-Watch for the break from this consolidation
- easy pennant pattern play we might see some more consolidation on Monday then break out
- Gotta plan out all the scenarios possible now this can end up tanking if it breaks down or it can consolidate into a dead cat bounce
-BUT volumes looking healthy for next week so I'm in as long as volumes there
The pair has retraced 50% of the move , the 200 hour simple moving average is below the price and is giving immediate support. A move towards 1.30 is expected by the end of the week.
Use a strict money management.
Enjoy your trading|||
Hope everyone is okay, been quiet for a while as been busy backtesting and not taking any live market trades. Been using my top-down analysis, and have seen a possible short for EURGBP. As you can see, regained strength after a sharp downfall, however it has a high possibility that it could break the trend it has made, and make a further fall to the...
Taking a shot on this swing to the upside with Tiger Woods getting a win. Hes the poster-boy for Nike Golf and he just caught himself a big win. For some reason I just see every "Middle Age'd Guy in America", waking up tomorrow morning and saying - "Hey you know what, that Nike looks like a good investment bois."
Will set limits as noted and update trade first...
ForeverFX Here With Our First Analyses; Please Be So Kind And To Give Us Some Love. Support & Resistance Levels are shown and if you place this trade I hope you enjoy, Yen news is out Thursday and it's looking positive for the interest. We are predicting a strong Yen of 2019 the year of the emerging markets! Especially when the Olympics is hosted there. That's not...
- If 50EMA on 4H time-frame not gonna reject the price to the downside we will have an awesome impulse to the upside.
- Wedge on the 1H time-frame is completed, price broke the pattern and now it's looking like the pullback will come so the advice here would be to act on that pullback if you know how.
- Price on major time-frames are looking good and in this...