I see a small head and shoulders which leaves me to believe that price might drop to the next demand area. i am setting a buy limit at 1.08344
My over view on the DXY looks bearish since price broke out of the bullish channel and retested the support levels on the channel..CPI is coming and am hoping that it will be the one pushing it to the downside. Remember NEWS create Volume not direction..
4h confirmation after coming into higher timeframe supply. should the market come to our entry
weekly up monthly up, here we have a daily zone with a 4h nested. I would like to enter on the retracement into this zone
The GBPCAD is experiencing significant bullish momentum. Initially, the market broke through a strong downward trend line on a 4-hour chart. Additionally, it surpassed a broad supply zone. These broken barriers have created a larger demand zone. I anticipate a bullish trend towards 1.724 - 1.728 levels.
4h demand after trend line break. entry at 1h nested demand zone
Disclaimer: This is not financial advice. Most traders lose money. Trading in digital assets, including cryptocurrencies, is especially risky and is only for individuals with a high-risk tolerance and the financial ability to sustain losses.
Watch for a monthly close outside of this descending triangle. A break in either direction will likely dictate what comes next.
- Bullish engulfing candle crossed above the 200 EMA. Bullish conditions met. - MOM facing up and above 0. Bullish conditions met. - STOCH facing up and the blue line is above the orange line. Bullish conditions met Buy At Market Execution Or Buy Limit At 0.62100 Or Lower SL: 0.61700 OR LOWER (40 pips or more) TP 1: 0.62500 (40 pips) 1:1RR TP 2: 0.62700 (60...
AUDUSD is looking like it will continue to sell. It is already below the 200 EMA and has just broken structure on the downside by crossing below the 50 EMA. - MOM looks like it is on the 0 line but it is actually negative which for me is a bearish confirmation. -STOCH is below 50, facing down and the orange line is above the blue. These are also bearish...
Hey Rich Friends, This trade took a while to develop but better late than never! I used my simple 4-indicator strategy to spot a bullish trend on GU and secure 40 pips. It's simple: Indicators: 50 EMA (blue) 200 EMA (purple) Momentum (turn on price line) Stochastic (turn on price line) Bullish confirmations: 1. Candles above/crossing up 1 or both EMAS 2. MOM...
Hey Rich Friends, EURGBP might provide some great bearish/selling opportunities this week. Here is what I am looking at: - Prior rejections in this area (red rectangle) - Candles below 200 EMA - 200 EMA preparing to cross 50 EMA on the Weekly time frame -MOM is negative - STOCH below 50 - GBP news on Tuesday, Wednesday, and Thursday Market Execution Or Sell...
Hey Rich Friends, Although this trade took some time to develop, I am happy to see that my TP 1 was hit and hopefully the market will continue to sell. I used the same strategy that I posted about in my viral Editor's Pick video, "The Best Forex Strategy I've Used in 3 Years | 4 Indicators" and you can learn more about it by watching it on my Tradingview page....
Hey Rich Friends, I think EG will continue to sell for a bit. Here is what I am looking at. Why: - Prior rejections in this area (red rectangle). - Break of structure on the previous candle -MOM is negative - STOCH below 50 WAIT FOR: - Candle to close below 50 EMA SL: 0.87400 or Higher (40 PIPS) TP 1: 0.86600 (40 pips) 1:1RR TP 2: 0.86400 (60 pips)...
Hey Rich Friends, I am going to set a Buy Limit order on this idea at 0.59500. If the market revisits this area, my trade will be triggered, and then continue to buy. Here is what I am looking at: - The candle has crossed above the 200 EMA. If the next candle closes above the 200 EMA, the trend will be confirmed Bullish for me - The MOM is positive - The Stoch...
Hey Rich Friends, I am happy to say that after 4 days, this trade has finally hit TP 1 and it looks like it will be moving to TP 2. A classic case of HOLD DON'T FOLD. I used the same strategy I always use in all of my videos with a little bit of supply and demand in the mix. I hope you guys were able to secure some profits from this trade idea even though it...
Hey Rich Friends, Happy NFP Week! Please remember to check the news and trade with caution. To start this week off, I think EURJPY will continue to buy and here is what I am looking at: - Candles rejecting price going lower in the demand zone - Candles are above both EMAs and the blue EMA has crossed above the purple EMA - MOM is facing up and positive -...
Hey Rich Friends, I am looking at UC for a potential sell, here is why: - Candles coming out of the supply zone. Already rejected - Candles starting to fall below the EMA. Wait for candle to close below EMA - STOCH facing down - MOM is facing down - TP will be below the previous low and SL will be above the previous high Let me know if you see something else! -...