Looking for bounce off trend line and continuation of downtrend. Trade safe Traders!
Looking for bounce off trend line and continuation of downtrend. Trade safe Traders!
Following the trend. Good risk to reward ratio. Trade safe Traders!
Pair has had a pullback and want a continue of a trend therefore entering a short.
Gold has had a pull back and a good time to enter gold in my opinion as we have seen it bounce off the trend line and bounced off a level of support/resistance. "Be fearful when others are being greedy, be greedy when others are being fearful" Warren Buffett.
Following the trend with EUR/USD it has had a pullback and looking for the trend to continue as you can see from my analysis.
We are looking for USD/JPY to have a pull back before continuing a downtrend and entering the trade. We can find entry level using level of support and resistance.
Looking for USOIL (Crude Oil) we are looking for a continuation of an uptrend on the higher time frames Crude Oil has had a pullback. With the Russia and Saudi Oil Crisis, it has been said a deal is likely to be reached very soon.
We are looking for AUD/USD to continue an uptrend after the pullback that has occurred.
As you can see from my analysis I am expecting GBP?USD to drop in price. Will be entering myself into the trade. Good Luck Traders.
The dollar has very little reason long term to be gaining massive amounts of strength due to the massive affect the corona virus is having on the US economy. The Jen is a safe heaven currency for investors making it a popular currency to invest long term into. This makes it a valid reason to short USD/JPY. Following the trend on the 4Hour time frame also gives us...
From technical analysis USD/CAD has reversed trend changing to a downtrend and from trading pull backs we have entered a short on this trading looking for the down trend to continue.
Looking for a break of trend, from the corona the Pound doesn't have strong enough reasons to continue gaining strength leading me to go short on the Pair.
EUR/CHF had been on a downtrend of the higher timeframes which would be harder to spot if you view the pair on the lower time frames. If you look on the Daily time frame as well we have had a rejection of price moving above the 50EMA furthering my bias towards going short.
GBP/JPY BUY trade. Had a slight pull back looking for it to continue its uptrend. Rejected breaking support level and looking for price to continue its uptrend. SL: 129.000 TP: 132.100
GBP/JPY is showing some bullish momentum and I'm looking for it to hit a level of resistance for it then to have a reversal.
As predicted Gold did bounced off the resistance line at 1584.80 Currently sitting in around 40 pips profit. I want it now to continue dropping to around 1567 before its first major pull back before dropping even further to around 1550 🤑🤑. The RSI on the 4 hour chart is also in favour of gold dropping as it is currently overbought.
Price is moving in the right direction price did retest trend line agains and had a nice drop looking for a clean drop now with little to none pull backs. Feel free to message me 😎😎