DMartin-

DMartin-

We are bearish on this trade for few reasons: 1. the price is between weekly support and resistance at 0.92 and 1.00 2. the price in forming a descending trend channel and price has made a touch on trend line 3. We will be looking at more confirmation to sell with a better entry to reduce our time in loss and maximise profits. SL currently at 0.9647 from current...

DMartin- Updated 

Good evening traders, I am looking to SELL for few reasons: 1. Support has been considerably broken by some distance 2. There is a double top confirming the bulls have run out of steam and they need let the bears in before making another move up. 3. The market finished its distribution stage after an uptrend. I have 2 potential entries in mind: 1700 for the...

DMartin- Updated 

Good evening traders, I am looking to SELL this pair as it has 3 potential confirmations that I will be looking at: 1. there is a descending triangle forming about to be broken 2. price is consolidating towards the trend line 3. There is a support at 1.7490 which has the potential to be broken Tips: don't rush, wait for confirmation in form of candlestick...

DMartin-

Good morning traders, I am looking at this chart from quite some time, as you can see we are coming towards a decision point here but I still expect a retest of the Lower Low formed on 14th of April around the 178.40 area before making any moves, after quite an extensive downtrend we usually have the "accumulation" coming into play or it might even form new lows...

DMartin-

At the time of writing this pair has already made a move in the descending triangle back to previous support area, look for entry in the small timeframe for quick and easy pips

DMartin-

Good morning traders, we have a current support level where we did have 3 rejections, in the meanwhile we can trade inside the triangle. I do see the volatility getting smaller but there is some time for that.

DMartin-

I am looking at GBPUSD entry at around 1.25 to 12510 with a SL some distance away from the minor resistance that I marked out to avoid being taken out by possible long wicks. TP inside the descending channel on 1.24. Looking for entry after pullback.

DMartin-

Good evening traders, this is my analysis for this currency pair. I do believe that we will see a retest of the current low of the area of interest that I marked for you (09/2019). There a huge support level on the weekly chart and I do believe this will be a crucial decision point where either bulls or bears will prevail. I marked the support level between 115...

DMartin- Updated 

The price broke through the triangle pattern to the downside, we are expecting a retest in the area of the SELL ZONE (previous support turned into resistance) and we will be looking for a sell set up.