Good morning everyone and happy Monday! Before we being we want to wish you all a happy and prosperous new trading week, remember that its up to you and you only to bring success to yourself because no one is going to come to you and make your dreams come true! In this watchlist we go over a few day & swing trading setups and explain why we have taken the trade...
AUDUSD seems to be in formation of a H&S pattern I expect a bearish trend reversal with 0.6718 as the target.
The USD/CAD is actually a nice long trading opportunity. The trendline is broken and the USD/CAD is on the upper end of the trading range. The moving average is also broken and we have a potential to the first target of around 100 pips.
The EUR/USD reached last week the 50er Fibo Retracement in the area of 1.1160. As the EUR/USD couldn´t close above there was a nice short opportunity with a risk of around 20 Pips. If you missed the short - there will be a second chance again! You could short the pulllback to 1.11 with a stop of around 30 Pips. The first target could be in the area of 1.10...
SBIN -T.A. It was having resistance around 332and gave view to few, if it crosses the next monthly resistance at 352, and it turned back from monthly R. also entry pints based on area of confluence given in the study. Swing trades.
EURNZD has given a second chance to get into this position on the daily previously the market retraced to the .500 level which long term take profit level at 1.5900 at this point today that is 1200 pips away. The origninal stop os 1.7350 which 50 pips above a major monthly and weekly resistance that is 200 pips away. The risk reward ratio on this movement to me is...
Price action on daily gives signs of bearishness: * lower highs * interaction with previous support/resistance * interaction with upper linear regression channel * bearish reversal candle Stop loss above the daily high on the 11th June 0.7494 Initial profit taking of roughly 1.5:1 reward to risk around the mean of the linear regression channel. Confirming...
EURNOK SWING SHORT - Weekly (Bearish) : Multiple indecision candles with a bearish rejection - Daily (Bearish) : Bearish candles overpowering bulls - 4hr (Entry) : Head and shoulder with trendline break. Tweezer tops off new down trendline & 50 MA EP: 9.74527 SL: 9.80945 TP1: 9.68129 TP2: 9.64723 www.pipkingsfx.com
Hey Guys, I thought I would try out the video feature on Trading View. Excuse the background noise. As the video hasn't been scripted and it's difficult to explain how I frame the markets without spending over an hour going through it in detail, I did my best to convey my outlook on the EURUSD. 1. Larger shorts are still in play and have not yet failed. 2. One...
Hi Guys, My analysis is based on a stuck in the box type formation which has taken place on a D1 chart. With many attempts to breakout it has found a very strong resistance, we have had a false downturn take place today with a retest to the top. What i think is going to happen here is it may even retest and break this key level, but with NZD news coming which is...
Forming a bullish flag pattern, third retest of strong ascending trend line. Support zone on a 38% fib.
Sniper entry review on this pair General Market Analysis Comment "I WANT MORE" if you liked this video analysis and would like more! Join my Discord Server for FREE: discord.gg GOOD LUCK!
The energy sector has been performing badly over recent months, but not as bad as basic materials sector. Specifically leading the problem in the energy sector are oil & gas drilling, oil & gas exploration and production, oil & gas refining and marketing, oil-related service and equipment, renewable energy equipment & services, and uranium industries. These...
Profit showing of signals for the Tortuga indicator V2 4 hour timeframe. 78% success rate. If you are interested in purchasing the subscription to my indicator, shoot me a message!
Right now not seeing any bearish signs , put there are signs for a potential long trade : - 3 or more trendwaves down - Sell offs are getting weaker - At a significant support area - Flipzone at 6.3k
Like on my previous videos i like to analyse the 4h and daily charts , so i can have a bigger picture of things and i can trade in a more relaxed kind of way ! So now lets get to the analysis , Here are the most important points : -Bears are still in control (watch out for dumps) -Possible bullish outcomes with a bollinger band spike -Watch the previous highs...
Hello guys , This is another post of mine , just want to share some opportunities that im seeing currently , that i also think is worth looking at ! . Why im watching them : - Mainnet launch in 1 week (TRX) - Forming possible head and shoulders on the 4H EOS - Already brokeout (TRX)
Reasons to buy this pair #1: W1 Support area #2: Fibonacci confluence level #3: H4 Double bottom and bullish "Pin Bar" at 2nd bottom #4: Bullish H4 RSI Divergence (I forgot to mention :-P)