What we see in the chart is a clear ascending triangle formation. The price will probably break out and move to the resistance line.
The entry is at the breakout of the triangle if accompanied with the volume surge. The target is shown in the chart.
With regards to the earnings announcement we believe it won´t have a significant impact because it´s already...
Hello traders around the world!
Let's talk about GBPUSD
First we must notice that there is a mass psychology since March 1985 (Price around 1.053)
On the high time frame (weekly chart), we can clearly see a descending channel since 2009 till present time showing us an upside gravity .
The price currently reached a mass psychology since March 2020 and we...
Hi, here is CRYPTALKDAYNIGHT. I'm K.
After the market has completed our short target price recently, if we take a small upward trend, we will reach the upper supply and demand confirmation area. When choosing between long and short positions, in terms of double inverted cups (morphology), the probability is very high. Big short, the future target price is 14018....
----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price...
Its looking bullish, waiting for the this to correct and then give us long opportunities.
Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only. we don't focus on the short term move, we look for only for Bullish or...
Ascending wedge has been formed where the rsi and everything makes sense, so i would enter if it closes above the wedge : ) . You can follow my long trade position i have marked in the chart🚀✨
Hello Traders around the world!
Lets talk about the plan on GBPCHF!
As you can see, the price of GBPCHF is heading towards a mass psychology since 2020 at 1.11139.
This area is amazing for long positions, I will be waiting for a reversal pattern on the rejection line or the lower trend line to execute the trade.
Patience is key.
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As u can see it has formed a double bottom at its strong support level that has been resulted after the dump, this exact same thing happened before the pump that happened earlier from 42K to all the way up to 69K and no wonder history is repeating itself.
Long Position Trade :
Entry Price - 22,000
Take Profit - 27,000
Stop Loss - 25,561
⚠️NOT A...
Maybe Before a dump a small pump is to come, So to ensure safe and also a profitable trade this is the possible time where you can take a long position. Not much of a profit but maximum u can get in these smallest pumps too!...
Long Position Trade :
Entry Price - 21,500
Take Profit - 22,500
Stop Loss - 21,176 (Yeah I know pretty much a tight Stop...
Well after the recent dump, the Support level that's actually so strong has held the price above it not a much but not from breaking it. Therefore if there's to be a pump I have market the entry point at around 0.3500 which is compromisingly safe and also profitable.
Long Position Trade :
Entry Point - 0.3500
Take Profit -
Stop Loss - 0.3430 (Yes...
