Quick update as I expect to see price now make that continuation back to the downside... the importance is obviously limiting that risk so got taken at break even last night but even better confirmation for entry today.
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GBP seeing strength due to the dispute over vaccine imports coming to an end and a win win situation, the JPY is seeing weakness despite the government putting aside 2.1 trillion yen for businesses that have been hit by covid. we see now buy pressure coning in at our weekly zone so now we will be waiting for exhaustion and entry confirmation for a move to the upside.
After USDCAD has been moving in a downtrend, it has paused a bit to retrace to a resistance which touched the trendline and a major level which it was resisting for quite a long time, I am looking forward to selling this currency pair on Monday for a long term trade but I will first have to wait for a good price on lower time-frames...But overall I think it's...
This is a free gift for incoming Holidays! There has been a shift in trend for most of the assets want to make sure you are on the right side of it $NASDAQ $DXY $EURUSD
Shalom Wadu Community, In Today's Video We Go over the Interesting Setup we have playing out for us on this pair ! We discuss that within the Weekly Time Frame We are moving within a HUGE CHANNEL that has been formed since about the end of 2017 as well as the MINI CHANNEL we are trading within on the DAILY TIMEFRAME ! The Daily Time Frame Is giving...
Mining stocks are very volatile. This could be very very good or very very bad depending on your position and entry. O3 just sent a signal I can't disregard. Trade safe ~
Virgin Galactic up 7 PERCENT SO FAR
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...
Link USD on the Daily has been in this Equilibrium pattern for sometime now and we should be breaking out of this pattern by the end of the week or beginning of next.
My analysis will be 2 parts. 1st is my trading plan than some million dollars trading ideas. Today's idea is about why you need to trade your live account every day.
GBPCHF has broken to the downside on a 3 wave structure on the daily time frame and has done so on the H4 time frame as well. This is an indication of a continuation to the downside. Trading Signal Service: www.greenboxmarkets.com Forex Trading Course: www.greenboxmarkets.com
watch the video with full attention and follow the rules. This video can be a very educative as well, because I showed how to take an action on trading by confluenceing several reasons.
In this video analysis besides video analysis I also give some insights on how to correctly draw Bat & Cypher pattern as well as how to find their key points (legs). Watch the video and prepare yourself for an upcoming week and also add some weapons to your arsenal on how to find harmonics to get several confluence confirmation signals to take an confident action...
Always wait for confirmations, without these confirmations all these plans are invalid
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)