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,...
According to the above chart, you can see that the EURUSD started to slow as the price approached the Daily Resistance level. The Ascending channel shows the lack of bullish momentum around the daily resistance level and RSI overbought and divergence even confirm that the buyers are running out of control and the possibility of the trend is much higher. And...
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE DOLLAR / YEN * The PAIR has been trading in a Ascending channel , just tested the roof of this structure after that extending this move with a strong bullish rally towards the upside. - Short term the pair is in a up trend on lower time-frames as we see...
HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, A LOOK AT THE US500 INDEX THIS WEEK SWING * The index was trading in a DESCENDING channel but seems the channel is now RUNNING out of steam as we see consolidation at the base of the channel and the formation OF A DOUBLE bottom in the cards. - Short term the index is currently in reversal formation in...
HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, A LOOK AT THE EURO / DOLLAR PAIR. * The pair has been range bound in consolidation in the form of a descending channel / bull flag finally broke above of the structure. - Currently entered an UP Trend as the pair saw a new recent high on the 4h chart . - Looking for LONG entries on the PAIR short term...
Rebelling = Demand/Supply Zone All zone that represent for zone that can be reversed and change the current trend. maybe it's gonna be stopped at 1786-1780 just manage by urself. your money your risk your reward.
The pair in trading around a Demand area which broke multiple structure previously. In today's trading session I will be looking for a Buying opportunity around 1.56 zone. Look for confirmation then enter if you can't find confirmation don't trade it.
USD has been in a downtrend for a while now it seems that the bears are exhausted and price is breaking lower Tf structures to the upside. In the upcoming week i will looking for a buying opportunity around 1.249 demand zone. If you don't understand the structure do not trade.
Cipla is showing signs of reversal on hourly charts. Cipla took support near 50% FIBONACCI RETRACEMENT level of 918.80 & reversed. As long as Cipla is above 918 then its buy with mentioned stop-loss & target.
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR INDEX . * The index broke out of a ascending channel but seems the channel might not be out of play as of yet. - Short term the index is currently completing a possible inverted H&S formation on the 4h chart. -...
Closing my buy stop, entering a sell instead other buy trades still valid since the market is bullish for the week Trying to catch the rejection off the H4 candlestick Mwanwhile on the daily
It's been a busy day for trades using our POW reversal script. Here we are using it on GBPCAD working the 20M time frame. Trade details for current trade are shown on the chart. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. Previous trade can be seen on chart also for...
POW reversal strategy in use here for this trade. Trade details for current trade are shown on the chart. Working a straight forward 1:1 RR and looking for 39 pip move to hit target. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop...
We have POW reversal strategy in use here for this trade. Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. Previous trades can be seen on chart also. This strategy is designed...
Morning traders here's to a new trading week. We start the week with a EURGBP short which has been live since 8:30 UK time POW reversal strategy in use here for this trade. Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little blue...
Using the POW reversal strategy on this pair. Trade details can be found on the chart. We are working the 20M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. Previous trades can be seen on chart and last one was covered yesterday in an idea. As with...
Using the POW reversal strategy on this pair. Trade details can be found on the chart. We are working the 20M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. Previous trades can be seen on chart also. As with every idea trade history and log can be seen...
POW reversal strategy in use here for this trade. Trade has just alerted and details are on the chart. We are working the 30M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. Previous trade can be seen on chart also. As with every idea trade history and...