nice breakout after long period of consolidation, good set up for a long run
GBPCAD going short after a resistance rejection pattern
EURAUD waiting for breakout as confirmation to the upside for buying
Disclaimer: This is not financial advice. High leverage trading is about entries, you need to have patience and not let fear of missing out drive you into opening rushed positions. Map out your trades in advance and wait for the right entry. My aim is to capture quick & safe profits, not to predict the future, this is possible only by planning ahead and waiting...
TRADE IDEA EXPLANATION: - Referring to the 4H chart, what we will look for to get involved in this pair is what we indicated on the chart. - After the break of the Ascending Channel, we expect a penetration of the Support Zone and a Corrective Pattern (Flag, Pennant, Zig-Zag, triangle). - If this is formed, we will place our bearish position after the breakout...
AUDCAD long setup after hitting the 50% fibonacci level
GBPCAD just broke below support after a period of accumulation, going short with a good set up
EURCAD reaching 50% retracement level with confluence, nice long opportunity with good RRR
EURNZD waiting for a re-test at liquidity zone with a great change for a long position
waiting for a break below the wedge for a short position
🔸DAILY CHART EXPLANATION: . . 🔸Price broke the Major Ascending Trendline. . 🔸It has been consolidating on the edge for a couple of months. . 🔸If there is a bearish breakout, we consider that the potential bearish move can reach the Support Zone at 1.6600. . 🔸Will look for a lower timeframe bearish setup if that breakout happens.
🔸 WEEKLY CHART EXPLANATION: . . 🔸This pair has been very choppy for the last months. . 🔸We can observe that it tried to break the range to the upside but wasn't able to consolidate above. Instead, it left a pinbar and a strong rejection to the downside. . 🔸Our bearish view involves a potential downsive move towards the Ascending Trendline, however, we need to be...
GBPUSD waiting for a retest after the breakout, good long position
AUDCHF approaching a very stable support zone, good opportunity for a long position
Ethereum - Intraday - We look to Buy a break of 409.4 (stop at 399.4) Prices are extending higher from the bullish flag/pennant formation. We look for gains to be extended today. Posted a bullish Flag formation. A break of 409.0 is needed to confirm the outlook. The bias is to break to the upside. Daily signals are bullish. Our outlook is bullish. Our profit...
GER30 - Intraday - We look to Sell a break of 12245 (stop at 12371) Early optimism is likely to lead to gains although extended attempts higher are expected to fail. We expect an initial move higher to fail and look to set shorts on a break back through 12250. Our outlook is bearish. Trades at the lowest level in 21 weeks. Bearish divergence is expected to cap...