Buying opportunity, appears to be a continuation to the upside for the continuation of our uptrend. Earlier entry was missed, however, this entry was made on a smaller timeframe, presenting an opportunity. Stay safe people. TRENDISYOURFRIEND
nice trend continuation position, entry confirmed from the lower timer frame. Stay safe people TRENDISYOURFRIEND
Break in the structure on both 1h and 4h time frame, entry also confirmed on smaller time frame. Entry is at the start of a new up trend. Stay safe people TRENDISYOURFRIEND
entry confirmed on lower time frame, trend continuation trade. Stay safe people. THETRENDISYOURFRIEND
Trend continuation entry. Entry from lower time frame. Stay safe people TRENDISYOURFRIEND
Trend continuation entry, hour time frame conformation entry. Stay safe people. TRENDISYOURFRIEND
Risk/reward is 1:1, risky trade, however, we are in a confirmed downtrend move. Stay safe people TRENDISYOURFRIEND
Following the trend of the market, price action entry on the small time frame has given us an opportunity to enter this trade. Stay safe people. TRENDISYOURFRIEND
Short position on EURNZD, nice trend continuation, we can see see our previous LH broke through. Entry was made on lower timeframe. Stay safe people TRENDISYOURFRIEND
Short position, continuation of the trend, entry taken on lower time frame. Stay safe people TRENDISYOURFRIEND
....FRIEND Remember guys always trade with the trend. The higher time frames are all trending down. The smaller timeframes are also trending down. This means one thing! SHORT. Sell on structure highs and ride them out to the new lows. Simple yet effective, that's the way we like it. Price action is king. Please leave a like and share your thoughts down...
Hi Traders! The market is in an uptrend. As you can see, the market has formed a trendline (purple) in the higher timeframes. It consists of the higher lows the market made and it shows that the market is very bullish. Some weeks before, the market was not able to break the resistance. But finally it got momentum and broke out successfully. After that it...
AAXJ held support at 72.45 on the daily chart. My next target is ~74.60.
EURUSD HAVE CLOSED BELOW THE 2 WEEK UPWARD SUPPORT! NOW WE ARE LOOKING FOR IT TO BREAK THE HORIZONTAL SUPPORT ( BLUE LINE) before considering entering short if the break holds and does not retrace ( false breakout!) The trend is your friend and even tho the last 2 week have had upward momentum the overall bias on the daily chart is downward. Knowing this we would...
AUDJPY have now reached support of a 2 week uptrend! However the overall trend is downward on the daily timeframe and the pair has formed a double top formation close to the overall resistance level! We will now look for short opornunities if the pair breaks through the 2 week support and rejects upward momentum! We will look to enter at 74.020 with the tp of last...
OANDA:XAUUSD has broken out of the minor triangle. I will await for a possible retest of the broken trendline. Also the Major LT trendline in green can provide major support for OANDA:XAUUSD . Trade tensions boosted the Yellow metal the past Friday. This week will provide a clear picture of where we are heading.
Hello everyone. I believe this is a bit different point of view on our mystery Bitcoin situation. I have been playing with RSI. Trendlines, 50 level, divergences etc... combined all together and found some interesting results. As per chart, there is always a wave up after price being under 50 RSI while actually touching 50 RSI... There are two important...