Hi, traders. My name is Lukas and I am a beginner in trading, respectively, I only trade 6 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and...
Use this chart as a guide to develop your view or to confirm your setup. Main items we can see on the chart: a) The price is inside an ascending channel (primary structure) b) Currently, the price is above a resistance zone (now working as support) c) On the Support Zone, we can see a Flag pattern (continuation structure) d) Now the price has broken the...
SAXO:CHFJPY Watch for a potential fall on this pair from current range. #AHMEDMESBAH
looking at a taking a long position on USD/CHF. I expect a counter trend move to the upside, and will look to scale in profits at key areas such as daily 50 ema. I see potential a move up to the previous swing high, which will also offer a great R:R. As well as a multi touch trend line, we have weekly support and very string MACD divergence on 1D and 1H. Hope...
Hi, traders. My name is Lukas and I am a beginner in trading, respectively, I only trade 6 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and...
- Bears looking exhausted. - Wykcoff-ian type range forming on a HTF trend line + above S/R flip support not far below. (8400) - Looks like potential front run of the S/R Level - Bearish news - india ban (FUD) + Binance down for maintaince (Insider Accumulation). CoronaVirus still potential blackswan to consider at all times. Will look at add to position if we...
Hey tradomaniacs, welcome to another free signal! As we are hitting a key-resistance-level and EUR/GBP is totally overbought we get a nice chance to sell here. ----------------------------- Type: Swingtrade Market Sell: 0,87250 Stop-Loss: 0,88485 Target 1: 0,85910 Target 2: 0,83730 Target 3: 0,83885 ----------------------------- LEAVE A LIKE AND A...
The CAD is gaining strength and the pair has hit the trendline for the third time. Third time is the difference.
Price has climbed to a decent resistance area. I will be closing half my positions with 400+ pip profit, and will most likely close the rest of my positions if price continues to drop.
This pair has now reached a good resistance zone and I will be looking to sell during London session if the price is still declining. Please be patient and do not trade heavily as this pair can move aggressively.
#Bitcoin Brice today bounce to approx. 8950. Just as expected from my previous post, we bounced off the 50% fib levels nice support over there. Bulls absorbed all the sellers in this area. Today is a perfect bounce on the weekly and daily time frames. Not a very definite confirmation yet that the trend changed based on the amount of resistance we need to break...
Target has been hit but I will be holding this trade over the weekend, will update when market re-opens.
Original plan for #GOLD - as always #DYOR remember I am not a financial advisor & this are all just my thoughts :) make sure to leave a comment & if you agree then hit that thumbs up Do not forget to check out other ideas & do share it with your friends :)
I feel price might move higher but as long as it does not break the resistance its still a sell in my opinion.
There's two scenarios here on GBPJPY. First, it is in a Head & Shoulders pattern on the weekly, coming off completing a rising wedge to retest channel price broke in the past weeks, there should be more upside. Secondly, There is also a double top on the monthly, which should send price to new highs that haven't been seen in a very long time. Happy Trading!