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Hello traders Quick dinner time idea for today. Our strategy says it's time for a short on GBPJPY Working the H1 chart here with a risk reward ratio that is just shy of 1:2.5 Have a look and lets see where this trade goes. I never recommend jumping on random trades as it's not a consistency trading structure to implement. Any questions on the strategy in...
Hello traders and welcome to this free analysis breakdown. In this video you will see me map the market and show possible trade areas on the CADJPY . Once this pair gives me a valid signal i will place the trade idea in to the Honest Financial Community. I hope you have found this video educational, if you like our content then please like and follow the...
Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin NASDAQ ZeroMarket US100 Chart Analysis for April 9. This is a...
what a trade on confluences plus multiple rejection and hanging man candle.
- Strong momentum - Previous legs down have been sharp - Similar corrective move
Holding for a long entry here as the price has broken out of a recent downtrend and has retraced to support. - Enter when conditions are met
If the bulls are to take this market higher they will need to push through the waiting resistance level set by the previous highs and bearish falling trend as part of a long-term channel. - Hold for a break above resistance levels - Enter when price action confirms - Target 200EMA
Technically price has strong momentum on the approach to resistance above. If broken, we will see the price continue to test previous structure highs before retracing for more upside strengths. Still planning this trade on a daily chart for now but on the 4h chart, more divergence can be seen for a break above this level so I am confident. Bulls are on alert for...
- Divergence on the MACD - 2 strong legs down to support - Price in correction before more downside move - Wait for confirmation before entry
Bull Flags are a Range pattern and they are repeatable trading chart patterns. Bull Flags are descending range chart patterns that will have a directional bias (Long) depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. Whatever time frame you are trading this chart...
Very similar to AU, we are focused on a falling trendline that can give us confirmation of the upside. Bulls are poised to enter this trade when further confirmation can be seen. - Hold for break and retest - Buy LOW - Hold if the trade is a winner
Here we have seen AUD recover previous losses as the bulls are waiting to go higher. For me, I would like to see further confirmation past the falling trendline to complete the 3rd and final test. - Hold for a dip to break through resistance - Re-enter when price breaks highs and retests - Jam stops at 50+ or price action permitting - Scalp using MA strategy...
Another buy for SPX targeting new levels of high also managing R:R. If you're interested in how managed to find this trade & execute it then message me !
Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin NASDAQ ZeroMarket US100 Chart Analysis for March 31. This is a...
Reasons for trade: - Price retesting resistance - Bearish bias - MACD cross going down - Moving averages above price - not in order yet
After seeing the recent leg lower it's safe to say that the bears are looking to take this market lower. A recent divergence on the daily confirmed the move lower and resistance is currently being tested. The 4hr and 1hr charts are going to be key for entry points - only if confirmed.
This was a great trade. I didn't get to post it as GBPJPY was my focus, though it should be like my EURJPY idea. It's the same set up. You have the break of market structure, then a mini pullback. - ( sometimes you don't get a pullback if not I fib from the bottom support of the market structure ) I fib the pullback (higher low) to the high. I then wait for the...