REASONS TO BUY 1. OVERALL UPTREND ON DAILY TF 2. TRENDLINE SUPPORT 3. FIBO 0.50 RETRACEMENT SUPPORT
REASON 1. BREAK OF HUGE CONSOLIDATION 2. PULLBACK EXPECTED
Reasons to sell- 1. FORMATIONS OF LOWER HIGH 2. OVERALL DOWNTREND 3. FIB LEVEL 0.50 RETRACEMENT 4. BROKEN TREND LINE RESISTANCE
This a very bearish state for this pair. We broke to the upside but could not sustain the level . And now the price has fallen back with strong bearish candle . Wait for pullback and enter only after bearish confirmation
Wait for the pullback before entering a short trade on this pair.
Reasons to buy- 1. Overall uptrend. 2. Oil has broken major resistance ( Daily TF ) 3. Bullish continuation forming on 1 HR
Reasons to sell- 1. Formation of double top pattern ( 15 Min ) 2. Break of Ascending trend line (15 Min ) 3. Overall down trend ( Daily ) 4. Symmetrical triangle resistance (Daily)
I was tracking this trade from quite a while now. This pair has reversed from a strong weekly resistance and is currently in a down trend now. Reasons to sell 1. Reversal from weekly resistance. 2. Broken the support trendline. 3. Retest is complete and the down trend has resumed now. TAKE PROFIT - 1.3678 STOP LOSS - 1.4020
Hi traders, This is a very good trade opportunity to enter a long with a very tight stop loss. Reason for buy entry. 1. We are in a uptrend 2. We are at 0.5 Fibo Level 3. Overall bullish
It is a great sell opportunity on this pair. Reasons to sell. 1. Major Downtrend. 2. Pull back done till 0.50 Fibo level. 3. Reversal from trendline. Break of counter trendline. Trade with risk management
IF YOU WATCH THIS PAIR ON A DAILY CHART THEN YOU'LL SEE THATS IT IS IN A UPTREND AND WE ARE SEEING A PULLBACK BEFORE THE UPTREND RESUMES. NOTE- WAIT FOR A BULLISH CONFIRMATION BEFORE ENTERING THE TRADE.
Its a pull back as you all can notice the charts Take Profit levels are marked below. Note- Wait for reversal sign or the setup will be invalid If the candle closes above the marked level the setup will be invalid.
Its a nice trade opportunity We have 3 confluences 1. Major Resistance Trendline. 2. Fib Level. 3. Overall downtrend ( LOWER HIGH )
This is a very tempting trading opportunity. Reason to enter long ( BUY ) trade. 1. Nice pullback to 0.5 / 0.618 FIB levels 2. Ascending Trend Line 3. Overall Uptrend . Take Profits levels marked on charts. Stop Loss Below 0.5 Fib level.