After being being held down for almost 2 months, I now expect this pair to correct to the upside! We have strong MACD divergence on the daily and weekly charts at this key area, as well as 2 daily closes showing price is holding strong! 1Hr chart is showing signs of a reversal and is holding firm about 50 and 20 EMA I am looking to Take Profit at 50 EMA on the...
Heading into this week with lots of pairs on watch. After shorting this pair down last week, it is now offering great R/R for a long. This pair could make us some good money this week! If you like my posts, please give me a follow! if you want to learn how I trade, drop me a DM on here or on IG @saxonpooley! Have a great week!
I have been short this pair since 6/2/20 after it rallied into a great resistance zone. After a confirmation candle closed on the 1D I set a pending order to short this pair. I am looking at taking it to the previous low, but i expect it to move to the bottom trend line as I believe we are now in a down trend. Risk:reward was 1:2 but after moving my SL to my...
This pair is testing a very interesting zone. We have retraced to a support zone in a down trend, meaning we can now once again look for short positions! If /when this pair offers me a confirmation on 1H and or 4H as well as 1D, I will look to take this pair down to the pervious low, which also happens to be a round number. If you are keen to learn my strategy,...
After a strong move to the downside, we have now pulled back to retest this key area of (now) weekly resistance. I potentially will look to set a short order after 10pm GMT, once the daily candle closes. If you are interested in learning how I trade, drop me a DM!
I have been long since 4/2/20 after a a nice daily rejection out of a great support zone. This pair came down to the bottom of a major trend line as well as support zone. Looking to take profit at 50 ema on the day chart. My risk:reward currently sits at 1:3.5.