I backtested @FXCM 's ideas 100 times with several strategies. This research contains: (1) If it is worthy to buy cheaper than @FXCM 's signal. (2) If it is worthy to hunt @FXCM 's stop loss. (3) If @FXCM 's signals take profit too quickly. (4) If the price approaches @FXCM 's target, will it go back to buy entry? There are 5 strategies in this test case. (1)...
Short setup depending on your appetite for risk you can either set alerts and wait for the break of the neckline with a back test and a candle close outside of the neckline before going then short. A stop placed at the previous swing high. Alternatively look for shorts at the resistance at the top of the right shoulder. Again depends on your appetite for...
i think we have head & shoulder and first tp is : 1.49 round number FX:EURCAD
Clear trend presenting itself with the US dollar vs Hong Kong Dollar With most of April crushing the USD it appears we are now turning the tables with a curved bottom and a clear uptrend painted thus far for this pair. I have outlined the green box for LONG entries which is sitting at the point of control with a fib pull from previous swing high to low...
GBP/USD Pair Fib fan pull + Fib Ext Pull Rejected at the .382 or breaks above and pulled back down. Trading inside a symmetrical triangle and expecting a breakout soon as we close in towards the apex . Im expecting a move down to the .618 as displayed in the chart in which case a long opportunity presents itself . Confluence with the 100EMA, .618...
The EURJPY has been in an uptrend since 13 Dec, 2019. As shown in the chart, the market seems to be in a very large rising wedge which is already getting squeezed. The price is almost at the monthly Trendline Resistance, I am very Bearish on this one and I am looking forward in closing the market with my outrageous stake :). Chill! Use your risk management...
Sell Signal ( 1 day timeframe ) Entry : 0.77278 Stop loss : 0.78886 Take profit : 0.73735
Sell Signal Entry : 1.38302 Stop loss : 1.38915 Take profit : 1.37452
EUR/USD long opportunity. Entry : 1.19030 , 1.19219 Take-Profit : 1.20322 Stop-Loss : 1.18541 Have Faith. BEST OF LUCK PEEPS..!!!
Hi Everyone 1DTF - Currently printing a Reversal pattern *Inverse Head and Shoulders * Right shoulder is currently in formation * enter trade once we complete the right shoulder with a candle close outside the resistance alternatively you can also wait for a back test of the neckline and then Long * SL will be below the last Swing low *Target...
here we can see the Price is ranging in a descending Channel and it is showing a bearish wave we can see a Hidden Divergence with the MACD as the price is making Lower Highs but MACD is making Higher High so it can be sign of trend Continuation with a higher volatility... in order to speculate the next target we have specified the supports on its way, by...
here we have 2 scenarios of Bullish and bearish, the price action shows a higher chances of bullish rally but at the same time we can see Bearish Divergence on MACD, so we can wait and see or use this chart as a template and apply your analysis and find your confluences with it and choose a side personally I am bearish on it but as I said there are risk on this...
EURCAD Potential Buy Opportunity
Summary of current technical analysis for the USD/JPY pair on the 4-hour chart: - 70 resistance on the RSI with bearish divergence - extremely low volume to the upside - major resistance level on the monthly fibonacci - perceived bullish exhaustion - swing-high fibonacci 0 holding - +1.91% from swing-low fibonacci 1 If you enjoy this analysis, give it a like and...
Hi everybody. Time to purchase GOLD. Why not? I mark all interesting market process and levels on the chart window. I realy cant see there some bears power now. Volume analysis thanks to "Earned Pro" - link below. Follow me.
Hi friends. Gold took bullish potential after purchases under 1800.0. Then exchange bought Friday evening closings and i think we can go to 1821.0, 1827.0 on this. Volume analisys - "Earned Pro" script. Levels thanks to X-Lines. Follow me. I am time to time update ideas.
Hi friends. Eurusd want to go down to market levels (i mark it green color on the chart window). We dont have good trading activity on previous downward so i think it's time to repot more productive short. Levels thanks to X-Lines. Volume analysis thanks to "Earned Pro" script.
GOLD - good entry after key level false break out.