Good evening/morning guys,
Currently got my eye on the GBPUSD pair, it has made an impressive move against the 100MA BAR on the daily time frame and is currently pulling back!
I'm looking for price to pull back to my 50% retracement which is in line with support and the 200MA.
Clues of a bullish market:
1. 100MA sloping up
2. 200MA flattening and possible...
This looks like a daily pinbar formation on the timeframe, which is at resistance (redlines)and bouncing off my lower trendline!!
It has bounced off the 100MA (green line) but it looks like the momentum is still going down.
TP 1 - 100MA
TP 2 - 200MA or Recent lows (if break 100MA)
Trade safe guys, have a good evening/morning (whenever youre reading this)
USDCAD is in a very strong uptrend on all time frames at the moment...
it has currently pulled back into my 50% retracement, trendline and at support
This looks like a clear risk defining area for me and hopefully for many traders
I will take a trade here and go with the trend instead of against it!
Stops will be 15pips below 100MA,and TP 1 at recent daily...
Good morning team,
NZDUSD has seen recent action to the downside with a great impulse down with no signs of exhaustion...
However we are now seeing the exhaustion, and possible pull back..
If it pulls back into my 50% retracement, which is also in line with resistance (previous support) i will sell here...
Or even better if it touches my 100MA i will sell and...
CADCHF has bottomed and retraced to my 38.2 retracement line which is also in conjunction with previous support now resistance.
PRIME time to sell ?
Go to put a sell here and target recent lows...
Let's see what happens.
Have a good day all!
Time to sell eurgbp!
Price just hit resistance , 38.2 retracement AND the 100MA!!
Price is a bit choppy however i will be selling off this area and targeting recent lows..
Overall on the daily chart the EURGBP does seem to bee in a range bound... could a move lower be a potential?
What do you guys think?
Good morning guys!,
NZUSD has just launched itself out of it consolidation zone, and just retested the support line (previous resistance)
Looks like a prime time to buy, not only did it retest support it also has the 100MA very close to it .. AND the 50% retracement!!
All of the above are risk defining levels for many traders, making it a great trade to...
Good morning guys,
Hope all is doing well after the weekend!
GBPUSD has retraced quite a bit on the open today...
It has retraced to my 38.2% retracement and into some support...
What do you guys think?
Price has broken the 100MA in yesterday's session, which give us a bullish view!
In addition it broke resistance, another reason to buy!
Price has currently retested the moving average...
Time to buy and target the next MA which is... the 200MA!!
Lets see how this trade plays out!
Have a good day!
I'm waiting for price to retracement back to 38.2% retracement and to the 200MA moving average.
This seems like a good risk defining area for me..
Ideal to sell...
Targeting risking lows for a decent 1:3 risk to reward ratio
GBPUSD has had a great day today, it seems to be trending higher!
Price is currently retracing and is sitting at the 38.2% retracement and at the 200MA on 4HR (blue line).
This is a risk defining area!
Buy here and target recent highs with stops just 15pips below.
* * fundamentals * *
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Trade with care guys!
Hey Guys... All well??
Price has rejected the 100MA on the daily time frame and currently rejecting the bottom trendline...
This is a risk defining area for most traders in my opinion, so stops below the bottom trendline and 100MA.
TP 1 - 200MA
TP 2 - Recent highs (If price breaks 200MA)
What do you think?
AUD is one of the weakest currencies today, with the JPY being the strongest. This makes the pair ideal to sell today.
As we speak the 4HR 200MA is being broken confirming the downtrend... 100MA is sloped and heading downwards.. These are all good signs of a bearish trend!
Execute a trade here and target either the 50% retracement or the daily 100MA (blue...
It's Friday so lets keep this short and sweet...
EURUSD has been a funny one this week, all gains have gone!
I am anticipating the price to meet the bottom trendline which is in line with 50% retracement and 100MA on the daily! This is also the recent lows!!
I will be looking to buy here and target 200MA..
What do you people think??
Have a great...