Price has rejected the weekly zone with a nice wick, there are a couple of 4hr zones to be mindful of but if price respects the weekly zone could see some higher price this coming week
EURUSD looking like a textbook completion of a reverse head & shoulder pattern, however I would rather wait for it to continue down to the support level marked in black for my entry
ENTRY ---> BLUE
SL. ---> RED
TP. ---> GREEN
USDCHF is finding itself around a major resistance area(1.0015) price has already pierced through this key level which appears to be a false break to the upside hence it quickly came back in. Im waiting for a pull back to retest this resistance level, then go short on this baby.
Im overall short on this pair till the 0.95... Area
PS im new to trading and still...
La tendance de fond reste baissière sur le QTUM depuis le début de l'année
Le Cours évolue actuellement au sein d'un range entre 0.000575 et 0.000590
2 Scénarios possibles dans les jours à venir:
1) Une sortie par le haut du range nous donnerais une première cible sur l'oblique en rouge qui passe entre le niveau des 0.5 et 0.618 sur la projection fibo en...
It seems like we can be witness of a nice bounce trade for Kiwi Yen. We have Chikou span that is free with Bullish TK Cross and future indicating more bullish run ahead of us.
USDJPY Indicating further downside movement to come.
Considering a possible SUN/MON 'pop' up to 111 - 111.2 where I will be looking to sell with a maximum of 35 pip stop loss
Minimum of 3:1 Reward to Risk with targets between 110 and 109 :)
I am not (yet) a licensed financial adviser and this analysis does not constitute as financial advice. This is for...
Price took out two previous lows and got rejected from my support level. It also formed a double top.I put the SL @ 1.2247 and my Target @ 1.2326 just below our next level of Resistance. My entry is at 1.2263 so my SL is 19 pips and my target is 60pips. That is a nice R:R of 1:3.
First idea publishing lol
Zone to Zone £$£$
Chart should be pretty self explanatory...
Entered my position last night before i went sleep and forgot to publish lol but i believe we can re enter the trade next week so lets see how it turns out.
Will keep you all updated in the comment section below. Have a great weekend!
