Similar to yesterday's $EURUSD trade, I'm simply looking at a potential shorting opportunity as price action works it way back towards previous structure resistance. Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered,com -The Premier Online Trading Education Company YouTube goo.gl Facebook: goo.gl Twitter: goo.gl You Can Also Follow Me...
Price action on the Euro ended up rallying right up to the previous level of resistance that we predicted. Although we didn't see the full trend continuation move that I had on my radar advanced pattern traders were able to take advantage & profit from a pain free bearish bat pattern completion. Price action has now given us a HHHC about previous resistance...
The detailed addition to the USDCHF currency! Market's target 1.00100. T/P 0.99600, S/L 0.98100
NZDUSD short oportunity. Waiting for a candlestick formation on a lower timeframe.
On FX:GBPUSD , we have seen dramatic fall on Friday. It is clear that Bears are in control of the price, but lets look at a bigger picture. We have a trending market. It is going upward this month, because it makes higher high and higher low on 4H bars. Also, there is a nice trendline, which is acting as dynamic support three times and it is more likely that...