watch this top for the sell SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
Daily TF showing retracement possible completion
Exotic currency to watch for ---> South African rand USDSAR, Mexican Peso USDMXN and Turkish lira USDTRY TRY is heading the record highs following shaky political situation in Turkey. President of Turkey is expected to put pressure on Central Bank and supply cheap USD to let sinking TRY breathe! Long term bullish on USDTRY but we might see a retrace from higher...
Last post: May 21st. See chart . Review: Price had broken support and confirmed a bear flag. Update: Price has continued to weaken. A break and close of Wednesday's support is now needed. Conclusion: A break and close below support will suggest weakness towards the round number 20.00. Any comments or questions, do not hesitate to leave them below. Hit...
Ok, I will try this 1 more time. I will look to scalp to that zone, get scalp to break even and see if it will break the high.
EURAUD To open LONG & SHORT positions for EURAUD , it is required: In this situation our system indicators to confirm trade entry confirmation for movement to the downside but if the market continues its uptrend we will trade with current trend. Market execution for entry, I will confirm signal once the conditions have been met. Risk Description: Once signal...
Trading method: RSADVANTAGE Stage 5 system setup 95% accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends. In this situation we are now waiting for Awesome Osci to go into negative territory for trade entry confirmation for movement to the downside. Market execution for entry, confirmation will...
After a sharply fall with bearish divergence, price is approaching to key support level 21.235 which coincides with 0.61% fibo since the last push at 18.56 in October 2013. Good opportunity for following the progress of the pair and catch a rebound.
I am waiting to pierce and confirm first but here maybe a cup and handle pattern. I am using others Indicators to confirme a long term trend. ( RSI, CCI, 1 SMA and Bollinger Bands, On balance Volume, ADX and watching ATR also ) So if it confirms as I want with chart pattern + some indicators I will go long 2 Units. TP 1 : Sell one unit TP 2 : Sell second...
Long USDMEX till probably 20, maybe 22. its low point on the daily Is around 19.4, so it could go lower, and if it breaks that level you should consider closing. but so far the lower levels are holding which tells me this is ripe for a nice long long!
USDZAR is about to makenews highs this and next week! You can see perfect bounce from demand zone based on H1 timeframe, Fibo 50% Price Reverzal Zone (PRZ) and supportive trendline. If USDZAR will break Structure + Resistance + Trendline, we can see big move up in next weeks. Keeps eye on that. For the record: USDZAR and USDMXN are only exotic pairs I trade...
This is a bullish bat not exactly a perfect one with a ton of confluence but a bat in general. I love bats because of the good risk reward ratio. This is on a exotic pair so trade with caution because the spreads are usually pretty hefty. My entry for this bat will be at 6.63582 which is below the 6.64000 even handle which i dont like but a false break out is...
Pair is currently sideways after making some highs. If kumo breakout below occurs, allow to break 200SMA for confirmation of trend change. Watch for break to the upside as well in case of trend continuation.