A reversal candle pattern is forming when price reached 93.07 near the channel resistance.
If you’re aggressive you can start changing your trade direction but if you’re conservative trader then wait for price to break the trend line.
Good trades ;p
Here’s a quick update that shows us what to expect. Currently price is making a retest on a demand. If this demand is strong enough it will lead price to break the support of the channel.
As I said before, bounces are more frequent than breaks then let’s prepare for everything! Keep your eyes open
Hi guys. Usd shows us that he want to move more lower. On Daily timeframe, we have a limit level at 1924.47 that’s really interesting !! as usd is losing strength.
Gold is starting a new Daily bullish trend. Let’s ride it from next open price. Be ready to follow the trend ;)
Usd broke the range resistance and make a new lower low we were expecting from the beginning. Now it’s retesting the support level which will turn into a resistance...
Time for trade
#Sell USDXXX pairs
#Buy XXXUSD pairs
Price is consolidating between 92.84 and 93.36
Right now we can scalp in the opposite direction of our last trades.
I will wait for price to move out of this range to give you new trades to take.
If you can, scalp on buying USDXXX and selling XXXUSD.
Good trades! And stay online for updates
Us30 is in an uptrend and makes a new higher high. There’s a nice retest on a recent supply. If this retest is valid, price should not back to 28271 level. Let’s buy and hold ;)
#entry price 28304
Risk: 3.5% /Stop loss 28270
We ha a nice QM level at 0.9082 and price is in sideways Market which means a trend will follow. Right now price makes higher highs and there’s more probability it’s moves up since usd start gaining strength trying to break 93.34 resistance level.
#signal: Buy stop at 0.9111
Risk: 2% / 0.9070 (41pips)
target: 0.9240 (151pips)
An opportunity for short comes out. Price previously hit a resistance level (QM at 106.50), if it breaks the current channel down then it should drop...
#signal: Sell stop at 106.17
Risk: 2% / 106.60 (43pips)
CADJPY makes a new higher high and create a swap zone. We are waiting for going long at 80.50 with a big risk/reward.
#signal: Buy limit at 80.50
Risk: 2% / stop loss: 80.30 (20pips)
Target 1 : 81.70 (120 pips)
Target 2 : 82.30 (180 pips)
Good trades :p
Hello guys, Davy’s here... we cancel our last trade on EURUSD. We have a new sell opportunity that’s showing up.
Price makes a compression Breakout on 1hr and it’s retesting. Usd still in uptrend market sentiment... We are not going to enter at market order maybe it’s a false break, we will wait price at 1.8070
#signal: Sell stop at 1.18070
Hello guys, usd is still moving in an uptrend channel and he is losing bullish power, candles spread shows it... there’s indecision in the market.
If usd breaks the channel and close below 92.96 then we’re gonna close our active orders, delete pending ones and look for new trades in the other direction
If usd just retest and keep moving up we stay in our...
We plan to short EURUSD at 1.17800 with a 2% risk and 1.3 risk/reward. Usd is trading higher and EURUSD is showing lower highs. We expect a new lower low Breakout which will lead price to drop more lower...
#signal: entry price: 1.17800
Risk: 2% / 1.1850 (70pips)
Take profit: 1.15700 (210pips)
GBPUSD makes recent lower highs, since usd is start gaining strength and fails to make a new low, I’m expecting to see GBPUSD trade lower at 1.29400
#signal: entry price: 1.30550 (Sell stop)
Risk: 2% / price= 1.31600 (105pips)
Take profit 1: 1.29400 (105pips)
Take profit 2: 1.28350 (210pips)