Hello Traders, waiting for a potential setup, prices bounced off the channel last week and made its way for a retest. I have two potential setups. If prices bounce off the rectangle support zone, it will continue its trend. My other potential setup is that if prices break the triangle, we would see a trend reversal to the bearish side
I see a potential bounce off the M15 timeframe. Looking to continue shorting GBPUSD.
Placed a buy limit at 1.62317, looking for prices to bounce off support and continue its bullish trend.
Looking for a nice pull back to enter my position. Hoping to see price bounce off support.
I see a potential short opportunity. I placed a pending order at 1.23991, looking for prices bounce off the descending trend line.
Bears have broke the trend line and came back to retest it. I see a perfect swing oppurtunity
Prices came back to test support and bounced off. Looking to see prices reach 141.265 by next week.
Good Evening Traders, This is my analysis for AUDUSD Nonfarm Payroll release. I believe USD will strengthen tomorrow. I will not place any trades for tomorrow due to the fact how volatile its going to be. As you can see in the charts basic price action has occurred. We have a bearish trend, prices broke support and has turned into resistance. I placed a...
Good Evening Traders, I've had my eye on EURUSD for the whole day and finally see a buy position. If you see the charts on D1, the pullback has lost it's momentum by the daily candle finishing off with a inverted hammer above Support. The bulls will now take continue it's uptrend. I hope to see prices continue to 1.06754
Hello Traders, Looking to go long on this pair. As you can see there is a triangle formation being formed. I will look for a buy conformation on D1. On the H4 charts, there is to reversal candles indicating a reversal trend to the upside. For this trade I plan on compounding, I will trail my stop below TP 1. I would like to see a trend continuation by...
I seen a perfect entry where price closed below resistance and the channel. I used those conformation as a clear indicator to short on my position. I currently trailed my stop too 1.22581 and extended my TP to 1.21418.