Unfortunately i had the trade ready almost, just when bitcoin started to drop and pump so i missed the perfect entry at the low. Now i will make another attempt and try to see if this small wedge on the left plays and try to get in around the orange circle. Now again while writing a broke up. I am posting this one, but i will wait with the entry, want to see how...
Looking for a final push up with a quick dump to previous support.
Hello traders, BOC will increase interest rate, DEC job report will be better due to more jobs because the holidays, also sales will be better, oil prices is getting higher soon. We expect Trend is going down from 0.9220 NOW to 0.88 In a month. Trade safe, if it goes up high to 0.93 Then give it another sell from there, it will come back. Manage your lot size...
Break of Mondays high above major pivot in price. Follow for Daily FX and Crypto trade setups and educational content. Original idea by Ribz
Wait for a nice pullback and look for the ideal buy entry!!!
USDNZD - Short to 1.45 area H&S Reversal
pairs been consolidating for a while now, its forming a bull flag. i can also see lower high but not higher highs . i see a clear strong resistance ( might be some bank or hegde fund or someone with big money to push the pair down) but soon they will run out of money and the chart will just go where there is least resistacne ( my guess is up). i might be...
The price failed to break the resistance level of the triangle the price is currently within, the price looks like it has gained bearish momentum and has started to move down, this was expected as the RSI was at an overbought position when the price tested the resistance level. I think the price would move down from here and test the support level, there is also a...
New trading suggestion: *The price is in a down trend and we forecast the down trend would continue. * There is still possibility of temporary retracement to suggested resistance line(0.71750), if so, traders can set orders based on Price Action and expect to reach short-term targets. Entry signal: Signal to enter the market occurs when the price comes to...
Stop at 1.16264. Strategic Entry 1.16020. Rolling it for a 2-1 risking 1% of account balance. Goodluck! T1 1.15766 T2 1.15512 T3 1.15258 The red and green P&L drawing appears deceiving. Because it was drawn on a higher time frame it appears as though price has been traveling through it for the last day or two. The drawing was applied 10 minutes before the...
4 hour Setup bar H 1.31193 L 1.31096. Puts our Entry at the break of the small bearish candle, E - 1.31076. Stop behind the high of the lower time frame higher high from Wednesday, S - 1.31236. Instead of taking the original entry, I'd like a mini pullback, I'm not rushing this market. Strategic entry 1.31156. Taking the full position to stop or T2 for a...
This cross presents the perfect storm of opportunity. Look to short and target at the same level to go long. Long targets are green. Weekly view:
Congestion will soon be over; we'll see this pair head lower.
The pair has been in a strong decline for the past 10 days now, and looking at the higher time frames there is no real reason for any counter-trend trades at the moment, which is why I'm considering a short position with the first small pullback we will see in the lower time frames. The primary target is the key level of 0.72220. When and if the price reaches...