Algo_Trading_Mql5

Algo_Trading_Mql5 Updated 

My eyeing a EUR/USD short from 1.09730, with a clear multi-target strategy: Trade Setup: Sell Entry: 1.09730 Target 1: 1.06000 (~373 pips) Target 2: 1.03750 (~598 pips) Target 3: 1.02086 (~764 pips) Considerations: Trend Check: Is the D1 or H4 chart showing bearish structure? Fundamentals: Watch for ECB/Fed policy divergence, inflation data, or NFP...

Algo_Trading_Mql5 Updated 

MY looking at a potential short-term trade setup for Bitcoin: Buy Entry: $84,500 Target: $87,000 Potential Gain: $2,500 per BTC (~2.96%) Make sure to consider: Stop Loss: Important to define—perhaps around $83,000 to manage risk? Volume/Trend Confirmation: Is price action supporting upward momentum? News/Events: Check if any macro or crypto-specific events...

Algo_Trading_Mql5 Updated 

Based on my technical analysis provided, here's a structured breakdown of the BTCUSD scenario and potential trading strategy: --- ### *Key Observations* 1. *Support Level*: - Price is holding *82,000*, a critical support zone. A break below this could invalidate the bullish outlook. 2. *Bullish Divergence*: - *RSI divergence* on H4 and H1...

Algo_Trading_Mql5 Updated 

My trading gold (XAU/USD) on the 30-minute chart with a bearish Head & Shoulders pattern and an active sell entry at 3030. Here's your setup: Resistance: 3138 Sell Entry: 3030 (confirmed active) Targets: Target 1: 3080 Target 2: 3050 Observations: 1. Bearish Confirmation: A Head & Shoulders pattern suggests a downside move if the neckline is broken. 2....

Algo_Trading_Mql5 Updated 

Here’s a structured analysis and actionable plan for the *USDJPY* trade idea based on the bearish flag breakdown and key technical levels: --- ### *Trade Setup Overview* - *Pattern Identified*: Bearish Flag breakdown (continuation pattern) after a prior downtrend. - *Key Resistance*: 100-period Moving Average (MA) acting as dynamic resistance. - *Entry Trigger:...

Algo_Trading_Mql5 Updated 

MY analysis presents a solid trade plan for XAGUSD based on technical indicators. A few additional considerations: 1️⃣ For the short setup: A break below 33.85 aligns with momentum weakening, but watch for fakeouts, especially if volume is low. The 32.00 target is ambitious, so partial profits around 33.00 could be wise. 2️⃣ For the long setup: If price...

Algo_Trading_Mql5 Updated 

Based on the analysis of the NZDUSD H4 chart and the provided trade idea, here's a structured breakdown: ### Trade Setup Overview: - *Pattern Identified*: Head and Shoulders (H&S) reversal pattern confirmed by a neckline break at 0.56800. - *Trend Confirmation*: Price consolidating below the EMA-200, reinforcing bearish momentum. - *Entry Point*: Sell at...

Algo_Trading_Mql5 Updated 

Here’s a my structured analysis and actionable plan for the gold trade based on the levels provided: --- ### *Trade Setup Summary* - *Current Position: 3035 (assumed entry for a **long position*) - *Targets*: 1. *First Target (T1)*: 3052 (+17 points from entry) 2. *Second Target (T2)*: 3062 (+27 points from entry) - *Stop Loss (SL)*: 3015 (-20 points...

Algo_Trading_Mql5 Updated 

My suggesting a sell position on the BTC/ETH pair at 42.6300, with target levels at 39.0750, 37.2400, and 35.3560, and a stop-loss at 44.5800. Analysis & Considerations 1. Risk-Reward Ratio If your first target is 39.0750, your risk (stop-loss) is 1.95 ETH, and your reward is 3.55 ETH → Risk/Reward = 1:1.8, which is decent. If aiming for 35.3560, the R/R...

Algo_Trading_Mql5 Updated 

MY XAGUSD (Silver) sell trade setup looks like this: Entry: 33.1840 Stop Loss: 33.7000 Target 1: 31.9075 Target 2: 31.0000 Trade Analysis: Trend Line Breakout: Indicates potential bearish momentum. Risk-Reward Ratio: Target 1 (31.9075): ~1.27 RR Target 2 (31.0000): ~3.68 RR (solid swing trade target) Key Levels: If price breaks below 32.50, it could...

Algo_Trading_Mql5 Updated 

It looks like gold has broken its ascending channel, signaling a potential correction or consolidation. Based on My technical analysis targets, the key support levels to watch are: $3,000 – Psychological level, could act as support/resistance. $2,982 – Minor support within the current price action. $2,955 – Potential bounce zone if selling pressure...

Algo_Trading_Mql5 Updated 

The USD/JPY trade setup you've described appears to focus on a bullish trend line breakout, but there are inconsistencies in the terminology and risk-reward structure that need clarification. Here's a refined interpretation and analysis: --- ### *Trade Setup Rationale* 1. *Entry Point 149.500 *: Likely triggered by a bullish breakout above a descending trend...

Algo_Trading_Mql5 Updated 

It looks like My analyzing a potential short trade setup for gold. Here’s a quick breakdown: Entry: Sell at 3043 Stop Loss: 3050 (70-point risk) Targets: 3033 (first target, +100 points) 3022 (second target, +210 points) 3006 (final target, +370 points) Key Considerations: Breakout Confirmation: If gold is near the trendline, watch for a strong break...

Algo_Trading_Mql5 Updated 

MY ETH/USD trade idea suggests a strong bullish setup, targeting significant upside levels. Here’s a refined breakdown: 📈 Trade Setup Entry: Buy now at 1960 (current level). Targets: 🎯 Target 1: 2230 (first key resistance). 🎯 Target 2: 2525 (next major level). 🎯 Target 3: 2830 (longer-term bullish objective). Stop-Loss: 1765 (below recent support to manage...

Algo_Trading_Mql5 Updated 

My XBR/USD (Brent Crude) trade idea is solid, with a strong bearish confluence based on technical indicators. Let's refine it a bit: Trade Breakdown: Bearish Bias: Price rejected the upper trendline of an ascending channel. Indicators Confirming: CCI & %R exiting overbought → Bearish momentum starting. Imbalance below → Potential price correction...

Algo_Trading_Mql5 Updated 

My EUR/USD trade idea is well-structured based on the recent breakout and descending channel formation. Here’s a refined breakdown of the setup: Trade Plan: Entry: Sell only after price consolidates below 1.0834 (to avoid false breakouts). Target (TP): 1.06143 (next major support level). Stop-Loss: Consider placing it around 1.0865 - 1.0880 (above recent...

Algo_Trading_Mql5 Updated 

Here's an analysis of My Bitcoin trade setup: ### 1. *Risk-Reward Ratio* - *Risk: 85,400 - 82,400 = **3,600 points* (3.29% downside). - *Reward*: - Target 1: 91,500 - 86,000 = *5,500 points* (6.3% gain). - Target 2: 95,000 - 86,000 = *9,000 points* (10.42% gain). - *Risk-Reward Ratios*: - Target 1: *1.53:1* (5,500 / 3,600). - Target 2: *2.5:1*...

Algo_Trading_Mql5 Updated 

*USDCHF Trade Analysis & Evaluation* *1. Trade Setup Overview:* - *Entry Condition:* Buy signal triggered if USDCHF consolidates above *0.8815* and the 50-period Moving Average (MA50), suggesting a bullish breakout. - *Targets:* - *Target 1:* Likely typo; assumed corrected to *0.8860* (45 pips above entry). - *Target 2:* *0.9145* (330 pips above entry). ...