Hello Traders, Here I'm looking at GBPUSD On the 1 Hour time frame. I'm expecting a short from my current Analysis. I Am still waiting for a breakout of the trends to confirm this trade. As you can see I have two Trend lines converging on each other and meeting. What I am looking for is a breakout to the downside of these trend lines and a short. I've got Two...
I'm in this trade right where you see the text At this point though, I see no problem in coming in for a buy if you're not already ADX and DI+ signals are growing stronger now at around 33 and 25 respectively Ichimoku continues to show conversion over base, and the market remains well above the cloud. SAR is below the current candle, though the closer it gets...
I believe the above resistance will be broken and the price will pullback to test it. Once the price failed to go below it when it pullback after crossing it, the new bullish move in USDCAD has high probability to occur.
Hi Guys Today I'm sharing my long idea for NEO/BTC After Many pushes upward (with good volume) NEO seems to consolidate a bit before a new leg up. .I'm planning to enter after a retest of the last resistance. .This level is also a fibonacci retracement level (50-61.8%). .I'm Targeting an old liquidity pool from the rally earlier this year. Entry...
Trading in Ascending Channel , Awaiting TRIANGLE BREAKOUT in short term to look for buy or sell trade.... long term trend may confirm upon channel breakout..
EUR/USD (4 Hours) Starts to decline, but the recent upward trend remains unchanged The euro/dollar weakened in early trading today, breaking away from a strong period and hitting a two month high on Friday. The expectation of a near-term break of 1.1111 is that we may see further gains in the short term. So while we see some downtrend, this looks like a buying...
SELL AUD/JPY @ 74.438 SL @ 75.250 TP1 @ 73.880 near 23.6% TP2 @ 73.500 near 38.2% TP3 @ 73.200 near 50% -Price action shows a bullish trend but double topped at whats looks to be a strong daily resistance respected many times as far back as Sep. 16, 2019. -TP3 sits well at the 50% level...
here is the bigger picture of EURCAD... short position holding...
Looking to go short to signal candlestick form already but watch out for d news it might cause a breakout
In today's price action video I am looking at GPBAUD, EURUSD, CHFJPY, CADCHF and other potential price action setups. Enjoy and trade safe!
05/19/2019. Bitcoin has been on the rise for the past few months and expecting it to appreciate more from the look of the market, Buyer are in control... Technical Analysis: Using a combination of our tools from our trading toolbox (Fibonacci, Support and Resistance Level) At Fib's 50% (7094.0) price level showing a bullish engulfing pattern. From the...
MKSI worked on a longer-term bottom formation that is completed and moving up with momentum at this time. The consolidations of the past two 1-day runs are very precise and horizontal. These candlestick patterns offered excellent low-risk entries. The stock has an all-time high around $128, so ample room to move up further. It has also completed a near perfect V...
Recently seen risk aversion in the market with US equities almost 9% off the recent peak (SP), US 10 year yields off the highs from 3.25% as low as 3.11% where there is near term support, Traditional high yielding FX (AUD lower, NZD lower, EUR lower, GBP lower), WTI crude 14% off recent peak and safe haven flows lifting JPY, gold, silver and US bonds. We're now...
Investors will also be looking for the U.S. economic events like building permits, housing stats, and Philly Fed manufacturing index to determine further movements in gold. In case you don’t know, the dollar shares a strong negative correlation with gold. Therefore, the positive data may drive bears in the bullion market today. Refer to Fxleaders Aug 16 – Economic...
I'm placing my sell limit near $1,271 with a stop near $1,274 and open take profit to capture 50/60 pips. On the other hand, my buying limit is $1,261. Good luck! Keep following