This was a perfect setup on gold. Hope you all made some money on this no brainer
Price on the weekly and monthly chart demonstrate price being at a key level (61.8%) retracement. That being said as seen on the daily time frame we have divergence with oversold on the RSI. On the opening of the market (for those day traders) price can reach 1.6000 then we may begin to see bearish PA. Our first downside target is in confluence with key structure,...
GBPUSD our psychological target is 1.6000 within this year. However our weekly outlook is to 1.5300-1.5450. If price breaks above 1.52850 then we are looking to enter at 1.52900 to our first target of 1.5300 then to 1.5400 with a stop loss of 1.52650. (HOWEVER PLEASE CHECK CANDLESTICK FORMATIONS ONCE EACH TARGET HAS BEEN MET). If price breaks below 1.52535...
Hi traders!I am long right now from 1.52260 on this. Targets and S/l are shown.Trade with care! Good luck!
Big move from $MU today. It is pushing towards breaking the channel. Will it continue, or hit resistance again?
Yes,it's pretty simple,but it does not mean it's not worth a shot. We can see a strong daily fib level there at 61.8% I am long from 1.08940. Good day,good trading
So as we can see price didn't got a new high but made a lower low! In few days we can see nice and fast correction move down before continuation of bullish trend based on fundamental basis!
Have a bullish pin bar on the daily and weekly time frame. 200 EMA acting as magnetic support on the daily. Our upside target being 1.23650.
Trade set up short on the breakout of the trendline, could have a safer stop loss at 1.55400. If price breaks below 1.5050 then we would look to further downside potential of 1.4900-1.4500. Being Bank holiday weekend in the UK i believe price would reach at least 1.5200 by the end of the trading week.
Hi scalpers, AUDUSD is now in the bottom of the channel, so you can keep scalping it long up to 0.80800. Stop is at 0.78500. Happy scalping!
I believe on the announcent on the interest rates would keep the USD bearish. Analysing the USD Index alone; we would be seeing further decline. Targets for EURUSD for the upside is 1.1450. If the announced is Bullish for the USD we would re visit 1.0600 level.
I believe price would reach 1220.0-1245.0 then looking to go short to levels 1145.0 then 1050.0. However, we would be seeking PA conformation around the levels stated. If price breaks above the weekly trend line price level 1280.0 then we would be looking to go long.
Go Long and enjoy huge profits $$$$$$$$$$$
Hello Traders last week we see big interest about this stock i was make quick analyze why it is very good stock to add to your portfolio. From candle analyze i come with that we have Engulfing Pattern which was testes with hammer last week overall i see here uptrend for now
This is a long setup based on technical analysis for short term (fundamentals are against this trade)! Tight SL and TP.
Short entry setups for the EURUSD pair. After some healthy retracement another bearish continuation of the bigger trend is expected by my indicators. Longer term trades though. For all my trades follow me on twitter! @fredericvdc The account keeps growing with my new strategies. Short and long term trade setups!
Indicators are all good for a short setup on EURGBP. Bigger downward trend is supporting our short move on the pair. Two potential profit levels. First one just above the support level at which price is bouncing in a small range. Second profit level on the 61.8 fib level for the confident trader who believes support will be broken and further downward movement is likely.
Looking to buy GBPUSD above the orange line at 1.13813. Targets are 1.14587 and 1.14890. Stop loss will be placed 20 pips below the 1.13146 support level.