Hi everyone: Also looking at GBPUSD for the bearish opportunities. Price has been in a long term, higher time frame ascending channel correction, moving the price up to the current area. We can see on the higher time frame, we approach to a previous high, which is also where price formed similar price action. A double tops, "M" structure within the HTF...
Evening Traders, Today’s analysis – ETHUSD – trading below a key technical location where an impulse is probable, Points to consider, - Price Action Impulse - Daily S/R Resistance - Swing High Objective - Low Volume ETHUSD’s immediate price action is impulsive, trading under a key technical resistance, until broken, will allow for a bullish bias. The...
Entry: 0.6945 SL: 0.6905 (40 pips) TP: 0.7055 (110 pips) RR: 2.75
Entry @ 78.76 SL @ 77.87 (89 pips) TP @ 79.98 (122 pips) RR = 1.37 ------ Early TP: 79.65 (RR = 1)
Hello traders: As you know my bias on USD, I do pay attention to most USD pairs frequently for opportunities. Here in NZDUSD, higher time frame we are in this ascending channel structure, pushing the price up correctively. Last bit of price action see a recent double tops, then a bearish move on the lower time frame. I like the structure the price is...
As seen from the charts, GBPCAD has hit support level. A short retracement will be expected and thus, allowing a profit of at least 80 pips. Do let me know what you guys think.
EURUSD : It has a strong Buy trend however it has also on pull back, so we can place a buy order with money management Thanks
I use Market Profile and Price Action for my analysis. Please read the basic rules for trading my intraday levels (linked to this idea)
Here we see a butterfly pattern on the New Zealand , United States charts. I have given the market some space to complete the end of the butterfly pattern before continuing in a bearish trend, because the closer to perfect the pattern is , the more secure of a pattern it will be. I have placed all of my order actions in the usual places, with one exception....