looking to buy near the low and support as described on the chart. Best of luck :-)
EURMXN Bullish Engulfing at support, potential move to the upside from the 21,103-21.186 area.
Bullish Pin bar at support, potential move to the upside from the 1.46966- 1.4759 area
A BREAK AND RETEST OF THE CTL IS SHOWING CONFLUENCE WITH THE 61.8 FIB LVL. PRICE ACTION SHOWING CLEAN UPTREND. IMMEDIATE PRICE TARGETS AT $15 AND $17.50
USD/JPY is an overall bullish trend, which retraced until it reached a very strong support at the level of 110.170 and bounced back with confluence and its currently heading to resistance level of 115.373, place where I will place my TP. Due to the strong Buying force the dollar has gained my SL will be placed at 111.439 as I believe it will only start to apply...
Looking for a pullback into 81.00 to sell for a short term trade down towards 80.40. If that level folds another run for 79.80 is likely.
Elliot Wave Perspective of Crude Oil. I am interested in trading the Wave 5. Also the price action near 38.2% or 50% retracement level will be taken into notice before entering the Long . Roughly Long @ 48.74 Stop Loss @ 46.99 Take Profit @ 53.00
Elliot Wave Perspective of Crude Oil. I am interested in trading the Wave 5. Also the price action near 38.2% or 50% retracement level will be taken into notice before entering the Long . Roughly Long @ 48.74 Stop Loss @ 46.99 Take Profit @ 53.00
Reason for entry: Trendline pullback and weekly resistance My personal view, always trade according to your strategy/plan! Stop loss: 1.32850 Entry price: 1.32263 Take profit: 1.30750 Risk/Reward ratio: 2.58 % of equity risked: 1.2% of equity Please comment and share your view, thanks!
Looking for downtrend to continue. Price is at a key supply zone looking for it to confirm this supply level and bounce down.
Range bound for the summer but looking for a good retest of the highs and supply level at 1.012
looking short on the GBPAUD as we are coming out of a daily/ weekly supply zone in the direction of trend. We do have some fresh resistance here on the daily and lower timeframes but I think it will break as the trend continues and we retest the weekly demand zone @ 1.6850
Lots of consolidation here at this trendline that I drew to the downside off the weekly but it looks like price is finally confirming the trendline bounce off the weekly / daily supply levels.