Entered a short position on GBPJPY @ 154.07 & will look to short more around 154.18. Stops above 154.55 and targets @ 153.60-153.64. If you choose to take this trade manage your risk and trade wisely. This is in no way trading advice. Trade at your own risk and make sure not risk more than 1% to 2% of your equity
Short GBPCAD @ 1.7123 & 1.71097 Targets @ 1.7062 - 1.7056 Stops @ 1.7166 If you choose to take this trade manage your risk and trade wisely. This is in no way trading advice. Trade at your own risk and make sure to not risk more than 1% to 2% of your equity
GBPUSD climbed quickly upwards to 1.3939 earlier in London session and took out retail short trader positions, who had placed their shorts right above the Fridays high. While this takes other traders out of the market an opportunity is brewing right as the pull back pressure seems to be calming down. If you like what you see, give it a thumbs up and comment what...
Looking to Buy EurUsd from the next support zone @ 1.2050 with stops under 1.2020 and targets @ 1.2180 & 1.2240 Risk to Reward seems good enough R:R(1:6 & 1:8)
Looking to buy GBP against the green back in an area of support zone where market has tested the zone a few times already, Shorting doesn't make sense until the trend has indeed changed and reversed which so far is not the case so we will look to buy around 1.4080-1.4090 with stops under 1.4060 and targets @ 1.4180 & 1.4240
Looks like Bnb is making a decent recovery after losing its gains. Reasons To Consider A Long Position on Breakout & Close. 1. Potential Inverted Head & Shoulders Pattern Formation. 2. Trend Line resistance from 12th May might break after retest. 3. Decent Risk To Reward Ratio. RR 1:1.5 Short term. RR 1:3 Long term 4. Long Term Bull Structure above lows @ $186-$218.
TRADE SETUP # 1 ( Based on Trend Continuation ) Buy BNB around 328 Stop @ 316 Target @ 372 TRADE SETUP # 2 ( Based on Corrective Wave & Trend Continuation ) Buy BNB around 288 Stop @ 272 Target @ 328 & 372
Bitcoin has finally tested its 200 Day moving average dynamic support level. Which was I something I was quite looking forward to. Seeing as its quite oversold. I am looking at a Key support zone @ $38K - $39K (200 DAY SMA). If price stabilizes and consolidates here it will be a good sign & give Bitcoin a breather in short term. Carefully keep an eye on where...
Reasons You Should Buy 1. Price trading well above 200 day moving average. 2. Price consistently posting higher lows & higher highs. 3. Decent volume. 4. Price weekly close was above 1.40 psychological level. 5. Good Risk to Reward ratio. Long GBPUSD @ 1.40 Targets @ 1.4140, 1.4230, 1.4340 Stops @ 1.3870 Please give it a thumbs up if you found this...
Key reasons to look for longs. 1. Price consistently forming higher lows & higher highs. 2. Price holding well above 200 Day Moving Average. 3. Price broke and closed above and held above the Trend Line Resistance from 6th of January 2021. 4. Decent price action & volume. 5. Good Risk to Reward Ratio. Buy Trade Setup Long @ 1.2060 Targets @ 1.2180,...
For Short term looking for longs on breakout and close above 1773. Once price reaches 1784 look for short setups. Buy Setup Long above 1773 Target @ 1782 Stops @ 1767.5 Risk to Reward (1:2.3) ---------------------------------------------- Sell Setup Sell @ 1784 Target @ 1763 Stop @ 1791 Risk to Reward (1:3.2)
Price has broken out of the previous bearish trend and its time to go long. First Target 1.52 & if that breaks as well and price continues to close above it we should see a retest of 1.955 with stops below the 200 Day SMA....
Going long on ATOMUSDT. The pair is trading well above 200 Day SMA on both H1, H4 and Day Timeframes. We have pulled back into a dynamic area of support and now price is looking to push back higher. Key areas for a retest are 24.40 , 27.40 & 28.50 Targets @ 24.40 & 27.40 Stops @ 21.00
Looking to buy XAU/USD from demand zone area. Entry @ 1763 Target @ 1782 & 1798 Stop @ 1756 Reasons to Consider Long 1. Price Holding Above 200 Day SMA on 4H TF 2. Price Trading inside descending triangle with a multi tested support zone. 3. Consistent series of higher lows and higher highs. 4. Decent Risk to Reward. If you enjoyed reading and agree with...
Binance Coin Market is trending pretty well and technically has valid and strong reasons to be pushing higher 1. Price trading above 200 Day SMA 2. Price continually posting higher highs 3. Dynamic Demand Zone is very close to 200 Day SMA 4. Buying dips here @ 425- 460 seems like a good zone for long positions
Entering long on XAUUSD @ 1786. Target @ 1897 & 1908 Stops @ 1776
Looking to go long on a breakout above 1.3948. Pound seems to be doing quite well across the board and we could expect a retest of recent highs around 1.4008 and a break above from there opens doors for further extensions of current leg up to 1.4036 (61.8%) & 1.4113 (100%)
Looking for long positions on gbp/yen around 151.02 with stops under 150.25. Price broke out of consolidation on the hourly and after an impulse has followed up with a decent corrective move lower. So buying the dip here with targets towards high back @ 152.00 makes sense in the current situation.