We've reached the structure high of the ascending channel (as mentioned in the previous post) and have correctively broken it on the 15min timeframe (with a rising wedge). We've now broken back into the channel but since it's the daily close, we're going to wait until the spreads calm down (which usually takes an hour or so after the daily close). I'll be entering...
Here is a potential long trade set up on the Euro / New Zealand Dollar FX currency pair.
Daily Timeframe - Nice rejection of the daily bullish trendline drawn across the last 2 higher lows. Price has made higher highs through September so the higher timeframe is definitely bullish for me.
Lower Timeframe - Price has broken the 1hr bearish trendline and produced...
There is major potential on euro downside thats why i have been selling and going break even when possible to do so is a great idea could see some sudden moves on 30 april with the high impact news events , dont follow this its my trade this isnt a signal just to showcase my views if you wish to trade it thats your own choice .
Find Me On INSTAGRAM - @JRATRADA for telegram info:
EUR/USD Made an expanding flat now made 5 waves down creating wave 1, then made a WXY pattern which can be subdivided as 3 waves ABC , so now i have took a channel and i drew from the highs of the waves and funnily enough thats where the 'bars tool' touches , have fun trading risk sensibly.
Hi Traders , This will be my first post on Tradingview the aim is to showcase how accurate waves can be and help you guys learn.
- AUDUSD WXYXZ Correction looks to be forming
- the 61.8 / 50% fib levels is where we will look for longs
- Trade safe , feel free to message me as i have a paid telegram , or find me on instagram @jratrada
- AUDUSD Looks great plenty...
This pair is a fixed pegged currency pair ....right now price is just 10pips away from 7.8500 peg price. Going short is the only way for this pair at the moment except there is a change on the agreement on how this currency pair is managed.
Hi Traders, Im actually gunna put more then 10 seconds of thought into this post and explaining my reasons and how i will play out this trade , usually i just post the chart with no reasons or how you should manage the trade ,or when to go breakeven. However this post i will explain everything.
Reasons for the long: @
BTC Has been falling for a while towards...
In this chart you see i have a line line that seams to be imatating the charts movement , wrong . This is the XRP/BTC correction which happened last year and i have copied and pasted it from last years correction , and forecasted it over this years and its quite scary how alike the two are its almost a clone! , This is the best price to buy xrp right now as it is...
Nice high probability , multi argument short opportunity on the daily. In line with a short trade on EUR/GBP that I opened yesterday.
Euro showed some strength since the first round of the #frenchelections2017 and the US dollar surely suffered after the #Trumpleaks. These fundamental facts pushed the EUR/USD with some significant momentum into an interesting...
Really nice Shark pattern that the market has made us , if your going to trade this then keep your risk suitable and trade safe guys , i wish you a good week ahead :)
