Tradingsetup
USDCAD - DIRECTIONUSDCAD already hit Weekly Counter Trendline
We can see price dropped pretty significant 2 Weeks ago (02 Sep '19)
Our bias should be "sell" now , any buying attempt consider invalid
Scale down to Daily Timeframe to find entry point
Analysed by
Rayhan Ramlan Esfa - @rayhanre
Stevano Devon - @stevvon
Adika Anugrah - @wixfor_x
AUDNZD TRADING IDEA SHORT BIAISafter several test of this ressiatance level , we can probably expect a mouvment to the downside. the stop loss and take profit are just to show and idea of the RR potential , so we will be flexible and strategic with this position.
To see more of our setups don't hesitate to DM me , it's free , you can also follow us on Instagram @airforexone
Ethereum Trading Setups for both Long and ShortHere is ETHUSD 4H. I would consider current region to be quite risky to enter any position until more sub-wave structure gets formed.
ETH recently had broken the yellow triangle below and bounced around 0.786 retracement level.
If we see some uptrend move to retest the bottom of the triangle, it might be a adequate place to enter short.
Moreover, there is a blue mid-term trendline passing above and thus even if it fails to retest (breaks above the bottom of triangle again), I would accumulate more shorts expecting some more resistance from this blue trendline.
For long, I have extended the bounced sub-wave to 1:1 which also happens to be region where yellow long-term trendline passes.
Missed $GVT and $SALT Call? Don't Worry, $QSP Here...Quanstamp having $23 millions dollar market capital with 976+ millions on total supply. QSP is the alumni of Y Combinator and already having 4 regional offices: San Fransisco, Toronto, New York and Tokyo. Their work is helping clients with an understanding of using smart contract and blockchain. Quite relatable with what we need in the status quo. They already have clients! So far, it's great fundamental and match with the industry niche.
Right now chart is also looks very juicy. I love the chart because it really looks like SALT and GVT on it's recent bottom.
As you can see the same setup on GVT and SALT giving tremendous result lately, and I expect the same thing happened to QSP.
If this ideas helps you, give it a thumbs up, comments and follow me. Thanks a lot!
High Reward, low risk GBPCADI am sincerly sorry for not posting the past few weeks. I have been working on my trading setup day in and out which is why you havent heard much from me. With that said, I have placed sell limt trades on my oanda live account as my system indicates that GBPCAD is in a downtrend that is experiencing a pullback. GBPCAD
"KPIT" Continue in it's UpTrend"UpTrend" & Above "180 MA" Means a Long Term Positive Trend.
Now RSI Is Low Around @49.9 & You can set a stop loss below or At Price @282.50 ( "Low Risk", "High Reward" Trade Setup).