So price right now is grabbing my attention as we are at a way better spot for entry, 61% retracement at the time of writing this so definitely interested in buys if we continue this rejection. Remember its the start of the week so stay patient we will always have opportunities throughout the week so no need to rush any trades.
As expected price made a lovely rejection from the bottom of this consolidation zone and break out to the upside showing that we could be in for a longer term trend change. Ill be looking for price to make a pullback from the bullish move and look at catching the continuation leg to the upside. Wait for the best risk reward and follow market structure, price more...
Still waiting for price to provide the best entry on this possible sell off move I'm looking out for on USDCAD. Never forget the overall direction and trading against that can be risky and tricky but can pay off if you play it smart! Good luck everyone
Looking for more rejection on and around 0.97 for a push to the upside.. I do think price can make a bit of a long term consolation from around this long term support... Be patient as always! trade smart and keep on top of risk management before entering any trade! Hope everyone has a good week
Hey everyone please let me know your thoughts in the comments.. I'm staying clear of USDCAD until be get a bit more direction so next week ill update if I'm looking at taking positions.
Hello everyone, Nasdaq has been trading down this year, but it has made a new swing high and a higher low on daily timeframe after reaching a key zone (explained in the video). RSI is showing bullish signals on daily and H1 timeframes. Buy on the m30, after candlestick signals on Fib levels, and catch your profits! Goodluck, Joe.
Looking to see if we can see a quick move up on AUDUSD out of the 0.7 support then will definitely look for a buy off a right shoulder if created. Price looking very weak still so make sure you wait for confirmation if following my trade setups.
Some good reasons why Ricardo is likely to head higher into the future. This is a monthly chart only and rising above the 200 EMA plus volume and stochastic gives reasons to believe the price is heading higher.
Looking at a shorting opportunity on the infamous EURUSD after a recent break below/ close below of structure - one negative here are the big wicks from March 2020 bit altogether a nice setup.
IN THIS VIDEO, I EXPLAIN MY METHOD OF TRADING THE US30 AND HOW TO PREVENT BEING VICTIM TO FAKEOUTS TO THE DOWNSIDE, USING FIB-RETRACEMENTS AND THE PARABOLIC SAR INDICATOR. US30 IS NOW AT AN ALL-TIME HIGH, AND AS THE PERFECT INVESTORS STATE "BUY LOW SELL HIGH" , PLEASE LET ME KNOW WHAT YOU THINK OF MY ANALYSIS IN THE COMMENT SECTION AND LEAVE A LIKE. INDICATORS...
Hello everyone, here is the top-down analysis for DAX, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, here is the top-down analysis for EURUSD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
This is the first Valid buy in the USDCHF since the correction started last week. We are going long above 0.9700 Stop Loss @ 0.9683 Target @ 0.9778.
A simple idea of what to look for when we finally break this bearish trend. We see late in 2015 how the most simple price action and EMA concepts can give us an undeniable reason to start building a long position. Once price broke above PA-based resistance, we got a retest of both the PA and the 55 EMA, we also see that the EMA's has flipped to bullish...
GBPJPY is in a clear bearish trend, and price is just about to retest the neckline of broken head & shoulder pattern which aligned with 61.8 Fib, daily resistance zone, and mean value. Our goal is to find a short entry, with that in mind, we wait for a clear break of Counter Trend Line (CTL) for entry. There is currently two CTL on the chart, the break of the...