Hi looking for price to come up towards the trend line then looking for a sell. Divergence on the stochastic. Any feedback good or bad is appreciated!
price is at a resistance dating back from October 10th 2010 and a trend line that started feb 25 2016. If price continues to fail to break above this zone we can see price make a correction and begin to go bearish. We also have a bearish divergence on MACD and Momentum.
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 21 Major Cross-Rates (of this 1st Week 2017) statistical data @ my GOOGLE Drive drive.google.com Best regards Aaron
A short position I slowly stepping into. I am aware of the possibility of a reverse. The magic T (not drawn on this chart) is telling us cash have been build up and it might go long soon. But I have a feeling there is a bit to be gained here before that happens. This one should be traded carefully. I have a tight 100 pip stop loss and just a minor position in it.
Gbpcad Trading around 1.6620 Where its change its trend on weekly if hold below 1.6850-1.69 we can see a toward 1.62-1.58 level soon. we can see many bear candle on weekly chart. Advice sto sell in range of 1.6620-1.6750 sl above 1.6850 TP1 1.6250 TP2 1.58
Gbpcad trading around 1.6790 level where its ignore above 1.70 level also Trend line showing high made and as fibo also its completed its move toward 0.5 level now we can see a drop toward 1.63-1.64 Advice sell in range of 1.6785-1.69 sl above Trend line 1.7020 TP 1.64
GBPCAD SHORT DESCENDING TRIANGLE , BEARISH TREND CONTINUATION
My win on this is currently on 1:2 R/R. Check the last update It was a triple top at the end of an A-B-C elliott swings I want to take more.... Let's rock this one
Price completed a double zigzag pattern awaiting a proper breakout. I want to target 1.6433 and 1.5960 Stop loss at 1.69991. I discussed this in my last video.
FX:GBPCAD Safe Trades;
This pair look trending down after broke the trendline, you can sell now with TP on blue line and SL above trendline. Sorry my bad english :D
** Be patient, to Maximize the profit and reduce the risk ** Got in SHORT at 1.6368 TP 1 : 1.6269 TP 2 : 1.6234 SL invalidation LVL ~8 pips ( 1H TF is big to place SL** --- **looking to get back in LONG from get in : 1.6234 ~~1.6269 TP1 : 1.6365 TP2 : 1.6509 SL should NOT be bigger than 10 pips! ********* I love this kind of situation where the trend is about...
Awaiting rebound off resistance and counter trend line break. Then short trade to fib extension D
GBPCAD Buy RSI Brakout or trendline breakout