Good morning fellow traders this is a long postion i am planning on taking on CADJPY where i would like to react to the break of the triangle being broke and then the push to the upside and then the final retest and then i will find entries on a smaller time frame to ride the trade too the top. this is also based off of the CAD Core retail sales that is predicted...
Will be watching how it reacts to 1.62750 , will be most likely taking partial profit and letting rest ruin play this will be a trade ill be holding for a few days
Target .13 cents - breaking near year long channel. Good luck!
PLEASE SUPPORT THE IDEA BY SMASHING LIKE AND GIVING A COMMENT <3 Hello Forex Trading Lions! PLEASE ENJOY THE FREE IDEA! We want to ideally follow the trend, there are a few obstacles to overcome, but if we watch this pair closely there is a trade opportunity towards the buy side. Follow & Check Out My Profile! PEACE <3
this is a short idea on the eurusd and id like to see the eurusd get rejected on retesting the supply level then a strong push to the down side then see the demand level turn in to a supply level, or support turned resistance. remember trading is reactive and not predictive.
AUDUSUD at a strong resistance area and main trend is still downwards. Entry @ current price and pending at last high of 0.6986 TP 1 at past support area (possibly channel trading) TP 2 at next past support area Indicators: 1. Currently at strong Resistance area. 2. Stochastic RSI on weekly and daily both in overbought zone. 3. USDollar Index in oversold...
NZDUSD in overbought conditions on weekly and daily. Expecting a reversal shortly with a daily bear candlestick formation as confirmation to enter sell. Conditions to enter: 1. Bear Candle below downwards channel 2. For current entries use current stop loss and reenter when we have a bear candle back in channel. Indicators: 1. NZDUSD main directing is still...
Technicals Technicals Technicals no matter what fundamentals occur. EURAUD is in an upward bullish channel and has held multiple times. Signals: 1. Currently at bottom of weekly channel acting as support. 2. Stochastic RSI weekly and daily oversold and in the buy zone. 3. Upward Trend still dominant. TP 1 at next Resistance TP 2 at top of weekly channel Good...
How to Automate Drawing Fibonacci Level ✅In this video, we talked about the latest selling opportunity as a day trade on BTCUSDT. I really enjoyed making this video, I hope you as well. 🙏 We will continue posting our education videos and day trades. You will get notified once we do publish the next educational video, if you already follow us on TradingView. Take...
Saw bounces off res which can mean for a sell, or if an inverted HAS forms then a short buy.
Good Morning traders. Also on my Watchlist for the week is GBPUSD. The actual bullish momentum come from the 61-71 Fib Zone which could be a nice Retracement-Point for a new Bullish leg if we can break the Counter-TL. I am rather long on this pair as i would love to see a new bullish leg up from the 1.23500$ zone. Maybe we also see another test of the price...
above 4-W 1.24688 T- 1.26059 / 1.26405 Huge Profit booked in previous trade GBPUSD.
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
GBPUSD H1 - Resistance held (we talked about this setup in the GBP*** Video analysis). Topped out at that 1.26050 number and then broke the support zone, hopefully we pullback to that 1.2600 number to retest the broken support, this would present a nice entry, with clear RR
My position of entry will be based mainly on a pull back on monday and maybe tuesday. i will have a sell stop in place for a bullish move up to my entry zone.
Hey guys, hope you guys have had a wonderful trading week. I just wanted to upload a quick trade idea as there is a potential opportunity for a sell. USDCAD has hit an area of resistance and is showing weak buying pressure as all the traders that went long are looking to close their position due to the area of resistance. Therefore i have executed a short position...