Depending on how the market open we have here a strong zone of support and a pullback its very possible. The price its in over selling
DXY -> Strength EXY -> Weakness We entered yesterday and are sitting at roughly +42pips profit. Still potential for a breakout to the upside, this would require something big with either the US or Europe (very possible) with the ECB's "announcement" coming soon. Rate cuts will continue this month. Likely going negative. Can join us now or wait on further...
This review will continue previous one Hope everyone followed yesterday recommendations (telegram daily BTC review) and were cautious with alts. We caught BTC dip at 9500, but its time to admit that BTC is going into retracement stage (almost there unless it will pump today and change everything completely in several hours). Main support was at 9600, and...
Hello friends! This is my personal trading plan for BTCUSD during the next three months. I'm expecting a bearish micro-trend back to EMA200 , followed by an accumulation phase in anticipation for the Halving 2020 in May. Use the green levels to increase your long-position on BTCUSD. It's important to trade the actual chart instead of relying on information that...
Keep it simple. Short! Cut losses short if it breaks with any momentum or 3h candle body closures.
Will EXY continue to the upside or take a detour back and take a final test at the lower trend/support line? EXY is a main player this week in our trading pairs.
Don't mind the complete mess of a chart, we just got done giving a lesson on index TA. DXY bearish this week!
Our short was executed perfectly with 215+ pips locked in. But now where is GPBUSD going? If we take a look at BXY (GBP Strength Index) its rather unclear, we have a bias to say that GBP should fall with the brexit dealings. Take DXY (USD Strength Index) however and we can see a clear path to weakness. What we think could happen is a 2-5day drop down to the...
Would prefer to see EURCHF test the trendline, however we are long in EURCHF. EXY (EUR) looking bullish longterm. SXY (CHF) looking bearish longterm.
Support is in for EXY (EUR) we should expect to see EUR push to the upside (may have one more drop first). DXY (USD) should continue to drop this week.
Another retracement up to 10k? I’m thinking so. Sucks to monitor this thing all day and night but it’s the only way if We want the full gain until I can afford 100% stop loss ... -DTV
Monthly look at where EURUSD is in relation to the base trendline.
Little more drop left in EURUSD USD is the main factor in this one. Keep an eye on it for long opportunities
Euro does have a bit more to drop but CHF could fall through the floor any minute. Great R:R - Odds are high that this trade will not work out and we are early, so use a small lot & plan ahead!
Small lot short *tight sl* just incase USD keeps gaining strength (unlikely) and GBP loses strength (more likely) H4 chart, would cut losses short if it does break to the upside.
we have broken previous trend line. now we should see usdcad push up to around 1.33800 where if we see a nice rejection we will have a solid entry to return back to the downside.