Technical Analysis Weekly and monthly stochastics have flattened out and price seems to have bottomed out. We are seeing first signs of reversal on the daily chart with plenty of room above (upside of +75%). Price Target Early Entry: 0.27 Breakout Entry: 0.33 Price Target 1: 0.35 Price Target 2: 0.48 This is a pure technical play. We will need a...
Technical Analysis Price bottomed out 3 weeks ago and the RSI + William %R Price broke out the daily channel last week and has been consolidating above the 1D 50EMA. There is a good zone to buy before a further push above 76 and potentially 90 Price Target Entry: 71-73 Target 1: 76 (+5%) Target 2: 88 (+20%) Analyst Targets: 101 (+40% Financial Metrics...
My second alert of the afternoon comes on AUDNZD. Reversal trade identified and entered. Working 30M timeframe. Trade details can be found on the chart in red label. Trade box is tracking the trade. Fancy knowing how I identified this trade you know what to do. Thanks for looking Darren🙌
Technical Analysis Weekly chart is overbought with RSI above the 75 zone and finally breaking below. Daily DMI and MA crossover signaling a reversal play from 132 to 122 if it breaks the 130 area within the next week or two.
AUDNZD alert has presented. Reversal trade identified and entered. This scalp trade is live and running. Working 15M timeframe. Trade details can be found on the chart in red label. Trade box is tracking the trade. Fancy knowing how I identified this trade you know what to do. Thanks for looking Darren🙌
GBPCAD short trade running from late yesterday afternoon. Reversal trade identified and entered. Trade has progressed overnight but still seeking the TP target. Working 30M timeframe. Trade details can be found on the chart in red label. Trade box is tracking the trade. Fancy knowing how I identified this trade you know what to do. Thanks for looking Darren🙌
EURCHF long trade in progress. Reversal trade identified. Working 30M chart. Trade details can be found on the chart in green label. Trade box is tracking the trade. Let's see where this trade finishes up. Thanks for looking Fancy knowing how I identified this trade you know what to do. Darren🙌
EURCHF sell trade in progress. Reversal trade identified. Trade details can be found on the chart in red label. Trade box is tracking the trade. Let's see where this trade finishes up. Thanks for looking Darren🙌
EURGBP sell trade in progress. Reversal trade identified. Trade details can be found on the chart in red label. Trade box is tracking the trade. Let's see where this trade finishes up. Thanks for looking Darren🙌
EURGBP sell trade in progress. Reversal trade identified. Trade details can be found on the chart in red label. Yellow line is the entry price. Green line is TP and red line is SL. Let's see where this trade finishes up. Thanks for looking Darren🙌
USDCAD sell trade in progress. Working the H1 time frame. Reversal trade identified. Trade details can be found on the chart in red label. Trade box shows entry, SL and TP target. Thanks for looking Darren🙌
Welcome back! Here's an analysis of this pair! **GBPUSD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in...
DARUSDT bearish butterfly. The price action is in a confluence with the double bottom formation of BTCUSDT. The Fibonnacci ratios is wonderfully converging with local support and resistence. A Potential Reversal Zone (PRZ) is expected from D point 1.41 Fibonacci extention ratio. Oversold condition for the intraday and hidden bullish divergence on Ehlers' Fisher...
D extension hit. Will GBPUSD pullback for a continuation to the downside?
AUDUSD has created new higher high despite creating a lower low last week. I sold last week and lost money on the trade. Now I'm on the road to recovery. With this new higher high it shows me buyers are still in control so I am going to buy once a pullback is achieved. If price can stay above 0.74563 I'll buy back up the highs once it becomes visible.
Nice break of the local structure level and retest. A reversal trade will never get a perfect than this. Have a look at the minor support level, the way price actions reject this level shows that there is some buying momentum was there and at the same time RSI also show an oversold and divergence suggesting lack of selling pressure. Since all of these...
Look at the strong uptrend on EURJPY. It is strong and constantly makes a series of higher highs followed by higher lows. Finding a profitable trend reversal in these kinds of strong market conditions is hard and at the same time, it is much riskier as well. Therefore we should be careful in these kinds of market conditions. Now according to the above chart, you...
At a glance, you can see that this is a breakeven trade and the process we followed to identify this reversal trade is totally identical to the other trades. Even though the process was the same, we cannot expect every trade to work in our favour. In trading, it is all about adapt our self to the randomness of the market. Now have a look at the above chart,...