Hi Traders,
See above my video explaining my thoughts around AUD/USD and Elliot Waves for a potential swing short.
Please leave a comment and let me know your thoughts.
RL from RT-Trading.
Looking to enter this swing trade anticipating a short move downwards. Set your pending sell orders with good risk management. This will surely turn out to be a profitable trade
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as...
Anticipating the big move to the downside OIL appears to be playing around the major resistance areas. Target to the downside around $40.
Happy Trading!
Hey there,
let´s just crack into it.
BTC is forming a Wedge, with at least has to form 2 highs (1 high and one lower high), which already happened, as well as two lows (low and higher low), while the second low could be formed when hitting our happy little box.
The area at 32.500-34000 could be a target, and if it is hit and it bounces, there is a good chance...
Strong resistance of 1.18890
Clear Breakout of Ascending Trendline
USD index Looking very bullish as well
Use proper Risk Management
Sell @ 1.18500
Sl 1.18900
Tp 1. 1.17700
Tp 2. 1.16200
A longer-term trade is outlined on the NZD/USD chart. A double top pattern is formed on a daily chart, and the RSI is also divergent for a couple of days. The price also seems to be bouncing off strong resistance. If the support falls, we have the opportunity to trade with a high risk-reward again. This idea is in line with previous EUR / USD plans, as both graphs...
