Hello my friends!
Tokenlon is a decentralized trading based on smart contracts. There could be a potential for a bounce. Tradable at Okex, Kucoin and Poloniex.
Let's see what happens.
Happy trading. :-)
🏛EUR_CHF is trading along the rising support
And I think there is a good chance we see a pullback
To retest the nearest resistance level
This trade has good risk reward as well
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After a dramatic pullback by the bears in the market, I now see support found on the higher timeframes giving me the presence for a BUY goin into NFP.. I do not see technical presence indicating a bullish DXY..
ENTRY - 1.19600
STOP LOSS - 1.19400
TARGET 1 - 1.20200
TARGET 2 - 1.19900
A per my previous post, the wave was predicted correctly but shifted upward about 3k$. However this shift will have its effects in current wave as a wick from bellow 40 to ~35K. All other things will go as planned to reach final destination (80K) of probably first major bullish wave.
Short position on this pair.
-Price has been sold off on the weekly and daily time frames.
-Price action has pulled back to test previous support which now could potentially turn into resistance.
- Daily resistance lines up with 0.5 Fibonacci retracement.
- Downside target of 75.000 round number
- Will need to see some clear rejection of this area and before...
FTR looks very good at current level as it has really good money flow index. We think it will continue upward from here.
* Trade Criteria *
Date First Found- April 12, 2018
Pattern/Why- Breakout Long, Fallen angel pattern
Entry Criteria- From current price ($8.82)
Exit Criteria- Momentum
Stop Loss Criteria- $7.93
Indicator Notes- Really good twiggs money...
Last idea, we have made 20 pips on UJ longs.
USDJPY is currently forming a strong long, so it is expected to stay long for the next 3 hours from now, which can make me a profit between 15 pips. because thats what I aim for, unless there is more confirmation on my grid.
I will be updating this chart as time goes by. It'll surely be a good trade. Stay tuned!
Okay, here is how I see it.
This pattern is WICKED... very very WICKED... It has oversized adjustment EVERY where, and that could cause miscounts for E wave traders like myself.
Look at the blue 1 and 2 for example... W.T. H right? But to me that is 1 and 2. Because doing it any other way will cause the bottom of 2 to go lower than 1, leading to 'invalid'...
Gold Positioning - Buy @ Market; 1350TP1 1370TP2 - 1 lot (small) and add double every daily close lower - 1lot, 2lots tomorrow, 4lots the next day:
1. Risk sentiment looks to be turning south, particularly in US equities which have seen monthly lows which is consistent with the broad equity valuation correction lower that i have been expecting for the past few...