Good upside potential, maybe a good retrace first! If it retraces it might be a good investment :)
EURUSD looks like it is finding support, testing the highs it made in December would be a good direction to look at. Being bullish right now would be because the bigger trend is up, and assuming the past weeks were just a retracement. The idea is based on the trend just continuing
lets see what NY session will give us! Bias is short and the double top today should be fine to make it go down.
After a hunt for bearish moves, I took this trade. I shorted in that FVG before NY session and expected continuation. Now waiting for the low of December 8th to be cleared. A TP around a good 20 pips below the swing low? or at the swing low. I am posting a lot of ICT influenced material from now on :)
The first thing that should be done when trading is having a plan of attack! The strategy is to look for exactly what you know works. You find the cues of your strategy and make sure to not deviate. You take the trade and at that point you should accept the fact that it might make you money. It might, it might not. At the end of the day your trades consist of...
Very bullish EURUSD behaviour past days. There could be pullbacks or retraces, but the biggest bias is up and up. I haven't posted for a while. If this reaches anybody, leave a comment :) I am open to all communication, I am starting an education service and I'll share posts daily from now!
look for breakout setups. read it bar by bar! we see rising supports, one resistance area that is very important to watch. bias to upside but the breakout could fail! keep that in mind.
Broken trend line and channel bottom. It can only mean a failed breakdown. So ride it back to the top plse.
ranging from here or dropping till 95? The bias is down or sideways...
-For now just shorting this trend but this pullback might be the beginning of a good uptrend!
GOLD is in a setup for a good breakout to the given target. Good medium term target.
th euro is trading in a little range while its uptrending! From here these are the opportunities to grab. To the upside you want to step in if it breaks and pulls back to give a good oppportunity. If a breakdown occurs then you should grab the short when it tries to rally, but mind the uptrend shorting is riskier while is trending up. EURUSD could have more upside...
The DOW is looking to go down, it tried to rally today but failed and made a good short opportunity. The previous wide bar can act as a support, tommorow u should look for a breakdown of that arrow and buy at the test of the breakdown. The other scenario is if the support holds then look for upward motion to the upper end of the range.