Short at 1,1071 yearly R1 and quarterly R1, first target 1,1032 month R2 then month R1 1,0991
EUR/JPY 4H Chart: Symmetrical Triangle The ECB President Mario Draghi’s speech last week caused a lot of anxiety in the markets and pushed the Euro into a symmetrical triangle against the Japanese Yen. The pattern has already two reaction highs and two reaction lows, which means that the current round most probably is going to end with the breakout. An...
Short at 0,7826 quarterly R1, first target is monthly R1 0,7809 then yearly R1 77,48.
GBPAUD is in an upward correction, if it breaks the correction take this short setup. Be aware of the down trend resistance line and make sure there's some room to move against your short position. 1.67 is a key support zone (around S3 weekly pivot), check price action around this price level!
Action to Take: Go Short, enter sell at 11255 stop Take Profit Level: TP1 11231, TP2 111736 Stop Loss Level: 112693 Additional Factors: Timeframe: ~ 24 hours Total Risk of Account Equity: 2% or less
Action to Take: enter at market Take Profit Level: see chart Stop Loss Level: see chart Additional Factors: Total Risk of Account Equity: 2% or less
Bitcoin tends to pivot on 'funny numbers' such as 1337, 420 or 66. Looking at support lines, one passes through the line of $1666 . It is possible the BTCUSD could bounce at this point considering it contains one of the aforementioned numbers being '666'.
If market price closes above the Pivot high level, go long. Action to Take: go long by entering stop entry order; or timing an entry based on short term charts with a limit order or market order. Take Profit Level: 114456 Stop Loss Level: 113094 Additional Factors: Total Risk of Account Equity: 2% or less
Short at month R1 130,68, first target week pivot 129,32 for this week.
If close is above the Pivot high on the M60 chart enter a long order. Action to Take: enter stop entry order at 72412 Take Profit Level: 72712 Stop Loss Level: 72285 Total Risk of Account Equity: Maximum 2% Additional Factors:
Short EU here yearly R1 1,1307 , target will be know next week. This is great short here will be nice profit.
I just took my first entry in GBPNZD , and I am super excited for this trade. It is all the way down to S3 for the month, and has had a long month of going down. What goes down must come up, or is it what goes up must come down? It hows all the signs I need to buy currently. If it continues to go down I may add to it at a support level next month. Current...
$USDCNH is at a nice resistance level. Multiple time frame pivots are aligned in this area. I expect the next pivots below to be hit.
NZDUSD usually follows AU, since I am short AU, and NU has hit a solid resistance level, i am taking my initial entry here.
FX_IDC:AUDUSD Currently Short on my initial entry. For this Trading style I look for the ebb and flow of the market, my initial entry is .01, with a second of .02, and occasionally a 3rd (have not hit that point before). I trade small in relation to account size so if you are reading this expecting big wins try to remember it's risk vs reward. The monthly...
Here it is an idea for Litecoin in 4HRs time-frame. The chart is a little bit noise; but, it is possible to get trend's idea (pitchfork) and possible targets (pivots and previous top). It is notable that EMA 50 had crossed EMA 200 recently, showing that yet it is possible to buy this asset in this present moment. HOWEVER, RSI clearly shows a HIDDEN BEARISH...
Hello folks, been a while since i planned my gold trades and while some might be intuitive it's always better idea to plan carefully. Since my last update some gold made another run for the 1290s, beginning of June, after somewhat steady May with a lot of bears actions keeping it from reaching 1280. The wave is over and we are reaching downwards, with a target...