USDCAD Sell ideaUSDCAD has reached a resistance level and by his way he formed a valid trendline
so now we are waiting for a momentum break of our last swing standing to enter a sell setup
Selling
SBINIF SBIN CLOSE BELOW THE HORIZONTAL THAN YOU SHOULD SELL AND WAIT FOR THE GAP WHIC MAY FILL BUT THERE IS A BULLISH DIVERSION IN RSI
Eur/CadTrap 2.0
Placing a few Pending Orders!
4h
Sell Stop @ 1.52908
TP 1.51850
SL 1.53435
Sell Limit @ 1.53313
TP 1.52504
SL 1.53691
30m
Sell Stop @ 1.52811
TP 1.52607
SL 1.52913
POTENTIALWe're liking the set up on AUDUSD but are also wary of price pushing a little higher and stopping us out before dropping. It's a hit and miss trade but all risk management is under control and we are currently flying in profits from our previous trades. So one more try won't hurt. Entering now at 0.77830
Bitcoin (BTC) levels to keep an eye on.Right now the bulls have it.
Breaking below 48k (anchored VWAP) it would be good to keep an eye on.
Below 45k and they'll likely be further selling.
Shorts Only price broke into support and I waited for a pullback into supply zone, price pulled back as expected and I again waited for a sell confirmation... Price gave us a long/strong bear candle 7/10 times price retrace before continuing in it's expected direction. I will drop down timeframe and try to catch the move.
Stops and Target are made visible in the screenshot above. Have a profitable trading week.
Sell On Gbp/UsdSmall Stop Loss in play , 15//16pips , overall down trend over the TF , looking for 50 to 100Pips , USD dollar Is weak
Channel trading!The aussie is inside a bearish channel in H4 chart, the price broke the bigger trendline in daily chart and is now goign down towards the first green line (38.2% Fibonacci), look at the volumes: They are decreasing while the price is going up, it means that the pair is having a retracement and the trend direction is downward.
Keep in mind that the 38.2% represents the first target also in the daily chart, whereas in the weekly chart there was a bearish harami pattern around 4 weeks ago, and the rsi signalled a sell movement, so the bigger picyure target is around 0.7400 where the 100-day moving average is located.
Keep in mind that RBA is tryng to put weight on The australian dollar because the QUANTITATIVE easing has been extended to November 2021 recently.
Entered Too Early On Previous Xau Post Hit SLEntered too early last trade got stopped out , but have 2 entries on this trade 1843.150 and 1845.550 , Small Risk For Big Rewards
WILL SHE MELT?Further to our analysis yesterday of GBP/JPY we are due to see a fall on the pair. Price yesterday was bullish therefore we didn't send the signal out to the group as there was not enough confirmation to see any bearish movement due to the british pound being so strong.
A day later and we believe we are ready to see that British pound drop to as low as 144.300 maybe even 143.800 (extended TP Zone).
we are entering at 144.850 or higher.
"DJ KHALID" ANOTHER ONESo another similar set up here on another GBP!
So a very similar trade to our last one which was posted earlier: (What goes up must come down) & (Lets try again).
So what we can see here, the British pound has spiked throughout all currency pairs today which is the 04/02/21.
The main cause to this i believe is 'BOE Rapid U.K Rebound Following Johnson's vaccine push' headline news.
But as we can see here the price hasn't yet pushed up as far as our resistance zone . Now if price carries on to be bullish and continues to push upwards with momentum and break through our resistance zone then we will more than likely hit Stop loss. (Worse case scenario)
But from analysing the chart i believe that we could potentially see bearish momentum and see price drop as far as 143.300
im going to keep a close eye on this as im currently in a few other trades at the moment and if i decide to take this one then i will update this post as of when! KEEP YOUR EYES PEALED GUYS! we're going to make big moves before the end of this week!
LETS TRY AGAIN!So a very similar trade to our last one which was posted earlier which we cut our losses from: (What goes up must come down)
So what we can see here, the British pound has spiked throughout all currency pairs today which is the 04/02/21.
The main cause to this i believe is 'BOE Rapid U.K Rebound Following Johnson's vaccine push' headline news.
But as we can see here the price hasn't yet pushed up as far as our resistance zone. Now if price carries on to be bullish and continues to push upwards with momentum and break through our resistance zone then we will more than likely hit Stop loss. (Worse case scenario)
But from analysing the chart i believe that we could potentially see bearish momentum and see price drop as far as 1.85000.
im entering this trade now at the following:
ENTRY 1.90317
SL: 1.90700
TP: 1.85000
short-sellers leave the position nowBSV delisted from many brokerages but the time is near that Craig Wright pumps it to the moon.
Awful fundamental but have the best technical
USDCAD BEARISH So Readers,
You have my idea on USDCAD:
Monthly, Weekly and Daily chart all heading bearish. There isn't any need to go long this market !
Big player are in the market now as we have the 3*HTF momentum poised Bearishly
The short term target at 1.2600 seems viable traget... Biden in the white house doesn't help out the US dollar
Bearish momentum must continues this first quarter. I personally reduce the risk at the beginning of year !
Keep the risk low and have a control of your trade :)
