GJ rejected several times our automatic trend line indicator, showing us very bullish signs, we are long for gbp/jpy. We can see also the fibs indicators favorable, it will probably take days till we hit full TP.
Gold long setup based on 1h chart. we entering after few rejections to the 38% fibonacci and the Moving Average indicator. Mid term position to hold over the next days. Risk Reward of 3.07, Entry at @1857 SL at @1846 Take Profit at @1882 If you enjoyed this trading idea make sure to share it with your traders. Have a nice one!
USDCAD long swing activated. We entering the trade. Risk Reward of 4.87. Entry at @ 1.26260 SL at @ 1.25900 TP at @ 1.27700
Risky trade for ujsdjpy since there are chances for a doble top, but we expecting a break out and cacht a possible spike to the bullish side. The reasons are that ujdjpy is above the mid trendline, and also above the moving average. We can see also that the fibonacci level of 23% acts as a support level giving USDJPY more probability of a spike out
Possible longs for the btcusd pair, it started rejecting the middle trend line showing posible bullish signs. We place the long position at the middle of the trend line, believing that it will start rejecting at that zone till our tp. Risk Reward trade of 3.
31130.05 if 15 min candle closes below this then short banknifty. Best is to sell calls,2nd best short future 3rd best is to buy 31000 pe.
Hey guys what's up I am including all the data here so you can copy, share or edit it on Microsoft apps. feel free to reuse of redistribute all my work to our trading view community or out side it. March's low is most likely a fresh new cycle to say the least " believe it or not" with out bias you would come to this conclusion one way or another and you...
We could expect a breakout of the symmetrical triangle with a continuous bearish momentum to at least Price 1.21241 or bullish momentum to at least price 1.22439.
Hello, Traders! LINK started a new market cycle and now it is going through a correction phase after the first growth phase. The main zone of buyers' interest is in the range of $9.75-10.95 Entry in the trade can be made in two parts: near the Fibonacci correctional level of 0.618 - $10.74 in case the price enters the Buyers' Interest zone; near the...
I expect near-term consolidation as there are some short-term resistance lvls that need to be cleared. Looking for momentum and volatility to pick up soon. Steady uptrend and the cluster of technical supports below current price lvl indicate that OMG is one breakout away from turning fully bullish. If BTC retraces again, it will be a perfect opportunity to...
price formed a channel last week, after using my fib i expect price to get to my resistance level then continue to bearish move !!.. note wait for price to get to that resistance first before you think of taking the sell decision
As i said earlier the price broke the trendline after making DOuble top now waiting for sell opportunity after Retest of the Resistance area
Drop a like if this helps you out :) Trade Idea: Long retest of support of 11500 as price broke supply resistance on a daily time frame Reasons for trade: 1. Just broke daily supply resistance with volume expansion 2. Daily 89 SMA sitting at 11 500 ( extra support level ) 3. previous resistance should now be support zone Trade confidence:...
Read the notes on the chart. Trade only gets initiated on a break above those certain levels.
Trade setup #1 for the week. Will look to post more throughout the week. Will update each post on whether it was successful or not. Reasons for trade: Bullish divergences on 1H all the way up to 4H. Currently sitting on support. Trade confidence: 6/10
Trade setup #2 of the week Reasons for entry: price is bouncing off support, Stochs look ready to spring up. Looking for some bullish relief going into Monday morning Trade confidence: 6/10
Trade Idea: ETH short down to range lows Reasons for trade: This trade is mainly as a hedge for my other longs (see previous charts for BCH and BTC). Shorting previous support that is now acting as resistance Trade confidence: 4/10 RR: 5.9