We're liking the set up on AUDUSD but are also wary of price pushing a little higher and stopping us out before dropping. It's a hit and miss trade but all risk management is under control and we are currently flying in profits from our previous trades. So one more try won't hurt. Entering now at 0.77830
Right now the bulls have it. Breaking below 48k (anchored VWAP) it would be good to keep an eye on. Below 45k and they'll likely be further selling.
price broke into support and I waited for a pullback into supply zone, price pulled back as expected and I again waited for a sell confirmation... Price gave us a long/strong bear candle 7/10 times price retrace before continuing in it's expected direction. I will drop down timeframe and try to catch the move. Stops and Target are made visible in the screenshot...
Small Stop Loss in play , 15//16pips , overall down trend over the TF , looking for 50 to 100Pips , USD dollar Is weak
The aussie is inside a bearish channel in H4 chart, the price broke the bigger trendline in daily chart and is now goign down towards the first green line (38.2% Fibonacci), look at the volumes: They are decreasing while the price is going up, it means that the pair is having a retracement and the trend direction is downward. Keep in mind that the 38.2% ...
Entered too early last trade got stopped out , but have 2 entries on this trade 1843.150 and 1845.550 , Small Risk For Big Rewards
Further to our analysis yesterday of GBP/JPY we are due to see a fall on the pair. Price yesterday was bullish therefore we didn't send the signal out to the group as there was not enough confirmation to see any bearish movement due to the british pound being so strong. A day later and we believe we are ready to see that British pound drop to as low as 144.300...
So another similar set up here on another GBP! So a very similar trade to our last one which was posted earlier: (What goes up must come down) & (Lets try again). So what we can see here, the British pound has spiked throughout all currency pairs today which is the 04/02/21. The main cause to this i believe is 'BOE Rapid U.K Rebound Following Johnson's vaccine...
So a very similar trade to our last one which was posted earlier which we cut our losses from: (What goes up must come down) So what we can see here, the British pound has spiked throughout all currency pairs today which is the 04/02/21. The main cause to this i believe is 'BOE Rapid U.K Rebound Following Johnson's vaccine push' headline news. But as we can see...
BSV delisted from many brokerages but the time is near that Craig Wright pumps it to the moon. Awful fundamental but have the best technical
INDEXNASDAQ: .IXIC Looking Bearish Go For Short-Selling
INDEXSP: .INX Looking Bearish Go For Short-Selling
NASDAQ: AAPL Looking Bearish Go For Short-Selling
So Readers, You have my idea on USDCAD: Monthly, Weekly and Daily chart all heading bearish. There isn't any need to go long this market ! Big player are in the market now as we have the 3*HTF momentum poised Bearishly The short term target at 1.2600 seems viable traget... Biden in the white house doesn't help out the US dollar Bearish momentum must continues...