For educational and demonstration purposes only. Study purposes only. As we study, we see that Price is being contained within an ascending channel. We should focus our attention on price action within this channel,. Watch for price action. If price does not compromise ascending channel look to buy to key supply zone. If price compromises ascending channel look to...
Study for your confirmations. Trade at your own risk. Protect profits along the way.
We see a bearish impulse down. Price is now in corrective phase. Expecting to see a continuation downward followed by another flag. Trade at your own risk. This idea is for demonstration and educational purposes only.
This trade is for demonstration and educational purposes and does not constitute a signal. Trade at your own risk. We see price made an impulsive move to the downside and retraced to the 61.8% fib level. For now I am watching for bearish momentum to kick in. Using bars feed tool, I predicted continuation down as noted, which also confluences with trendline at 3...
Price contained within ascending channel. After break of channel expect re-test and continuation. For demonstration and educational purposes only. Trade at your own risk.
Monthly High Ascending wedge formation Price Retested and is making its continuation. This could make a very nice long term trade set up. Nice reward to low risk. Protect Your Profits along the way. Trade at your own risk. Join my team of traders and learn how to trade the forex markets. Includes free mentorship from me and a team of professional traders and...
This trade idea is for demonstration and educational purposes. Trade at your own risk. The chart says it all including confluences as noted: 1. If the current daily candle closes as engulfing bearish candle it shows the bears are gaining momentum. 2. Trendline confluence with 61.8% fib retracement would serve as possible TP1 3. TP 2, 3, and 4 based on fib...
Possible retest to 27,000 ish area . Fib retrace to possible 50% or 61.8; retest of trendline. Descending channel This is for demonstration and educational purposes only. Trade at your own risk. This pair is very very volalite. Join my team and engage with a community of traders, get 24/7 support, and an educational platform to teach you how to trade. Inbox me for...
Quick 150 pip buy. Price action at key level in the market is the basis for this idea. This would be a contra-trend, for a short buy opportunity. Nice pippage to grab. Stop loss under key support. I expect price to pull back to at least 14.05 ish. Be sure to watch price action along the way. Trade at your own risk. This idea is for educational purposes. Join a...
This trade idea is for demonstration and educational purposes only. Trade at your own risk. We see a possible teacup formation. Key things to note: 1. Price is being contained within an ascending channel. 2. Price is very well respecting the 50% fib level and using this level as dynamic support. 3. Possible makings of teacup in terms of handle formation....
This is an idea and not a signal to sell. It is for educational and demonstration purposes only. If you enter, you trade at your own risk. Always do your own analysis to confirm you agree with any idea before trading. With that being said, Price reached top of ascending channel and had bearish momentum. Looking for a pullback to the trendline and continuation of...
This idea is for educational and demonstration purposes and does not constitute a signal. If you take this trade, you do so at your own risk. This is simply an idea and not a guarantee. We have the following confluences: 1. Trendline as noted; price has tested this trendline on now the fourth occasion 2. Price is also sitting at a key fib level 61.8% from last...
This is for educational and study purposes and does not constitute a signal but a study. Studying confluences for a contra-trend buy for this pair. We are in a sell trend, but this would be the retracement before continuation back down. Confluences are as follows: 1. Price is in a key demand zone as highlighted. 2. Trendline confluence on the higher time...
We saw bullish momentum at a key support level. Price has broken the trendline. Suggestion is to consider a buy ONLY if we see a re-test to the trendline. Use other confirmations as well before entering trade. This is a possible 180 pip move. Trade at your own risk. This is for educational and demonstration purposes only.
Hey, hey, hey my fellow traders who love to trade the rand!! I've been a bit quiet on this pair and for good reasons: 1. My mother told me that if you don't have anything worth saying, to not say anything at all. The rand has been pretty much playing between ranges the past couple of days 2. A lot of the time, if not most of the time, we should spend time...
This idea is for educational and demonstration purposes. Please refer to the last post that's linked to this post where I gave the idea of a teacup for this pair. Please note that this is a lesson in that although we may have a trade idea, we must watch action and follow it out swing by swing. Although the teacup is very nice and pretty; prettiness doesn't...
This is not a signal but is for educational and demonstration purposes only. There are no guarantees this idea will play out. We must look at price action along the way. Here are a few confluences I see so far for the short term (they are not confluences for the entire idea; we must watch along the way and take what the market gives us. The teacup is not a...