This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Just a quick simple scalp opportunity. If you agree, please like the post.
Although I am not as much a fan of harmonic patterns as when I first began trading this pattern again appears to meet the criteria perfectly. Through back testing I have found the Bat pattern to have a success rate of 62%, I would consider this a medium to high probability trade and as such will be committing a maximum of 5% capital to this trade. Entry:...
GBPUSD - Yesterday, I posted bear flag formation - we did get to one of the support levels I been looking at but that key pull back I mentioned was key! We are range bound between the areas of: Resistance 1: 1.31233 Resistance 2: 1.31794 Support 1: 1.30151 Support 2: 1.29831 Pattern: Triangle - Consolidating at this moment of time. If we were to go below...
harmony has seen quite a dip due to the gold price leading the downward projection but now that gold has found a bottom and will start to rise soon we can see the potential for harmony to grow back to its usual high. With the recent positive news that harmony has better financials than anticipated and coupled with their earnings report being released soon, we may...
I have posted this pattern 2 weeks ago and looks like it is working perfectly, we have already took 3 profits, now we have fourth target But keep on track for fundamental analysis, this is unusual period for financial markets and we cannot predict what will happen in 100%. Anyway dollar is strong this week, hope everyone was realising that fall of USD was for shot...
Watch the trend line on the hourly timeframe and wait for it to break and then enter
Disclaimer : The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
2 possible entries. Wait for double top or wait for break and retest of the zone indicated
Price impulsed and now in the C leg of ABC correction. Wait for a retest of the zone indicated and then enter long
Price impulsed and now in the C leg of ABC correction. Wait for a retest of the zone indicated and then enter long
We could be seeing a correction for DXY leading to the descending timeline where we'll either see a break or bounce