Gold is mostly aways from ranging and channels and thats why its the sweet spot. However, Gold is either an Obedient dog or a ratchet one. Finding sweet spots for the pair is the Key because it obeys them. Over here we have 3 trades based on Trends and SR lines. A broken triangle gives us a bullish but failure to the trade, we take a short on trendline break with...
this is a decisional point for this pair and its either up or down. Sideways market is not allowed due to the point that the market is trending and it has been consistently covering pips. This zone has less support and resistance and we do note expect any to be formed right now
History does repeat itself and at this instance its not too long ago we saw this movement on the pair. A triangle, breakout, correction move and a final down move followed by Fibonacci retracement. I dont go against the trend so lets remain bearish and watch this pair. Breaking down would definatelly have me selling
EURCAD - 3a - 190206 - SHORT - OANDA - ATx3 - 12H - (RRR 12.23)
Wondeful year, Theres been a trend on this pair for quite some time so far, the 168% fib level being a target for a previous retracement. This candle close might be a long opportunity. It will give us a tight stop and very nice profits
Am looking to take a short should the daily candle close within the descending trendline I have drawn in my analysis. Confluence with at least 10 times the price touched 1.13420 levels over the past 2 months and failed to close above those regions. Am looking for the first take profit regions to be at the previous daily candles wicks, and further take profits at...
You're here because you've completed some research and are starting to understand the opportunity and potential that cryptocurrency has! 99.9% of people do not invest in cryptocurrency because they've never heard of it, or don't understand it! When the general public starts to invest, the price of Bitcoin and other cryptocurrencies will sky rocket, meaning...
Looks like Gbp/Cad has made its retest at key levels and buyers are ready to take control for a moment at least to 38.2 fib. Which is giving us a good risk to reward. Fibonacci is drawn from the swing low to swing high and the price has retested important level at 61.8 fib and also made it above 50% fib, where it currently fights for its way to up. A Trend is...
AUDUSD play here golden pocket bounce/double bottom RSI. You guys need to figure out own stop loss take profits etc... Once again my main swings will be formatted simple and organized. These plays like golden pockets, fibo levels are given to you and its up to you on what to do with them! Please keep in mind that I do not give Financial advice. Everything I post...
According to market analysis along with historical knowledge of market behavior as it responds to the final stages of bull rallies, GE appears to be setting up for its next bull rally. Currently it is at what appears to be near the market bottom, therefore upside potential greatly outweighs the risk of downside volatility . * As always, this is for educational...
Trade is only initiated if a retest occurs and my other trade confirms including candle confirms are met.
I took three previous trades on gbpcad and was stopped out all three for a .24 lost. My setup told my to stop trading for the week and to re-evaluate the charts today. Here are my current setups this week as I am currently 30 pips in profits on a gbpcad trade that I broke even on. Let's see what next week holds!! GBPCAD