USDCAD - Reversal ahead - Our team expects growth SUGGESTED TRADE: Swing Trade Long DXY Entry Point - 101.992 Stop Loss - 101.242 Take Profit - 103.019 Our Risk - 1% ❤️Please, support our work with like & comment!❤️
a reversal trading strategy i'm keeping an eyes in the up coming days and next week. i foresee a break to the long side as the wedge tightens
Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: GOLD is sitting around strong resistance 1900 in blue and brown trendline so we will be looking for sell setups on lower timeframes. on H4: GOLD is forming a wedge pattern in red so we are waiting for a new swing to form around it to consider it...
Cypher pattern completion at 1.43207 This is also a break and close below previous higher low which could indicate a reversal. Trade 1 if price reaches "D" completion then look for long trade - Target 1 - 1.44259 Target 2 - 1.44587 Trade 2 Potential reversal from 50% retracement - short trade
EURUSD just broke even lower. Short to the bottom of the major trendline, where we then expect a reversal. You can enter a long trade at the bottom of the trendline, with tight SL below.
Although in a healthy uptrend, USDCAD has run into resistance at ~1.3070 which happens to be a price level on the weekly chart that has previously been tested (as support in April 2004 and resistance in March 2009). Price closed below this level on Friday as a high test bar. Coupled with bearish divergence on the Stochastic and RSI indicator a price action...