Do your own analysis and then set a pending order @ about 1.37550 or thereabout. Parameters TP: 30 pips SL: 10 pips This signal is brought to you by MEC FX !.
The price of gold broke through the trendline and went to test a supply zone around 1795, will it break through and go all the way to test 1800? Are Buyers strog enough to break through 1800 after the retest? Our medium-term outlook for Gold is a bearish one but for the time being, we are scalping buys.
If you've studied chart patterns in-depthly, you should know that after a clear H&S pattern, the next move is likely a bearish move almost the same size of the almost 200+ pips head of the H&S. Keep an eye out for fundamentals (USD news) this week and if this move so happens to be, don't miss it !. Cheers everyone !.
Your divergence signals plug is back at it again !. REASON FOR THE SELL TRADE 1. Our 200 EMA is serving as our 50% (Average) level on our RSI. 2. The confluences are as clear as day, both at our previous resistance and our trendline 3. Price is already overbought but not over over bought yet, price must be over over bought at our confluence. 4. Divergence...
Join me in buying US30 to 34600. I have been scalping trades in this wedge and it has been nothing short of amazing !. Look for sniper entries when you see any bullish engulfing in M1 or preferably, M5. Aim for either 1:2/1:3/1:4 !. Cheers !.
Risk management is key 2 trading this channel !. The 200 EMA is has been acting as the resistance since trading this channel !.
Its been a long time coming with what seemed like buyers were never going to give up but eventually, they did !. Price isn't ready to start going bullish any time soon...so sell sell sell with every pullback opportunity you get !.
Parameters have already been set using my short tool. 500 pips STOP LOSS 5000 pips as my TAKE PROFIT. Reason for this trade: = Divergence = Confluence = Head and shoulders pattern. This is an actual signal, not an idea.
BTCUSD is already a trending market, it's in an uptrend already, the most we can get from a sell inside this week is a 1:3 at the most which if we sell, price could get to $38,500 from this current price BTCUSD is currently trading, which is just above $41,000. This is not trading advice, it's just my idea for now. The signal to sell might be given when price...
Say "HI" if you see the Head & Shoulders pattern !. This pattern correlates my previous sell idea for this pair which is a pretty strong reason to hop on the sell if my block oreder and Elliott's wave didn't quite convince you (lol) !.
With my order block in place in combination with price action and confluences with Elliots wave, i will be risking 10% of my account on this gorgeous analysis (Fundamentals made this analysis possible...if you was wondering !.) If you like this idea, leave a like, share your thoughts in the comment section below and remember, different traders have different risk...
Just as the heading states, the figure right there can affect the direction of a basket of assets like XAUUSD right there. Use proper risk management people !.
Gold has broken the $1800 level and is now trading just above it. This rising wedge occurred after a preceding downtrend which is going to act as a continuation of the preceding downtrend. I would boldly state that the recent gains XAUUSD has been experiencing is a pullback to resume/continue the original downtrend. If the high impact USD news (JOLTS JOB...
I've been scalping patiently for this move and here it is !. A 50pips buy, sweet, simple and no hassle. I've done the waiting for you and here's the signal above !.... Show your support by liking this idea, sharing your thoughts in the comment section below and share this idea with your friends !.
When a rising wedge forms at the end of an uptrend, a bearish reversal is in the works and if this holds through, the Dow could drop. NFp data, less than 8 mins befoe it drops, what does it hold for US30? Mt bias is overall bearish.
Correlate this idea with yours by doing your own analysis. It's almost new york session and volatility'll soon start pouring in which could push price to the resistance level which is our TP obviously !.
If you haven't started riding this trade by now, you better go ahead and hop on because this trade is just too sure and before or by the end of the day, price could go all the way to 155.000 if this current bullish momentum is maintained !.