I got in this trade too early last week and NFP took me out. Original analysis is on my page but I will be looking to reenter this pair with DXY showing signs of weakness and EUR showing strength. Before entering this trade I need price to break and retest 1.1270 and the TL before looking to go long for 160 pips risking only 40. My analysis tells me price is going...
After a bear spike taking out my previous cadjpy long trade at breakeven I have found a re-entry. Reasons for re-entry: Spike tested 4H 50ema which is currently a dynamic resistance. Retesting broken daily descending channel. 50% retracement from previous 4H swing low. 4H body closure above channel. The 1.618 fib also lines up perfectly with my previous take...
GA is approaching some key levels really fast with the big bullish run last week this level is 1.88414 and this has not been reached since June 2016 nearly 3 years ago, current price is only 60 pips off this level. Now there are correlating pairs that we look out for when trading and most of you might not even know that when these pairings move in 1 direction...
'Ladder' LONG position from : $5190-5155 SL: 5101 TP1: 5470 TP2: 5500 TP3: 5550
Looking at the charts this could be a possible reentry point for the next wave. Should find some strong support here rsi looks good exp is positive
Last post about XLMBTC: Disclaimer: Sold half at 4193, another half at 4336 Now it becomes quite clear that it enters into another downward cycle after the boost (MACD DIFF downtrend, %K %D reversal, RSI falls after peak) (Of course it could go up again but seems less likely) And we will have to find the next re-entry point, as XLMBTC is still bullish to...
Crazy run up, wish I bought in earlier. But looks like a good time to take a little profit, with an aim for reentry around the 50MA (blue line) and the Yellow Kijen line. I put Pink squares around areas around areas of interest where the pattern repeats, it seems to have played out a few times already.
Price bounced off bottom of range My 1st entry was @ .6575 For a re-entry wait for a 15m bearish pullback My take profit is at .6629 Macd has been over sold on Macd/Stochastic Macd blue line crossed above red line for bullish bias
Having pocketed +350 pips across several USDCAD lots, I'm waiting for a high-probability set-up to get back in long. For me, that would be a decisive break above current trendline, which was put in place last week as Dollar Bulls pulled profits out of the market. Currently, support is at the 1.28 mark as price action failed to break through the area of supply...
Steady climbs over the past couple days after a week full of negative community chatter, but the sudden drop isn't following any TA or news that I can find. At the moment, it's breaking down through soft support around 16300 sats, but trying to recover over the line at the same time. We'll be looking at a convergence around 16300 in the next 5 hours, which will...
USDJPY TESTED NEW HIGHS YESTERDAY. AND THEN RETETSTED PREVIOUS DAYS LOW FOR SUPPORT CONFIRMATION. THE RISK IS NOW GONE. STOPS IN PROFIT
I am currently in this trade sitting in profit. However, I have found a promising opportunity for a re-entry. Whilst in the trade, price has formed a sound up trend bouncing of trend line neatly. I believe price is currently in yet another retracement to trend to then carry on bullish. This pair may see a few retracements but I believe price will rise to atleast...
if you missed the entry here comes a possible reentry opportunity soon.. retest of the broken structure at 38 or 61% fib
Currently in this trade. MA's have now crossed over. This has persuaded me to re-enter.
following from my previous post, stop was taken out and i think it was a little tight anyway price has tested the 50EMA and im looking at a re-entry to short down to 1.0711 area