USDCAD DOUBLE TOP FORMATIONUSDCAD. Structure is key in my view when i look into charts, Firstly we see that the price is respecting our channel clean touches on the channel , we now followed by a nice and neat double top formation, Heading to 4H chart you going to see the candle stick confirmations, clean entry was taken on 1H chart, our RR is 1:3. Risk management is key fellow members.
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NAS100 LONG SET-UPNAS100. What we currently seeing is a simple channel , that is now showing us that the third is still not filled yet, a great opportunity to enjoy the rally to the upside. the market is now consolidating showing us market breath after the impulsive move, Thinking in probabilities, we see that the market has some probability of giving us a double bottom, whereas we open to that possible move, Risk your capital wisely, stay away from putting stops near psychological areas market makers know where to take you out, be careful.
POTENTIAL SWING BEARISH TRADE ON GJ:MORE THAN 1500+ pipsWe are experiencing an upward move with some hundreds pips but regarding the concept of supply and demand which mostly control this pair, then we are expecting a massive drop when price reaches 167.000+. Regarding someone with a capital of 500 USD minimum, he can take a trade risking 200 pips for 1500+ reward. As it may take 1to 2 months maximum, one who have been holding GJ may capitalize more than 1500 USD with the 0.01 lot. Sounds great!! 🙂
EURNZD SELLWe have our double top at the are followed by a push down and a flag on the 1H. The flag has a 3 touch structure with a corrective nature and above all, we got our candlestick pattern. all we waiting for is to be triggered into the position. Soon as we close at a 1:1 RR we move stop to entry.
BTCUSDT SHORTBTCUSDT As we know experienced alot of ups and downs ,This is another one And I Am Very Sure it is gonna be massive. My Confluence In Taking This Trade Is A Trendline,Accending Channel,Touches,Lowe Timeframe Continuation Pattern And Other Private Confluence.TRADE SAFE ABD ALWAYS STICK TO YOUR R:R.
UKOil short position Uk oil has been bullish for the longest time now but as we can see on the weekly timeframe,price has broken the previous high and we ask ourselves “how did the market approach the area” rather than looking at the area itself. The market has broken that high correctively signal a possible reversal.