Purepriceaction
EURAUD Long OpportunityThe market has violated most of our rules but still in drop phase market. We shall wait for the market to return back to the demand zone it created on the flip level and then from there we will look for our chance to buy the market and hold for a few days.
GBPUSD needs more Traders get into the marketAfter closing many of Buyers positions, today GBPUSD will be Sideway to attract more traders get into the market and to form new potential Support at 1.2408 and potential resistance at 1.2468.
We can see in the chart that the Market bounces at the level where Buyers positions has been accumulated since the end of April indicating It wants to increase Buyers volume again after they has been stopped out in yesterday downtrend. Then It is going up and bounce back down to indicate that It needs more Sellers get into the market after Sellers feel confident with the downtrend since this month opening hours. Making a new support & resistance level is the best choice for the Market because it will trigger swing traders get into the market and they will increase market volume for sometimes before the Market decides to stop out the Buyers or the Sellers.
As prediction, the Market will slowly bouncing up for sometimes until it has enough volume to stop out.
EUR/USD : Simple and Much Effective Buy Setupswe can see continue upside move as per chart pattern.
ThankYou
NASDAQ - SHORT TRADEOn daily chart candle formation signals that NAS will drop. Confirmation - broken uptrend support, sell NAS to daily support level.
Happy New Year in advance may it be a joyful one and 2020 be even more profitable.
BTCUSD POTENTIAL BUYS +200-800 PIPS WASSUP TRADERS, #FOREXFARGO CHECKING BACK IN!
NOT THE BEST WITH THE BITCOIN ANALYSIS BUT HERE WE GO...
BITCOIN ANALYSIS.
Confluences:
-Reject/Bounce off Daily Descending TL
-Bounce off May Support Level
-4HR potential Doji
-2hr potential Spinning Bottom
-1hr shows multiple rejections at 7175ish
BUY STOP @ 7200.00
SL @ 7165 (-35 PIPS)
TP1 @ 7385
TP2 @ 7555
TP3 @ 7800
TP4 @ 8200
TP5 @ 8555
POTENTIAL XRPUSD BUYS +100-500 PipsWassup Traders,
#ForexFargo checking in!
Analysis on #XRPUSD.
Confluences:
-Potential Double Bottom within Demand zone on Weekly & Daily
-Potential Rejection/Bounce off Daily Descending TL
-4hr shows potential doji candle closure or hammer
-1HR shows Hammer candle formation
-No candle closure below 0.23000
BUYXRPUSD @ MARKET EXECUTION
BUY STOP XRPUSD @ 0.23250
SL-35 Pips Each Position
TP1 @ 0.23850
TP2 @ 0.24350
TP3 @ 0.24850
TP4 @ 0.25350
TP5 @ 0.25650
TP6 @ 0.26265
TP7 @ 0.26725
TP8 @ 0.27555
Are we going to the moon?These is the moment of truth guys let's see how the market decides :)
Be safe guys
"Just keep it simple"
Double Top Neckline retestPrice dropped without retesting previous support level, Sell on retest of the neckline previous support became resistance.
NZDUSD Set-up nicely this morning - Here's what I noticed (cool)If I need to show proof that I actually took these trades in my mt4 acct am happy to. Not a bad couple of trades if I do say so myself :)
Also, as a disclaimer & CYA gesture, I have not shared anything that wasn't already revealed in the once free video library that was once available on innercircletrader.com.
Bullish Market GENTSPrice has broken on the Weekly then came back down to retest new found support. Price is currently looking for a STEP(support) to take it back up past 1.0190 !!
Starting to Look for Buys on Lower Time frames.
TP1: 1.0326 (Expected Based off Weekly)
USD/CAD Buy OpportunityRelative High was broken at Purple Horizontal Line
Price should retest in found support then take off !!
Projection: 1.33528
USDZAR Long Term ShortI have interpreted what the different timeframes are telling me and I can surely say the way I translated it with the use of the arrows, is how price will play out before dropping like a rain drop. Follow the arrows to make some serious profit.
Its me Rayan, the 18 year old trader from South Africa, signing out.
USDJPY H&S, SellSimple H&S setup, currently the Right Shoulder is forming and showing nice rejection off the minor resistance, (same resistance level of the Left Shoulder). After price hits the neckline we are in for some money all the way down to TP and even as far as TP2 if momentum remains strong and bearish.
