance area and then we can determine what our next step and if we will enter a buy or sell trade
Education
by Forex_Wealth_Factory
GOLD Breakout Done , Long Setup Valid To With Great ProfitHere is My 15 Mins Gold Chart , and here is my opinion , we finally above 3321.00 and we have a 15 Mins Candle closure above this strong res , so I'm waiting the price to go back and retest this res and new support and give me a good bullish price action to can enter a buy trade , and if we have a 4H Closure Above This res this will increase the reasons for buyers , just wait the price to back a little to retest it and then we can buy it . if we have a daily closure below it this idea will not be valid anymore .
FOREXCOM:XAUUSDLong
by FX_Elite_Club
EUR/USD Will Continue Melting Be Sure To Be Part Of That!Here is my thought of EURUSD chart today. I think that this pair can go down further more specially after breaking this strong area of support and old resistance. as shown on the chart we can wait for the price to come back again and retest this area once and then this will be the best place to enter a sell trade. I am targeting around 250n pips in this trade. as I said I will wait for a retest and a good bearish price action and from there I will enter a sell trade.
Short
by FX_Elite_Club
CHZ 50x plus tradeTraders, Here we are again pointing out an amazing trade idea for you, the solicitors 👧🏿 and dealers 🙍🏿‍♂️who will likely end up transacting all of your winnings with! CHZ a great wagering project that will make you a killing this run. This one is cut and dry, we have a wedge pattern along with a possible flag that will likely play our by the end of this year! We hope you enjoy the free trades that we have been sharing from the VIP group and look forward to seeing you enjoy these gains year round if you come check us out! As always, stay profitable folks! Savvy!
Long
by Crypto_Kinfolk
1
Fil Crypto Signal, we just make trading easier!Traders, Here is the type of trade we like to give to our followers. Aside from the teaching of the allocation someone would take in this trade and understanding the risk management we teach or you learn about in trading this is how trades should be set up to best explain what to do, when to do it and how to do it so you can have the least risk and most gain as possible. We will be giving all of our signals our moving forward like this to help our followers to maximize on a trade and minimize losses on the few signals that we post. If you have any question about this signal or other feel free to shoot us a DM and we would be happy to break it down for you. You can also leave us a comment if it is related to this exact signal. P.S. If you would like a specific analysis on any coin shoot us a DM with the ticker as we are giving out free analysis on any crypto or traditional assets for the rest of this week! Its going to be a great year, keep your eyes on the chart, your head out of the clouds and do not let the news outlets alter your knowledge of the charts. It seems like they work for the market maker if you ask me..... Op's!!!! Stay Profitable, Savvy
COINBASE:FILUSDLong
by Crypto_Kinfolk
CHF/JPY Will Fly Very Soon Be Readyfor a while all the JPY pairs have been flying only no respect for any resistance or any strong levels. and since " THE TREND IS YOUR FRIEND" is my main rule and i never break it i think i should find a buy setups only in all JPY pairs. right now the price made small decent waves on the 4h timeframe. the price is so close to 71% fib level in my fib tool so it will be great chance to set a buy limit trade on this pair right now. here is my trade details. Buy Limit order on CHF/JPY @ 178.950 SL: 178.450 TP: 180.950
Long
by Forex_Wealth_Factory