Hello all,
I have a potential short setup for you.
A bear flag has emerged on the GBP/AUD pair on the 4 hour chart.
Enter on a breakdown of the bear flag.
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(possible) entry: 1.7683
(possible) stop loss: 1.7790
(possible) 1st profit target: 1.7620 (pivot low of the trend leg)
--from there on trailing stop losses accordingly--
______
Remember, only...
Hello all!
I have another setup for you this morning. As you can see on the Daily chart, a bull flag has formed for this pair.
We will be interested in entering long on a breakdown of this flag. So far today, price has supported the upside momentum we are looking for, however, this should be sustained throughout the day in order to maintain our bullish...
Hello all!
I have a potential setup for you this morning in Crude Oil on the 4 hour chart.
Crude Oil has made a potentially significant move to the downside (as evidenced by the new momentum low on the MACD, and the puncture of the lower keltner channel). Price has been consolidating since, and has retraced approximately 40%, as of the time of writing.
We...
Hello!
I have an possible short setup for GBP/USD on the Daily chart .
As you can see, the lower keltner channel has been tagged, and a bear flag has emerged. Price action has retraced so far around 40%.
(possible) Entry price: 1.2516
(possible) Stop loss: 1.2604
(possible) 1st profit target: 1.2442 ( pivot low of the trend leg)
*use a trailing stop for...
