Price has sharply fallen into an area of support, there is opportunity in an potential bounce. Wait for price to turn then enter. enter at 1.31411 stop: 1.30620 Target: 1.33175
Dont forget to subscribe.
Price broke through a level of support and may have just come back to retest for resistance. place entry below price at .86867 Stop: 87618 Target .85429
what's your trade of the day?
Like, comment, subscribe!
I know some traders have already gone long, and i do agree. However if i have learned anything as a trader its to wait for price to turn before entering. Price could easily push even farther down. I would wait for price to return to 108.499 for entry, stop: 107.644 target 110.459
This is a bullish pin that has pushed through and rejected a Monthly resistance level. Although the candle hasn't closed yet this could be an amazing setup. enter below the candle at .99845 STP. 1.01021 Target. .98318. If the short order is not filled in 24 hours the trade is no good and close the order.
Price is retesting the POC for the current consolidation which is also a solid level of resistance since 2016, with the exception of a small peak in 2017. Momentum in the RSI has sharply fallen off leaving solid reason for me to believe price will continue any higher. Using the current price for entry and keeping the stop just outside the value area and a 2:1 RVR....
Price looks like it has found support that held in 2016 and again August to November. RSI reached the over sold area and has begun a move upward. I used current price for entry, recent lows for a stop and the peak from September for a target, It lined up nicely with a 2:1 RVR. Enter at 73.187 Stop 73.132 target 75.127.
Price hasn't moved much on the EUR/USD since the end of October. Since then price has been sitting on 2015 and 2016 highs as support support. Price is currently pushing up against a 6 month POC with a diverging RSI showing momentum behind price that as yet to break out. Using current price as an entry, lower edge of value as a stop and the first large volume node...
Price is trading in a small area between the consolidations POC and lower edge of value. price has to break one direction or the other. The RSI diverging upward from price action and trading close the the September low leads me to believe price is headed up. Im using the farthest edge of the price histogram for my stop, the current price for entry and the upper...
I looks like EURCAD is finding some volume support from the previous swing up. Price us currently trading just below the session volume, the divergence between price action and the RSI makes this look like a promising long for the next trading session.Using the current price for my entry, the edge of value from the swing up for my stop and the POC from the swing...
Price has reached an area that has held as resistance since 2016. The RSI is just inside the overbought area. Price touched the recent high and it looks as sellers are taking over. Enter around 1.63102 stop at 1.64022 target 1.58921
Price has fallen against am upward trendline and may reverse at this point. The RSI has flattened and price fell a bit further giving us a divergence. You can also see price fell to a long term point of control and rejected this low. I believe price will bounce to at least the short term point of control indicated by the blue line and if it breaks that all the way...