I love a great set up, when it come to you.
With the US DXY strengthening I'm keep an eye out on USD majors for more movement to the upside.
In trading less is really more.
Less exposure to risk means that you have to be really selective about the trades you take.
You've got this!
This is the time when these two major pair is about to talk to us.
Let's see the EUR viewpoint : - The price is breaking out from the weekly trendline and it's making a beautiful pattern formation that we can recognise. The way to trade this, is now to wait for the confirmation and get into the buy.
BUT here comes the USD viewpoint: - The price...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=121.8.
But the short term forecast is range bound, so we expect to reach the following targets:
Set the stoploss of these orders at breakout of S2=121.5.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
GBPJPY IS CURRENTLY AT AN ENTRY POINT FOR A BUY OPPORTUNITY. CONFIRMATIONS FOR BUY: 1. PRICE IS AT WELL RESPECTED TREND LINE SITTING ABOVE SUPPLY/DEMAND AREA 2. LONG WICK REJECTION FOLLOWED BY STRONG BULLISH CANDLE AND THEN A HAMMER ( SHOWING DIMINISHING BEARISH PRESENCE) 3. ON GENERAL UPTREND AND BOUNCED UP FROM SUPPLY/DEMAND ZONE ON MULTIPLE OCCASIONS. RISK TO...
ACREDITO QUE ESSE PAR IRA VALORIZAR USEI, SUPORTE E RESISTENCIA,CANAIS DE TENDENCIA PARA VER O MOVIMENTO ATUAL DO MERCADO E POR ULTIMO USEI O FIBONACCI E ESTA NO NIVEL DE OURO 61.8, ACREDITO QUE SAO CONFIRMACOES SUFICIENTES PARA BUY