Last week, GBP broke under 1D bullish trendline and after correction it bounced back bown. We expect price to reach support line till end of the week if not sooner. Stop loss will be just above yesterday's high in case we encounter false brake. If you like the idea, please like it and comment. Wish you all a profitable trading.
On 4h chart gold has broke our trendline and now we see correction before another drop. We have 2 possible entries. Both are with with tight stop loss so RR ratio is more than 1:5 in both cases. If you like the idea please like it and comment. Wish you all a profitable trading.
Gold retraced to trend line on 4h chart so we want to follow the trend with opening another trade at 1957 with a tight stop loss. What do you think, will it be profitable? If you agree or disagree please like and comment idea.
This is an update on previous posted chart where you can see 150 pips profitable trade. We are closing our trade now because its reaching resistance line on 1972 level (yesterday's high) We will be lookong for possible short trade aroind that lvl. If you like the idea and thing gold will be short on 1972 lvl please like this idea and gove us your comment.
Price just reached our mirror level third time before going short (our view). We opened Sell position as stated on the chart with tight stop loss. Price could go a bit up but we expect false breakout from formed triangle patern on 4h chart. We will move stop loss to entry level as soon as we reach 20-30 pips in profit and maybe take some partial profits.
Last week GBP broke 1D bullish trend and now we think is waithing second confirmation and forming stronger resistance lvl at around 1.2915 before bearish continuation. We are looking to open Sell position on this lvl. If you like this idea please like it and comment.
We closed our previously published trade with 45 pips profit. Eur reached possible triangle patern resistance trend line so we want to bank our profits and wait for more opportunities.
Gold reached 1D triangle trend line and we expect it to go down to the support trendline. We opened Sell position as shown, with a tight stop loss. Reword ratio is 3.2 Write what you think will happen?
Eur reached 1D trandline and started its move up. We opened Buy position at 1.1810 and catched 50 pips profit. We'll open another one after pullback to 1.1841 (rising trendline on 1h timeframe) with tight stop loss. This is only recommended trade, please do your own analysis before entering. We will update on result. If you like this idea, like it and share it, thanks.