EURUSD WedgeThere is a wedge formation on the 4h and 1h on EURUSD. I will not predict which way it will breakout, as I am a reactionary trader and neither I nor anyone can predict the future. However if it breaks under or above support/resistance AND closes, then I will execute a trade in that direction until it reaches the next support/resistance.
DO YOUR OWN ANALYSIS, DO NOT EXECUTE A TRADE JUST BECAUSE A STRANGER ON THE INTERNET HAS A COMPELLING ANALYSIS>
HAPPY TRADING AND BE CAREFUL :)
Thanks,
Richard Blake
EU
EU Heading Long: 2 to 4 month predicationWe are heading long. I think once December's low volume price movement comes to an end, we will be getting all the January pressure we need to start making the push long. I think we will be making a Double Bottom here for the last two weeks of Dec, then shoot long at the beginning of the new year; just as i've already illustrated.
Weekly outlook for Major Forex Pairs Hi Folks!
This is my outlook on some major forex pairs that i trade for the upcoming week.
Please have a tea and some snacks and enjoy my video and prepare your charts for the upcoming week with me.
This video is just for educational purpose, not financial advice, please DYOR before taking any trades.
If u like please hit the Like and Subscribe.
Weekly outlook for Major Forex Pairs Hi there!
This is my own view on for the upcoming week for most of the major pairs.
DXY looks bearish, so im looking to short USD and bullish on other pairs.
---Disclaimer---
I am not a registered financial adviser and hold no formal qualifications to give financial advice. Everything that is provided in this video is purely for educational purposes only. All information here should be independently verified, researched and confirmed.
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.