Hey traders, I'm currently looking to jump in on the second stage on a short on the EURJPY I took an initial short and cashed the profits. Now for the second swing here is what I'm looking at: Price broke an outer trendline and an horizontal support wich opens the door to a big move for the downside The ideia is to sell the pullback. The ideal entry would be the...
Hey traders, I want to share a trade were i am already in. No time to post it this afternoon but since we are just in the beginning it might worth to see if there is the chance to jump in. Here is what I'm looking it On the daily time frame price just turn bullish and now in the lower time frame printed a small retracement that give us the opportunity to buy at a...
After the drop from recent highs eurusd broke an outertrendline and as well some short term supports The pullback offer us a good rr trade on the sell side. Expect price to react around 1.1802 followed by a rejection More conservative traders can wait for a lower low lower close candle on 60m but the reaction to the level should be violent and fast. Another way to...
After a break of structure from recent highs price is now pushing into an area of previous support now resistence. Spite the fact we have later on FOMC, there is an opportunity from the short side to play this move.
Hey guys, i found this opportunity to short gold. After the 4h trendline broken, price retest it and was rejected. I´m looking at this level (1255) for a short opportunity with 3 targets. A good RR
Good potential up movement for USDCHF After breaking the 4h trendline price retest it and it is now ready to try an upward moviment. 2 Targets TP 0.976 TP2 0.9792
Price breaking 111.41 leaves space for a possible break to upside. TP1 111.79 TP2 112.25 TP3 112.68 Thight SL at 111.15
Explanation on the chart ----- NOTE: I mean price is making higher highs and higher lows
Hi traders i will use a straddle strategy setup (on the chart) to trade the cable tomorrow. However the setup has some specific rules to enter: 1. order will be in the broker system a few minutes before the UK elections results 2. This setup will not be used during the normal London trading hours A buy stop order will be used to get long and a sell stop order...
AUDUSD just completed a ratio confluence. Explanation on the chart
Price breaking dinymic support ( trendline) at a key significant level can push prices lower 3 targets 1 tight stop loss
After a consolidation price moved sideways and looks ready to break recent support. An opportunity for a trade continuation setup (lower highs and lower lows ) with a decent RR
EURAUD made a nice rally since the France elections. However price tested the daily resistence level and was rejected broking the 240M uptrend line ( red) and rotating to bearish momentum Now is testing again previous support now resistence. Selling this pullback pays a nice RR so i will place a sell stop order a 1.4549 SL 1.4578 TP1 1.44443 TP2 1.4345 TP3 1.4223
After hit a supply zone on a daily time frame, price has consolidate Also a bearish pin bar was formed meaning that traders are rejecting the 1.75 level. This comes in line with the bearish divergency between price and the RSI I will place a sell limit order on the 50% retracement of the bearish pin bar with a stop loss just above the high. This way i can get a...