longsetup

DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". This week I tried taking a few trades on this pair and not with any good results. Didn't completely loose all my profits for the week but I came through ...

We're now going throw a corrective wave, coincidentally with the panicking regarding interest rates hike, setting up for a NICE buy.

Reasons for -Firstly we broke a key bearish trend line not to long ago -As we can see from the MacD we have been making high swings as well confirmed with Price action -This helps me believe that we will continue to see bullish momentum -We Bounced of key level of support at 125 -We got a perfect swing point after the bounce on 125 -Also perfect bullish ...

Reasons for -Long term downTrend Which has been making Lower lows And Lower HIghs And i feel like weve made a new Low at a key area and are ready for a small reversal and correction before we see any more bearish movement -We have hit two KEY trend lines and have shown support and looking like we are getting bullish momentum -As we can see by previous candle we ...

For analysis go to my other setup CHF/JPY which is basically the exact same setup as they both correlate and And both have the same reasoning behind them Altho on this Pair we are bouncing of Strong key Level of 125.00 which is a even stronger confluence my entry 125.45 Remember this trade is Risky simply because its counter trend

The second and logical trade setup is AUDUSD. Here, we have a very similar scenario as with the NZDUSD. There is a bullish engulfing that formed on the daily. The price action engulfed two red candles, which gives even more significance to the setup. If there is a small retracement back to 0.7900 and I see a price action confirmation, I might act on it.

WXY completes at 1.38ish and huge fall to complete the ABC Cycle. I will keep updating on the smaller TF. This pair will affect Crude too. I expect crude to pullback to 38 again and then towards 70$$.

EUR/JPY M60 Long Swing with a Risk Reward 1 and a high TQ. I think it will start in few hours today.

Good Afternoon Traders, This pair has been in a corrective structure for a while now and it looks like today we could confirm a break out of this channel signalling upside. I've entered my long based on the small flag formed on the 1 hour timeframe. I entered at 7885.1 and hoping to take profit at around 8057.1 (200+ pips) My stop is placed at 7851.0. I'm ...

EOS.USD Long Setup! Currency pair - EOS.USD Chart timeframe - 1hr Area of interest - 1.91 & 1.97 Chart pattern - Elliott Impulse Wave (12345) Potential target 1 - 1.91 Potential target 2 - 1.97 Potential extended target - 2.05 Please implement your own due diligence prior to entering the marke

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Monero (XMR) is threatenng to break out on the upside. There is heavy support for it hear from the Inchimoku indicators and the moving averages This represents a good BUY opportunity. Hope that helps, Sean Vengan, Cryptotrading Mastery Professional Cryptocurrency Trader and Trading Educator

• Monthly- breakout from bullish trend • Weekly- MACD about to cross and bullish engulfing candle signal bullish bias this week - Last week was retest of breakout of daily channel • Daily- bearish spinning top, trend could have found support at 61.80% fib level - Inverted Head & Shoulders pattern • 4 hour- inverted bullish hammer with potential MACD crossover for ...

As we can see, Gold performed so well in the last day trading. The price went down to below the Major Support @1256, but in the end it closed above the Major Support which is also a 23.6% Fibonacci Retracement. Right now, the price is moving to the upper ground of the Bridge Area @1264 and also maintain to moving above this area. The Geopolitical situation is ...

Hi all, I am looking for a potential reversal here (although for the very short term). Let's see if the price will manage to hold over the support level :)

Good Morning Traders. Basiccly we still waiting to see if US TOPPED or not. I will expect DAX to push more higher if this is the case, retesting yesterday top. if we do see sell then S1 @ 12217, which is also 0.618% retrace, might be good LONG entry. so keep eyes open. Best of luck

nice ascending triangle setup. possible retrace before continuation. entry price 5.35-5.41, stop loss 4.90, take profit: 7.48 SITO

Im expecting an upside move (50.00% fib) strong support at 0.98850 enjoy Like and Follow