Buy Op
Daily/4Hr
Price has been in a downtrend but it is looking like we may have a reversal/breakout happening.
The 50MA has crossed over the 200MA on the 4hr and may be pulling back to the 200MA on the Daily.
Will be looking for my buy entry on the higher low/50MA on the 4hr chart and 1hr for candle confirmations.
Entry AREA 1.33360
SL 1.33008 (35Pips)...
Sell Op 4Hr Timeframe
Price has started a downtrend and is currently in consolidation on the 4Hr timeframe.
Shooting Star and Marubozo candle on 4Hr Resistance.
Looking to get in on the LH/4Hr resistance or the pullback to the 50MA on the 1Hr timeframe.
Entry 1.21200 AREA
SL 1.21860 (66 Pips) Use proper Risk Management!
TP 1.17500 1:5 Risk/Reward
DON'T...
NZDUSD Is looking to fall this week following this recent price action. Price action is showing us price breaking out of a 3 touch structure, but what is important is how we broke out. This is important because price has broke out in the formation of an ascending channel. This current ascending channel it is currently in is crucial because it could be a prime...
Good Afternoon Traders,
A couple scenarios for you all,
potentially we are in ascending channel as illustrated by the dotted trend lines, the highlighted area is my area of interest will Price action push into this area and reject or will we get a strong bullish candle close,
ideally for me if we do ill be looking for a further push out of that area and a...
Following up from yesterdays trades, I had a very clean entry here off the 15 minute chart once we saw an impulsive move towards the 1.12600 key level.Unable to break above the previous high. Smart money and sentiment is still bearish. Almost smashing through 1.11600 as I predicted.
How will we look moving into next week? I believe further downside is bound to...
Aki podemos tomar encuenta que el mercado a tomado un pulso bullish temporal que possiblemente sera impactado durante esta semana con el
Informe de Estabilidad Financieraal el Martes .
Support and Resistance Supply and Demand Candlestick Analysis XAUUSD USDJPY xauusdanalysis actionreaction priceactionanalysis priceactiontrading priceactionforex forexentuvida
EURAUD
*The 4H , 40 Day EMA is currently in a downward slope which indicates short term downward movement.
* The Parallel zone consists of the Weekly timeframe and this suggests that on a long term view FX:EURAUD is in a upward trend.
* Therefore we can expect downward movement towards the 1.65000 level .
* A buy option after this level will be most suitable...
Aki podemos tomar encuenta que el mercado a tomado un pulso (Bullish) que possiblemente sera impactado durante esta semana con la
Tasa de refinanciación principal el Jueves .
Trade setup for Gold in the 15 min timeframe. Price is expected to fall prior to the long term price dip. Large time frame showing a clear double top chart pattern.
Here we have GBPCAD that just jumped up from strong daily demand zone
also long triggered on H1 demand zone
There is potential for 250 pips target ;)
*Remember stop losses is made to be reached, so do not afraid to use it and do not afraid if trade stops out, that is undeniable part of the job.
