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Buy-signal

EUR/GBP - Long Term Support Level Continues to HoldThis is EUR/GBP on the Daily Chart. We can see price has respected this level of support since May 26th 2020. Once again price has tanked down to our support level and bulls have been sitting at our support zone - we can see price starting to move away from our key area yet again to the upside. We can use candlesticks at this key level as extra confirmation - such as an engulfing candle, or the bullish pin bar. Any questions, just ask!
by Jal121
1
15 Minute Bollinger Band Strategy Here we use a 15 Minute chart with Bollinger bands set to 20 with a standard deviation of 2. First we look for an established trend direction, once that has been found we apply our bands, set the deviation for 2 and wait for the price to test or slightly break that lower band. (test/break of higher band in the case of a down trend and sell order) Here we have highlighted these tests/breaks with a green circle. The blue arrow represents a 200 point gain on each trade. Once the trend has begun to level out the opportunity is extinguished and we move on to the next chart. Tips/Rules Don't trade against the trend! eg sell at a high break/test of band on an uptrend! Keep stops loss tight - if the break and trade entry occurs, but the price keeps moving against you time to get out! Stay cautious in a sideways market (we will post a strategy for that soon too) If the bands widen drastically that could indicate high volatility and potential trend change. Be aware of new releases and high importance data when entering set up. Good luck! Orion Fx Trading Team
Education
by Orion-Markets
EURUSD - MOVING AVERAGE AND RSII am expecting to see the price go up to the 1.224 area where the resistance area is showing and it still have a good chance of going up further to 1.24 to meet the resistance level as for now my target will be set for 1.22 Also you can see the candle is showing few rejected wick on the 200 moving average along with RSI back up and support area , If the 200 MA broke and is under the support area , I would close the trade and wait for the next opportunity. Trade at your own risk, this is my personal view and based on my analysis and theory.
by MicWoodsFX
2
WHERE DOES BITCOIN GO ??? This is very attractive Bitcoin is likely to go through one of the above two scenarios along the way, many people ask me if now is the right time to buy Bitcoin. I think it will be risky to buy bitcoin until it crosses its previous peak of $ 34,500, so it is better to wait until it is clear that bitcoin wants to continue its uptrend or Wants to complete the correction. The best decision right now is a little patience. With thanks for your attention If this post was useful to you, please join our followers after liking our post. Share your questions and comments with us in the comments Thanks a lot
by HamidMojarrad
2