CGGUSDTsee and watch :)
The trendline has been broken and it seems that the price can reach the specified limits ... Of course, due to the bitcoin situation, the risk is high ...
Priceactiontrading
PRICE ACTION PATTERNS | Descending Triangle 🔰
Hey traders,
In this video, you will learn a classic price action pattern "Descending Triangle".
Main topics covered:
Structure of the pattern
Bias of the pattern
Triggers
Stop placement
Target selection
Real market example
Let me know in a comment section what pattern do you want to learn in the next video!
❤️Please, support this video with like and comment!❤️
XAUUSD, Daily trendline and MA-200 supportHello my friends,
In has been long since my last trade opportunity for XAUUSD
After price dropping fiercely from 1870 to 1785 in just 4 days, we finally see some easing on sell pressure.
Price found support on the ascending trendline and MA-200.
Notice there is also hidden bullish divergence on stochastic.
We might see price bounce from this support to retest 1832-1835 area.
Buy XAUUSD 1790
Stop loss 1776
Take profit 1832 (3R)
Use only 1-2% risk
Good luck
CHFJPY on dailyOANDA:CHFJPY
Hey guys
So about CHFJPY we see that in long term it's moving in an ascending channel
- now we are in the top of channel and as we expected price touched there and started falling
+ there's a bearish head and shoulders pattern in 4h which makes price to keep falling more .
the support zones in front of us are :
122.550
121.200
120.620
what's your opinion guys ?? mention it in comments !
GBPJPY, 4HR TF, one more push for wave-5Hello my friends,
It has been long since my last post in tradingview.
I think we might see one more push to the upside for GBPJPY as price currently sitting on support.
Assuming this downward movement is wave-4, we could see price push towards 159.00 area to complete wave-5.
Buy GBPJPY 153.00
Stop loss 152.40
Take profit 159.00 (10R)
Use 1-2% risk only
Good luck
Disclaimer ON
EURNZD: Very Bearish Outlook 🇪🇺🇳🇿
EURNZD retested a daily key resistance again.
After its test, the price formed a head and shoulders pattern
and broke below a support line of a rising channel & a horizontal neckline of h&s.
The price may drop lower now.
Next support - 1.6188
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GBPCAD: Wedge Breakout & Pullback 🇬🇧 🇨🇦
As I earlier predicted, GBPCAD dropped to a key level.
Now being quite oversold the pair may retrace.
Bullish breakout of a falling wedge pattern indicates a local strength of buyers.
I expect a growth to 1.696 / 1.70
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