EURGBP False breakout created a H&S. SHORT POSSIBILITY?Hi all.
The 4H/Daily chart showing some H&S after a false breakout of the zone for EURGBP.
We are watching price-action very closely to jump into this trade!
Work the pullback, enjoy the swing!
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BRENT CRUDE #OIL IS COMING BACK TO THE STRONG LONG POSITIONHello,
We have a very good comeback for brent crude oil. If you are following this pair since, from the recruitment period you might note that pair is growing steadily and this the point that I saw too.
Lets, discuss some different tools, what I used for the careful forecast. As you see I used two different and very attractive pitchfork, which I'm going to discuss right now.
#1 Simple #pitchfork
As you see from the lowest point and the next highest point I found the trend line, which is out of the standard pitchfork and it didn't follow the borders of the fork. For me, it means that Brent crude oil either long or short position, which was not guaranteed for more than 50%. ( When I see the chances are more than 50%, I always follow this trend!).
What the next decision?!
#2 Schiff Pitchfork
And here we are! DOo you see the borders of the trend and exactly tunnel where brent crude oil is increasing? This is another positive hint for me to choose a very long position and follow these lines right now.
And the last part of my forecast!
I never forget SL and TP part, what I already mention on this pair and please, use them too.
I wish to receive your, follower, likes, or comments and we can discuss it.
US30 SELL SWING TRADE! Afternoon all,
Are we noticing a sell off from the us30! I have added my analysis
4hour trendline broke and retested fib broke and retested the 50% fib with strong daily Resistance!
This is a swing trade looking at high gains!
News
The Michigan Consumer Sentiment Index released by the University of Michigan is a survey of personal consumer confidence in economic activity. It shows a picture of whether or not consumers are willing to spend money. Generally speaking, a high reading anticipates positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).
Donald Trump will hold a news conference at New York City, his first since July.
This may well be affected!
Ontology on critical resistance. If it holds above, bag ‘em.Follow me for more ideas. It will give me motivation to publish more ideas.
Another my favourite blockchain Ontology is facing critical resistance. However rsi is conforming convergence so, we can get huge upside move.( The only thing which can drop ontology’s price is BTC/USDT.) If it holds above $0.5, i’ll suggest to hold for medium term.
EUR/GBP LONG After a very bullish close on Friday, I have taken a long position in this pair. I expect this pair to potentially move all the ay up to 0.9300 area over the long term.
I will be looking to scale out some of my positions as previous highs and will being my stop to breakeven at the alert.
If you want to learn more, please follow me on here or on Instagram @saxonpooley. I produce free weekly outlooks every weekend, where I break down key areas on a pairs I am watching.
I also teach people how to trade so if you are keen to learn, feel free drop me a message!
Saxon