US is doing much better durning the covid-19 than Europe. What will we get? Euro was on a big uptrend will we reverse or are we getting new lows? first target 1.16500 second 1.6000 We will be watching it closely. 1.17500 is a burning hot zone!!
Got stopped out on the GBPAUD trade but i have been waiting for the UJ to form a nice flag since it has resisted the 105.500 daily resistance Long term im looking to touch 2021's low that was 101.160, but for now lets take a ride to 103.620 where the TP2 is positioned TP1 should be arond 104.190 to bank partial profits in case we do not reach...
Was waiting for long to appear due to a daily uptrend. We are looking for a potential 1:10 R/R to 1:21 The pair retested the pullback base of 1.78700 Stoploss 3 pips below the base at around 1.78600 TP1: 1.80200 TP2: 1.82000 Bank partial profits
Gold rally pushing it higher to the upper resistance of an earilier consolidation box at 1870.00. Trend is continuing, we have higher lows. Aiming at 1870.00 with the stoploss below the wicks at 1832,60 and a 2,7 risk/reward ratio. Bank profits because of a higher timeframe downside risk.
Confirmations: - bigger double bottom, - big bull candle(indicates rejection and change of momentum), - weekly candle failed to break 1275.5. Execution: Search for long position entry when in the orange box which is the killzone of our trade and aim for 1286.30 to take profit. 1h chart with fib.
Our GOLD trade from a few days ago hit the TP to the pip and bounced back up. Now we are seeing it retesting the 1280.00 again, but my bias is still bearish. Judging the daily chart, I do not see it pushing and staying beyond 1280.00 level. So for now, I am waiting the retest of 1280.00 level and maybe eaven spike trough it and quickly returning back down which...
After bouncing of the 1.13200 level of support EU droppet and is now showing me a shorting oppertunity. Here is a typical flag formation which is usually sign of a trend continuation. I have allready entered the trade but we could see another test of the 1.12600 level. Im looking to take profit at 1.12000 becouse of a hard daily support and a round number level...
UJ just broke the 111.850 weekly support last week and made a new high. But judging by the pattern it's printing right now, it does not have the power to stay there,so i'm expecting a nice 55 to 90 pip sell. My first target is a 61,8% fib retracement which lays at 111.350, but while I think it can break and fall lower, my second target is a daily support laying at...
While the pair broke the major 1280.00 support, with a nice long weekly bear leg, i'm definitely searching for my short position entry. I have been waiting for a few days now, for market to retest 1280.00 or maybe eaven 1285.00 around where the 38.2% lays. But truly I don't really think it should go further than 1280.00. After rejecting the resistance it should be...