WE HAVE 2 TAPS OF OUR DAILY RESISTANCE LEVEL WHICH HAPPENS TO ALSO FALL WITHIN THE SAME AREA AS OUR 38.20% FIB RETRACEMENT AND DESCENDING DAILY TL. A 3RD TAP AND WE'LL EITHER SEE A BOUNCE OR BREAKOUT TO THE UPSIDE. THIS IS FOR EDUCATIONAL PURPOSES ONLY, TRADE SAFE.
Welcome to our weekly trade setup ( GBPCAD)! - 1 HOUR Bearish market open this week. 4 HOUR Great long entries at our support zone and price action turnover. DAILY Bullish waving market with several pullbacks, looks like we need a turn now! - FOREX SETUP BUY GBPCAD 1ST ENTRY @ 1.68060 (wait for trigger) 2ND ENTRY @ 1.67350 SL @ 1.66090 TP @...
On EURCHF the market is entering a strong zone of supply. There is a high chance to see a selling reaction from the identified zone. Pay attention to a rising parallel channel and sell its bearish breakout. Target levels: 1.098 1.095 Please, support the idea with like and leave a comment, thanks!)
A reversal up to $20 is very possible for UGAZ, Given: Inverse head and shoulders pattern which is soon to be completed. Golden cross from the 160 and 40 MA could form soon. Dragonfly Doji. And 12 day MA is good. Offering 7:1 P/L ratio
Bounce off support supplemented w/ news of large prive equity placement of up to $20M; $1M already purchased @.5/ 35% higher current SP!
Price dropped sharply for the 3rd day but with minimal volume. Let's see whether the selling is really over as the bears are rejected at EMA20. This is probably due to profit taking based on good news this week. Plus, market will be closed next Monday. Reversal is possible next week. Monitor US DJI.
UGAZ has been down-trending recently and now is consolidating. Winter is coming up soon so that will drive the demand of natural gas up. There is a near-complete inverse head and shoulders pattern 10 day MA is good. There is now a couple of dragonfly Dojis which is also good. Ultimately its showing signs of a reversal and is offering a 7:1 Profit/loss ratio which...
I saw ZipTraders video on YouTube titled "How to make $100 per day", and the chart was very simple. So thought I would set it up for QQQ, add a short term MA, a BB for confirming reversals, and change the RSI to make it work for this ETF stock. Strategy: 1. I look for the RSI to be either overbought, or oversold. 2. While RSI in that situation, I look for a...
Check the youtube link below for a full breakdown! Gold is currently rammed into our 2 resistance levels, the top of our bearish channel and our key level of 1500. Price may have a spike into 1505 territory but we are looking for shorts at this level. Targeting 1430-1425, this is a massive swing trade with the best area of entry. Please average in your trades as...
Welcome to our weekly trade setup ( EURAUD )! - 1 HOUR Bearish market open this week. 4 HOUR Support zone holding, great long entries. DAILY Bullish waving market with several pullbacks. - FOREX SETUP BUY EURAUD 1ST ENTRY @ 1.63000 (wait for trigger) 2ND ENTRY @ 1.62640 SL @ 1.62010 TP @ 1.64080 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (Remember to add a few...
USDCHF has reached a decent zone of supply on 4H. On 1H chart be focused on a rising channel and wait & sell its bearish breakout. It will be a perfect confirmation signal. Stop will be above the highest point of the flag. Target levels are: 0.989 / 0.986
Aiming for 9k. Extending my trades into swing trades due to crazy volatility and a bunch of shakeouts. No stop loss.
Welcome to our weekly trade setup ( EURCAD )! - 1 HOUR Bearish price action towards previous support zone. 4 HOUR 50% Pullback of previous x-a wave formation and prices at strong support zone. DAILY Bullish market with small wave pullback, good long entries. - FOREX SETUP BUY EURCAD 1ST ENTRY @ 1.45830 2ND ENTRY @ 1.45610 (wait for trigger) SL @ 1.45230 TP...
Welcome to our weekly trade setup ( CADCHF )! - 1 HOUR Bullish market open and price action this monday. 4 HOUR We had a 50% Pullback of previous x-a wave formation. DAILY Bullish waving market with several pullbacks, great long entries now. - FOREX SETUP BUY CADCHF 1ST ENTRY @ 0.75220 (Wait for trigger) 2ND ENTRY @ 0.75090 SL @ 0.74860 TP @ 0.75600 RR: 1.1...
potential short trade on EURCAD. wait and sell bearish breakout of a rising wedge. Stop - 1.468 T1 - 1.461 T2 - 1.456
I've been following this pair since the last bullish weekly close and added to my position on when it touched my prefered fib zone pull back this week. Now with a second bullish weekly close a reversal looks really on the cards. There are still a couple of entry opportunities. One is at market open with stops below the last weekly low, maybe not for the risk...
bch descending triangle breakout-long