Price is closing the support, can we buy short if it doesn't break it ? Any objections are welcomed.
What do you guys think ? Any objections are welcomed.
For me, i confident that the price will break the resistance to go long until the next resistance zone that i mark.If the price reject and drop,it can make price action Triple top. But if look into weekly chart,price has broke flag. I pro to go long.
For this week,I pro to go long,my opinion is price will retrace first touch the horizontal line before going long, then price will move to next resistance,if the resistance break,then it has high potential move to the upper resistance zone that is also a resistance for weekly tf.
NzdUsd break weekly trend line,and reject current resistance with crs candle.
you can wait for touch the 0.618 on the fibb and then go short. set on chart
Near the time money2020. It's swing. You can take profit this time.
ETP will go up just a little and after the money2020 news it will drop to 4us or lower than
So I am fairly new to forex trading, and technicial analysis in general. Here I spot what I call a sloppy AB:CD pattern forming. I call it sloppy because the BC move is not exactly a .618 retracement of the AB move. If I were actively trading, I'd go long to ride the CD leg up to pattern completion then turn around and short the pair. From what I see, we found...
Hi everyone, I see a potential Bat pattern. IF price action goes past AC Then it is invalidated. enjoy your Sunday.
bat pattern was created and my buy stop order filled. Still learning to trade and learning Harmonicpatterns..
Potential BAT and Cypher pattern ? FX_IDC:GBPUSD
Some ideas with magical fibs and harmonic patterns for personal log journal. Comments appreciated, I am learning.
H4 chart broke kumo cloud and above EMA100. My idea here is that if it can close above 0.7185 it'll goes up (because of the kumo cloud). SL and TP set on retracement levels. (SL just below 61.8%) Long-term target at 38.2% extension. Comments welcomed (my 2nd idea).