Floki Possible short IdeaPlease view the chart for details. If you are unfamiliar with anything on the chart feel free to contact me and ask questions. We are here to teach #newtraders and save time for #experiencedTraders.
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Possbily 550 PIP AUDCHF Setup Top Down AnalysisIn this analysis we go over multiple confluences from seeing a key resistance being broken to it now retracing down to find support and continue in the upward direction. We are about to hopefully see the 50EMA cross the 200EMA we are very nearing the approach. I expect to see an outbreak towards the upside sometime soon in the future. I would actually place buy stops shortly above because we know the direction we just don't know when were still in minor retracement period. You'll notice the stop loss is a little high on this one I recommend trailing it accordingly in the near future.
USDJPY top-down analysisHi Guys, here is a full top-down analysis for this pair. I would advise you to watch price action for this pair in an important supply and demand zone to see if the conditions of our strategies is being satisfies or no.
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Will SBI cross the Control Price?SBI is currently moving under the control price and making a parallel channel. But because of the election, all the markets will get affected. Right now, it's trying to move upward to cross the control price ( 213 ).
If it crosses the control price, then it will touch the following levels 217.70 - 226.30 . That means the control price will react as support the same as the previous it reacted.
But as I mentioned above, markets will get affected. There is a strong possibility of a reversal. If it takes a reversal, it will come down and hit the following levels 195.20 - 192.50 . That means this time control price will react as the resistance.
OIL: Potential Sell Trade With +200 Pips Profits 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