Illusion is a good thing! Especially if it is a market type.
From my point of view. The downtrend is over and it's time for the bulls to wake up. This is the end of the line for the euro.
Support and resistance in pure mode.
__There is an inverted head and shoulders pattern (black color)
__ Exceeding the descending channel and forming an ascending channel (red)
__ He broke through the neckline at 55134 and scored the first goal 56780, then the second goal 58514, correcting it to 56999 and returning back.
__ He now has three Buying Goals: (green clip)
1) = 58514, which is the...
This currency has been in an uptrend for weeks now. there's a strong resistance @ 109.600 and 109.150. THESE TWO LEVELS HAS BEEN RESISTING THE BULLS FROM RALLYING. ACCORDING TO MY ANALYSIS THE PAIR IS GOING TO RALLY THE DOWNSIDE SOON TO 106.1. THERE'S A REJECTION @ THESE LEVELS. LETS KEEP OUR EYES ON TIS PAIR.
💡 Trade Idea
📈 Sell Order CAD/JPY @ 81.16
🎯 Target Profit 80.61
🛑 Stop Loss 81.31
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price was trading withing a wedge formation after showing a head and shoulders on higher time frame indicating a potential reversal from upward movement to a downward one. The price...
Price is rejecting the Resistance Zone. I expect price to go atleast go down till the mid.
We can see price is sideways after a Bear Leg.
Disclaimer
Trade at your own risk. This is not a financial advise. We are not registered/licensed organisation for Financial Services.
Hello guys!
Gold ist currently testing an interesting area of resistance on H4. We got a first rejection candle there. Now I´ll look at lower time frames for a short opportunity.
Best Regards,
Becker Investments
possible bull rally,
entry based on reversal candle
set SL/CL 30 -40 pips from entry price depend on your risk tolerant
set BE when price move over 30 pips from entry
cut losses run winners
RM,MM is a must
good luck and happy trading. TQ
Based on market crash a few weeks ago, USD from a personal perspective is looking bullish as it is trying to pick up with Trump pumping 2 trillion USD to prevent a market collapse. Eurusd looking bullish.
Look for entries in the blue zone.
