We see here multiple areas of confluence. We can clearly see a nice fibonacci retracement on those levels with a triple top on that resistance level. The price is below the 200MA, 50MA and is about to be below the 21 MA. The DMI is about to become bearish. And the last level I’m looking into is the mini trendline that we have. What do you guys think of this setup?
Nice 1:4 Risk to reward ratio. We broke mini trendline in the 15 minute chart. Good play for 40+ Pips.
We see a pattern forming. Its still in process and would open a position if it gets to happen. Inverse head and shoulder. Trade at your own risk. Use well risk management. What do you think about this trade?
I'll be waiting for the price hit previous resistance level and wait for a pullback into the support zone before entering any trade opportunity. As seen in my chart bulls and bears are fighting at the 1.08203 zone making a Lower Low with low momentum and it went back up the previous support level. Let's see how this plays out. I have no open positions yet, lets...
We see that we have a nice level of resistance and it is respecting it. Once we break the trendline I'm opening a position to retest the previous support level. A nice 1:2 risk to reward ratio. This is not a financial advice, trade at your own risk.
We are breaking the bear penant and we are expecting a price of 0.66626 in the downside. This is not a financial advice.
We have a nice bearish formation here. 8:30 we would feel the pops
This is an incredible example of head and shoulders break. Just opened a position and maybe collection the profit in a month from now. Looks like a great trade. Not a financial advice.
Looked at the AUDUSD and the EURUSD. The EURUSD looks bullish and the AUDUSD looks bearish. These two pairs correlate each other almost perfectly. I would be entering a yolo here in eurusd with 1:3 risk. I'm very bearish in the AUDUSD and I believe that we would be breaking support in EURUSD. My TP is 1.08681. From there I believe we could get a great push in the...
We touch a key level of support. If we can hold that level we are going up, and if it breaks we could see it going much lower. My guess is that it would go all the way up, but I'm waiting for confirmation in low time frames. Enjoy your trading. Not a financial advice.
We found a good resistence yesterday and I enter the trade after the second candle. We are looking at the first TP at 0.66548. It seems a good trade to still enter if you haven't. This is not a financial advice, everyone should trade at their own risk. What do you think about this setup?
We can see this two options for the market. What do you think of this trade?
We have hit on a previous resistance line pulling it again to the trend line. Just Opened a position and waiting to hit 151.300
I’ll be buying puts at the start of the market. Good luck to everyone
Target reached at the start of the trend. Now we are going down to support. What do you think about this trade?
We are going directly to resistance and once we hit it, I’ll be buying on the sell side… but on the mean time I’m bullish What do you guys think of this trade?
I'm expecting it to have a small pullback to 410.25 and then all the way down to 403.78.
This is just an idea, everyone should trade knowing its risks. We could see a potential move down to 1.09685.