Hey everyone!
Looking for a nice confirmation break out of this little flag pattern. I will be keeping an eye on momentum & volume for a nice ling entry at the resistance level as seen in my analysis.
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Hey Traders!
Some interesting price action on EURUSD! Our indicator gave us a short signal based on what looked to be a double top pattern, and strong momentum candle breaking & closing below the previous swing low.
However, it found a support level, and reversed. It seems to have broken out of its current holding pattern to the bull side. Seems the short...
Hey Guys!
I captured a great long trade on EURUSD - 1 hr today. Ill break it down:
As I was scanning the markets I noted that my trend accelerator indicator flagged a long entry on my EURUSD chart. I went ahead and did a bit of my own technical analysis to further validate the idea, and I noted a beautiful descending wedge. Additionally, the signal came after...
FX:EURUSD Whats the best feeling as a trader?
Seeing your trading plan work out perfectly, and your targets hit as expected.
Whats even better than this?
Hitting your targets, rolling your stops, taking profit, and letting the remainder of your position ride on a massive trend with little or no risk to you!
I have been working on a strategy that allows me...
Hello Everyone!
Im always looking for money moves in the markets, and am hoping to capture a nice little 2-3% gain on BTCUSD. Price is currently bouncing around inside this wedge pattern. I am keeping an eye on it to see how it reacts to the support level of the wedge.
If we get a bullish momentum candle off the bounce I will look for a long entry once the...
1. Price is currently retesting a strong trendline and we see the RSI close to the over sold zone.
2. There is an inside candle pattern forming and based on the trendline support, and the intersecting support zone I am expecting a bullish break out for another rally.
3. If we get the bullish break out, we are looking for targets in the labeled strike zone -...
Hello All!
Trading doesn't always have to be complicated! This has been a strong consistent bear trend, and I am looking for at least one more leg along this trend before we encounter a strong potential support & previous low.
For Entry: I will look for an engulfing bear candle and follow the momentum! If we get a break of the trend line I will not enter. Its...
