Pair is giving a nice consolidation, potentially setting up for the next move up which I expect to either take off from the 38.2 or the 61.8
My personal details:
Entry: At Market, Stop: 82.32, Target: 83.85
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...
Hey Guys and Welcome,
EURGBP retraced over 60% of previous „Week“ price action, we are following „Mid“-term Trend with a good RR.
Price was bearish last week, and retraced around 50% of previous Wave X-A Movement will we see a push to the upside,
forming new highs and respecting HH and HL Structure.
Long: 0.88945
Sl: 0.88454 (50 Pips)
Tp: 0.89520 (60...
Hey Guys and Welcome,
GBPAUD broke previous week Lows, we are following „short“-term Trend with a good RR.
Very bearish Price action last two weeks, following this drop expecting another bigger drop...
Short: 1.76342
Sl: 1.76976 (60 Pips)
Tp1: 1.75657 (60 Pips)
Tp2: 1.74746 (160 Pips)
Feel free to Comment and Discuss my Trades.
Have a Great Week!
Alan
Note that on a candlestick chart the price has already touched the $5857 level but I still expect BTC to come down one more time to retest it and give a bottoming formation which will most likely trigger the upside move.
My personal details:
Long @ Entry: $4632-$5857, SL: $3210, TP: $10000
For risk and money management purposes, always determine a max. of 2%...
Similar scenario to AUD/CHF (See Related Ideas section below).
Zig-Zag Correction could very well be over and the new impulse may have begun.
My personal details:
Long @ Entry: At Market, SL: 81.00, TP: 89.40, RR: 1.47
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...
I normally wouldn't label a Running flat prior to seeing the impulse indicating that the correction is over which is why I went ahead to label this one. Furthermore, we have been seeing Bullish Divergence for weeks now and Divergences can hint 2 things. 1) Either the new Impulse is in the making, 2) Deep pullback is in the making.
Judging from the Weekly...
we got NFP( Non-farm payroll) there's possibility of USDCAD to go up as U.S. added more employment last month and ADP was bullish to US pairs too. Initial Jobless claims and Continuing Jobeless was decreased too which means it was good for USD and USD Index touched support as well. so this is my idea that NFp is going to be bullish for USDCAD which will make it...
