GBPUSD made an strong impulse to the up! Taking that breakout will be a good idea. So keep an eye on it & be patient & trade with care! Thank you for your support!
As it stands the 3-Day Point of Control is at 1.33229 and judging by the thin volume clusters ahead price could very well be heading up into that region so I'm biased towards the long side. Stay tuned for the updates. For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be...
Expecting the index to come into the 0.382 - 0.5 fibonacci region before bouncing back higher and retesting the 97.00 mark. The 97 level happens to be a round number so it serves as a psychological level and it is the highest level reached so far this year. Let's not forget that the Fed's Interest Rate decision is due next week and with another rate hike (3rd...
Scenario: up or down? Ethereum didn’t exactly do as we thought it would. We didn't get a clean break of our breakout level, and went down quite violently while bitcoin remained steady. Let’s stick to the charts and see what they tell us to do. DAILY First of all, We see the giant downwards channel we’re working on. We’re hanging on to the median line, and...
Prices has formed an Inverse H&S and is now at the POC where it may start accumulating orders for the reversal to the upside. My personal details: Buy Stop @ 1.15645 SL @ 1.1557 (7 pips) TP @ 1.15850 (21 pips) RR = 3 For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be...
UPDATED! Good position for long setup on euraud weekly chart by wolfe wave patern with channel that serves as supply and demand levels and fibonacci extansion zones: 161.8 100 0.618
Hello traders! At this moment USDJPY had a strong rejection from the bottom of the daily channel - 105.35 level. You need to remember that USDJPY is in a corrective structure right now. The correction may be over. Short term target will be inside the channel. We need to see how the price will behave inside this structure. If the price will not rise aggressively...
61.8% Shark target hit (see Related Ideas section for original post) and from the looks of it the pair is on its way to forming a textbook Cypher pattern. Entry at the 78.6%, Stops below X, Target at the 38.2% of CD. My personal details: E: 1.3850, SL: 1.3750, TP: 1.4050 For risk and money management purposes, always determine a max. of 2% risk on every...
Alrighty guys... Let me get this out of the way now: BIAS: Long-term, I'm still freaking bullish on ADA. If you are bullish on this MARKET in the long-term, then you have NOTHING to worry about with Cardano. It's a legit project with a lot of hype behind it, and it's just finding itself struggle because it was SEVERELY overbought and then dragged into a bear...
Good night friends. I thought the correction would start earlier, but I made one mistake in the past in calculating the wave, which destroyed the entire nesting doll. Now everything returned to its place. Sales are coming to an end within my favorite final diagonal triangle. We have all 5 waves, even an interesting thing as the last price jerk. Breaks the...
Hey Guys and Welcome, GBPUSD broke previous week highs, we are following Mid-term Trend with a good RR. Strong bullish movement over past few weeks occurred, heading towards new highs @ 1.32500. This Level need to be taken out ;) Long: 1.42230 Sl: 1.41455 Tp1: 1.42991 Tp2: 1.44092 Feel free to Comment and Discuss my Trades. Have a good one :) Alan
Alright guys, I'm feeling pretty confident on the market again, and I think a lot of coins (including Bitcoin) are coming to a close on their long correctional periods. We're all in this market because we believe in it. If you're scared of coins dropping, then I hate to say it, but either don't look at the prices, or strengthen the testicle jugulars. If you've...
Entry @ Market Target @ 112.40 Stop @ 112.88
Entry @ Market Target @ 1.9172 Stop @ 1.9035
Entry @ Market Target @ 112.80 Stop @ 112.20