Target is around 118, but well see how far we can push it. Confirmation will be needed for stop.
The picture speaks for itself. This is a great opportunity to short EURGBP, but it has some obstacles on its way. Therefore we split the trade into three positions as shown on the picture. As soon as the price goes 0,50% in profit, we move stop på BE for all our positions.
Gold has reached an ascending trend line. If it breaks that trend line, we will very likely experience GOLD reach the price of 1125 pr. OZ. That price is based on equally distant moves and last lows. But remember this trade should only be executed in case it breaks the trend line.
With a bearish trend, I will fade the short term trend and short GBPAUD. Move stop to B/E if price goes to 0.618 fibb. If everything goes well, we will be able to push the trade more. Updates will occur.
There is an opportunity to buy GOLD if it breaks the descending line. As shown on the chart, there is possibly an ABCD pattern that can make the price fall a bit before the possible rally. Stop can be put under the last low, when entered. Target is at the 0.618 fib retracement. However, to get the most out of the trade, we need to see how it acts up there.
Long-term long opportunity on AUDNZD. Technical setup is on point. Put stop to B/E if the trade goes in 0.90% profit. Manage your risk.
A bullish butterfly has completed on AUDNZD and gives a signal to go long. Manage your risk.
I see an opportunity to go short the market on XAUUSD with great R/R. Manage your risk.
There will be an opportunity to go short the market on apple. The entry will be when price breaks the rising wedge bearish. Target will be at the trend line shown in the bottom. Happy new year!
Tesla is now at some support. If it breaks the support, we hold the trade down to the hosrizontal support. If it, however, bounces we must exit. My strategy will be to put a stop at 318.
Looks like BTCUSD is making a H&S which gives an to go short the market. However, be careful of fib support and support from trend lines of the rising wedge.
Tesla is meeting som resistance. Consider shorting it. manage your own risk.
A bullish divergence with support on AUDUSD. Push stop up to breakeven when it is in 0,1% profit.
Bearish breakout. Game plan: when 1% in profit, we move stop to entry-price and eliminate the risk.