I am looking out for price to move to the level of support marked around 140.168. From this level , price then has potential to retrace up to 142.239 before making new lows to meet our targets marked as take profit one and two. Always manage your risk, risking no more than 2% on the trade. Stop loss, take profit levels and entry point have been marked. Trade...
Bitcoinnnnn! Absolutely loving the market structure that the cryptos are forming, it's starting to look familiar which gives us opportunity to make educated guesses as to where the market may go. All markets go through this and the reason they all begin to follow similar patterns is due to us Humans. We to do the same things over and over which then reflect on the...
Price is really showing potential for bears to dominate the market on the 4HR. At the moment, price is sitting at a zone of support and will most likely retrace to our entry point. ( i have marked my entry at 50% fib retracement ). Should price get to this level i will be entering bearish ( sell). If price trades lower from where it currently is then i will adjust...
We have seen price move bullish and we are currently at a price level where we may see price make a final push upward. Price is showing potential to extend a final time. Should price move in our favour, i would suggest you scale out of your profitable positions.
At the moment USDCHF is sitting at critical support and is showing potential for price to retrace ( and gain bearish momentum) before making new lows. If price does indeed move bearish, we will be looking at the two levels i have marked as take profit levels. I would advise scaling out part of your position at the first take profit and allowing the rest to ride...
EURUAD is showing potential to continue moving bearish. I have marked up potential areas of support and resistance where price may retrace from to move toward our entry point before moving towards our take profit 1 and 2. Ideally, should price move in our favour, you want to scale out 80% of your position at take profit 1 and let the 20% ride risk free to take...
Welcome back to my video series. In this video i have covered trendlines, it's important that you understand the basics first before you move onto any advanced.Don't be in rush, trading is a skill that requires patience and practice. I have linked the video to support and resistance and trading timreframes. If you have any questions or comments, leave them down below.
COINBASE:BTCUSD SUPPORT AND RESISTANCE COVERED! It is so important that you understand support and resistance. It may seem so basic but this alone can make you consistent profits. Understanding where the market may pivot is an edge you simply can not afford to not have in your technical plan. If you have any questions or comments, leave them down below and i...
In this present moment, we are witnessing Ripple decline which was pretty much the trend this year. From a techncial standpoint, price is showing potential to continue it's decline to $0.12 where we will meet a solid point of support. Should price move to this zone, we will review it again for a sense of direction.
Hi all, I know i am abit late with the video feature but better late than neverrrr! In this video i have covered the key trading time frames and the things you should be looking out for. What would you like me to cover? leave your comments below and i will get back to everyone! :)
What a year it has been for this pair! We should still expect bearish momentum on this pair until the gap is closed. Price has been diverging heavily aswell, so in the near future we may see a Bullish EURUSD once the bearish cycle has completed. Entry, Take profit levels and stop loss level has been marked.
NZDCAD overall is in a Bearish trend and currently moving bullish after meeting support in what i would class as a retracement of a bigger move to the downside. You should be looking at how price reacts once it gets to our entry zone as well as divergence. Stop loss, Entry and Take profit have been marked.
Price is currently retesting previous previous now resistance and showing potential to move bearish to our targets. Overall market structure is bearish combined with RSI diverging from price. Risk no more than 2% on the trade.
We sa price previously break the trendline and the retest it before falling again. At the moment, price is sitting at a level of support with potential to move bullish temporarily and retest our entry point before moving to our targets. Take profit 1 is marked at a risk to reward ratio of 1:1 Take profit 2 is marked at a risk to reward ratio of 1:2 Happy trading all.
At the moment, GBPUSD is showing potential to continue bearish. We may see price find some support around 1.21972 and retrace to re-test the zone around 1.22906 before price moves bearish to complete the setup.
Again, we have price in a potential pullback at the moment. Price is showing potential to move bearish to our target.
Price is bearish and showing signs of a continuation with potential to move to our target. We can see price respected that trendline by rejecting of it and moving bearish. SL marked at red price level, TP marked at green price level.
CHFJPY has been a pretty bearish pair and at the moment, price is showing potential to re-test the zone i have marked at the grey price level before falling again. Bear in mind that price has been bearish for quite a while so we may be nearing the end of this bearish trend In that case, Price also has the potential to move up bullish to our stop loss.