Hey tradomaniacs, welcome to another free trade-plan. Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation. Market-Buy-Order: 1,21570 Stop-Loss: 1,20930 Target 1: 1,22110 Target 2: 1,22600 Target 3: 1,23340 Stop-Loss: 64 pips Risk:1% Risk-Reward: 2,7 LEAVE A LIKE AND A COMMENT - I appreciate every...
8000 barrier on Nasdaq BULLISH SCENARIO If the price manages to break completely the Key level @8000 & trade above it, bullish scenario will be confirmed. To enter a buy trade we’ll then need confirmation on multiple time frames M5, M15, or H1 (i.e Breakout and Retest of the KeyLevel. BEARISH SCENARIO If price fails completely to break Key Level @8000 (meaning...
We are near a daily key level for a stronger trade setup. JPY gained strength against the US, but not against this pair last week. A pullback, or, looking at the higher timeframes, a continuation for the short is due. Trading this pair once it makes a move from the daily key level zone around 135.674 BULL TPs: • 135.240 • 137.169 • 139.853 BEAR TPs: •...
This is a beauty. We got a key level setup on a monthly zone. Since the RSI is pretty overbought right now, I wanna see price spring up off it and keep shooting up. But let's see for right now if JPY can keep it's momentum going. I'm trading straight to the weekly zones. So here are your TPs: BULL: • 108.300 • 108.940 • 109.669 • 110.363 • 110.818 •...
Following up with my previous set-up on the Euro Dollar price hasn’t been giving a clear trend quite yet all this week. We have Non farm pay rolls launching tomorrow. On the higher time frames we can see aren’t bullish quite yet. The market still is bearish I have my eyes peeled on the 1.08 key support level to be met by next week. Monthly timeframe gives me a...
We have new trendline bounce which means we can continue back up to the monthly SR level at 0.91362 to see if we can pass it. The other possibility is this is just a pullback move for the short and we will continue further south to the 0.89873 zone after a break and retest of the trendline. BULL TPS: • 0.90697 • 0.90955 • 0.91256 New Tps will be posted...
Hey tradomaniacs, NZD/CAD has been broken through the trendchannel (a) and has hit a strong key-resistance showing a decreasing volume the closer we got to it. This is a high evidence of a bullish weakness and shows it is time to for bulls to save profits. I expect the market to head towards the previous channel to retest it before the rally continues. The...
Won't be doing swing analysis for the rest of December since this is the most volatile month of the year. We are in an ascending wedge with Gold and it's on the verge of completing. So we're trading for the breakout. The entire move still looks bullish overall to me. This huge move just looks like a big retracement. So the target this round is two key...
We've been in a bullish channel for a good hot minute. From the 4hour chart, it looks like we'll remain in the channel. But there are signs that this move is starting to get a little shaky on the daily and weekly chart. So gonna keep an eye on this pair to see when the big drop is gonna happen. Otherwise, my swing trade outlook goes to the monthly SR level at...
With the overall downtrend broken, we're waiting for the full breakthrough or rejection of the monthly SR level to reveal price's direction. Thnk this bull rally is far from over. This week will most certainly let us know. BULL TPS: 82.783 83.230 83.598 83.992 BEAR TPS: 82.239 81.895 81.523 80.876
GBP has been a fun ride since September with its bull run. And after this retracement takes place, it's not stopping. Let's see how far the pullback will be respected before we continue to shoot for the stars. BEAR TPS: 1.68932 1.66584 1.64280 BULL TPS: 1.68932 1.71170 1.75415
We had so seriously huge moves on GJ last week. But right now, we've got to do an adjustment before continuing this bull run. And when I say adjustment, that means pullback. I already got a position trade TP in place for when this run will be over. Pullback TPs for the short are below. Let's see when we're going to keep that bull run going -- now or later. ...
The bearish harmonic was activated by ANOTHER rejection of the monthly SR level. This can continue to be respected after the pullback completes itself. But notice how much this monthly SR level has been rejected. We may make it up there again. But if we do and it rejects, we are not coming back. Right now, let's see how long this harmonic will be respected. ...
Currently respected the bullish harmonic formed Friday thanks to President Trump. GO TWITTER!! In consolidation preparing for the next move. If it can break the weekly 26130, and break resistance at 26438, looking to revisit 26724 or 27061 for the bull TPs. If goes bearish after consolidation, will head down to 25080 monthly SR. Long term tp 24295. On the...