This broke a prior support level. consider going short if you get confirmation that this trend will continue downward
I was thinking might be the bottom of this channel is strong support line, So wait for price to complete its pull back
Hola Guys, The price broke the triangle made up with T1 and T2. The market had a pullback on S3 pp and S2 support. Thanks for this pullback we made a test ceiling on T2. This for me is a Bearish signal and i'm gonna open a little trade. SL is 11640, it is also protected by S2 support and S2 pp . The TP area is the trendline T3. I forecast that the market will...
I just shorted AUDUSD. Why? becaue; Price is showing wickness on a strong resistance level. The fact that this resistance level influence price almost everytime encourage me to short without waiting for any other confirmation signal. Meanwhile, I placed my SL too far for the price to hace enough space to breathe. It might be a bad idea to go short if we look at...
Follow trend, 60 pips on GBPUSD 1h frame
Market has not closed above a 17 month high. Seems a good time to go short. Good loss to win ratio Stop loss- 53.50 First target- 48.20 Second target- 44.06 Happy Trading :)
Lets See if US Presidential Elections Confirmation+XMassss+End Of Year will Surprise US As per Long-Term prediction still holding LONGS Now for mid-term will test out few SHORT Positions. Merry XMASS and Happy New Year :)
hello traders we see now on the radar a potential batt pattern formation happy hunting
Price is approaching major TL structure! Will we have another bounce or impulse to the downside? I'm short! What about you?! Give me a thumbs up if you agree! I appreciate feedback as well :)
Just a lower TF view, looking for possible short set ups! Give me a thumbs up if you agree, or comment on what you were thinking! :)
Pretty Simple, seems to be in a ABC correction after a series of Impulse waves! Waiting for the "big short" :) move down. Thanks for checking out my idea! If you wait for a good sell setup you can catch a pretty darn good R/R ratio!
hello traders just few hours ago the gold broke the resistance level making a new lower low and pulled back a great opportunity to short on the 127 extension the levels as per the showing levels happy pips hunting
EURCHF entered an area of Resistance within the cloud
Running into some fib confluence at an important structure zone on the daily. Fib inversion and fib extension. Will see how this develops. Possible double top. Will see if price action on lower time frames shows that bears can take control of this market. If we break and close above the 82.25 level we could breakout to the upside, with a lot of room for bullish action.
TP1 was 114.410 TP2 113.520 sorry for the late post. :P
NAS100 SHORT TP1 Swing low appx 4790-4800 TP2 Swing low appx 4700-4720 TP3 Swing low appx 4630-4640 This week is all about what central banks aren’t going to do, but also the limited impact of what they’ve done already. The FOMC meeting in the US unlikely to produce a change in policy. Market pricing is now only places a 20% chance of a hike in rates this week...