WELCOME TO DACAPITAL TRADING!! GBPUSD just started moving as expected, quick Timeframe breakdown for free and everybody. 4 HOUR Strong price action below previous week low breaking it.. DAILY Sideways couple of days finally broke out this level to the downside WEEKLY Strong bearish movement last few weeks following this bad boy LEVELS SHORT @...
WELCOME TO DACAPITAL TRADING!! EURCAD just started moving as expected, quick Timeframe breakdown for free and everybody. 4 HOUR Bearish explosion and close below previous week low, expecting further drops. DAILY Strong Seller pressure over last few weeks, we follow this price action. WEEKLY 8 out of 9 last Weekly Candle closed bearish. LEVELS SHORT @...
Hello traders! At this moment NZDUSD had a strong rejection from the top of the daily channel. There was previous resistance. You need to remember that NZDUSD is in a corrective structure right now. The correction may be over. Short term target will be inside the channel. We need to see how the price will break the support for more downside. Wait for a ...
Hello traders! At this moment GBPUSD had a strong rejection from the top of the daily channel. There was previous resistance at this level and now we formed a double top pattern . You need to remember that GBPUSD is in a corrective structure right now. The correction may be over. Short term target will be inside the channel. We need to see how the price will...
Price has respected the blue trend line perfectly 3 times and on the 3rd it has made a bullish engulfing candle stick. If you look at the 1hr time frame the price has made a flag and this could be the entry i wanted.
Anticipating the pair to get moving with the LSE open when all the volume will be coming in. E: 1.1865 SL: 1.1820 (45 PIPS) TP: 1.1970 (105 PIPS) RR: 2.33 For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss. Targets and...
When a buy opportunity like this presents itself I love to share it with you all. The more of us that understand technical analysis, the more likely charts will follow TA patterns. Buy signals for technical analysts become self fulfilling prophecies, and it's no surprise that a coin that is as heavily traded as $TRX would follow the rules almost perfect. What...
The pair is currently forming a classic ABC correction and could potentially take off from the 0.618 or 0.786 which happens to confluence nicely with yesterday's POC. E: 1.3514 SL: 1.3483 TP: 1.3593 RR: 2.54 For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be equivalent to...
WELCOME TO DACAPITAL TRADING!! CADJPY just started moving as expected, quick Timeframe breakdown for free and everybody. 4 HOUR Small pullback after breaking previous h4 lows retesting them DAILY Last 5 days very bearish price movement and break of several lows indicating a downtrend WEEKLY Price was retracing and in consideration over last two months, now...
We can expect chfjpy to retest the previous high then continue to push downward with the bearish momentum. For those who take cheers !
As we see in the chart above, the price started going down and then making a retracement in the 0.5 fibonacci level. If the current candle ends as an envolving candlestick, I`ll be going short looking for a 3-1 risk reward.
We can expect eurusd to retest the low then move up from there. We have a 3 key profit zones. Cheers to those who hop on !
According to my Wave count we are currently forming the 5th and final wave of a motive wave sequence which could very well finish at 2013 levels, and specifically the 1.24xx region. My approach would be setting a Buy Stop order above the 1.2027 level from which the pair plunged dramatically after the SNB decided to unpeg the CHF from the fixed exchange rate of...
Judging by the former Impulse I am expecting the price to come back up and retest the 1.31xx levels. My personal details: E: 1.2852 (274 PIPS) SL: 1.2750 TP: 1.3126 (102 PIPS) RR: 2.68 For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip...
From the looks of it the pair is found in a 4H Flag Consolidation. Should it break to the upside we are then looking into the potential of an Inverse Head and Shoulders forming which should indicate some further upside for the pair. My personal details: E: 0.9028 SL: 0.8980 TP1: 0.9100, TP2: 0.9268 RR: 1.5, 5 For risk and money management purposes, always...