Hello all - DuncanForex here with another trade idea. I am entering additional positions after the bullish engulfing candle was printed at support this afternoon on the 4hr chart. This coincides with the weekly bullish pinbar and now looks like the next leg higher will occur sooner than I expected. I am expecting some of these trades to be held for a few...
Hello all - DuncanForex here with another trade idea With GBPUSD cycling higher on the 1 hour chart - although it is against the trend - I am looking to trade it back to resistance. On the 4hour chart it has printed a nice inside bar and the high of that candle as already been broken. I am expecting USD weakness now certainly until month end as we head to the...
Hello all - DuncanForex here with another trade idea. After GOLD breaking out from the consolidating triangle and heading higher - USD is weaker sooner than I expected. Therefore, I'm looking to sell the USD> Here is another opportunity to do that with the EURUSD> With European PMI data coming out over the enxt few days into next week and the ECB meeting on...
Hello all - DuncanForex with another trade idea. With Gold finally taking it's second leg higher this afternoon - (please see related trade below) - I am in turn expecting JPY to gain strength. if the inside day is printed tonight on USDJPY, I can see JPY gaining strength overnight and USDJPY falling lower rapidly (may even gap after 22:00 BST with lack of...
Hello all - DuncanForex with another trade idea With USD gaining strength - I am looking to go long on USDCAD I missed the 4hour bullish engulfing this afternoon therefore I am entering on the daily chart - with also a buy limit set at the 50% retrace point so if that triggers I will have a larger lot size I am looking for 2 targets - first arrow is the...
Hello All - DuncanForex here with another trade idea After a couple of failed XXX JPY trades I have been sat back watching what happens next With EURJPY bouncing off dynamic support - and with RSI showing divergence. With Risk Off sentiment - I am looking for JPY to go higher - certainly to the dynamic resistance plotted on the chart Thanks for looking Duncan
Hello all Following last weeks short that played out well, now it has broken through the trend line, i expect it to follow the route i have mapped out for it on the chart. To head lower to ultimately get to 6750 as it cycles lower. If it breaches and closes below 6500, we have a bear market (however thats a long way off and we don't know until it prints beloiw...
EUR/USD technical overviews: *-Downtrend channel *-Strong resistance area at 1.3000 *-Nice shooting star candle signaling slow down in price momentum *-This pair has a unclosed gap since 2017 at 1.0800 #TradeSafe
TRADE SIDEWAYS NEX BREAK TO 124? POTENTIALLY LOOKING FOR BETTER ENTRY PRICE AFTER HARDFORK. THE TIME MAYBE CLOSER THAN THAT TO HOLD ETH FOR 2019 EOY TRADESAFE. TRADESTABLE.
BTG starting to show divergence Looking like it could be getting ready to make a move. A great coin to keep an eye on and look at smaller time frames for confirmation and breaking of lines upward.
Potential Bounce point for BTC Wait for conformation before jumping in. I feel this is a possible trade entry and target for my own research.
NEO ready for reversal of retrace ALWAYS watch BTC as NEO seems to be greatly affected by movements of BTC ALWAYS TRADE SAFE and use a STOPLOSS!!! This is my own opinion and not trading advice. ENJOY!
Hey guys, it would seem the general consensus among the majority right now is that we're heading into a new low, or at least a retest of the 6k area - I'm not so sure. I've been mostly bearish since i began posting but that was before... before i saw BTC break the bear channel and HOLD. This will mark the first real retest of that once VERY staunch resistance as...
Cable is in consolidation .DXY is strong today.And big news ahead.Wait the price to brake above or below the two resistances for direction . #tradesafe
Sell on the lower-low lower-close bar after a retest of the trendline. As usual : broke out of the pattern, wait for a retest of the resistance, and sell it off. RSI is kind of low so I'm waiting for the moment. It might also bounce of the 200SMA. *SL, Entry and TP might not be the one I'll use* Trade safely!
Widerstandsbereich hält z.Z. Markt aktuell in kleiner Boxrange. Mal sehen wann er Richtung Süden ausbricht :)
We broke the trend line on 4h chart yesterday.We are still under a bearish cloud. Conversion and base crossed indicating a down move.So we could be retesting the trend line before we go long. Yellen is speaking also today,so i think this could be the turning point.Until then #tradesafe
EUR/USD has tested a strong daily Resistance Zone at 1.138 and dropped down again. Now this Pair has formed a Bat Pattern and broke out of a ascending Trendline. Now i'll wait for another breakout on a lower Timeframe and enter base on this breakout. SL and TP's are shown in the Chart. Tell me your Opinion about this Analysis in the Comments please. Trade safe, Daniel