Matt_Forex

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Last visit Joined 4 years ago @matt_forex
Markets Allocation
100 % forex
Top Mentioned Symbols
NZDUSD 25% | 1 CADCHF 25% | 1 EURCAD 25% | 1 EURUSD 25% | 1
Matt_Forex Matt_Forex EURCAD, 240, Short , 4 years ago
EURCAD: 4hr Short with a 200ma break
232 0 0
EURCAD, 240 Short
4hr Short with a 200ma break
With a confluence of resistence above the 1.26556 area, a short should be considered with a break of both the 200ma and 1.25770 support area. To reduce your risk wait for the retest of the 200ma / prior support area. Placing a stop just above the prior support area. Once support is broken the first profit ...
Matt_Forex Matt_Forex EURUSD, 60, Short , 4 years ago
EURUSD: Bearish ABCD 1hr
626 2 1
EURUSD, 60 Short
Bearish ABCD 1hr
The ABC portion of this pattern was forming nicely. Once point C was established the move to point D has become quite sloppy, although none of the pattern rules have been violated. Price action did tag the 1.236 fib retracement but given the rising RSI channel I do not think the move is complete. Please let me ...
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Philadelphia, Pa. United States Matt_Forex
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