mlwinter

mlwinter Updated 

Simple range trading. Note that price may test 1.142

mlwinter Updated 

Buy the dips! SL below previous lows

mlwinter

A breakdown of red zone would open green zone to be hit again and would mean price will be trapped in a trading zone. However I have placed a small buy here with H4 candle being a pin bar to target 1.1182. If SL is hit then I will switch to selling mode, selling every rally. Don't hold on to a losing trade. Money management is key [:

mlwinter Updated 

Strong support on daily/ monthly chart. If it holds, it's a good idea to buy from here. A breakdown would take this pair even lower. Trade with care. Bulls need to break and close above red zone to convince more buyers to jump in.

mlwinter Updated 

We might see bulls trying to take control at 61.8% area. If it fails here, price will target the low at 128.5. If it succeed however, that's another impulse up baby! (:

mlwinter

I took a long term trade on gold around 1200 area on April. This is where I am likely to take profits.

mlwinter

Clear on chart. Remember this is weekly chart so there is still plenty of room for downside if you are short term trader who is planning to go long.

mlwinter

Will this bear flag fail ?

mlwinter

Price just broke 50% twice but unable to close above. If price is able to break and close above this potential resistance becomes support, it may bring this pair up to 61.8% and then up towards ceiling of trading range at 1.14273 Failure to do so would bring it back down to the bottom of TR at 1.09 area

mlwinter Updated 

TARGETS ARE MARKED. SL BELOW X

mlwinter

Will this bullish flag succeed or fail? Both setups are given. Choose your side heheh. I'm long on this pair because: Greater risk reward ratio for long!

mlwinter

Explained on chart

mlwinter Updated 

We have a break upside of the down trend (red) and price is currently in a correction flag /trading range/ pendant after the first violent bullish move. Buying at the bottom range of this flag is a good idea to target projection of the flag pole at 1.105. Short term trade could TP at top of flag

mlwinter

This pair may have bottomed out. I think it's a good idea to buy this pair now with open target for long term and short term tp at projection of flag pole. This week is important meeting for JPY, so trade cautiously

mlwinter Updated 

CLEAR ON CHART. STOPS BELOW X

mlwinter Updated 

BUY TRADE ONLY UNTIL BULLISH FLAG POLE PROJECTION COMPLETED. ONLY BUY THE DIPS

mlwinter Updated 

For shorts: Clear break and few candle closes below 79.609 will push it even lower to target 76.741 For longs: Rejection at 79.609 and 78.932 would signal a good entry for longs. ABCD completes at 85.230

mlwinter Updated 

Watch out for price action in blue box for rejection candles to enter long (bounce from 200 and 100 MA would be great). I think price is currently making a correction after a bullish move that broke two downward trend highs.