Watch USOIL as it will be the biggest deciding factor on the overall direction. (Long term we have a bullish bias on USOIL because of the extremely cheap prices and levels we're in). Please risk accordingly, this is a SWING position. We are anticipating downside this week and will manage our positions accordingly. Please risk 1 - 3 % maximum on this trade.
Stop, TP, and entry on chart. Trade safely, meant for educational purposes only.
Expecting more downside, will post another tradeidea of when I get short.
Sell limit @ 1.2869 SL @ 1.2908 TP @ 1.26840
Targeting 133.200 Key Level (50% Retracement) Break of resistance and retest confirms move.
buylimit @ 151.36 sl: @ 151.11 tp @ 152.150
Sell Limit @ 132.560 SL @ 132.850 TP @ 131.700
Sell limit @ 1.22270 SL @ 1.229 Tp @ 1.1974
Sell limit at 150.900 Stop Loss: 151.700 Target: 148.380 1:3.15 R 2% Risk
BUYLIMIT @ 1.19100 SL @ 1.18550 TP @ 1.21500
Signal NZDCAD Sell Limit @ 0.91280 SL: 0.91600 (32 Pips) TP: 0.89800 (148 Pips) 4.63R Analysis: Entry based off Daily pivot/38.2% Retracement. Stop based a bit higher than 78.2% retracement. Weekly 50% Retracement hit, multiple daily candles failing to bring price higher. Breach of Bull trend channel. Price has been forming distribution and target is 50% level,...
**SIGNAL** __Short EURAUD @ CMP (Current Market Price)__ **SL:** 1.5800 (50 Pips) **TP 1:** 1.56180 (132 Pips) **TP 2:** 1.55520 (198 Pips) **3.96 R** __Notes:__ Trade based off of Supply structure on the daily. Price hit 61.8% retracement from the highs of the year. Lower time frames are showing a reversal along with divergence on the RSI. Trade is taken on...
Long Gold @ CMP SL @ 1211 TP @ 1237
Sell Limit EURJPY @ 131.260 SL @ 131.560 (30 Pips) TP @ 130.360 (90 Pips) (3R) TP 2 @ 129.900 (136 Pips) (4.53 R) H4 Head and Shoulders Pattern, entry based off 50% retracement, stop loss above right shoulder, take profit are previous highs and a proper measured move of Head and Shoulders pattern that aligns with structure.