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GBPJPY continuation patternSo i was going through my jurnal and i find something intresting. I did learn from this that first u cant have ego in the markets and revenge trading is bad. U cant be always right... Second intresting thing that i found out is that this pattern keeps forming in a longer trending markets so something that i will go and backtest and refine my strategy and my trading to keep doing better. Always do your daily rutine guys its so important if u want to be a proffesional trader.
Long
by Lzr_Fx
6
Showing gold the ropesGold - Check out the last posts for areas of buys and sells. The last call "related ideas" was about the level being interesting on a shorter timeframe. We can expect a little push up here, but it won't last long. There's another push on DXY strength. Bullish as a whole - but not overly bullish in the short term. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
FX:XAUUSD
by Mayfair_Ventures
EthereumHello all, I am very new in the whole trading world and started recently with the whole Technical Analysis side. And man there are soo many information available I just can't keep up haha! Here I think an Ascending Triangle can be seen. The flat resistance is hit multiple times and the more times this resistance line is tested it will eventually fail to hold that resistance level. Second is the rising support trendline. Here you can see the connection of the succesfull higher lows inside the triangle formation. I have also made a prediction for the target price for because of the bullish trendline position. What do you guys think of my TA? There are many rooms for my improvements and I would like to know what these are =) Thanks in advance!
Long
by EETimo