Weekly Timeframe. We can expect $11-$13 on the next run-up, before a significant pullback. No utility accounted for. We expect it to be in this area on/by Q1, 2021. Once we clear and retest the 0.75$ area, we're all clear for launch.
Historically ATH or highs are retested before continuation. We expect no different for BTC on this run.
We're taking the leap! Go small. Long term weekly trade.
Potential retest occurring now.
Watch closely, go small.
ZXY is looking bearish. NZDUSD short on H4.
Could the next few weeks be the much anticipated Dollar correction? TA says so. Fundamentals have been screaming so for over a year...
*We just used DXY as the example. This is true across the board! The Big Drought A 10-year analysis on the S&P shows that the markets remain the poorest in the three summer months – June, July and August. Most traders tend to sell their positions in May, and try to reinvest in a fresh positions once the summer is over. August Is the Worst Summer Month Most...
Taking a long term short position on AUDNZD weekly. Go Small!
Going for it! Both GBP & AUD look like they may get weak, but SL:TP ratio is solid.
USDCAD – USDCAD Is a Powerful Pair! FEEL FREE TO GO SMALLER! Buy __ __ USDCAD at 1.32176 (NOW) -> sl: 1.31001 tp: 1.35113 (small lot – or half of normal small lot) On 1.00 Lot: SL = -117pips & -$889 TP = +293pips & +$2,222 Little cluttered, more for us to monitor than a clean setup: CXY looks like it will drop hard. BUT DXY still runs the show and weakness...
GBPCAD – Untouched chart -> Just fun to show, nice to see when we open up a chart that plays worked out. NEW SHORT Trade H1: Sell GBPCAD at 1.73299 (NOW) -> sl: 1.73556 tp: 1.72524 (small lot) On 1.00 Lot: SL = -25pips & -$194 TP = +77pips & +$586 Setup: Zoomed In:
Multiple Short Opportunities on EURUSD From Monthly to H4 Timeframes. Quarter of Normal "Small Lot" (1/4th) Small Lot = 0.05 per $1,000 *Balance* MAXIMUM EURUSD Weekly/Monthly Short *Long Term* Trade Sell EURUSDi at 1.18029 (NOW) -> sl: 1.21091 tp: 1.09109 On 0.25 lot : SL = -306pips & -$765 TP = +892pips & +$2,230 We want to get into this trade. We...
Not for accounts under $10-15K Sell XAUUSDi at 1949.58 (NOW) -> sl: 1997.01 tp: 1838.52 1/10th normal small lot. H4 Timeframe SL = -$474 TP = +$1,110 Just letting everyone know what we're doing. Not a trade for many accounts! Retrace hit our .5 fib perfectly. Entering our short now.
Buy GBPCAD at 1.72742 (NOW) -> sl: 1.72219 tp: 1.73838 (Small Lot) On 1.00 Lot: SL = -52pips & -$395 TP = +109pips & +$829
Going for an entry after a few weeks of avoiding the market. DXY looks like it's retesting and going to weaken. SMALL LOT! Sell USDMXN at 22.7597 (now) -> sl: 22.9584 tp: 21.5089 SL = -198pips TP = +1,250pips (large/wide TP *for now) 1.00 Lot = SL = -$872 TP = +$5,489 (large/wide TP *for now) Plan accordingly H1-H4 Timeframe
6/10 trade. Roughly 40% risk on SL hit. Go small. Manage closely. We've entered knowing the factors above. buy USDCHF -> sl: 0.96134 tp: 0.97596 (small lot) -42pip SL (1.00 lot = -$438) +103pip TP (1.00 lot = +$1,076) **HOWEVER** **we** may have to drop SL lower, so act accordingly.
GBPUSD short. BXY potential weakness coming this week. DXY looking like it will gain some strength off the support trendline this week. However we do see the potential for GBPUSD to break to the upside for one more leg first! We have entered with our standard "small lot" (0.05 per $1,000 balance), however you may want to consider going half of that....