PAIR : GBPAUD REASON : My reason for entering this trade is quite simple. We are currently in an ABCD movement and are now looking to complete it by taking profit at D Leg. Missed my entry point at C leg but fortunately enough price action given us another another entry point and now looking for price action to head towards our take profit.
sell with a high Financial Leverage you can be a millionaire
Looking bullish. With brexit talks most likely remain in a range. Wait for price action. Signal sent to clients. Join today.
The Chart is logarithmic not linear. Basically a long term investment opportunity. HODL This trade is only valid for the long term investors with strong patience. The bearish trend is almost turning into bullish but a slow burner ;) DGB had a long bearish trend because of so many weak hands and charts doesn't show any day traders swing but recently there's an...
BIAS : SHORT DESCRIPTION : FROM MY LAST PREVIOUS POST YOU CAN SEE THAT WE WENT FOR SCENARIO B WHICH WAS WAIT FOR PRICE ACTION TO BREAK OUR SUPPORT @0.71700 AND RETEST SUPPORT WHICH WILL BE RESISTANCE AND HEAD DOWN TO OUR SUPPORT @0.70700. CLEAN SIMPLY TRADING. GOOD LUCK TRADING !!
I've been watching this pair for a while now and sat back to really just let this trade come to me. As you can see we've been stuck in this bullish channel since august and are still in it. I'm currently in this trade as we speak, reasons for this our simple. Price action hit support at 132.000 were we got a bullish reversal Doji candle, this indicates change of...
The short term trend is bullish, but the longer term (day/week) is showing a possible reversal. Must wait for confirmation, but looks like a good setup.
AS stated in my previous analysis with stunning accuracy we've hit a resistance on this pair with the first green line we STILL DESPITE MARKETS here being way overextended have some more POTENTIAL UPTREND which in reality is a BIGGER time frame move potentially one we have not seen IN THE LAST YEAR or so or we can have a NICE FREE FALL DOWN to god knows where...
I belive Eurusd is going to head back into the 1.14586 area to retest a key support level. Currently price is in no mans land. Once price reaches the key resistance level drawn in, we will be looking to sell it off to our first take profit level of 1.09456. So for now this trade is going to require a lot of patience, as we will not be looking to do anything with...
We can see EURUSD has made a sharp fall to the downside, the first take profit level has been breached at 1.09456. Now that price has fallen and closed below the first take profit level we will be now looking for our second take profit level: 1.05737. In addition, we will wait for a retest of the new resistance level and then look to sell it off.
Very basic set up. I believe USDCAD is going to sell to the 31.8 fib level, which is also in confluence with a mini structure level: 1.33440. Furthermore i also believe its going to sell off as you'll notice its at a key resistance level in which its rejected 3 times already : 1.34131. Moreover, its also decent risk to reward oppourinty.
I believe we are going to see Eurgbp make a move to the upside towards the 0.92523 level. As you can see we've already had a spike at that level previously in September, the market has pulled back significantly, which i believe is only a breather in preparation for another rally to the upside. Moreover if you look back, you'll see the 0.88285 level acts as a key...
hit nice fibo level... powerful resistance broke,,,, time to hit the upside and BUY!
EURUSD SEEMS TO HAVE BROKEN THROUGH IMPORTANT DAILY SUPPORT AT 1.11200 INDICATING WEAKNESS ALSO LOOKS TO BE BREAKING ITS ASCENDING CHANNEL! DOLLAR INDEX LOOKS STRONG WITH YELLEN INDICATING RATE HIKES BEING PROBABLE NICE SETUP FOR SHORTS TO WEEKLY SUPPORT AT 1.1000 AND BEYOND TO 1.08250
We can see on the H1 chart a double top has been formed. A good oportunity to short for intraday. Then when price gets to the 1.4300 level!!! whould have lots of confluences to go long as a swing trader....
We have recently seen big bullish move on the 1h chart giving us the opportunity to catch a lot of pips on the way up to the monthly key level. Anyway this is a BEARISH MARKET and we've got to be really carefull. We don't wanna get caught on the shorts. This trade is taken on a 1% risk on the capital of our account.