Buy @ The support area. SL Below it. TP @ 122.753. Very nice RR of 3.16, will yield some nice profits if it goes well.
After a relentless downward move, we see now nome kind of a pullback or pause in the trend. There is still space to go down, for there is a magnet support at 4H timeframe (Blue line) To confirm that the trend has resume, we need to see a strong breakout, and execute within the plan rules. As you can see the price already broke the counter trend line giving us...
Bough the possibly* weekly false brake(*will see at weekly close) on the support of the trading range. Very similar to my previous MOS trade, will link to it for reference. Hoping for a push higher and if closing above 80 area, a possible upgtrend follow-through, surpassing MOS trade results.
AUDUSD is currently trading in a defined range that has been in play of a while. Price is approaching the the support line of the ranging market as well as the 50 day and 200 day moving average . Stochastic RSI is also in oversold territory. Wait for price to move lower towards the 50 day and 200 day moving average and buy on the bounce. Profit target should be...
Buy the reversal back to the trading range, if strong follow-through continues, then we want to see the break of range and pullback to range high, then high potential for trend continuation.
Nice 1:2 Risk reward ratio. Bearish inside range trend
Hello guys! happy new year. UK100 indice is printing a nice range here and as we can see, it's at a very important point. Break or reversal? Our 2 most important questions. AS usual, we're not the one to decide, so let's watch it and see what the market will decide in the next coming candles. As for a personal analysis, I bet for a reversal. Price is at the...
Hello everyone, we can see a kind of breakout of 1.45 level, is it false or pullback for a continuation? I can't tell. I need more signal to decide about which direction to take. For now it seems coming back into the channel. if so, I will go short and target the support level for TP, SL somewhere near 1.46 Notice, this level have been holding price for a very...
EURGBP is currently range bound. i am Awaiting a break out either side of range on the 2 hour to initiate either buy or sell trade. Downside targets would be a test of lower trend line around 0.826-0.82500 area Upside targets at 0.85000
Note: Potential Trading in the Range In H4 chart, it is quite bearish recently and GBP/NZD move up and touched the 20-EMA. We see a possibility that the price might drop further to the support zone. If this scenario happen, we will wait another bullish signal around support zone to call for a BUY :) Caution: BOE's official bank rate on Thursday which might...
For the past few months EUR/USD is in a ranging Market. On weekly basis the price has stopped at major support level. There is a Doji candlestick formation on Weekly and Daily time frame. So my suggestion is as follows: Buy at current price around 1.0600 Stop Loss: 20 pips below 1.0500 Profit Target: 1.1400 Risk/Reward 1:5,35
Quick Scope - Range Trade Euro/Japanese Yen Red lines should be stops/take profit targets. So you do not get stuck on the wrong side. But the Chart should be self-explaining how to trade this with low risk Good Luck Trading!
With today's Crude Oil inventory report and tomorrow's roll-over, expect a higher level of volatility. SHORT @ 52.10; Stop: 20 ticks, Target: 60 ticks. LONG @ 50.05; Stop: 20 ticks, Target: 60 ticks.
Anticipated exhaustion levels for today are:- Short @ 10632.0; Stop: 200 points, Target: 600 points or > Long @ 10480.0; Stop: 200 points, Target: 600 points or > Use your own entry strategy for Longs with target set for 10632.0 and for shorts down into 10480.0
Short @ 10555.5; Stop: 10575.5, Target: 10495.5 Long @ 10397.5; Stop: 10377.5; Target: 10457.5
Long between 49.80 & 50.00; Stop: 20 ticks, Target: 40-60 ticks. Short between 51.05 & 51.20; Stop: 20 ticks, Target: 40-60 ticks
Anticipated Trading Levels for 7th Oct 2016. US Non-Farm Payroll release may dramatically increase volatility & range. Long @ 10400.0; Stop: 200 pts. Target: 400-600 pts. Short @ 10650.0; Stop: 200 pts. Target: 400-600 pts.
These Levels mark the anticipated extremities of intraday price movement and form the backbone of an "intraday" COUNTER-TREND trading strategy. SHORT between 50.25 & 50.40; Stop: 20 ticks; Target: 60 ticks or more. LONG between 49.20 & 49.05; Stop: 20 ticks; Target: 60 ticks or more.