Hello traders, If we manage to get a pullback after such a parabolic move towards the upside and break the 200 moving average on the 4h This trade has potential to move towards the upside much more. I suggest waiting on this one for some rejection before considering to enter the market :)
Hello Traders, If we get that 20ma break (yellow) then we could have a potential buying opportunity. However, if this does not happen you could potentially still enter the trade because the 1h timeframe all moving averages are below candlesticks. This could just mean we are on a slight rejection, before another continuation push toward the upside.
Hello traders, If the next candlestick manages to close as a bullish engulfing one we could have a re-test of the previous top level which would be pretty nice. Obviously split your take profits accordingly maybe in 1/3 and manage your risk to max pip gain. If however, this does not happen then we could be a looking at a higher timeframe rejection from a trend
Hey Traders... If the 50 moving average (blue line) is broken then it could be a nice little trade towards the downside to re-test the previous bottom trend If that trend breaks we are on a rally to go down and touch higher timeframe area of sensitivity. GDP for euro not looking good.
Hey traders, CADCHF AT THE MOMENT LOOKS PRETTY GOOD! bearish engulfing candlestick is forming after negative CAD news which should keep this trade running to the bear side for a while. Overall market direction is also bearish which is good.
Hey Traders, Hey everyone both currencies are being bought by institutions, the trend should not change direction, nice pullback towards the moving averages on the 1-4h timeframes, the 1h recent shooting star suggests bears are grabbing back their momentum. Weekly has broken into a new low, also a good bearish signal. 💰 💯 💰 TP1 - 0.6403 💰 TP2 - 0.6363 💰 TP3 - 0.6263
hey everyone this could be a good trade towards the upside, I am entering a little later then I wanted to, however I believe if we break the resistance we should be fine for a buying position, it broke past the resistance on 1 hour should continue to daily top. ✅
Looks like a great trade with recent broken resistance, with bullish engulfing candlestick this tells me a continuation is very likely to happen, the higher timeframes are also very bullish, and some fundamentals are also in favor of this trade. Here are the levels to trade and manage your risk 📍 SL - 1.0896 💰 TP1 - 1.0996 💰 TP2 - 1.1036 💰 TP3 - 1.1136
Hello traders, The fundamentals are telling me NZD will not stop falling and we are reaching support soon, but that is not to say we cannot make money if we get a pullback towards or near moving averages with a bearish engulfing candle formation that could be a great trade towards the downside to re-test previous higher timeframe bottom.
Hello traders, if we get a bounce off 25-50 moving averages with bullish engulfing candle this could be a good entry position, since USD is currently strong, it should continue its trend towards the upside :)
Hello traders, we broke past our 115.00 psychological level, this was a important resistance for us to overtake if we ever wanted to find a new bullish trend, it seems like this has already happened so any trade that bounces off moving averages and gives us a bullish engulfing candle will be a good entry opportunity for now :)
Hello Traders, #GBPUSD seems like a good trade towards the downside, it recently bounce off moving averages and gave a bearish engulfing candle to confirm the sell pressure, we also see a hit a new low, which typically means a push exhaustion push cycle :)
Hello Traders, Entering this trade was great and we made a lot off money, for re-entries make sure to wait for a bearish engulfing candle and a 25-50 moving average bounce, this should be a good confirmation to re-test the previous higher timeframe bottom :) If you enjoy these make sure to leave a like:3
Hello Traders, so after #USDJPY pulls back down to the moving averages it could be a good trade to enter long, it's recently broken an important psychological level and made a new high on the weekly timeframe, this suggests further bullish movement ahead, after the push exhaustion push cycle has ended.
Hello traders, Could be a nice #gbpusd sell coming up if we get yet another confirmation bounce off 25-50 moving averages with a bearish engulfing candle for confirmation entry. At the moment its bouncing off the latest support and forming a double bottom, but if we do get a bearish engulfing candle the price squeeze will likely re-test the bottom once again.
Hello traders, There could be a good re-entry opportunity coming up if #eurusd manages to get a bounce off 25-50 moving averages and develop a bearish engulfing candlestick, this would be a good enough reason to enter the trade short.
Hello traders, #AUDUSD looks pretty good with most timeframes trending towards the downside and a recent bearish engulfing candle does suggest further bearish pressure and momentum. The trade could also pullback to the moving averages so if you do find a better entry, or a candlestick bounce off the 25-50 moving averages that would be a good entry point.
Hello Traders, #USDCAD at the moment is in a weird predicament everything is a trending towards the upside except the monthly timeframe, but since it keeps making new higher highs and giving us bullish engulfing candle + its not far off moving averages it does suggest more bullish pressure and momentum.