. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
We seem to go to the Long Zone first, and then back to the dump area.
HELLO TRADERS - I always try to deliver you the high probability setups with good risk to reward ratio. - In this pair I have observe strong support below and price is moving inside descending parallel channel. - So we have great probability for long. - Let the price break counter line on smaller time frame like on 4h. "If you found this analysis useful Like & Comment"
USDCHF is trading to the downside today prior to the USD Retail Sales data, which records the total receipts for retail stores domestically. JP Morgan has stated they expect the data to be disappointing from the -0.2% consensus, which will be USD bearish. Technically the pair has broken the ascending trendline and we anticipate downside into the 0.9080 level.
Lets see how it goes. We have a support line, and it bounce several time since this morning from there, so we think this is a bullish. Put like and follow me if you agree with this idea.
How To Play The Chart Entries/Exits: Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 30 pips then enter the buy and...
EURUSD has traded in a descending wedge into the key pyschological 1.2000 level support. We've also seen PPO bullish divergence, another bullish indication for the major forex pair!
EURUSD Uptrend 04 03 2021 Continuing its movement in the global uptrend that began in May 2020, the price came to the support zone in the middle of this 1.205 channel. This zone formed at the intersection of the strong support level and the line formed in the middle of the channel. And from this zone, we have repeatedly been able to observe the price correction....
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WE COULD WRITE A 2 PAGE BLURRB ON THIS GOING BLAHH BLAHH OR JUST LET THE CHART DO THE TALKING YES LETS LET THE CHART DO IT
Hi dear traders! Buy GbpUsd now and hold! It will rise soon.
Anticipating another push down and watching price action around 1.5900 for break or bounce
09 October 2019 Short EUR/USD @1.09589 StopLoss 20 Pips StopLoss 20 Pips