Buylimit
My bet on silver that wallstreetsilver movement will succesed.Charts show us on monthly and weekly candles clear bullish signs. Daily is a bit trading range from bigger picture. Anyway on 4H graph i marked the Fibonacci levels and daily plus 4H fibs. extensions, match on the same price. That price is a 27. In such conditions on the market i will place another limit order at price 26.550. My trade is based on probability that Silver will sooner reach price of 30 before we fall to 25. Although I personally believe that silver will this year break that 30 lever mark, mainly due to rising inflation and that movement Wall Street Silver. I highly recommended Wall Street Silver youtube Channel or Arcadia Economics for more information about silver market,miners.
Waiting below previous month ath 58350Clear bounce from 58350. Price has been set stop.
I set buy limit around the top of the volume profile : 56500. And another limit on purple trend line and FIBO 0.618 zone 54620 because these prices
are true support in the main trend. But we still have to think about possible decline even lower and therefore do not buy for much % of account.
RSI 63. neutral level
Both side of positions longs and shorts keep increasing at same time.Which hold BTC in uptrend.
if the price closes 1H/4H above 58350 possible add % too.
Inform where you purchase and why, we can solve it :D
GbpUsd missed buy opportunityI didn't take this trade I was asleep. But This would have to be a set buy limit and for an execution. Supply and Demand as always. Nothing changes. You can see the liquidity I would have targeted and took my profits. Can be in them all but Its always nice to know that the strategy is working. This trade would have been a 4% gain which is perfect. On to NewYork to see what we can find.
Understanding the difference between market pending orders !!Hello traders
Today our btcusd chart will show you the differences of market pending orders. These order types will help you to avoid getting into the market early.
Please read the chart carefully and adopt it into your trading entry rules.
Thank you and trade safely.
EURUSD will continue uptrend- Short-term trading suggestion Long term view EURUSD
In the monthly timeframe downtrend line is broken. And in the weekly timeframe 1.1610 acted as a valley and supporting area and price is forming a new uptrend. In D1 after we reached 1.2170 price started going down maybe to reach 23% Fibonacci retracement.
In the H4 after forming a top @1.2173 and after that a shooting star with a high @1.2162 a downtrend was formed and today the price confirmed it @1.2147.
As I see the market in the short term (H1) It seems to me a triangle pattern is forming.
We may reach the 23% Fibonacci retracement support level and if we get enough support from buyers, we will expect resumption of the up trend.
My trading suggestion is setting pending buy limit orders @1.2040 and target@1.2170