The markets have respected my CHFJPY support and resistance zones so far with the support breakout exception. The market failed to go in the intended direction and came back within the zones. Everytime after this market reaches support it bounces up to the resistance trend, this is why I believe this is a good swing trade. Follow my new instagram @chrisr.fx
I have analyzed this graph and am seeing a potential buy on this pair. With USD and CAD pairs exposed to extreme volatility during elections, I feel as if other European/Asian pairs might take off. This is showing a heavy resistance trend and has broke the line once or twice, potentially forming a W-bottom. I am not entering this trade, but following to see how it...
I can see a possible "Snipe" on XAUUSD. The market is currently following a downtrend pattern on the 4H time frame, and after every bullish push that occurs, there is a very bearish vector candle, I am looking for a short term short position.
I am very new to this. I have invested in myself and enrolled in a mentorship course and it is amazing what you can learn when you put your mind to it! We have bee doing great, and I have been practicing on a demo account on metatrader 4. This is my first ever markup and it feels awesome to say that! From what I have learned so far, I know AUDJPY has been in...