Going Long on the EUR/USD following the trend the past days.
I am expecting the Price to hit the 1.2400 price target. Which will be my general Take Profit. The price might go above the 1.2400 and reverse at around 1.24100 and lower. From there we will see if we get a reverse trade for a short position or if we continue to keep rising immediately.
Once we hit...
we can see the third price movement on the VWAP which bounced today off twice. We can also see a bearish divergence which might come to a end. I expect the price to hit 1.2300 for a 5th Time. We saw the price testing the 1.23 level before the new years eve aswell as yesterday. I also think we can break trough on the 5th test.
So here is what i am...
I am back on trading after a lot of travel. So I will update you with daily Signals on my profile. I am not going to heavily into the analysis. I am mostly trading technically.
So to provide you Signals without much blabla the posts will in the future look like this:
𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤 𝐋𝐨𝐧𝐠 𝐓𝐫𝐚𝐝𝐞 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝟏𝟔.𝟎𝟕.𝟐𝟎𝟐𝟎
Long Entry @ 𝟐𝟒𝟎.𝟔𝟎
Take Profit Level...
Due my Indicators i am Going to Short the S&P 500. I will update you guys about the Trade Close and the Profit take (if there is one ;) ).
The Red Horizontal shows my Short entry Price i had and the Arrow the direction i am going. Happy Trading to everyone.
On my chart, you can see the Description for each Drawing that is on.
We will go from this point to a Swing Trading which means we Go long once we hit the Bottom Part and we go Short once we hit the Top Part. I also included Fakeout Zones and Stop Loss Zones.
If you have any Question please msg me or comment below.
Shorting Bitcoin for another 4-5% Drop check out my renko charting
I am using my Renko Charting Script + TA for this move, my last 4-6% drop prediction naild it lets see if we can do it again !
Predicting a 4-5% Drop this time
SL would be around $5217
As you can see on our 4 hour candle chart we have already 3 stair steps completed so i am pretty sure we are going to hit the last one aswell and will meet somewhere on our support lvl 1 between 6200 & 6150
As you can see on our 4 hour candle chart we broke trough our triangle pattern. We also have seend our confirmation candle and going for a sell goal between 3370 & 3385.
I wil update you as always on closing points
The Major Pair EURUSD is currently at a Major Support Level which was formed on 24. July 2017 and got tested in Oktober/November 2017 and latest on end of may.
Due to the ECB News yesterday we had a bearish trading day and tested the Major support level once again.
If we are looking at our charts we can see a descending Triangle formed on the...