Get started

Breakandretest

FOREX - WEEKLY OUTLOOK FOR THE WEEK OF 1/24/21 - 1/29/21 Weekly analysis for the coming week. The volume was not there last week. Hopefully this week we get some momentum in the markets. Indicator list: - MA HIgh 5 Offset 3 - MA Close 21 offset 3 - Vortex Indicator 14 preset FOREIGN CURRENCY TRADING IS HIGHLY SPECULATIVE AND RISKY. TRADE AT YOUR OWN RISK. Trading forex on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before participating in the FX market, you should carefully consider your investment objectives, level of experience, and risk appetite. You should trade in foreign currency contracts only if you understand the contracts (and contractual relationships) into which you are entering and the extent of your risk exposure.
by Omarlop3z
NZD/CAD - Break of Structure and Textbook B&RWe've seen NZD/CAD in a long term uptrend. We see a break of structure, a retest of a previous structure low before bears enter the market. Look at these textbook break and retest setups and potential entries you can take to the downside! A break and retest is when price breaks through a previous low in the market, retraces and tests this level as resistance before continuing the downside move. Watch out for these types of setups across your currency pairs!
Short
by Jal121
2