My short entry was triggered on M30 with this nice bearish candle. My target will be the next support around 76.450. Stop loss is also shown in my chart.
Hey guys, Just wanted to share the trade I took this morning, it's on CAD/JPY. I have spotted a strong divergence on volumes as price was going up. My short entry was triggered and I am targeting now the bottom of the structure. Even though we are above the cloud on higher timeframes I believe the pair is overbought and is currently pullingback. We've...
Generally a breakout in the price momentum ( whatever the indicator being used ) signals early buy/sell stages of both breakout side . Moment of truth for that famous ascending triangle published so many times among crypto space participants . If btc indeed breaks out for further correction, it is all about droping for rebouncing even higher than before its...
Not financial advice. I’m not a financial advisor. I’m learning to trade. Learn to trade! Like I said on 27th Jan. Future is not looking so bright. I wish safety, health and well being to you and your families. ✌️❤️🙏 Regarding this trade opportunity. We already broke down out of this possible bear flag and have come back up and retested (QE infinity and beyond)...
This can be a good short trade, opened my own short position 80 pips higher than now.
Looks like a potential head and shoulders getting ready to play out on the 4hr..
At the end of the week we could potentially be seeing HS pattern which would give us the opportunity to short with great risk-reward ratio. Trade only after the forming of HS and when it breaks bellow the neck as I have shown in the idea.
Weekly impulse from third touch confirmation on the bottom leg towards the upside. Daily we identify a break in the bullish flag and break in previous high in the form of ascending reversal pattern on lower time frame. Entry taken on 15min hover after a break out in ascending channel.
Hello Traders , It does seems like we're making some sort of bear flag or a continuation pattern for sell. Selling the breakout wouldn't be a bad idea. Go ahead and check the related ideas below mine and you'll find previous analysis on XAGUSD. Good luck and trade with care. 1.50% RISK
I am not so much expert but what I can see here that it is changing from flag up pattern to triangle one also towards downwards. I think from 1479. It will start falling for long term because it will break out the pattern or it will go beyond if it breaks 1502 resistance which usual one for short term. but my best suggestion goes for Short Term. Rest is upto your...
Triangle pattern has formed, following the previous downward move, I would expect this triangle to continue a breakout to the downside.
GBP/AUD Short Gartley Pattern has completed. www.investopedia.com Please do your own research before entering the market.
Overall on week 5 JPY was one of the weakest among pairs. CAD was dominant Therefore I expect bearish market and short. Weekly Exhaustion candle = short Daily It was bull market then exhaustion candle = short 4H Bearish market. Open Short ENTRY 0.01930 SL 0.012191 TP 0 .011365 RR 2.24
Overall On week 5 CAD was the leader and dominant among pairs. Also now price in clear ABC correction and below SR. For me al it is clear sings of shorting case. Weekly Downtrend. Daily Downtrend H4 Short from ENTRY 1.31156 TP 1.29400 SL 1.32100 RR 1.8
"My problem is that I have been persecuted by a (ratio). For the last few months this (ratio) has followed me around, has intruded in my most private data, and has assaulted me from the pages of our most public journals. This (ratio) assumes a variety of disguises, being sometimes a little larger and sometimes a little smaller than usual, but never changing so...
Hello everyone we have a nice opportunity to short gold There is a butterfly pattern formation and i think we could go lower... Targets 1228 and 1216 Have a nice weekend! Like and follow if you like my ideas :)