Like we said yesterday, the strong psychological number of 1,000 is suitable for a possible pullback. As of right now, it hasn't gained momentum yet and it's still possible to see a further push down and price trying to break below the parity level. In case of price bouncing back up, we could wait for 1,0150 and then look to enter short again!
✅GBP_CAD is going down currently As the pair broke the key structure level Which is now a resistance, and has made a pullback And the retest, so I think the price will keep going down now SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! USD-JPY is trading in an uptrend And the pair broke a key level Then went up and is now retesting The broken level from where I am expecting a rebound and growth Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Interesting breakout here because this is the real deal. Change in price ($/share)met change in time at the daily level and change in price (%) met change in time (weeks), both 75. Initial target is 283 pre-split.
Enphase Energy is a solar stock setting up in a textbook breakout pattern. Pullbacks have shallowed from over 50% at the start of the bear market down to 14%. This volatility compression shows accumulation in the stock and a transfer from weak hands to strong. The numbers are tremendous on this one. As you can see from the MarketSmith numbers at the bottom of the...
ITCI is a biotech setting up for a potential breakout at the $60 level. The biotech sector is showing market-leading strength off the lows with many stocks in this group at or making new highs. Relative strength ranks 97/100 and the company has seen triple-digit sales growth in each of the last four quarters. Look for a breakout above the $60 mark on...
If this setup plays out as shown, I will be going long after Brk and Retest for aa average 1:2.9. Like and Subscribe.
IF this setup occurs I will be going long after the BREAKOUT & RETEST! Like & Subscribe.
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Am waiting for this setup to play out to take this good 1:4.18RR if the scale-in plays out as expected I will be looking at 1:5.18RR. Like & Subscribe.
Waiting patiently for this setup to play out for an average 1:2.96R profit..... Targets on chart, Like and Subscribe.
Only, I repeat ONLY if I see this setup play out for at least a 1:2.9R, I will take this long..... Targets on chart, like and Subscribe.
Target Done. Took entry at acending triangle breakout.
Guys am sorry, I couldn't post this trade yesterday when I entered cause I reached the limit for number of public posts in a day which is 10. Though u can still enter as if the scale-in is ur new entry.....I advise u wait for another opportunity as there will be many more to cone if you are subscribed. Am looking to get 1:4RR and this goes up to about 1:5if u add...
This morning EURUSD was a few pips away from its parity price. The downtrend is still strong and we will be looking for levels below 1,0000. This strong psychological number will most likely cause a pullback due to profit taking and stop loss hunting. If this happens then it will look even better for short positions. We're not looking to buy the EUR here on...
USD /CAD LONG price action support and resistance Break out moments trend
Price has been rejected from the 22500 resistance. To be fair, this is the most significant resistance we have on the chart right now considering that it is both a daily resistance and the 200W MA which has been acting as support in the past and should now act as resistance. The way I see it there are two basic scenarios here: A) Bullish Scenario: The price...
Euro/Yen Japanese break out this structure and want to continue climb that we could to get a good trade in this par. And also we forming a bullish divergence in the RSI and price action too. We're in this way forming a bullish divergence In Daily timeframe it's look bullish from this key support zone above 138.50 JPY. I put a buy order limit to $138.76 JPY,...