Price has approached this daily resistance and shown strong rejection multiple times on lower time-frames. Over 1:8 risk-reward ratio. Comment your telegram name to join our free telegram trial- only 3 days left and special offer currently active.
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EUR/USD Made an expanding flat now made 5 waves down creating wave 1, then made a WXY pattern which can be subdivided as 3 waves ABC , so now i have took a channel and i drew from the highs of the waves and funnily enough thats where the 'bars tool' touches , have fun trading risk sensibly.
Big candles going straight for trend line indications reversal. Tiny stop loss of about 25 pips so easy to jump on now. Risk Reward for this trade is about 13/1 which is amazing. Price above 50 and 200 EMA so indicating long bias again. FX:GBPCHF
Here is a potential long position to 0.94000, I believe it is setup to be a good trade, however I wouldn't enter a position until price breaks the 4H resistance.
If you look at this chart on the daily timeframe, you will see that this pair had a large price surge, and then began to create a 'flag formation', however once I dropped it down to the 4H I noticed that...
Long AUDCHF , Based on Risk On / Risk Off in Markets. Always have good stops in place so you don't blow your account. Never play with money you cant afford to lose or you are just gambling. Good target and stops in place. I don't win 100% of the time , but as as long as your R/R is good you have a good chance of beating the markets.
Good luck. Also see my 2 x...
welcome to another signal!
Important: Wait for the Breakout and retracement to the resistance of the range!
Target 1: 1.49181
Target 2: 1.148559
Peace and good trades
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GBPJPY - short opportunity based on structure, as strong resistance reached as well as some form of RSI divergence present.
Sell limit placed little bit higher and therefore great risk rewards ratio acquired.
Sorry for not being too active, preparing for travels. Some nice touches on UJ. All you need is one of these trades a week to make a decent balance increase. Learn the new paradigm, put in some effort now to trade like everyone else dreams of later.
Education only, not giving signals here. You want to know how its done hit me up with private message.
Here we have a nice example of an EP, what we look for to enter a trade.
The yellow fork is a tradtional andrews and a charly delta as taught by my mentor. the purple fork is based of the UP, when extending it into the past we can observe some nice hits.
The EP formed so far, gave a nice 1:4 risk reward and we will see where price takes us next.
Price is approaching a strong resistance level formed by a previous swing high. Would like to see the band start coming down to meet the candlesticks or for price to spike up, hit the band and then form a signal to get short. Stay frosty!
In Nikkei, the signs are pointing downwards. There are several signals that indicate falling prices in the Nikkei. On the one hand, the repeatedly tested resistance could not be overcome and on the other hand, the CCI also issued a sales signal.
As a stop loss, the 19,800 is quite good and as a take profit 19,300 is a good choice. This results in an excellent...
Looking for a Short trade here on the EURCHF - H1 chart. We've recently been tracing out a sort of rounded top formation which I feel may be an indication that we might be headed lower here on this pair.
If we measure out the larger Fib retracement of the previous move up, and a Fib extension of the initial move down that followed, we can see that the 61.8% &...
The picture in the palladium is bullish.
The largest use of palladium today is in catalytic converters. Palladium is also used in jewelry, dentistry, watch making, blood sugar test strips, aircraft spark plugs, surgical instruments, and electrical contacts. Palladium is also used to make professional transverse (concert or classical) flutes. As a...
Was going through this pair when I saw a flag emerging. Price has touches and tested the support line various times (green arrow indicates the testing of the support line).
Hopefully this should be a strong upward trend which should hopefully break through the trendline.
Nice risk/reward ratio setup that will make you a lot of profit and won't eat into your...