Entry: when price clears 103.80 Volume: with daily volume greater than 7.9M Target: 132 area Stop: Depending on your risk tolerance; 94.42 gets you 3/1 Risk/Reward. Resistance: 121 area This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this...
Entry: with price above 747.14 Volume: with volume greater than 1.41M Target: 789 area Stop: Depending on your risk tolerance; 733.20 gets you 3/1 Reward to Risk Ratio. This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not...
GBPUSD has ad a break of structure on the 1H and 4H timeframes. now price is at the 4h orderblock and a FVG on the 1h. i would like to see a good rejection at this level accompanied with a break of structure on maybe the 5min to go short on this pair. COT data shows institutions are more on the long side of the USD than GBP, so I believe this might be a trade that...
My thoughts on the EURJPY pair. let me know what you think. feel free to share your opinions moving into the new trading week
Welcome back! Let me know your thoughts in the comments! ** GBPUSD Trade Update - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
When price clears: 24.00 With daily volume greater than 37.3M Target: 35.00 Stop: Depending on your risk tolerance; 20.33 gets you 3/1 Risk/Reward. This trade idea is not trade advice. This swing trade idea is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take...
1st Long-Buy.. 2nd Sell-Short.. DXY bear bias. But may see a growth before nxt Leg down !! Happy Trading !!
In the last few trading sessions USD has weakened against most currencies, and has reached some key areas. After 4 days of selling in USD pairs it's fair to expect some retracement. Current levels in USDCAD and USDJPY allow to take Trades with high risk reward. On top of that we have news coming out on Wednesday. 10th May (tomorrow). Big money won't take strong...
Stronger than expected employment data in the US sent bulls into a frenzy and pushed share markets higher into the weekend as recession fears eased. On the flip side, a resilient economy will flow over into inflation and mean that inflation will stay higher for longer and put further upside pressure on interest rates. US Bond yields spiked as to did the USD while...
Hey Traders, Please see our chart idea fir USOIL and range projection. TARGET 1 - 73.61 TARGET 2 - 82.72 We are looking for break and retest as support to trade the movement. Please like, comment and follow to support us, we really appreciate it. BluetonaFX
US indexes came under fire after the Federal Reserve raised interest rates 0.25%. Expect that Europe will play catchup and see weakness on the open. The Fed have now moved to a data dependant stance and could possibly pause in June if economic data comes in weaker...this is not so good for bulls as it would point to a weakening US economy. Gold punched up into...
We have seen what OG has done and should Alpine follow OG. Nothing to worry. just make sure when the candle breaks upward our sell signal then you are ready to buy. Crypto trading is highly volatile. Trade cautiously. DYOR
Breakout and retest complete Cmp 83 Add more near 80 TGT 100+ very soon TGT 2 - 140 SL below 78 Note : Not any buy or sell recommendation just an idea. Sl below support zone if you go long ..
EURUSD - It's at a very important area! EUR - We are currently at a very important support area of the range. What's happening to the market fundamentally? Yesterday we had a very Hawkish Powell, as I mentioned in my previous post we had the indication of 25 basis point but I did mention we could perhaps change to 50 well.. embedded that in and we had a...
A review of the price action from the European session and US sessions with bulls taking charge and pressing major indexes higher. Traders continue to focus on the global economy versus sticky/high inflation and at this stage data is pointing to a resilient US economy absorbing those higher prices due to inflation. There is no fear driven selloff which shows that...
$ETH bounced off the support level. Bullish movement to resistance level at 1736$ is likely to happen.
A look at the price action from the European and US sessions and what that may mean for the Asian session open. I look at some key levels to watch and the price action setups I expect to play out. Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper
Looking for a long position London opening, lets see what happen..