Morning traders, After a decent push down this pair has pulled back with a bearish engulf candle which suggests trend continuation. I've therefore gone short on this and marked tp and sl for you as well. Let me know your thoughts. Trade safe and good luck.
BSV is forming a descending triangle pattern, a possible bearish pattern and a short opportunity. Be ready.
Hi traders, After a tremendous rally in recent days we can see this pair is exhausted now. While RSI being overbought we have a perfect shooting star candle sitting on the top which suggests a trend reversal. I have entered a short trade here and marked the tp and sl for you as well. Let me know your thoughts. Trade safe and good luck.
Hi traders, I have a few active trade on this from the top. Those who missed out on the entries from the top can enter again as we have a nice pullback. I've marked the tp and sl for you as well. Trade safe and good luck.
After the strong up move that lasted for quite a while without any significant pullbacks, the shooting star pattern appeared in the "grey area" of assumed resistance. 1)Going short with my Stop loss over the high of the shooting star. 2)The profit target is based on the assumed 50% correction and technical structure.
AUDUSD - Downtrend Continuation move anticipated from the retracement. Great opportunity to short the market. Weekly time frame provides sufficient confluence of the downtrend and retracement raly down opportunity. 4H time frame on the other hand provides entry reason because consecutive bearish candles. Decent risk/reward ratio with potential with second target.
$SPY - we saw the weakness we talked about yesterday in the market. Continuation selling for Friday. Still no sign of strength or bounce action. We will be looking around the $235 market where the 200ma is on the weekly chart as a significant line of support for the market to catch itself and get back on its feet. Scary times. Trade small we have noticed even...
$SPY - today marked another breakdown of lows for 2018, reaching levels of the summer in 2017. Reaching EXTREME oversold levels now. Easy shorts are close to being over. Remainder of week analysis is inside trading / week bounce into weekend
plain and simple chart art, looks like price has reached the top of a strong weekly trend line and showing signs that bears are slowly taking over. Possibly going to reach low prices of 19.30 - 19.16 area
MCD Short based on fibs and channels. My entry: 185.55 Stop loss: 196.00 PT: 140.00 area
Beautiful head and shoulders pattern. This calls for a short on the USDJPY. - The head and shoulders pattern is impeccable in this scenario - P/L is at about 2:1 - MACD momentum looking very bearish
The price of the USD/CAD currency pair has aggressively surpassed its moving average of 1.3070, trading at a current price of 1.3112 as of 12:40 PM, ET, November 8, 2018. The Mstardom Finance Forex Trading Strategy told us that a strong mean reversion possibility has developed, and we should be prepared to trade this opportunity if we weren’t already in the trade....
I've recently been testing the B.B. Reversal strategy. On XBTUSD using the 5min. candles & So far has proven to be quite profitable...(I just started testing earlier today. Sooooo) Anyways The Rules are simple, Stick to the Rules, Always wait for confirmation candle and MOST Important IS To TAKE PROFITS early. I found it to be a far better strategy IF I...
NANO looking hot!! Breakout sure to come Please be sure to place a stop loss
Hi guys. I don't want you to believe me but this is what is going to happen as my analysis. Just wait and watch what will happen until 2019. I am not saying that Bitcoin will go as exact positions I mentioned but it will go around them. We will follow indicators and patterns for getting perfect positions time to time. I am suggesting you to sell when BTC will go...