To eat up all your profits
So i will be taking this long the USDCAD please look at chart for TP and entry.
Sell limit triggered at 9030 and looking to short it down to 8931 with a buy limit waiting at 8931 to take the long back up to 9090
Please see image for Target 1 and Target 2 and we do still have our previous trade running
Hi Guys, Back in it again after reflecting on my previous SL hit. So looking at the D1 we can see a minor W formed with a push to upside and after a W formation what do you expect? a push do the down the neckline A.K.A the previous support which also lines up perfectly with our 50 fib Ext and our Trendline so I will be monitoring price action on the two levels...
So after our previous analysis hit target we can now see strong bullish momentum from the 9000 which was previous resistance turned support from here we can see a push to the upside to the relevant two targets
We reached target as per our previous analysis and is now looking to short the market back down.
So we saw a massive drop after price fromed a double top at a major resistance price went down rejected the 61.8 Ext on the DTF we can expect a pull back from here.
We can see GBPUSD completed the HnS structure and is now starting the move to the downside, i will be looking to short the market after a break and retest of the low down back to the Neckling of the W which can see formed previously on the D1 timeframe.
What we can see is the Nasdaq100 has formed a W formation on the H4 timeframe, and we saw a pull back to the neckline known as the previous support, i have entered a long position to 9000.