POTINETAL TRADE: EUR/GBP We have seen much bullish momentum in this currency pair after a long severe down trend. Here we are looking for poteintal long entries if we are able to break above 0.86 and maintain a daily or weekly closure above this level.
POTEINTAL TRADE CHF/JPY: This currency has approached a key zone of resistance. As noticed in the past, we have failed to break above 112.7. Sell positions are appealing in this currency pair with stops placed above 113. POTEINTAL ENTRIES AND TARGETS: SWING TRADE: SELL CHF/JPY ENTRY - 112.7 STOP - 113.1 (40 PIP) TARGET - 1180.8 (180) R/R - 4.47
POTEINTAL TRADE: USD/JPY If this pair manages to break back above the 108.4 level. Poteintal long positions can be considered. H&S formation will be present which could entice buyers and push this back above 109 and finally at its expected target 109.8.
POTEINTAL TRADE: ETH/USDT Ethereum is also showing signs of bullish momentum building up. Sellers are believed to have placed their stops above $140. If price is able to break above this level. We will look to enter long this with stops placed below $135 (50 PIPS)
POTEINTAL TRADE: XAU/USD Gold is showing signs of more explosive moves to the upside. We will wait for a re-test of the $1550 level before entering a buy position. We also have increasing tension between U.S and Iran, which should push gold further to the upside. Since it is a safe haven asset, during times of economic uncertainty and tension between strong...
Price is currently testing the 111.8 level, which very recently had been rejected. This zone has been a barrier for buyers to breakthrough. Short positions look appealing with stops placed 10 pips above the 112.0 psychological level.
POTENTIAL OPPORTUNITIES ON GBP/AUD: In the chart, we can see 4 opportunities presenting at different price zones. This means all set-ups vary depending on which price zone we are trading at. We are still however in an uptrend still until we take out 1.850 SETUP (A) - Long positions can be considered at this price zone as a double bottom formation will form. We...
POTENTIAL TRADE: XAU/USDGold appears to have strong bullish momentum as we approach the end of 2019. We believe this momentum to continue towards the first quarter of 2020, approaching $1550/oz as we continue later into the year. POTENTIAL TRADE SETUP: ENTRIES - BELOW $1495/oz STOPS - BELOW $1460/oz TARGETS - ABOVE $1440/oz DISCLAIMER: TRADE AT YOUR OWN RISK....
POTENTIAL TRADE: XAU/USD Price has approached a major zone of uncertainty. The downtrend is still intact with a new low formed at $1450. $1484 barrier for buyers. POTENTIAL ENTRIES: SELLS - 1485 STOPS ABOVE - 1495 TARGET BELOW - 1470 DISCLAIMER: TRADE AT YOUR OWN RISK. THIS IS AN IDEA.
Sell entry at 1.462 Stops can be placed at 1.465 (30 pip) Targets at the bottom of range 1.454 (80 pip) Efficient r/r = 2.6
Entries for shorts will be favourable in these market conditions with appropriate stops and targets.
SELL ENTRY = 1.30 STOPS = 1.3040 -1.3050 (40 - 50 PIP) TARGETS = 1.290
Wait for buying zone to be respected or to break. Follow this post to see how I trade this.
Follow this post to see how I trade this. Will post signal soon. Wait for zone highlighted to be rejected or break above.
Range trading target 129x - 1300. Below 70's bear.
Seasonal bull market expected to run into first quarter of 2019. 1300 - 1360 levels possible first quarter 2019.
I will buy highlighted region, targeting top of range 1250 and if we see a breakout my next target 1260.