I see a movement up to TP1 at 0.92632 with a possible TP2 at 0.92966
*Risky Trade as the underlying movement is short*
Thanks to everyone who has followed my previous signals almost everyone has been positive.
Morning traders,
Yesterday we caught the gold long from 1285 up to 1297 before taking profits and we are now looking to switch the trade to play it from a short side with both RSI and stochastics overbought and at levels where we have seen a pull back. Additionally the pair is at resistance level around 1300 which we have highlighted on our trading view chart...
FEEL FREE TO COMMENT IF ANY QUERY OR SUGGESTION.
In the chart, plotted value is for GBP/JPY which has stronger CONTROL PRICE, value HIGH and value Low. The "Control Price" has complete control 1 to 7 as seen in the chart.
1) The 3 excesses detected at Value High and after the (h) excess with price rotation sellers have complete control over the value.
2)...
I love these short term swing trades, catching every wave up and down. At the moment I am waiting to see if on a H4 chart this pair will be rejected on the resistance so I will jump in the sell again.
On my previous post on Ucad you see I called the move upward as the Z leg that could finally drop. if we look at the consolidation forming from mid-April we see a wxy continuation pattern being formed. this is confirmation for more upside I'm looking at equal legs to the last impulse made starting the 17th of April which puts price at 1.361xx the next important...
Great chance to add some EOS into your portfolio. I'm sure 90% of traders missed out on the last bull run so now is your chance to ride the BIGGEST wave. You should ladder you buys during this pull back with a stop loss below the low of wave 1 (red line) and target a 1.618 extension of wave 1 added onto the end of wave 2.
This is not financial advice. This is only...
Institutional money was LONG on GBP/CAD
Price was pushed to the downside to manipulate retail traders to go short, but our team spotted the fake move and entered on the momentum back to the upside to ride the capital wave.
P1: +168
P2:+336
P3: +88.7
TOTAL: +592.7 points.
Hey guys,
Please see my analysis. We are currently at a great opportunity for short position at eur/usd pair.
We can take short position at this level, or if we would like to play safer, wait till price go up to 1.1220-30 area with SL 1.1250-60
Take profit should be around 1.1150.
Enjoy and happy trading.
Pat
there is a nice opportunity for buys arising. I will be watching for price action confirmation before setting any long positions from the demand zone.
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We have a chance to trade this current range that eurgbp is playing at. Looking to sell down to our support level with a decent risk;reward.
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