HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE NASDAQ INDEX. * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS...
My thoughts on AUDUSD, GBPUSD, NZDUSD and XAUUSD. What do you think?
As you can see, price now touching an important resistance level. The last candle on Friday looks pretty much like an indecision candle. I think we will see some retracement first before further upside on this pair. Sell EURGBP 0.8680 Stop loss 0.8710 Take profit 0.8540 (4.6R) Use only 1-2% risk Good luck
OVERALL TREND DIRECTION- BULLISH ON THE DAILY, and currently at a corrective phase and at a key support level. We can see that price has tested the lowest zone broke into newer highs and is currently in a ranging channel that is likely to breakout to make higher highs considering the overall trend direction. Looking for long setups only from this one based off...
We have a perfect setup here for a nice long position with so many confluences to go with. The 61.8 Fib, the Daily & 4H Imbalance area and a corrective move for the retest of the Daily time frame broken resistance become support zone. Just waiting for a Good Price Action entry to show me signs of Banks involved.
USDOLLAR Index Retesting Double Top Neckline for Further Weakness
Possible 2nd Entry on Daily Highs break and Retest
USDCAD is what I am Eying for this week
Possible 1H Accumulation after taking out EQL and Grabbing Liquidity or Tapping Corrective into 4H Imbalance near to 78.6 Fibo
Hello my friends, This is my first post regarding crypto. I just can't ignore the fact that this pattern will come in play and this is such a profitable pattern. Too good to be missed. As you can see a high tight flag pattern formed after price surge almost 100% in just 2 daily candle. Price then consolidate for 3 days and break above it this Saturday. I've...
Gold has been on a bullish run after reaching the trend line in the previous post I outlined for you all. I need to see some exhaustion and price action failing to break above the sell off (1757.919) which is looking like the head of a head and shoulder pattern. The illustration reveals a possible right shoulder forming which is a bearish signal. Remember, JP...
Price rejected after taking out the equal lows and has now broken structure to the upside. I'm looking to go long at the LL before BOS (this is probably going to happen next week). Targets are 3 different areas of interest, all above equal highs. www.decisionofpower.com Learn how to use the DOP method.
Hello my friends, Another trade ideas for today is GBPUSD pair. As you can see GBPUSD chart looks exactly like XAUUSD. XAUUSD has rallied for 750 pips in the last 2 weeks after hitting 1680 area twice. I still think we could see further rally in XAUSD as the measured objective of XAUUSD pattern is around 1830. In my opinion, we could see the same movement in...
After reaching to its resistance line in 4H time frame. it should hit these four targets.
- Price showing consistent bearish market structure with lower highs and lower lows - Recent equal lows followed by consolidation period indicate some bullish pressure beginning to step in - Will be awaiting break of dynamic resistance followed by retest before taking long buy position - Take profit set based on previous price action Looking for a 1:5RR, 2%...