EURCAD looks to be at strong resistance area and has retested that area. 75% of retail traders seem to be going long on the pair while 25% are shorting. Netherlands inflation rate YoY found that the Inflation rate was lower than their expectations which is seen as bearish for the Euro. SL:1.30835 TP:1.29401 (This is not financial advice, trade at your own risk)
So price has just taken out my stop at breakeven and I'm looking for further confirmation before entering again. Be patient and as always risk manage first!
Looking for price to once again push into this minor resistance to continue the consolidation range we have created. So ill be looking for a spike into the resistance sell zone of 1.70200 then shorting from there. Good luck!
In Today's trading session we will be monitoring AUDUSD for a Selling opportunity in and around 0.68 area. Once we get a Bearish confirmation the trade will be executed and shared with our premium subscribers. - RISK DISCLOSURE TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading...
Wait for the price to React our zone, Sell only after conformation. Trade safely my Friends and let me know your views in the comments.
Wait for the Price to correct till our Supply Zone and then see how it reacts to that zone, Sell only After Conformation. Trade Safely my friends and let me know your views on this in comments.
Looking at a early break of current support level as the US dollar continues to serge. If we see a little push up retracement from current level I will be looking for shorts if we get clear reversal candle formations ( evening star etc)
Hey all traders, One of the good positions and setup for trading (in futures) is to enter after the channel lines (support and resistance lines ) have broken. Here is an example of an Ethereum mini-channel on a 4-H timeframe. A small uptrend channel in a very large downtrend channel, which we call a mini channel ( or Just I'm Call it ! ) anyway :-D As long as...
Hello traders, Price is setting up for another drop that could take this pair into the 0.95 level. DXY still has a lot of potential to move higher and the euro has not yet hit the floor so expect another leg lower. Week commencing 5th September: A sell setup will appear on the lower timeframes so you could enter on those. I think based on the price action from...
Hey guys just updating my position on GBPUSD nice push down straight into profit and risk free from entry, have secured 40% profit and now just letting the rest run risk free.
Beautiful setup in 4h BTC try to give us a nice entry for sell when retest the above area for a short position with a good reward.
EURJPY is near a weekly trendline that serves as resistance. On the smaller time frames, the 139.000 area seems to be holding along with the trend line. On the weekly TF, there’s been an EMA cross over which signals a possible continuation to the downside. It’s also near my 61.8% fib level, so there’s multiple confirmations that show a push to the downside. It’s...
As we all know last week finished pretty terribly for the Dow, S&P500, and overall stock market. Jerome Powell has warned investors of more rising interest rates so investor sentiment is definitely leaning toward the bearish side. With all that being said, I truly believe we’ll head lower going into Monday until we hit that potential price reversal zone. That...
Monthly Chart: The monthly chart where we have highlighted the targets of which most have been achieved. The more important ones at the moment are those that are sitting at the bottom of the chart starting at 1657. As you can see, we have one missed target above which is sitting at around 1830, this is anticipated to get completed once Gold has put the low in,...
The zone and head and shoulders pattern were broken. To enter the position, it is better to wait for the price to return to the resistance range so wait to end of pullback.
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). ...
We seen price make that right shoulder move I explained yesterday and got the nice drop down, I took 2 entrys but will be closing half my position down at 1.28800.. major target level 1.27700 and as always stops moved to break even!