Price has been bottoming out for a few weeks now and we have an inverse head and shoulder at play on the daily w/ lower time frames quietly awakening to Impulsive engulfing candles. I can go on about the technicals but reference previous posts and you’ll see the original play is still in tact. Only difference is we are now in a lower high and higher low...
Brush up on the beautiful oil move this week (been waiting for it for ages)
Short idea, for me price needs to go lower ( green box ) and remember gaps ( 1.08 ) Always fill. if the pair reach this level i will look for longs at first but if we have a break and retest of the gap i will short for a further drop ( 1.06 level ). If you want to see my entry join our channel for free trade ideas.
USD/CAD has been the most controversial pair lately for a potentiall downside move and I think now is time to melt. I will use a four split take profit method aiming 1.3 or even lower.
Happy Monday fellow traders. If you’ve been following my posts (see below), you would kno is that we have been shorting the dollar for 2 weeks now using our multiple entry and multiple exit strategy (me/me), averaging our prices anticipated dollar weakness as the technicals have supported and fundamentals have pushed. For us swing traders, technicals give us...
The market giveth and the market can take it She is only fair if you are reasonable and disciplined. Have you been eating your popcorn like I suggested a few posts back? Weekly & Daily dynamic TL’s have been tested and broken. The nay sayers will come out of the wood works and tell you “but kind sir, it pulled back and closed above it so it failed.” Indeed my...
If you’ve been reading and following the last couple posts you would know that we are disliking the US dollar against the looney. If you haven’t thats ok, just make sure you check em out after this. It adds further confirmation to the ideas presented. If your dinner has been served and you’re ready to keep things simple then look at the weekly index for the...
USD/CAD has respected a rising trend line for the last three weeks with multiple touches and confirmations. Since then, price action stalled at the .768 fib level and weekly candle closed with a break below the RIsing TL with a long upper wick, signaling exhaustion and a turn in market sentiment. Looking for shorts at 1.325 and pushing for a retest of the 1.30...
Even if sellers start sell to 1412$ the new movement has been shaped.
price broke below hourly bullish trendline and retest it, giving us a very strong bearish movement
Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to...
Pound taking its full advantage of such situation.
Hi everyone ! I have for you you my EURAUD analysis. What I see now on the D chart is bearish divergence. So go short for now (1.5890 +/-), + I see on the D chart double top, It means for me that there is big chance that We will be on the short road in this week + RSI is pretty overbought on 1D too. Take care, everything is possible. Enjoy your life and...
This isn't financial advice or a signal to trade, past performance doesn't guarantee future success. Its just my move on the pair
EL Inc last night reached its highest point giving traders a good opportunity to short it. This morning after a bit of struggle, eventually gave way to a nice short and eventually resting at 145. Always, when shorting, take the highest price possible. This gives you a good opportunity to exit earlier that expected once you reached your target.
4:1 risk reward ratio. Will be selling to the bottom of the wedge structure. Ascending triangle. Fibonacci Pullback. TP - 1 At 150. TP2 - for 500 pips.
Hey Guys, from now on I"ll try to give as many information as I can provide for every single Trade I take.! GBPAUD started a Pullback after some strong bearish Monthly price-action. Also broke downtrend structure which means we probably won"t see any more waves to the downside, beside a possible double bottom in my view, taking out the last long stops before...
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