Price broke the downtrend and now is retesting the broken trend-line. With price rejection to confirm the SELL setup. This is also forming a head and shoulder. Stop loss above 0.618 level in case price move up to test it before melting down.
First take profit will be at 1549.809 level
Plan Your Trade Trade Your Plan.
Happy Trading!
Trade What You See, Not...
A BUY trade setup is taken now at this point. After price broke this highlighted range, closed above it and now is retesting it. For us to take a trade. Also a reversal candlestick is being formed at the support level which was a resistance before.
I am very much aware of the closing gape. I am just trading my plan. BUY Trade is active let see how it plays...
After price failing to break a pull back at 1.30561 level. This gives us an opportunity to BUY this pair now and aim for multiple take profit. With proper calculated STOP LOSS levels.
Plan . Strategy . Risk Management . Psychology
Happy Trading!
Trade What You See, Not What You Think.
Don't forget to Like, Follow and Comment Below.
If you missed to take a trade at 1.30005 level with us. Now could also be the right time to join.
With Proper Risk Management.
Happy Trading!
Trade What You See, Not What You Think.
Don't forget to Like and Follow.
AUDUSD Active Trade Setup. Let See How it gonna play.
With Proper Calculated Risk Management.
Happy Trading!
Trade What You See, Not What You Think.
Don't forget to Like and Follow.
A short trade is taken now from this level. As shown in chart. With proper risk management.
Thank You!
Trade What You See Not What You Think.
Like, Follow and Comment
Buy Trade is taken here now. With proper risk management.
Thank You!
Trade What You See Not What You Think.
Please Like, Follow and get Notified every time I post.
GBPUSD setup trade possibility.
The first week of the year. The market been moving differently.
Patience and Risk Management is Key.
Plan Your Trade. Trade Your Plan.
Happy Trading!
Trade What You See Not What You Think.
Don't forget to Like and Follow.
This week this pair went up to test 1600.00 price level and failed to break 1580.00 resistance level on a daily chart. Forming a bearish candle.
Giving us a bearish trend sign. To look for a Sell trade setup.
Price broke down 1557.54 support level and now is retesting it as a resistance forming a flag. Which if it fails to break. We will be looking to short it...
This direction as shown in the chart for this pair is still possible if price fails to break 1577.50 level. Otherwise if breakout occurs we will possible be heading to 1795.37 and 1915.55 level.
Happy Trading!
Trade What You See Not What You Think.
Don't forget to Like, Follow and get Notified every time I post.
Our previous xauusd trade which i published here last Friday hit the Stop Loss.
It also broke an import 1558.63 level resistance. With a strong bullish candle on an hourly chart. Indicating high momentum to the upside.
Now I am looking for a pullback at 1558.63 level which is now Support than BUY. If the current candle close bullish.
If you are an aggressive...
A SELL trade is now active from here. With proper risk management.
With our Stop Loss above 1557.55 level. Which if it breaks we will no longer keep our sell position. Our first target is at 1530.25 level. Second target at 1507.50 level.
Thank You!
Trade What You See Not What You Think.
Please Like, Follow and get Notified every time I post.
AUDUSD BUY TRADE is taken here now. With proper risk management.
Trade What You See Not What You Think.
Please Like, Follow and get Notified every time I post.
USDJPY has approached a very important support level. Which I will be looking for either breakout or a rejection to occur. Which will help me to determine to which direction I trade in. Prize action in lower time frame will tell me.
If breakout occurs. I will open a SELL trade. Otherwise if rejection occur. I will open a BUY position.
Psychology . Risk...
A SELL trade is taken now here, with proper risk management.
Patience is Key.
Trade What You See Not What You Think.
Please Like, Follow and get Notified every time I post.
As published yesterday. Our short term target was hit within hour.
Taking some profit on this level. But still holding a short position until price show change in direction or hit our trail stop. In major areas.
Trade What You See Not What You Think.
Please Like, Follow and get Notified every time I post
This pair previously was moving up for the past 3 months.
On this weekly chart it hit a resistance on 1.3400 psychological level which also has a down trend.
It got rejected. Which might give us an opportunity to to go Short this week. If it continue to get rejected.
Otherwise if it breaks. I will be looking forward for 1.39983 level.
Trade What You See Not...
Monday During market open I opened a SELL trade here after price failed to break 109.684 level multiple times. Which gave me a sell position.
My trail stop loss was hit with closing with profit. When price was pulling back up to 108.763 level.
But this still looks like it going to continue to move down after breaking an up trend in a daily chart and close...
