Long EUR / USD As you can see, on Weekly chart there is a double top pattern. On weekly TF we have three reasons to think that EUR/USD will be on a bullish trend First reason on a general bullish trend according to 100 MA Second reason is based on fibbs lines, the 0.328 point that also is sustained by the round number of the price 1.1700, i suggest you to...
29 -July - 2021 XAU USD Using MA to confirm the bullish trend on higher YF, on monthly / weekely / daily After after I know the trend I will analyse the candlesticks and formations on higher and lower TF. I see two trading ideas. If the price will be rejected from ~ 1823.524, I will be a seller but not for long time. Hit the profit and exit this...
29 -July - 2021 AUD USD Like NZD USD, we have the same formation on AUD USD If you take a look at Weekly time frame, you will se that this pair hit a stong support level. On the same time frame we will observe that 100 MA is under candlesticks and that is indicate an uptrend, bullish trend. I will be a buyer if the next 1 H candle will close over 0.7400...
29 -July - 2021 NZD/ USD Long oportunity for today If you take a look at Weekly time frame, you will se that this pair hit a stong support level. On the same time frame we will observe that 100 MA is under candlesticks and that is indicate an uptrend, bullish trend. I will be a buyer if the next 15 Mins candle will close over highlighted support...
28 - July - 2021 GBP JPY As you can see, on daily chart and 4 H cart , a new trend start to form. A bearish trend, so If i Have a bearish trend I will react as a seller on this market. Today I have two trades, one conservative trade, swing trade, and one for day trade. Both of the trades are 3+ R/R For day trade : Entry @ 152.490 SL @152.790 TP @...
27 - July - 2021 USD JPY SHORT Trade it based on what market will do next hours I used 100 MA and 3 MA to define the trend on daily chart. I used fibs from lowest point after trend changed to see the levels On daily/ weekly/ monthly chart I identify " Bearish Harami " that indicate me a possibility of trend change . Bearish scenario : I aim for the...
Hello traders, First of all I want to tell you that this trading idea is for those traders that have patience ! I expect to have this trade finised until NY Exchange hours are over. Using fibs and MACD on daily TF, you can observe that EUR / USD should hit 1.9xx soon. I prefer to have a decent 1/2 R/R and lower the risk. Have a nice day !
Hi, As you can see on the chart, at this moment there is a pressure on buyers so sellers are in control. Same situation could be seen on daily TF and 4H TF
Hello traders, Take a look at the chart and you can discover that the neckline from double top has been broken
Hello traders. Seems EUR/USD has been rejected by the resistance ! You got TP1 for short term and TP2 for long and medium term
Hello traders ! Keep an eye on GBP and Great Britain next week, seems we will see the hard way of Brexit so GBP will be hit on medium and long term. USD seems a little bit stronger than GBP in this moment so I expect to see this trade as a A+++ trade. Enjoy !