Iv set a price alert on this pair and watching for a potential short opportunity. 1H chart analysis with Breakout Trading strategy. Please feel free to leave a comment, pick my brain, I’d love to interact with you if you’re trading this pair as well. How does your analysis look? Remember this analysis is not 100% accurate. No single analysis is. To make a...
This is my latest on GBP/USD, using a muti-time framed analysis. This pair has been extremely bearish from a Monthly perspective and has found support around 1.2200, also included on the Weekly. I have pulled a Fibonacci on the Daily from the impulse of March 10th, where price retraced to the 0.618 fib level and has now found support at the 0.5 (1.2200...
This is my latest analysis on EUR/JPY. 1 Hour break out strategy applied. What I would like to see is price action back up around the 118.000/118.500 by the end of the week but do believe the biggest factor is going to be whether or not the European Centrals Banks Monetary Policy Meeting on Thursday will shed some sort of relief for the EU. What I’m...
This is my latest analysis on EUR/USD. I will be monitoring price action over the upcoming week and if the rules of my strategy are satisfied, i will enter on this pair. This is my analysis done in line with a 1 hour break out strategy. *What I will be watching for: Price action to break out the top of the bearish parallel channel, close outside the channel and...
This is my latest analysis on USD/CAD following a 1 Hour Breakout Strategy. Its been an up and down week for the US given the fundamentals below(Please refer to www.investing.com). I'm watching price action closely for a breakout at the TOP of the descending(bearish) parallel channel and potential 100 pip trade OR I will be watching for a breakout of the...
1Hour breakout. Iv shared my position on this pair. *yesterday we had crude oil inventories released in the US (www.investing.com). This had resulted in an immediate drop in the CAD, which has since recovered as Oil prices are already at an all time low and has climbed $2 a barrel since the release of inventories yesterday.
Post2/2 First post 28-03-2020 Easy trade set up on a 1 Hour breakout strategy. *NotFinancialAdvice
1Hour Breakout strategy. I will post an update showing my entry on the pair once all rules have been satisfied. Waiting for Oil Inventory Data to be released. *NotFinancialAdvice
1 hour breakout strategy. Watching closely for price action to show signs of confirmation before entering a position to the downside. *NotFinancialAdvise
1H break out strategy. We have seen some accumulation and 3rd touch of the low bullish parallel channel. *Watching for price to close outside of the channel and 2nd candle close for confirmation before looking for a potential short. *NotFinancialAdvise
This is an updated look at my chart from the analysis done on the 17th of March - Price action tested the highest Fib level before making a reversal and triggering of the pending order. This was a long wait but patience in key. *NotFinancialAdvice
I will be watching this pair closely this week with major fundamentals happening in both nations on Tuesday 31 March. GBP - GDP released. USD - CB Consumer Confidence (Mar). Current Price action is approaching the 0.618 Fib level on the Daily Time Frame. On the 1 Hour - I will be monitoring a breakout of the bullish parallel channel and accumulation towards a...
1Hour analysis. Trading against retail investors. Please leave a comment below so that we can share our ideas and thoughts. #notfinancialadvise
Price action has broken through the support level on both the monthly and weekly time frames. We are still seeing a very bearish market on the daily and will be watching for price action to give us signs of a possible long position and retest of the .382 fib level. Would love to know your thoughts. *NotFinancialAdvise
4Hour time frame and pending order. 3:1 Risk Reward Please feel free to share your thoughts. *NotFinancialAdvise
Potential Short - Waiting for confirmation on the 4h before entering.