hey guys, analyzing the price action on EURUSD we may notice that: 1.14 is our current structure high once it was reached, the price dropped to 1.123 structure support and failed to retest the high, setting a lower high. then one more retest of horizontal support. equal lows and a new bullish movement brought a lower high again. for now, bulls are clearly...
USDCAD is falling like crazy. here are the strongest key weekly support levels to catch a pullback: support 1 - 1.33 - 1.335 area based on a major rising trendline and a horizontal structure support 2 - 1.30 level based on a horizontal structure Closest key resistance: 1.37 - 1.38 area based on a horizontal structure also, many questions about the...
Potential scenarios for EURUSD: bearish scenario and how to catch it bullish scenario and how to catch it enjoy!
EURUSD started a strong bullish movement. Multiple strong resistances are ahead. Key levels based on 3 days chart analysis: Resistance 1 - 1.11 level based on a resistance line of a major channel + horizontal 3 days/daily structure Resistance 2 - 1.12 level based on a horizontal weekly/3 days/daily structure Resistance 3 - 1.15 levels based on a horizontal...
USDCHF keeps contracting within a classic symmetrical triangle formation. with a sequence of lower highs and higher lows the market is clearly trading in sideways. quite soon its gonna break and the side of the breakout with high accuracy will show as the future direction of the price. in case of a bearish breakout, the next goals for sellers will be 0.96 /...
Weekly recap, we got cut short at the end so watch out for Part 2! We are focusing on checking the below to remove moving forward some of the losing trades that weren't valid for last week; - Did the H4 break the ema cleanly for the new signal to be valid? As shown this was not the case on the GBP Buys for last week so they werent valid or probable. - Do the...
A review of EURUSD H4 timeframe since November 2019. 83% win rate, see how easy it is? Regards Darren
👋🏻Hi, guys! 👋🏻 We continue talking about the types of trading. 👨🏻💻 🎯Today let's talk about SWING TRADING (especially for @monguilhot) 👉🏻Swing trading is based on the analysis of fluctuations in stocks, index and currencies, which last several days. 🌟 A swing deal can take up to several months. 👉🏻Unlike the intraday trader, the swing trader is unlikely gives...
Hi guys, here is a simple Swing Trading strategy for Ripple BINANCE:XRPUSDT To trade this strategy manually you will need the SuperTrend indicator, paired with a 25 bars EMA as trend filter. Set the ATR multiplier to 2 and the lookback to 3 bars. Filter trades whose ADX on the 1 Day timeframe is below 12. Backtest results below. Configuration: To get the...
Quick Video swingtrading stocks journal for the CSIQ Stockover a 1 Year period. During the last 1 year period we have used the tradethefift Roller Coaster and ElliottWave Indicator suites for TradingView to swing Trade the CSIQ Stock. There were 7 trades in Total and only one loser! In this example we use $1000 risk per trade and the Result is a $7450...
I am a learner and not a professional Trader - I am in opinion that the RELIANCE looking Bullish - If you also agree with your own analysis, please comment.
The trend still remains bearish at the moment. but if the pair manages to reach neckline, we will see a reversal pattern and potential formation of Head and Shoulders pattern. If you think our analyzes are useful, support us with a simple "Like", thank you and trade with care! Cheers.
FOREXCOM:XAUUSD WHAT I EXPECT IS SHOWN IN CHART , HOPE IT WOULD BE HELPFUL FOR ALL ! GOODLUCK
Steps to Swing Trading: 1. Find a trend: uptrend in bull price action chart, or downtrend in bear price action chart. 2. Analyze the trend to find the best entry points on that trend. That means finding the HL higher low points in and bull market, and LH lower high points in a bear market. Look for HLs in a bull market, and LHs for a bear market. 3. Confirm the...
Looking for GBP/AUD to continue its long term trend. Looking for the currency pair to hit my sell zone. this is a nice swing trade setup.