Could be looking at trend continuation. SL: 1.6135 Entry: 1.1685 TP: 1.6385
CAD seems to be strong these days although fundamentally we know that's a lie. SL: 0.9045 Entry: 0.9025 TP: 0.8945
Simple trend continuation setup. Should price retrace to previous low around 1.7080 and show signs of rejection, it could be a good entry point. SL: 1.7120 Entry: 1.7080 TP: 1.6920 TP will be adjusted should the price swing lower.
Made newer lows from end of last year and we're now retesting a previous low. SL: 2540 Entry: 2515 TP: 2415
Clear uptrend retracing to previous resistance which would now be support. Can XBT stay hard without a blue pill? SL: 3690 Entry: 3790 TP: 4090 Oh and happy holidays wherever you are!
Downtrend is still in effect according to the yellow line and lower lows marked by blue lines we've made since end of November. Red line represents most recent support area which I expect to break. Once it break, I'd look to sell any move back to 1.8400.
Retest of a previous low. Will this 1st resistance hold? SL: 1.7660 Entry: 1.7610 TP: 1.7360 So TP seems a bit far and probably but last move was roughly 280 pips. I would definitely need to wait for one pullback before it heads down again.
This is an early setup. Price broke through resistance and should be setting a higher low around 0.8950. I'll wait and see if the support holds over but if it does. It'll give me an idea of where to set entry and SL.
Broken through support and will probably close below it at this point. Massive sell-off. Bears are still in control but what if 50.00 is a good support? Is this a false breakout? I'll look for selling opportunities as it retraces to 50.00 or 54.00 but I'd need to see a good reason to keep selling when it looks like this trend is running starting to slow down.
Bearish trend continuation. Broken previous support and looks like some structure on lower time frame. Structure isn't as strongly defined but what's the point of living if you never take a chance. There's some consolidation but also decent rejection at highs. Since this is a trend continuation, I'm willing to extend target based on how the trade goes. R:R -...
Structure around 144.50 was broken and again around 143.00. Looking for short opportunity around 143.00. SL: 143.35 Entry: 143.00 TP: 141.60
Resistance around 1.0000 since last week has held and we've broken structure on lower time frames. Support around 0.9870 seems to show a really good target or we may break it. SL: 0.9900 Entry: 0.9960 TP: 0.98700
GBP is bearish and it'll probably keep going that way until January and may extend to March of next year. SL: 1.8365 Entry: 1.8265 TP: 1.7965
Price has been shown to bounce from this level. We're now at this level and based on the previous trend, there could be more momentum to the upside. TP: 0.70100 Entry: 0.68500 SL: 0.68100
Trend has been bearish since Nov. Broken 2 support levels and probably structures on lower time frames. Sell pullbacks to next support level. SL: 143.80 Entry: 143.20 TP: 142.80 Something very important to keep in mind about GBP. Fundamentally GBP is very unstable due to Brexit. Coupled with poor economic data since Brexit was declared fuels the bearish...
Very high demand zone. To put it simply, it's a zone on top of another zone. Demand is very strong at this level and should we pierce through will there be more demand waiting lower? Below are prices we haven't reached since summer of 2017. Are there more pending long orders if we go down? We'll only know when we see price reach there. For level on level trades,...
So far this year, this pair has been in a strong downtrend. It made a lower low but now sits at a low unseen since 2016. The last time price was this low, it went back up pretty fast and every time we came close to those lows since then, there's been a lot of demand. The odds of this pair going up at this point are pretty good. Pending order: SL - 0.9320 Entry...
Last time price was at this range it shot straight up. Sellers may have started closing their position the last time which caused the move up but this time. New sellers came in and closed even faster. I'm tempted to think selling has started to dry up and we may look at some move up from several long-term sellers (March) looking to close their...