BTC WON'T LOSE THE TREND! ON ITS WAY TO 50K!!it will be very hard for BTC to lose 7days MovingAverage trend and its supportive area on 28000$ but it seems like that BTC has to rest some days beetween 33000 and 38000, breaking down this area could be dangerous. 28000 looks supersafe for opening a long position and also all long positions above 28000 and under 33000 are not that risky. Targets are on the chart, and about the resting time, I have to say that the longer it takes the higher it goes.
Safetrade
TRADE SETUP - AUDJPY (SCALPING)Hi Traders,
The higher timeframes of this pair indicates downtrend, so we are looking for short positions. A good and safe trade setup would be to enter a short position when price close below the highlighted zone (74.522 - 74.445). If the breakout candle touches or breaks the 74.382 levels (Yellow) its better to wait for a retracement candle. The target can be either 10 - 20 pips, but we have a good support at 74.320 levels (Red). The stop loss can be placed above the highlighted zone but this setup is considered a loss only if a candle close above the highlighted zone. At the time of entry the 50 SMA has to be above.
For queries pls comment below and do like and follow...
Happy Trading
TRADE SETUP - EURJPY (SCALPING)Hi Traders,
The higher timeframes of this pair indicates downtrend, so we are looking for short positions. A good and safe trade setup would be to enter a short position when price close below the highlighted zone (122.892 - 122.795). If the breakout candle touches or breaks the 122.696 levels (Yellow) its better to wait for a retracement candle. The target can be either 10 - 20 pips, but we have a good support at 122.576 levels (Red).
For queries pls comment below and do like and follow...
Happy Trading
TRADE SETUP - EURUSD (SCALPING)Hi Traders,
The higher timeframes of this pair indicates downtrend, so we are looking for short positions. A good and safe trade setup would be to enter a short position when price close below the highlighted zone (1.16554 - 1.16478). If the breakout candle touches or breaks the 1.16401 levels (Yellow) its better to wait for a retracement candle. The target can be either 10 - 20 pips, but we have a good support at 1.16307 levels (Red).
For queries pls comment below and do like and follow...
Happy Trading
EURO DOLLAR CHART TESTING KEY SUPPORT LEVELHi Traders,
As we breakdown the Euro dollar chart, the price is still in an uptrend as per daily timeframe.
Price is testing a key support level at the 4H chart, which is in confluence with the 23.6 retracement level as per the daily chart.
if price manages to break this support, then it can easily test the daily trendline. If the price honors the support level then the break of the 4H chart trendline is most likely to happen.
The break of the 4H trendline will mark the end of the corrective downwave and can expect price to rally again.
A safer entry would b after the break of the support level to the downside with a target at the daily trendline or after the break of the 4H trendline to the upside.
For queries pls comment below and dont forget to like and follow for more....
Happy Trading
GOLD SAFE TRADING SETUP If the price is below the support 1920.80, beginning of downtrend is expected.
We make sure when the support at 1920.80 breaks.
If the resistance at 1954.13 is broken, the short-term forecast -beginning of uptrend- will be valid.
Technical analysis:
our current position is at 1938.17 if the support at 1920.80 breaks it will be go down as (bearish) or our take profit will be at 1873.53 and if the resistance 1954.13 our take profit will be at 2007.72 it will be obvious bullish
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FX EXCHANGE FREE LEARNING PLATFORM
$KO Coca Cola safe play - better than a savings actIf you have spare cash in a savings account generating less than 1%apr, this stock has to be one of the safest plays out there. Everyone knows the oracle himself loves this stock. It will in due time rally back up to previous highs. And also it generates above 3% dividend. What are your thoughts??
Transaction History From 20 Jun 2020 to 30 Jun 2020Transaction History From 20 Jun 2020 to 30 Jun 2020
1. GBPCAD entry 22 Jun: Target reached 1:1
2. GBPCHF entry 22 Jun: Cancelled order
3. GBPCAD entry 22 Jun: Target reached 1:2
4. USDJPY entry 26 Jun: Target reached 1:2
5. NZDUSD entry 26 Jun: Target reached 1:1
6. EURUSD entry 26 Jun: Target reached 1:3
7. GBPAUD entry 29 Jun: Cancelled order
8. NZDCAD entry 29 Jun: Target reached 1:2
9. GBPCHF entry 29 Jun: Cancelled order
10. EURJPY entry 29 Jun: Cancelled order
11. EURCHF entry 29 Jun: Stop reached
12. EURGBP entry 29 Jun: Cancelled order
13. EURCAD entry 29 Jun: Cancelled order
14. GBPCHF entry 29 Jun: Target reached 1:2
15. EURAUD entry 30 Jun: Stop reached
16. EURGBP entry 30 Jun: Stop reached
17. GBPAUD entry 30 Jun: Cancelled order
18. GBPNZD entry 30 Jun: Cancelled order
SUMMARY:
TOTAL ENTRIES: 18
WIN: 7 entries
LOSS: 3 entries
Cancelled: 8 entries