1000 pips setup, ENTRY POINT 0.95164 , Take Profit 0.85253 Like means Support :: and Follow Me Fore more :: check My 10 Last Winner SETUPS
We need to proced with caution with this trade, the markest have a lot of volatility and risk aversion at the moment. On the technical side we have a nice buying area that we have tested before arround the 195, in case it breaks to the down side we close the trade because we don´t if the stock can return to 140.
GBPAUD - Intraday - We look to Buy a break of 1.8461 (stop at 1.8418) Price is in a bullish flag. With our medium term bias looking to fade gains and the short term bias indicating buying interest we are faced with mixed signals. Short term MACD is moving higher. Expect trading to remain mixed and volatile. The trend of higher highs is located at 1.8600. A...
🔸WEEKLY CHART EXPLANATION: . . 🔸Price is on a downtrend since 2015, making lower lows and lower highs. . 🔸We can observe that it has bounced at the Descending Trendline. . 🔸The first target that we are considering is the Support Zone at 70.000. . 🔸We have an active trade on this pair. Our short trade was triggered after the breakout of the lower timeframe...
AUDCAD just broke the uptrend strutture and making a new lower low, time to short
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🔸4H CHART EXPLANATION: . . 🔸Price bounced at the Support Zone where it has bounced multiple times. . 🔸It has broken the Descending Trendline. . 🔸The long term target is the Resistance Zone at 1.8200 if price manages to break the previous local highs. . 🔸We can observe that there is a lower timeframe consolidation at this moment. We are planning a trade based on...
EURJPY H4 - Little bit of a relief rally yesterday from our identified support zone, recent H4 candle has closed to break support, potential rejection of weekly key level and retest of that broken zone before possible short continuations, simply support turned to resistance. Very similar to DXY where resistance turned to support.
head and shoulder formed and confirmed, great set up to short
🔸 DAILY CHART EXPLANATION: . . 🔸Price is facing the Support Zone that has been tested multiple times. . 🔸We are waiting patiently here for a confirmation before considering a trade on this pair. . 🔸In case of the Bullish Scenario, we are waiting for a clear rejection at the zone and then for a bullish corrective structure on a lower timeframe. The target is the...
GBPAUD - Intraday - We look to Sell a break of 1.8238 (stop at 1.8263) Trades with a bearish descending triangle formation. Further downside is expected, however, due to the strong support below we prefer to sell a break of 1.8238, which will confirm the bearish sentiment. Expect trading to remain mixed and volatile. The RSI is trending lower. The bias is to...
🔸4H CHART EXPLANATION: . . 🔸Price bounced at the Support Zone and consolidated for about a month. . 🔸We can observe that the wedge pattern has been broken (corrective move). . 🔸We consider that this pair has bullish potential towards the Resistance Zone. . 🔸Will look for a lower timeframe bullish setup. 🔸 DAILY CHART ANALYSIS:
🔸DAILY CHART EXPLANATION: . . 🔸Price has been on a corrective move for the last weeks without clear direction on this timeframe. . 🔸The last week, it bounced at the Resistance Zone. . 🔸We consider that this pair has bullish potential, but first, we are waiting for a breakout of the Resistance Zone and then for a retest before consider a bullish trade. . 🔸 The...
🔸DAILY CHART EXPLANATION: . . 🔸Price broke the Descending Trendline and did a strong upside move. . 🔸At the Resistance Zone, it began a corrective move (where we are now). We can observe that the Descending Trendline of the correction has been broken. . 🔸We consider that the bullish target is the next Resistance Zone at 1.25000. . 🔸 We are waiting for a little...