☑️In the video I give a detailed breakdown of the current technical situation in gold
Later in the video we discuss trading plan for both the long and the short trade
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🎥Video Idea Update on EUR_USD short Trading Plan
I Discuss What to do if you want to short
And I also give advise on how to manage the position to those who are short already
❗️Find the initial EUR_USD idea in the Related Ideas Section Below❗️
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My name is Sem, Im from the Netherlands and Im 16 years old.
Today we look at GBP/USD that is going to rise in a few days.
It is an long term trade.
Already gave my tp and sl in this video.
In the video, I discuss my technical analysis of the USD_JPY
From the falling channel to the bear triangle that many people were trading
Further, I discuss the bearish and bullish scenarios for the pair
And give my guidance as per the trade entry's and targets
If you want to know more, feel free to watch the video!
After reaching the upper side of the trend line GBPUSD started its downward journey and as the previous week the GBPUSD was opened with a big gap its because of the weekend political and pandemic news. And the Brexit talks are also dragging
Watch a quick video to get an idea where we are with XRP at the moment. This video covers chart patterns and technical analysis.
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this analysis is based on fibonacci + trend line + channel trading + support resistance lines
there are many more analysis about this currency pair
sorry for my lack of English
hope you Understand me ♥
please comment in below to more communicate
This is Trading With Mky ♥
OIL is trading in a falling channel/wedge and is approaching a confluence of resistance level.
Having missed all the long opportunities I am looking at a short trade and I am waiting for the market to present me with the reversal pattern.
IF this confluence fails, My next short target area is the 43-44$ massive daily...
GOLD is trading in a rising channel with the smaller rising resistance mid-channel being the closest to watch.
We've missed all the long opportunities so far as any buy now will be a buying high with dubious risk-rewad ratios.
Thus we are looking at a short. The first good looking short area is the confluence of the...
EUR_NZD has reached a confluence of support lines, thus I am bullish and I am looking to enter a long trade.
For us to enter a long trade, we need to see the conclusive breakout of the resistance of the minor falling channel.
Wait for the confirmed breakout, go long on pullback,...
EUR_USD has respected the support confluence and is surging upwards.
The strong bullish movement in ongoing, that is most likely a reaction to the US presidential elections.
All the long opportunities are gone as far as I am concerned, so we will be looking at a short opportunities.
A good area for potential shorts is...
The previously discussed short on GOLD played out nicely and now we are seeing Gold bouncing up from the support.
There are no long opportunities on gold now, but there might be two potential short spots.
One, at the confluence of the falling resistance levels. The other, at the confluence of the green horizontal key...
EUR_USD has found a support at the previous lower low level and has broken the falling channel resistance level.
The breakout is confirmed and so we are all aiming at a long trade.
For a long trade, we need a pullback from the current highs , and then we go long from the level that you can see on the chart.
BITCOIN has hit 14.000 dollars! Congrats!
It is surging on the fundamentals including PayPal incorporating Bitcoin into its payment system,
The Turks and The Chinese using Bitcoin to escape the draconian capitals controls to get their money out of the country, the "halving" of the mining reward etc..
On the technical...
EUR_AUD is trading above the broken key level, while also respecting a diagonal support.
So the target trade is a long.
For us to enter a long, we need the small downward channel resistance breakout confirmed, a pullback and then depending on your trading style a straight long or waiting for the pair to provide you...
USD_CHF has reached the lower boundaries of the daily key resistance level.
Coupled with the double top with the second top being the lower high, I am bearish on the pair.
Now, depending on the style of trading you prefer, you might wanna enter a short now, If you are an aggressive trader,
Or, you need to wait till the...
BITCOIN has had a bullish rally following the news of PayPal incorporating Bitcoin into its payment systems.
Now, on a technical level, there is a buying opportunity from the support confluence of the channel and the horizontal key level.
I would not recommend any short, even though a movement downwards is likely too, as...
OIL has fallen following the strengthening of the dollar and rumors of the slower economic recovery due to the 2nd wave of Covid-19.
On the technical level, oil has reached a support confluence of the smaller and greater parallel channels as well as the major horizontal key level.
Therefore, I am bullish biased, based on...