GBPCAD just broke below support after a period of accumulation, going short with a good set up
waiting for a break below the wedge for a short position
Hello Traders, Here is my Support/Resistance zones for USOIL for what I'm currently seeing on 2H chart. Trade Safe :)
AUDNZD reached 50% fib level, and could nicely form an head and shoulder...nice set up for a short position
50% lev reached with good confluence and ready to short this set up, nice RRR
. here i am with RISK/REWARD 1.9 WOW (it means if you lose its 1$ but if you win its 9$) (for new guys) . . I was searching for a low risk chart and when i checked the #apple chart , i said yeeees lol . apple had a good support on 0.38 fib but cracked it , then it had a strong support (the pink line) but again cracked it AND another strong support on 0.618 fib...
Bit late to the party with this one although still a good few pips to grab before we get into a holding position. 30 pip SL takes us to a nice resistance area so if price pushes back up there then so be it. You can see overall we expect price to reach this bullish trendline which crosses nicely with a daily resistance level so from there we will look to take a...
GBPCHF nice area's of interest again to look for. After some euro/gbp news today it saw the pound gain some strength which played out nicely into this area. You can see recently some movement has occurred in this little zone so we will take an entry here with a RR of 43 pip SL and a final TP of around 185 pips. First take profit zone is around 90 pips away. Any...
Why did I enter?! Weekly: Price reached a resistance zone. Stochastic is at the top line. Used Fib to track up to 50% of most recent high which near the support zone. Daily: Price is near the top of the stochastic as well. 4 Hour: Stochastic is at the top line as well. 15 min: Stochastic is at the top line with new highs being created. 5 min: Stochastic is at...
We can now look to start taking sells on this pair. We took this trade out at 17365 level as it was a nice place for us to enter. A retest of the trend line and also a test of a daily support level. A nice RR trade this with only a 25 pip SL to ensure we do not risk too much on the trade.
1) Head and shoulders pattern 2) Price broken neckline (Structure break) Created new LL 3) Waiting for a retest towards neckline before making an entry on a trade
AUDJPY is trading in ascending channel and is nearing resistance point which can cause a selling pressure for the pair. And the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. In our technical analysis, we have constructed an ascending channel by drawing a lower trend line that connects...
BUY IF - Candle closes above 38.2% level, and retraces back to it to find support. Buy on the retest. PROFIT TARGET: Level above @61.8% SELL IF - Candle closes below 0% level, and retraces back to it to find resistance. Sell on the retest. PROFIT TARGET: Level below @-27.2%
GBPUSD: inagoo ka dab qaadanayna qaabka lagu tagay trendline-ka sare maankana ku hayna multible up and down touches-ka, waxaan rajaynayaa ugu yaraan 280+ pips oo sell ah inay nasiin doonto lacagtan. kadib wixii imaadana aan aragno. sidoo kale waa macquul in hallkaas kor looga wado . muhiimaddu wa inaad hesho confirmations kad ku gali lahaydd.
I think this is the end of this trend, it's obvious for all
Hello Traders, EURUSD has broke multiple key levels and is starting to look bullish until the top resistance before taking a drop . Trade Safe
Hypothetical scenario: (1) Entry @ 1.14815 (Sell LMT ) (2) Stop Loss @ 1.15695 | 88 pips (3) Target @ 1.11960 | 285.5 pips (4) R:R = 3.24 Stay tuned for the updates. Follow and leave a like if you liked this idea and want to see more! *DISCLAIMER* This post is solely for educational purposes and does not constitute any form of investment / trading advice.