GBP/JPY Buy Set up Technical breakdown on GBPJPY GJ is in a very bullish condition, however, I understand that the pair is also trading at a strong level of resistance Saying that, GJ has the potential to break past resistance, and this could be the trade we need to make it happen GJ has broken 15m resistance but hasn't come back to retest, this key area also...
XMRUSDT on the 4h chart is trading inside an ascending channel. The price after the yesterday's impulse is now trading in a choppy way with a retest of the 0.618 fibonacci support. How can i approach this scenario? I will wait for the EU market open and in the case that the price will break above the 4h resistance i will consider a long order according to the...
In addition to the previous post about fibs. Break of structure, pullback, reaction. This is not the best tool to open a position, at least I think so, because I do not understand the mechanics of this setup. This is just an observation that you might find useful. Cheers lads
GBP/JPY Short. Potential set-up with various underlying fundamental confluences such as fear of hyperinflation, Ukrainian War, and Banks trying to tackle inflation. I will only look to sell if we get a BOS of the mini counter trend which would then form an obvious head & shoulder pattern to support the continuation of the strong downtrend we are currently in.
Hi Trader, see my current Idea on XAUUSD. For further informations about me and my services look below. RL from RT_Trading
Since my first DOGE idea the asset continued to seek lower support resistance areas, however, it bullishly maintained and respected the downward sloping green trendline that was broken almost exactly a month ago from today. Now, DOGECOIN finds itself in a range between the .236 and .382 fibonacci levels that correspond with the swing high to $0.29. It is my hope...