USDJPY is facing resistance at 114.30-60 area and we are going to test it with SELL positions at 114.32 and 114.62. So our strategy will be the following: Entry1: SELL@114.32 Entry2: SELL@114.62 SL: 114.85 TP1: 114.00 TP2: 114.20 (if both entries are triggered)
GBPUSD is heading towards its initial meaningful resistance area for today which is the 1.3275-85 area. We will test its endurance with SELL orders at 1.3275. SL@1.3307 and TP@1.3245
This is the vision In any case it's long Looks nice to keep buying for me as allways it's up to you @HodlCrew
Waiting for NYSE Open at 9:30 For Price to either Break above or below for a scalp trade w/ market volume. Right now the overall trend on the 4H TF is bearish, but on the 30M TF price is currently retracing. A quick buy to the upside is possible because of the clean candle on the left with a possible rejection from the 4H level of resistance to continue the...
Price hasnt been at these lows since the pre-pandemic crash last March. It is a significant historic low which is also a monthly support level. Its a good price for a stock that will certainly do well in the longer term. For a swing trade, getting in now and targeting range-bound resistance (confluence with 50% fib retracement zone) looks a solid, low-risk play.
GBPUSD is moving towards support area after Friday's weakness to confirm the breakout. A false breakout is usually a negative sign for a strong move in the opposite direction and for this reason we will hold our targets tight. We will BUY at 1.3195 adding more at 1.3160. 30pips TP target if only the 1st position is triggered and 20 pips target from the average,...
HOURLY CHART We had a strong push from the bulls last week and we hit our 1808 target level. Price was rejected at this level and retraced to the next Goldturn support at 1797 and candle close. However the week closed with a bullish candle close above 1797 and EMA5 yet to test so we may find support here to continue further movement to the upside. We also had an...
Hi traders Please check out our simple analysis of Gbp/Usd. Again this was on our watch list from a 4hr our perspective last week so I thought id share the daily perspective to give you the bigger picture. I do anticipate we could see the top of the channel but my exit will be at the 0.618 of the impulsive move. Do you agree with this set up? If you do...
NASDAQ:JD hello to all this is my first time sharing something here :) hope it be useful and any one have any opinion or trading idea please share please if you have something to share i will be thankful :) ============================================================================ I AM NOT A PROFISNAL : SO STUDY AND IF IT SUITS YOU DO IT ( IT IS YOUR OWN...
Almost getting to the entry at $119 once price breaches that area would be shorting it... taking profits at the TP Zone 1 but can still ride it down to the TP zone 2
Patiently waiting on AVAX to get to my entry point which is the 78.60% level once price gets there i am going long, TP target is $122 while SL is $108
EURUSD is making a pullback after last Friday's strong upmove. We are buyers at current levels (1.1275) but preparing to add more at 1.1230-35. We will set our stops below 1.1195 targeting 1.1355 and 1.1380-85.
AUDUSD is falling towards the 0.7100-15 area where the bottom of the channel that contains the move from October highs and the lows of last August coincide. The extreme RSI levels are sowing that a reaction is possible from these levels but a new low will be made as there is a lack of divergence... We will BUY at these levels setting the stops below 0.7070,...
EURUSD is heading for 1.1290-1300 area where multiple technical resistance indications are gathered as seen in the chart. We believe that the breakout from this area without prior retracement is difficult so we will test this assumption with Sell orders at 1.1295, setting the stops above 1.1330. Our initial target will be 1.1260. If a retracement occur before...
EMA5 challenging 1816 GOLDTURN level. If this breaks with EMA5 crossing over with candle body close then 1791 open. We will not be adding to any further longs till this movement is exhausted. Please like, comment and follow to support our work. Thank you, GoldView
EURUSD is forming a sideways pattern at the lows and the bottom of the daily channel. We believe that an up leg is in the making and it will lead at the 1.1320-25 resistance. We are Buyers at current levels setting the stop below 1.1240 targeting 1.1315-20. Initial resistance at 1.1300
Overall downward channel as we can clearly see, expecting price to potentially come back down and test the 1.34 price before going higher again, will enter buy when have more confirmation. Price broke trend line. waiting to retest the low. will enter long when see bullish candle rejection from this area. tell me your thoughts. regards, Mike
EURUSD has already tested the bottom of the daily channel that you can see in the chart below showing the initial signs of reversal and now the top of the hourly channel at the 1.1335-40 area is going to be tested. We have already bought small positions in order to test our upside scenario and we are going to add more with an hourly break of the 1.1340. We will...