There is an opportunity to go short on the EUR/USD at the current break of the head and shoulders neckline. TP on chart.
Support zones marked on the chart with horizontal lines. Cover positions at these level.
Just entered a nice intra day short, could possibly hold over the weekend considering the US dollar has just landed worse than expected news.
The pair stop loss hunted for a moment however it seems to falling into place.
Looks like a decent way to end the weekend, all trades currently running in profit.
Happy Swinging :)
XRP has been building momentum for one more thrust into the abyss before a potential long term recovery. Based on the current structure of the market I think we will be getting that move soon because we are current at a previous support structure which should now act as a resistance. If we break out of the mini rising trendline then look for shorts with initial...
Small short on EURUSD as it gets closer to support level where we will be watching for a reversal to go long. ****RISK-MANAGEMENT IS KEY****
Feel free to contact my instagram or telegram @jfxltd for any guidance or account management
We have bearish bat pattern that has just completed so let's see if this pattern gives us a win. This is bearish on a higher time frame so going short whenever the opportunity presents itself is a good idea so let's see what happens
Any opposing comments or views are welcomed.
DAILY 3 SPINNING TOP SHOWS MOMENTUM LOSS
H4 WE HAVE REVERSAL SIGNS
- TRIPLE TOPS
- RSI DIVERGENCE
- RASING WEDGE
SOON IT WILL FALL AND WE WILL LOOK FOR H1 ENTRY
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This market is likely to repeat the previous pattern it made on Friday and I think we will a nice move to the downside. The market has also touched the upper trendline and we seem to be getting a reaction. This a day trade so that's why I won't be giving any detailed analysis but feel free to leave any opposing comments or views you might have.
We have a nice bearish Gartley pattern that has already completed and now I'm looking to see if we will get a reversal. The market is bearish on a higher time frame so this looks like a good opportunity.
Any opposing views or comments are welcomed!
This currency pair is in a daily corrective structure which i'm expecting to break to the downside. The market is currently at the 61.8 Fibonacci retracement line of the impulse leg. I'm expecting a breakout, followed by a sell set-up which will give us a trade to the downside and if that happens I'm expecting the trendline to act as a support.
All comments and...
Okay so we have our beloved Gartley pattern here on the EURNZD and this set up looks to be a very good one because I'm expecting a Kiwi strength in the next coming days so that should be the main driving force of this short, will it happen? Let's wait and see
Hardly anyone looks at the Australian 200. It is one of the best indices to short.
The Aussies strangely went north at open of their market last night - when the rest of the world's indices were burning down. There is usually a significant lag between the AUS200 and the other indices, which I decided to exploit.
This morning 08:30AM 2020-04-01 it's struggling...
Judging by my indicators and the candle formation I can see this pair running out of steam.
The bears are creeping in for a beautiful swing short.
Once we hit the TP we intend to ride the recovery wave back to the top for a weekly swing long.
Happy trading all!!
Stay inside, wash your hands and get tho's pips!
some key levels broken in GOLD yesterday - does the Sell off continue today?
what I am seeing on the 1hr chart is a pull back into the Fib level 0.50 - 0.618 as we know 80% of the time a strong directional move will retrace to this level.
But do we break through and go on a bull run or does the sell off continue?
very volatile markets at the market, interested...