Very nice rejection of resistance, utilise sell limits for better entries
Oil is currently stuck in a range, and is highly likely to breakout to the upside due to demand increases. Be careful of swap/rollover fees
Nice buy opportunity if price shows rejection off support. Testing out new entry method. (50% of 'sponsored candle'). First possible trade of the week!
Here we have a BEAUTIFUL example of a down trending market, making lower highs and lows. Fibonaccis ,Trendlines & Breaks of Structure are excellent tools to use when looking for entries. The trend is your friend!
Will be looking to place buys if price rejects the $1728 zone which had been a strong area of support, which also aligns with a 3rd bounce on trendline as well as the 50% fibs. Make sure stops are wide on gold as it can be volatile. Excellent RR. Will take majority of profits at $1754 if hit
EUR/USD is heading towards a strong level of support after plummeting in the past few weeks, mainly due to a strong dollar and covid-affected Europe. For this Bullish move to happen we need DXY to reach $94 where it encounters resistance boosting our case for a upward move. Lots of retail traders (myfxbook sentiment showing 85%) have been longing the euro too...
Rejection of resistance on lower time frame + 3rd trendline bounce. can reduce stop size for higher risk:reward
Price managed to break through consolidation area and looks to head to previous support turn resistence. Should price reach that level and show rejection, will look at placing sells
Price has reached a key area on a strong trendline, where price has show depletion in the form of several doji candles on the daily. Japan also had a 7.0 earthquake today which usually results in a stronger Yen (www.theguardian.com this is a good read) Definitely looking for shorts.
Price has been in a downtrend for past few weeks and is beginning to show rejection after price retraced slightly. Simple trade with good rr.
if price drops around $1720, will look to enter after rejections
Looking to add significant positions to ethereum, planning to hold long term. Support + 50% fib + channel bottom
Wait for retest of previous support before entering
Trendline bounce + 50% fib bounce + bearish bias ( still havent had retracement on pounds bull run