I am looking for shorts these week at/near the 1.306 price
Minimum of 5:1 Reward to Risk on this tentative setup.
Trading involves risk, allow price to come to an area you feel comfortable with if you plan to take any positions.
Let the institutions show you their true intentions and be patient!
Will be trading this pair this week as I am expecting volatility.
On Wednesday April 24 the Bank of Canada will be releasing their short term interest rates
I will be paying attention to price in the days prior to the news release.
Be patience and let the institutions give you clues as to their true intention!
Some nice pending setups on this pair and I will be trading it this week.
Stay safe with your stops ;)
Expecting a price retracement to the 4750 quarter point in these next couple days, at which time I will be consider my optimal buy entries.
Wait for price to come to an area where you feel comfortable taking a position.
Dont play yourself, trading involves risk.
Stay safe in these markets ;)
After nice uptrend on USDJPY i use on this Volume profile.
For better visibility Volume cluster. As you can see price level 111.64 for long level look pretty cool.
More reasons why i chose this level in marked in to the charts.
Here is the most significant levels for this week on NZDCAD.
I expected on this levels oportunity go short.
Both of this level is based on volume accumulation setup.
From price level 0.9247 followed strong sell off, this is why i expected that strong sellers will be fight about this price.
Trading Style: Swing trading 4hr/Daily/Weekly
Doji candle still valid till we close current weekly candle closes above $4056.33
Volume has considerable dropped in the past weeks.
Bulls buying the weekly dip, but move lacking volume.
Daily higher low at $3858 anything above keep bulls in control.
RSI approaching oversold...
After nice accumulation whre big banks and fonds accumulated position for nice move down!!
Around zone 78.74 i have prepare my short level with confirmation!!
Be on side big banks and fonds.. Don't try to go against them.. and be on side BIG PLAYERS.
About a month ago we took a look at US Oil & identified a classic reversal pattern called a head & shoulders bottom. We predicted a breakout from this level, however, there was a previous level of structure slightly above the neckline that I thought would be tested first. After nearly a month of consolidation, we've finally violated that level which allows me to...
The next trade is around the corner, you can have the best strategy but if your psychology is bad you are going to lose in every single trade. GBPAUD ready for a ride to 1.8500 monthly key level. Tomorrow we have fundamentals in GBP so be cautious and take good stop losses, remember that this pair is very savage some times and can kick you out of the market in...
welcome to antother analysis of Bitcoin.
In this chart we keep it very simple and look at the price-action, time-cycles and commin indicators.
All I want is to make sure that you guys don`t freak the hell out and buy the peaks.
Stay calm and rational in order to make good decisions.
In order to see a wealthy uptrend we need to see the...