WHY we can do a short trade ?? because based on weekly trend USDCAD is bearish, so we can predict when CAD dollar strong we can do a short trade.
Besides that in the last 3 days, the black gold cannot push higher than 60 and a bearish hagging man on a daily chart was formed yesterday.
I set a huge stop loss in order to do add more sell at 61 (can be a right...
Next week will be a special week for gold to do Long trade.
There are two possible areas for a Long trade
1. 1430 - 1420 area (weekly Support)
2. 1410 - 1400 area ( monthly Support)
I will give you a further update when the time has come.
GBPUSD still side aways, and 1.3000 was strong resistance and 2019 higher high, from that perspective I can see an opportunity to break this sideways market.
I make 2 Scenarios from the same entry point :
Entry point: 1.2990
Stop loss: 1.3040
Scenario 1: TP at 1.2830
Scenario 2 if 1.28000 breaks we continue our TP to 1.27000
I will give u an...
yesterday my stop loss was hit, I found a good closing daily candle. I help us to do short trade.
The USDJPY still stumbling around 109.50( minor resistance). we do the short position
Stop loss: 109.70 (tight Stoploss)
Target Profit: 108.60
Safe trade & good luck!!
On 26 November 2019 USDJPY has tried to break 109. that was a good sign!!!
Today, we can do short trade from 109.20 - 109.10 area. ( fibo 78.60% area)
I have sold USDJPY at 109.10 with a stop loss at 109.50.
I will inform an update from further information about this.