BITFINEX:BTCUSD In recent ideas, we considered the output of the 5 wave triangle, which gave us 6% profit. Soon the wave of growth will end and it will be followed by correction. For you, I noted on the chart the daily zones, where you can short on your trading strategy. And areas of interest, the place where the volumes for long will accumulate. Good luck, i...
Hey Guys and Welcome, USDCAD broke back above previous week price action, we are following „Mid“-term Trend with a good RR. Strong bullish movement, broke previous H4 Highs previous week confirming an uptrend we follow this one.. Short: 1.31016 Sl: 1.30247 (75 Pips) Tp1: 1.31826 (80 Pips) Tp2: 1.32968 (190 Pips) Feel free to Comment and Discuss my...
Price looks like it has some more upside momentum for one more push. Will be looking for an entry after a Higher High/Close (preferrably Engulfing) 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. Entries, targets and closure...
Looking to catch a measured move from the 1.2274 level back up to the 1.2523. Price is currently found at a confluence of the 0.618 retracement and a significant support level from the beginning of March. Will be looking for a Higher High/Close D candle before entering. For risk and money management purposes, always determine a max. of 2% risk on every...
Hey Guys and Welcome, EURGBP broke back below previous week price action, we are following „Mid“-term Trend with a good RR. Price very bearish last week even with a downside break of our Mid term uptrend, we follow this wave.! Short: 0.88072 Sl: 0.88292 (20 Pips) Tp1: 0.87874 (20 Pips) Tp2: 0.87574 (50 Pips) Feel free to Comment and Discuss my Trades....
Hello traders! At this moment NZDUSD had a strong rejection from the top of the daily channel - 0.745 level. 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....
USDCAD; LONG We see a break of a vital resistance to the upside; While creating Higher Lows and Higher Highs. A clear indication of an uptrend. We'll wait patiently for the price to come back down and retest the previous resistance as a new found support. Also, we shall see if price prints a bullish candlestick on the retest. KEEP IT SIMPLE #PipKings t.me
Alright guys, I'm feeling pretty confident on the market again, and I think a lot of coins (including Bitcoin) are coming to a close on their long correctional periods. We're all in this market because we believe in it. If you're scared of coins dropping, then I hate to say it, but either don't look at the prices, or strengthen the testicle jugulars. If you've...
COULD GOLD PRICES VIOLATE OUR RESISTANCE ZONE? I think that a bullish movement on this metal is in the works, we could see GOLD appreciate to highs of 1350.0. ULTIMATELY eliminating our current resistance zone , and smashing through our ceiling at the 1360.00 Region! Lets wait and see!
Entry @ Market Target @ 0.7000 Stop @ 0.6898
Entry @ Market Target @ 1.5752 Stop @ 1.5600
Entry at Market Target at 1.2390 Stop at 1.2280
Entry at Market Target at 0.9436 Stop at 0.9320
Entry @ 0.7435 Target @ 0.7481 Stop @ 0.7415
Entry @ 1.0759 Target @ 1.0818 Stop @ 1.0735
Entry at Market Target at 1.7638 Stop at 1.7815
Entry at Market Target at 1.1741 Stop at 1.1675 Note Wave 5 could go even higher but my target would be as indicated