BTC is currently in an ascending wedge with bearish RSI divergence wait for a break of trendline before taking a position with stoploss at last swing high with target at next area of support, moving SL to BE when safe to do so and then follow with a trailing stop looking for a bigger move down. Good luck traders.
Today, the price of gold continues to prioritize the downward trend, with prices fluctuating within a narrow range after surpassing two important price support levels at $1980 and $1965. The price range is narrowing, and gold may further decline towards the $1940 area before a new trend is formed and clarified in the coming week.
The GBPUSD behaves similarly to the USD EUR dollar during weekend trading. Currently, the price is trading at 1,222 and remains confined within a narrow discount channel. If the current support level at 1,220 is broken, this currency pair will likely continue its downward movement towards the previous support level at 1,212.
Hello fellow traders! XAUUSD has been on the rise and has gained some bullish momentum BUT there will soon be a fall if the buyers doesn't have the buying power surpass the SUPPLY level! If the key level is respected, then we should see gold collapse. CHECKLIST: ✔BEARISH POTENTIAL MOMENTUM ✔RSI IIS OVERBOUGHT ✔HASH RIBBONS ARE CROSSED AND CONFIRMING ITS STILL...
Short idea on BTC perp this trade is high risk. Liquidate shorts and liquidity grab then drop...
price move on bearish trend and break for falling wedge pattern,
USDJPY SELL ---------------------------------- TP 1: 104.100 TP 2: 103.950 SL: 104.890 * USE 1% RISK ----------------------------------
Friends, I feel a bloody force in October! I think this will happen anyway. The time is not far off. God be with us. Good luck.
In todays trading session we will be looking for Sell Opportunity
One of my favorite setups , reversal on a higher time frame uptrend channel and broke out from a broadening channel on a lower time frame. Decant RR