KC_Trades37

KC_Trades37

I am learning and trying to understand how Fib retracements work. This prediction is based off of .786 Fib retracement with a short bias at that level. SELL: 1.12288 TP: 1.11207 SL: 1.12787 RR: 1:2.17 Side note: Potential for 2 trades out of this idea...one on the way up, one on the way down. We'll see how it plays out. Please feel free to leave comments and...

KC_Trades37

AUD/USD has been trending sideways for the last few weeks and is now creating a ascending triangle with the major resistance right around 0.7131. The overall daily trend is downward; therefore, I would expect as the current trend narrows in the ascending triangle, multiple scalp opportunities will occur. If my predictions are accurate, each scalping opportunity...

KC_Trades37

I am a FOREX newbie and working on my charting/analysis abilities. I will be publishing my analyses to track my own progress as I enhance my trading skill set and to document my predictions that don't go according to plan in order to get better over time. In this chart we are coming close to the end of a descending triangle where I think buyers will give it one...

KC_Trades37

I am a FOREX newbie and working on my charting/analysis abilities. I will be publishing my analyses to track my own progress as I enhance my trading skill set and to document my predictions that don't go according to plan in order to get better over time. In this chart, 4H trend line has broken into a bullish wedge pattern. I expect it to retest bottom of wedge...