EURUSD idea Long INTRADAY TRADE, this is a long one! Wait for break, close, retest and continuation of 0.618 fibs before taking the trade. EURUSD is trading in a nice channel, big chance for many pips. Gap expected to be filled down today. R:R 2.1 Risk Allocation: 0.5% GL, EDUCATIONAL ADVICE ONLY
Buy Limit order for 1801, expected retracement to bottom channel before reversal. Rejection off 0.618 fibs expected. Risk Allocation: 0.5% R:R = 2:1 GL
Unfortunate last time to not profit this trade but now confirmation of downtrend, psychological level of 0.86030 TP. WAIT for break, close, retest and continuation for better entry point. Risk Allocation: 0.5% R:R = 2 GL, EDUCATIONAL ADVICE ONLY
Suspected breakout of triangle pattern, clean rejections off 50% and rejections off 200EMA, conservative TP set for 1.618 fibs. Wait for breakout, close, retest and continuation to confirm trend before taking trade. Risk Allocation: 0.5% R:R = 3 GL. EDUCATIONAL ADVICE ONLY.
Daily gapper, price to be filled. MACD showing signs of price weakening further. Wait for breakout, close, retest and continuation before placing idea. EDUCATIONAL ADVICE ONLY R:R = 1.55 Risk Allocation: 0.5%
Analysis of GBPNZD 11/05/21 Chart seems to be in a sideways trend of consolidation, expected move downwards. Fibs applied to find level for take profit with stop less set up previous highs in consolidation. Wait for a breakout, close, retest, continuation of price before entering trade. EDUCATIONAL ADVICE ONLY. Risk Allocation: 1% R:R 1.7 GL
Analysis of AUDCAD 10/05/21 Ichi confirms continuation of uptrend, tenkan-sen happily over kijun-sen and direction of kijun-sen changed. Ichi cloud tells us price is bullish. fibs set for levels. Risk allocation: 0.5% R:R = 1.1 GL
Analysis of EURGBP 10/05/21 Ichimoku confirms down trend continuation, take profit set for price action double bottom Risk allocation: 0.5% R:R = 1.4 GL
Analysis of EURGBP 07/05/21 Risk allocation: 0.5% R:R = 1.7 GL EDUCATIONAL ADVICE ONLY
Analysis of NZDCHF 06/05/21 Risk allocation: 1% R:R = 2.00 GL
Anaylsis of NZDCAD 06/05/21 Risk allocation: 0.5% R:R = 1.25 GL
Rejection off 0.786 fibs confirms that the uptrend will continue to reach top of channel. fibs applied to the corrective wave downwards, 1.618 fibs confirms resistance area. tp set for there, sl set for below 0.382 fibs which acts as a support also. RR - 2:1
Expecting price to pullback to kijun-sen or support line before a rise, conservative take profit. RR - 2:1
Pullback expected to support area of $10000 before reaching $14000, trade breakout of $12000 expected resistance area if no pullback is made. RR: 3:1