The bank of England have raised their Interest rates and continue to have a double digit inflation. Let's see what is ought to be expected from a technical perspective.
Just going to be patient with this one and see what happens over the next few hours
This trade doesn't look as strong as the GBPCHF trade so I will only go half risk on this one due to the 2 pairs being correlated. Limit Order Entry; Entry Price: 0.66491 Stop Loss: 0.66217 TP: 0.67457
I was going to place half risk on this but I have changed my mind and will go full risk on this limit order; Entry Price: 1.11682 Stop Loss: 1.11335 TP: 1.13074
Major indexes continue to show resilience to inflation and rate rises as many have pushed up into new all time highs. Traders have been faced with many ups and downs making investing difficult and share positions constantly flow from gains to losses and back again. We always need to focus and review the bigger picture timeframes to build into our overall trading...
BLACKBULL:AUDCAD AUDCAD possible short scenarion for me .it tested supply zone you could say or resistance for me in this trade as i marked up as resistance area conflunce with ema.it got tested and broke stcature multiple times on 1H TF. i always have two entries. my second entry has not been confirmed yet. fisrt entry : Entry - 0.89937 Tp - 0.89497 Sl -...
I go through my currency pairs and analyze them while listening to music and talk to you guys. *not a financial advisor*
This is a really good looking trade. Setting a limit order with full risk at; Entry Price: 1968.221 Stop Loss: 1953.992 TP: 2025.880
This entry is looking pretty good. I have entered this one at market with full risk; -Entry price: 23.727 -Stop Loss: 23.395 -TP: 25.061 Setting a limit order for the low of the Asia range once it closes would also be a good trade as I think it is likely price will take that out before moving higher
This trade is only looking moderately appealing at the moment but if price can push back into the OB zone and give a good bullish reaction then it could definitely be worth a trade
G'day, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Three, Four Day Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider...
What I do with this trade will mostly depend on how the first two 4hr candles close on Monday morning but I'll give you an update on what I decide to do
arpausdt 5m tf bias is long ,divergence on rsi on 5m tf,volume is coming,stracture got broken to the upside . MY ENTRY ENTRY-1- ENTRY- 0.04905 SL- 0.04858 TP- 0.05006 RR- 1:2.15 ENTRY-2- ENTRY- 0.04881 SL- 0.04854 TP- 0.05006 RR- 1:4.63 MEXC:ARPAUSDT.P
Magicusdt 15M TF Analysis , For This TF My Bias Is Short As It Tested 15M Supply Zone And Got Rejected Creating Fair Value Gap And Created Divergence On 5M TF RSI.Break Of Stracture Happened On 5M TF,Before Breaking Grabbed Multiple Liquidity.Support Got Broken And Later Acting As Resistance ,Resistance Acted As Support For A Short Time But Eventually Got Broken.I...
My Bias Is Still Bearish , 1H TF Supply Zone Has Been Tested And Got Rejected multiple Times.For Me Marked Up 3 Candles Means Much To Me,Got A Pullback In the Area Again And Got rejected Again On 15M TF! I Dont Use Indicators But If You Trade DIVERGENCES Then You Can See A Clear Divergence On RSI ON 15M TF. Selling Volume Is Getting Stronger If You Look AT The...
GBPJPY is still bullish on the daiyly timeframe according to Market structure having not broken previous higher lows. On the H4 timeframe one can identify that we have broken structure towards the downside indicating a potential sell on the H1 timeframe. Price is currently in a supply. Waiting for the BOS on lower timeframes to confirm my entry and then we are in...
Bitcoin is forming a bear flag pattern right now, which indicates a potential continuation of the downtrend. However, there is also a strong support zone at the 25.1 Fibonacci retracement level which can bounce back up If bitcoin can break above the flag resistance, it could rally to the 29K level, where there is a major down trend line that acted only as...
4h supply zone has been tested 15M Choch has been created. in 4h tf shooting star candle has formed along with 2 bearish candles ,there are multiple entry points i have selected for entering ,let me know your opinion. MEXC:AGIXUSDT.P