Hi traders! A nice opportunity seems to apear on the AUD chart, meanwhile the price action made a huge correction to the first downtrend line and allready on h4 it made a Bearish Engulfing candddlestick pattern. We may expect a huge falling of aud even if it fights a lot with the virus. If you want to be conservative you can wait until 0.63464 is breaked, then...
Hi friends I looked at the big timeframe forming a huge downward pennant. After which a really big movement can occur. In order not to miss it, Buying off in parts 0.201 (25%) 0.185 (35%) 0.16 (40%) Stop loss 0.112 Goals per order (10-15-20-25-30%) 0.3 0.45 0.6 0.7 0.85 Risk reward 1: 8 The deal is long-term but the profit is very steep This is just my...
We have a strong uptrend, and an upward channel. I highlight the first line of the rising channel. Where does Fibo level 0.618 - 0.5 go Buy in the zone 1.1156 1.1052 Goals 1.14 1.15 Stop loss 1.095 Profit risk 2.35
Price may retest HaS on 4H tf and then will go down and first stop will be support of left shoulder and maybe it will continue down to touch trendline.
Hello, World! This is my very first post, it is 10:00 am and I just woke up forgive my grammar errors. We are seeing Eos holding support(Blue line) with more than three contacts thus making it valid support line, also the 50 ma line crossing the 100 wma line in the daily chart, this is not a Golden Cross but we have seen previously than a opposite cross usually...
The chart speaks for itself. USDCHF had made a nice strong move upwards starting on 11/18/2019. Since then it has held the move and is poised to go higher.
The pair has been chopping around in a channel for a few weeks. The current short opportunity is the best that we'll have for this pair - very high reward to risk ratio. We will not know for sure there it will go but having a high R/R will ensure profitability in the long run. ** Remember, we do not predict future price. We simply react to current price movements...
Please refer to text on chart. ** Remember, we do not try to predict future price. We simply react to current price movements based on our interpretations of past data.
Nice short trade with a triple touch on the downward trend line. ** Remember, we do not predict future price. We simply react to current price movements based on our interpretations of past data.
Please refer to text on chart. I like this trade here as it is a low risk, high reward entry. Obviously the higher in the purple area you can enter, the greater your reward. You must take into account your position size, risk tolerance, and how patient you are. ** Remember, we do not predict future price. We simply react to current price movements based on our...
Please refer to text on chart. Tremendous risk/reward play here if the trade works out well. Price has been consolidating for about a month now, building up very strong momentum. There will be a strong, fast, and decisive move should price break above the resistance areas. ** Remember, we do not attempt to predict future price. We simply react to current price...
Please refer to text on chart. Will be looking to ride the wave downwards when it happens. I also love the set up as it as great RR. ** Remember, we do not try to predict future price. We simply react to current price movements based on our interpretations of past data.
Please refer to text on chart. Nice long entry with a defined risk point. Should price move in our favor then a 1:5 Risk:Reward ratio is possible. ** Remember, we do not attempt to predict future price movements. We react to current price based on our interpretations of past data.
#ONT is finally breaking consolidation resistance and is ready to go up, the TPs are all on the graph. And don't forget that you also can open this trade on the margin account to gain more profit)) Cheers!
EP => 2.82 S = 2.68 CL = 2.66 TP = 3.17 Buy on reversal signal. 1. Uptrend 2. Above EMA50