Comment Ideas and/or any reasons why you would or wouldn't take this trade! Going short on DXY. Setup 1 : Sell Limit @ 107.219 S/L: 107.495 T/P: 105.476 Profit/Loss = 6.32 Setup 2 (Lower-Risk): Sell Limit @ 107.319 S/L: 107.531 T/P: 105.476 Profit/Loss = 8.69 Why? - Retraced back up past 0.79 & 0.759( OTEs ) on Fib filling market imbalance left...
For my bears this is my current strategy in the immediate and short-term. So far in 5 minute candles my strategy is playing out which is also supported w 4hr view.
EURUSD bearish Sequence lets wait for more conformation. Let me know your views on this in comments.
FAKE BREAKOUT!! GBPUSD now heading to the monthly support which is 1.16516 from there we could see a further decline or go back all the way up to the monthly resistance which is 1.21885. If this is the case I will wait for a new lower high and the Monthly support to be rejected twice before I look at taking any long positions. I also used the fib to help find my...
Short Trade Set up Idea for the Following Week 7-25-22 ON the week chart if this Idea plays out the Candle will take out the previous week/current week of 7-18-22 forming a head and shoulders. The shoulder is using the closing price of the Day July 19th 2022. Stop Loss 3965.00 ENTRY= 3934.00 Target 1 = 3852.00 Pips 82 Target 2 = 3826.00 Pips 108 Target 3 =...
According to our previous analysis, DYDX was rejected at its supply zone, gave us a short entry and generated a 15% profit without leverage. I hope you this analysis came in handy for you.
Price broke our ascending trendline, showing some strenght on bears side, bearish engulfing on 4h confirming our sell.
Hello Traders! ✔XAUUSD Is Bearish and has been pushing towards the downside for the last couple days ✔Price has had an continuation for the downside to a key support level ✔RSI is in Sellers position so Seller has most control ✔Fib can test a continuation level such as 23.6% (or 61.8%) BE MINDFUL! 5568 PIP Analysis
There is a huge overbought on USD/JPY after weeks of buying. the price failed to break the resistance level 136.72 and break the 1h up trend. I think the pair will back to 131.5 level as a pullback
please do your own research. this is the best I could come up with if any of the rules specified in the chart is broken then all this is invalidated. previous resistance might come at September 2020 lows
Quick update: Not a piece of financial advice. The market is not stable at this time in any means technically. But, the weekly opportunity for a 2k win is in the scene with equal risk-reward into play for those who prefer swing to bring in their favor, even in the Crypto winter like this. The support and resistance bands are pre-defined for a couple of taps or...
After lowering the price and reaching support, it seems that it is time to go long, you can get a very good profit for a short time
FXOPEN:XAUUSD At this time I don't have any position on Gold , But as you can see we have our trend line and support area, So this is a good Vision on the daily time frame, and I'm just waiting for confirmation and taking my quick profit.
it will goes up to the green area in the channel, then you can open a short position to the bottom
Alice USDT long coming up as it rejects of the trend line or a possible fake retest under the trendline which i assume will then push back through and continue up.
It seems DXY is hitting resistance again with 21 EMA and downtrend line. Most likely short term if keeps closing below the trend line and EMA then DXY will keep going down, probably finding support again along the 100.196 price, and maybe bouncing off from there to break out. As for right now, it seems to be looking like DYX is inside a downtrend channel, thus it...
BTC just formed a double top and not enough volume to go higher. I see price coming under 26k in the near short term.. NOT FINANCIAL ADVICE but i make $$$ #tradeidea
Let's cut right to the point. Since yesterday's FED meeting Gold rallied by around $40, coming from lows of mid 1850's. Today we have a Jobless claims report which is also expected to be impactful. So let's break down the two aspects of analysis: 1) Fundamental - Inflation is here to stay, hike news yesterday were already implemented to USD before they...