Quick and simple trade. 20 pip stop loss from the candle that closed above the resistance with a 40 pip take profit and RR 2:1
Xrpusd broke through resistance of the chart pattern on the 15min. 30pip stop loss with a 60pip take profit giving RR 2:1
Xrpusd broke through resistance of the chart pattern on the 15min. 30pip stop loss with a 60pip take profit giving RR 2:1
Broke through support to the downside. 10 pip stop loss from the retest of the support, which is now resistance. 20 pip take profit with 2:1 RR
Looking for a break to the upside and a buy on the retest, but if it breaks below I will be looking to enter a sell position on the retest. We shall see which way it wants to go. There are multiple trade opportunities here. Note: These are scalp trades, not positions to hold.
Showing positive signs for a buy. It's at weekly buying zone, 3rd touch, and if you look at the smaller time frames it has just made a good bounce
NZDCAD is a good shorting opportunity. It respected the 3rd touch on the level of resistance and has held under the daily trendline (red). My target is support at the trendline below. If you would like to see the daily timeframe, click the link.
NZDCAD is currently a good shorting opportunity. It respected the Daily downtrend (red) and also has has respected the horizontal level of resistance. It is also 3rd touches for both, which is key. OANDA:NZDCAD
Fibonacci level and previous structure resistance level shows a high possibility for a reversal. Also is oversold on the RSI