Support 1.30000 Resistance 1 1.31804 Resistance 2 1.34165 Entry Point 1.30665 if gbpusd retrace from 1.31804 then it will sell till 1.30000 , from support when it goes up and cross the R1 1.31804 and when its fall down and retrace from 1.31800 then it will going to another Resisrance point 1.34165 Buying Zone 1.30000 - 1.31804
Hello all , As you can see in the figure, at points 1, 2 and 3, my indicator (not shown here) gives me short position three times. As I said before, in the ascending trend, you should not take a short position here and it only gives me the opportunity to take a long position in points A, B and C where my indicator shows . I added 30, 20, and 10 percent to the...
Okkkkk so my first prediction shut a few people up LOL. Let's take a look at the monthly timeframe for the time being. What we clearly see is a Hammer formed, followed by a possible engulfing of that candle, but closer to the close of that candle, we should see if it is or not.I would possibly look for a sell position around 47k where i have clearly marked at the...
Ford motor company moves into buying territory with recent price movement. This isn't a signal for day traders, this is a signal for medium to long term traders. These trades can last for days to months.
HI GUYS HOPE EVERYONE IS DOING GREAT, TODAY I AM POSTING AN IDEA ABOUT WPR. WHY SHOULD YOU BUY WPR: 1) WE HAVE STRONG SUPPORT AT 85 SATS 2) WE CAN SEE BULLISH DIVERGENCE ON MACD 4H TIMEFRAME 3) STOCH RSI IS NOT EITHER OVERBOUGHT NEITHER OVERSOLD SO ITS OPTIMUM CONDITION TO POSSIBLE MOVE ON BOTH SIDES. TRADE SAFE GUYS AND DONT FORGET TO USE TIGHT S/L. :)
AUD/CAD is at a critical zone right now, if price will reverse then the sell is a normal trade, however until price closes above the Main Descending channel on the daily that buy scenario will be a higher risk exposed trade.