First I strongly recommend you to look at my last idea which I relate it in here in order not to take the wrong path. 1. We're now at bottom of channel. 2. We have 2 AB=CD moves. ( pink and blue lines ) 3. We need a retracement after this sharp dump. But remember ! It's just a retracement. So if you wanna go long just scalp and put your stop some pips below the...
Regardless of the result os Brexit 🇬🇧 it’s clear that what the market will be doing before holidays. It’s in a broad bear chanell. You can now go short and long. 60-40 ! I’d take this high probability chance. Keep an eye out for brexit negotiations on Sunday btw 🇬🇧 Cheers 🍻
Brexit is falling. Negotiations were awful. Leaving fundamentals alone, we're forming LL and LH s. Keep it simple.
I think that anytime soon we gonan have a good drop in this pair. But as drawn in chart, first let it go down a little bit and when retracing back to the rectangle make a sell position. Use any of two given SLs. The upper one is preferred. For now I'm putting this pair aside unless it retraces back to the orange. ( Analysis done under S&D methodology ) Peace.
Since the price could break the weekly bearish trend line and now is retesting the zone, we have a demand zone which is respected yet. So you can long USD pairs as long as this area is respected! One pip below the orange rectangle and the analyze goes poof. Lucks.
If you’re planning to short this pair, red rectangle will be your best shot.
Not much description for now. EURU is in trading range in red rect. Plus the pink trendline is acting as an obstacle for the uptrend. (Maybe first it'll retest the top of red rect. In case of BO of rect, buy. Although I don't hold my breath for it.) FX:EURUSD peace.
You want a scalp? Sell at exact same price right now with 20 pips Stop or candle being closed above pink line ! It’s a now or never . maybe for 30-40 minutes at best. If u wanna take it u gotta hurry. TRADE AT YOUR OWN RISK! RISKY TRADE 🚨🚨
If I was forced to trade XAU I would surely choose Long 📈 bcuz the price has broken a daily dynamic resistance. By the way with high chance of Sleepy Joe winning america’s economic will be screwed in long and short term in favor of democRATs! 🐀 So... Better go long! SL would better be around 1880-1890 ! Gold trading is risky ! Trade small lots ! Bests !
Everything shown on the chart. Better to enter short on this current price bcuz of the real real low risk and the price is formed bellow dynamic and static resistance lines.The stop is around 1912. BUT if the price could pass these resistances enter long with the prior stops. TO SUM UP: LONG POSITION HAS HIGHER PROBABILITY AND SHORT POSITION HAS LOWER RISK! Gold...
I usually consider triangles a good opportunity! This triangle has been mixed with Elliot by the way! Personally I went long for this pair! Anticipating the price to reach an area rather like the high of prior rectangle and more. Put your stop below the right red rectangle! Bests !
According to my last idea on EURUSD we had to be in short and now it’s time for profit taking. Enter Long position on 1- orange line 2- red rectangle! cuz we have a nod in orange and the red is the 1.618AB=CD and 88.6 DA Correction in XABCD pattern. Good and logical trade. But first wait for confirmation! Regards !
This pattern made sense to me. Personally I’m in a short position already till the fib target. Watch the red Channel in chart! Buy ONLY IF price bounced off of it. Trade with small lot sizes due to USA presidental election. #MAGA 🇺🇸 🦅
Simple advice but can prevent your account form a massive call margin! In 2 weeks as you know we have USA 🇺🇸 presidental election! The market during this event has a huge volatility ! I’d extremely advice you to close your blue position during the election day or at least trade with small lot size! Be safe.