XAUUSD POTENTIAL MOVES ON 2HR TIME FRAME 11.11.2020
Since I am up today . I will be entering this trade with very low risk. As I am still learning a new strategy, I still want to get involved in the market but will not risk big until I am completely confident.
With the small candle at point A we can see that the bearish selling has been getting weaker. The MACD shows strong bear strength but could quickly weaken. As they are loosing buying strength. How do I know they are loosing strength? Take a look at the RSI. WMT returned to its normal range of 48 for its RSI and does not historically stay that low very long. Follow...
Looking for potential buys or sells to fill clean candle ranges on the hourly, sells are preferred as there is a very strong support with multiple rejections. Levels are marked out on the chart, could be a potential trade for the day.
Bullish hourly EU. Only if you have a bearish DXY view tho
title says it all. entry and stops on 5 minute chart
GU the last basket pair to start moving
Hey there, like this post and follow me for more trading ideas! Got a short term long trade possibility here on ETH. 9 Buy on the hourly chart, exactly like Bitcoin. Make sure you profit from these trades! Cheers, Konrad
because EU stopped me out last night will be trying EU and holding UCAD
96 seems to be the battle ground. Long EU for now and a usdcad trade you could take off this chart
EU broke finally broke through the resistance zone. Lets see how far it can run
this trade is based off the DXY idea linked below From this point on I will be posting DXY and EURUSD charts ONLY. If you want my analysis on a specific pair you have to message me.
DXY has been breaking key levels of support and is currently holding under 97.1; giving me a bearish outlook on usd/xxx and bullish on xxx/usd. IMO UsdJpy is offering the cleanest chart and the best R/R so I will be trading the yen in correlation with this chart, click to view trade idea . If we get above 97.7 that would invalidate this idea and I would look...
here are a few plays we can take based off this chart EurUsd and UsdJpy I also closed my shorts for now over here
DXY is starting to get into selling territory. Expecting to see a test of 97.3 to 97.5 and if conditions are correct i will be taking a position in EU and possibly a few other pairs I will link a USDCHF chart I see a few plays on as it seems to be correlating with DXY the most of the basket pairs. More charts to come as we reach 97.30s in DXY which would be...
FOREXCOM:GBPAUD Hello Traders, this is the analysis on GBPAUD . A double bottom has reached its height, we expect a retest of the neckline and a continuation of the down trend. Entries are on on the chart and if there may be a bullish continuation I will update. Remember we can only react and not predict the market.