If we see USDCAD rejecting the resistance zone on the 4h chart, we can look for short entry confirmations on the hourly chart.
Hi, EUR USD broke thru our downtrend line and positively retested it and gave us a big engulfing candle afterwards, which would indicated short-term bullish opportunity . My entry point is located at retest of 61.8 FIB and initiated targets are: 1.272 FIB which also is 1:1 projection of first wave, my 2nd target is 1.618 FIB which is also my final take profit and...
The chart pattern is showing a rising wedge. While technical indicators are showing we are below two moving averages 20 and 200 (acting as resistance). MACD, RSI and DMI showing bulls are running out of buying power. TD Sequential is about to give us a SELL signal with a "red 2", below "red1", below the "green 9". If the stock market does continue to rise, I...
EURUSD BUY Entry 1.0840 | Stoploss 1.0810 | Takeprofit1: 1.0870 | Takeprofit2: 1.0915
look at this magnificent bullish divergence with confirmation of the breakout of the RSI50 and the breakout and correction on the FIBO 50% Very tight stop loss and TP1: 25018 TP2: 25698 possibility of hudge
My test bot triggered a buy signal about one hour ago on Bitcoin: BINANCE:BTCUSDT It is good to see that we are in an Ascending Channel The SuperTrend reversed, the take profit target is 17%, which has been a good number in the backtests I made. The trade could have been filtered out by the ADX filter I included in the strategy but it was not, meaning we are in...
I'm ideally short on GBPUSD, waiting for a movement of the price and an opportunity to get in, it's a bit risky because today is Thursday, we will see what happens and if we can validate this trade.
Short term high on the Dax
After the price break the ascending trend line, in my vision,the price will bounce up and we are going to reach 2.02... , Just be Patient
On the daily time frame on EURUSD, price looked like it wants to downtrend. So on the one hour time frame, I was looking for selling opportunities. thus on the daily, there is a possible 1-2-3 move, and on the one hour time frame, I made a trend line. To continue, price broke this trend line and retested. As all this was happening, price remained below the 50...
Hello traders, this is an update on an idea published earlier this week. Price got rejected at previous support and we assumed the possibility of a head and shoulder pattern developing. We monitored price action at the right shoulder where we look for signs of rejection for the reversal to take 4 buy position. Our first position was 50 pips and the rest increased...
Quick update on USDJPY dropped earlier, tp smashed 587 pips bagged. follow on IG/Twitter @the_pipcartel Telegram; t.me/the_pipcartel
We could blast through this purple trendline but I expect it to hold resistance for now so I will be closing my longs temporarily here until we can overcome that resistance and taking profit while I can.
CADJPY BUY STOP @ 78.50 TAKE PROFIT @ 81.60 STOP LOSS @ 77.00 USDCHF BUY STOP @ .9520 TAKE PROFIT @ .9635 STOP LOSS @ .9440 These trade calls are for training purposes.
EURUSD will make at least a 50% retracement at some point tomorrow 3/12/20. The ECB is expected to cut interest rates by .10% and possibly mention more stimulus. Look for EUR to tag 1.11500. The question is what will happen next? Price could bounce right back up in the descending channel and possibly break up past the channel and make another attempt at 1.15? or...
Buying 1 lot on this pair. It's a key support level, after seeing major downward movement from the bears, watching the 5-15 min tfs we can see bulls starting to push in. Entry: 0.71341 TP: 0.71690 SL: 0.7000