USD There is little doubt about the damage inflicted by Sterling on renewed hopes of a Brexit deal, but the Dollar’s latest leg down came amidst widespread weakness vs G10 counterparts and beyond as risk sentiment is boosted due to hopes that vaccinations against the coronavirus will help to stop the spread and economies return to something more akin to normal...
I Saw that GBPAUD started to consolidate at the bottom of a sell off. It then did a fake out to the down side then had some impulsive bullish candles to the upside on the 15m time frame. All the way to 1.82000 we go.
Price hasn't hit this low since '14. I'm taking my chances on this one. On the weekly I think I see a BAT pattern as well. Price is way oversold at this point. I'm going to ride the RSI to the top of the weekly using a small lot size. This is a long term hold for me. I'm getting comfortable. See you next year.
Price hasn't been this low since October 2018. I see a mild retracement at best around 30-50% of the Resistance Zone. I'm taking my shot.....I entered at the blue price line. I'm shooting for the green horizontal rays. I see a Home Run in the future. Small lot size w/ long term hold. I'm playing it safe while taking the risk!
This is my analysis of EURUSD to short. NOTE: - The Stop Loss is set to above the previous 4 hour candle's high, for this current anticipated trade opportunity at the 1.21250 zone. The profits, would be anticipated to be taken at any of the shown green-highlighted, levels labeled 'KEY LEVELS to secure profits.' - The main idea of this analysis, is that I...
Price is currently in a support zone. My stochastics are "over sold" on the daily and 1 hour. The 4hour is on its way up. I feel that price will test at least 50% of the most recent high. I measured this on the daily but dropped to the 1 hour to find trend patterns. Good luck. Take Profits are to the right!
Price is currently in a support zone and has hit the support 3 times. I believe this is a triple bottom pattern. Stochastic is also "over sold" on the daily, 4 hr, and 1 hr time frame! My take profits are the blue lines. Price may test at least 50% of the recent high.
I feel that price will attempt to test 50% of most recent low. The stochastic line is testing the lower half and I know earlier this week price over exaggerated. I used the fibonnaci to retrace certain percentage points to take advantage of the pullback. I will trail my stop loss once I get a decent amount into profit! TP's: 1. 12844.31 2. 12670.22 3. ...
Can see the breakout on the chart, should manage to fire down to existing support over the next few days
hello traders, making a DT on gold. making a sum way HH and knocking liquidity before going to the downside.
gonna wait until Thursday and see what happens as reports come out before the news hit to make this judgement. looking for price to retest the support before going up if it doesn't simply continue to go up If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT If you disagree let’s talk this thing out! I’m a new trader looking to learn and grow with...
Price broke out of flag. Waiting for a retest and if the previous low isn't broken I'm entering. This is a slow mover but might be worth it. If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT If you disagree let’s talk this thing out! I’m a new trader looking to learn and grow with this great community so let’s work! Hope your trading week is going well!
Weekly - Stochastic around 40’s? N o Previous low broken? Y o Previous high broken? N Daily - Stochastic around 40’s? Y o Previous low broken? Y o Previous high broken? N 4 Hour - Stochastic around 40’s? Y o Previous low broken? Y o Previous high broken? N 1 Hour - Stochastic around 40’s? Y o Previous low broken? Y o Previous high broken? N 15 Min - Stochastic...
Weekly - Stochastic around 40’s? Y o Previous low broken? Y o Previous high broken? N Daily - Stochastic around 40’s? Y o Previous low broken? N o Previous high broken? Y 4 Hour - Stochastic around 40’s? Y o Previous low broken? Y o Previous high broken? N 1 Hour - Stochastic around 40’s? N o Previous low broken? Y o Previous high broken? N 15 Min - Stochastic...
I feel that bitcoin is on a new verge of reaching the 2017 range after covid has really decreased the USD. Even paypal is allowing its users to buy bitcoin. There are no new lows being created on the smaller time frames. The 1 hour and 4 hour stochastic is slowly approaching the top while the 5min and 15 min the line is challenging the bottom. I'm guessing that...
Why will I enter?! Daily: Price is in a support zone. Stochastic is approaching bottom of the stochastic. This tells me that price should test resistance soon. Used Fib to track up to 50% of most recent high which near the resistance zone. Line is at 50.97. Last time price was around this range it shot up. 4 Hour: Stochastic is at the bottom of the line. This...
Why will I enter?! Daily: Price is in a support zone. Stochastic is approaching bottom of the stochastic. This tells me that price should test resistance soon. Used Fib to track up to 50% of most recent high which near the resistance zone. 4 Hour: Stochastic is at the bottom of the line. This would normally tell me that price should test the resistance at some...
Why will I enter?! Daily: Price is in a support zone. Stochastic is at the bottom of the stochastic. This tells me that price should test resistance soon. Used Fib to track up to 50% of most recent high which near the resistance zone. 4 Hour: Stochastic is at the bottom of the line. This would normally tell me that price should test the resistance at some...