Welcome to our weekly trade setup ( AUDCAD )! - 1 HOUR Sideways price action. 4 HOUR Slowly dropping market with a lot of waves and pullbacks. DAILY Sideways market at its highs, good short entries. - FOREX SETUP SELL AUDCAD 1ST ENTRY @ 0.90310 2ND ENTRY @ 0.90480 (Wait for trigger) SL @ 0.90780 TP @ 0.89780 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (Remember...
- Thoughts: waiting for AUD/CAD to come up to the 0.786 fib for short entry - T/P: next support level - 0.90100 - S/L: above previous resistance - 0.090733 - Risk/Reward: 2.54 GLHF Disclaimer: I am not a financial adviser; trade at your own risk
There is currently a short opportunity in this forex pair. This setup stays intact as long as the market stays below the invalidation point and there are to targets (red boxes) to the downside.
My details: (1) Entry @ 1.11575 (Buy Limit) (2) Stop Loss @ 1.11455 (12 pips) (3) Target @ 1.12135 (56 pips) (4) 50% partial @ 1.11745 (17 pips) 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.
1.18536 ? Looking for quite the drop on the dollar index and a nice little reversal here. For further details on this trade or any help please message me, and happy trading! :)
As discussed in my previous charts, NSE:VEDL was looking to make a move from Downtrend to an uptrend by breaking the previous high and making higher low. We were looking for a continuation of this and wanted to see more confirmation by another higher high and higher low being created. However what we are seeing is a congestion zone (more of a rectangle channel)...
Write your opinion write below.. I will try to get this SHORT in the few next days :) 1 to 3 RR only!!!
for those who follow me there is a gift! it is a lesson accept it or not it is the most important lesson i learned from R. N. Elliott: * impulse waves consume's price rather than time * correction waves consume's time rather than price so look at this chart. it is so obvious that we are in a correction with 90% (let say!) probability. but why people are calling...
Welcome to our weekly trade setup ( USDCHF )! - 1 HOUR Bearish price movement/pressure. 4 HOUR Sideways waving structure at its support. DAILY Overall slowly rising market with great long entries now! - FOREX SETUP BUY USDCHF 1ST ENTRY @ 0.99000 2ND ENTRY @ 0.98780 SL @ 0.98420 TP @ 0.99640 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (Remember to add a few pips...
EU looking decent for longs right now. Moving stop to B/E at 1.04500 level & looking for price to break the larger structure high. Will update this as it develops. Remember, proper risk management on this trade. Position to risk 1-3% of your account
TVC:USOIL has recently got on an uptrend but price has reached an important level of FIB levels...Price will see a lot of congestion at this point, like what we are seeing already. I have shown various timelines and important support and resistance levels going ahead. Look for signs if price makes higher highs and higher lows, for confirmation of uptrend. and...
H4 on FX:USDJPY is showing on a support level and we may see a bounce from these levels, one can buy on bounce. Also, look for RSI moving / starting to move upwards from the Green zone that It currently is placed. IF RSI breached the green Zone, expect price to have a downward bias , where you should then go short! Keep looking more on this space If you like...
Hello traders, Here's a realistic view of how gold has been trading for the past 4 years, about to be 5 years in 3 months! Every 200 days it has a 30,000 pip movement up, then 30,000 pip movement down!
Professional Traders initiate trigger action on quiet market days. AAPL is testing new highs.
XETR:DAX has a good run up recently and has formed an uptrend on the daily charts. While the chart is self explanatory, I would like to share some thoughts If you are long the DAX, stay invested. When it comes to fresh entry, I may want to look at a retracement and see higher low formation, and then buy! Trust this helps If you like what you see, then please...