SC98FX

SC98FX

Hi traders, my bias on NU is currently short; I am running a position on this trade and intend to hold only for a few hours as this is a intraday trade. The reason I took this trade is actually quite simple, NU is currently on a downtrend destroying all previous support levels (major levels). Also absolutely destroying a very strong weekly trendline. With this...

SC98FX

Hello again traders, This is my personal take upon Gold, currently running. Bears have entered into the market and threw gold off of a mountain. However, after this bearish run we are now seeing some form of pullback at a significant intraday key level (blue zone). We can see gold has tapped this key support zone and rejected perfectly on all time frames. With...

SC98FX

Hello guys, a simple but effective analysis on GBPUSD also know as Cable. This trade was taken by me personally due to numerous confluence coming hand in hand. Also a great risk to reward ratio was achievable . The idea behind it was simple, huge bearish momentum pushed price to a very strong support zone; considering the tremendous amount of bearish pressure,...