LH - 106.895 (bearish below this level) and continue T1 106.240 & T2-105.755 ---------------------------------------------------------------- Narrow range for traders on daily chart : Traders, can trade both side and take profit until no-major change in volume and price. Up-side breakout above 107.075 Weekly chart: Falling wave(downtrend) inner side...
Hi traders, I opened the NYSE:CXO SHORT yesterday because INSIDERS increased their SHORT positions. This information alone is not enough for me, because they are often in the market too soon... BUT! We escaped from the Value Area (Trading Range) which imprisoned the market for about 10 years! And this is already a strong confirmation of the possible short...
EUR/JPY Price moving up to the trend line which will be the 3rd touch, also coincides with a previous key level so I will be going short once price hits highlighted area.
Hello Traders, Here's my analysis for XAUUSD, I have setup 2 STOP orders for you to put as pending and to let it run until take profit Trade Safe
Hypothetical scenario: (1) Entry @ 0.65650 (Sell Limit) (2) Stop Loss @ 0.66100 | 45 pips (3) Target 1 @ 0.64590 | 106 pips | 75% closure | SL to Break-Even (4) Target 2 @ 0.63780 | 187 pips | 100% closure Stay tuned for the updates. Follow and leave a like if you liked this idea and want to see more! *DISCLAIMER* This post is solely for educational...
Hypothetical scenario: (1) Entry @ 106.500 (Sell Limit) (2) Stop Loss @ 104.000 | 250 pips (3) Target @ 111.300 | 480 pips (4) R:R = 1:1.92 Stay tuned for the updates. Follow and leave a like if you liked this idea and want to see more! *DISCLAIMER* This post is solely for educational purposes and does not constitute any form of investment / trading advice.
Famous resistance. Overbought. Good entries would be a rejection of H3 or H4. If price clears and closes over H4 on even more than an hourly I would stand back because who knows what could happen then. good targets would be L3 and then potentially the 8k region for a longer play.
This idea is similar to the AUD/USD post I made just a few minutes ago, so make sure you also check the "Related Links" section below if you want to see it. Hypothetical scenario: (1) Entry @ 0.61400(Sell Limit) (2) Stop Loss @ 0.61880 | 48 pips (3) Target 1 @ 0.60770 | 63 pips | 75% closure | SL to Break-Even (4) Target 2 @ 0.60120 | 128 pips | 100% closure ...
Trade Setup for "Swing Trader" :- Plan (A): Sell 9692-9780 nearby target as 8874-8838 and 8842 nearby If you can chance, then Plan (B): Sell, 10086-10333 nearby for target 8874-8838 and 8842 nearby The U-turn (at 5th wave) clear on Projection in next month. We'll in down-side trend before the starting next...
Currently watching price pull back from Asian/London cross movement. Expecting bullish trend to continue and ease of U.K. lockdown may be announced Monday. Trade plan for the day is to capture two 30 point movements. 1st will be if price reverses from 50SMA with buy signals. 2nd after another pullback from that move. Timescale would be the 1st during London’s...
After 1.5 days of trending downwards within our parallel channel, we finally start to see the price slow down near our 0.618 Fibonacci retracement level where we might consider opening a long position. My bullish bias will be confirmed if we manage to finally see a solid break and close above our channel as seen on the chart. Manually executed long with a 60 PIP...
This is a complementary chart to the analysis uploaded on the SP500 short term bearish bias that paints the picture of what I am looking for, however we need to see a catalyst that can push the price lower and eventually a FED step in to continue a recovery trend. Read the full idea on the other post Thanks! leave your comments. Be wary of correlations this...
✨ We provide charts every day ✨ Drop a requested Ticker in the comments and we will be sure to take a look ✔️ Like & Follow to help the community grow! 🎉🎉 --- WIll Alt season ever come?! As the price falls and BTC continues to rise short term, will we be seeing a continuation to the downside for EOS or could we have already missed our entry at the 4k sats...
🔸 DAILY CHART EXPLANATION: . 🔸 Price is on a Descending Channel, and we can observe a Lower Timeframe Channel also. . 🔸 It is now facing the lower trendline of the Short Term Channel. . 🔸 If it is broken, then there is potential for a downside move towards the Major Descending Channel, and, if price bounces, then we could see a bullish move towards the upper...
Short position setup. 3:1 trade ratio + 2 pips to cover spread Short opened at 05/05 15:43 GMT+1 1.24519 TP was extended to new target SL moved to new position MACD histogram Turing red indication bearish pressure
Identified overall trend on the 4 hour chart, in this case the market was a downtrend, therefore I was looking for a short position. Whilst still on the 4 hour chart, I looked for the last MAJOR move to the downside and located the SWING HIGH and SWING LOW. Once located, I used the FIB tool and went from my located SWING HIGH - SWING LOW with the tool. After I...