Looking to buy from Buy area to Target area (42-48pips). Wait for exhaustion.
in a downtrend on daily timeframe it is hit to the top of the channel and is ready to go into the trade with a reward to risk ratio of 2:1
Waiting for test of TL resistance before making any Short positions.
In the past I've often left trades and forgotten I had them open. It's ALWAYS ALWAYS ALWAYS IMPORTANT to place a Stop Loss and Take profit, for every trade you place, especially if you Day/intraday/Swing & Position trade. I don't often scalp and if I do I'm usually in and out very quickly in around 10-15 minutes. Now lets say you place a trade, entry after...
Hi traders, there's a liquidity gap followed by a double top and a range breakout. Nice opportunity to sell from the retest of the range. Good trades!
Since Dollar is in sideway market profile waiting for news coming, EURUSD also is compressing in a sell area.There is a strong predictive value and the most probable next move is bearish. Use any edge to enter but enter close to the supply level.
Hello fellow traders, BTC makes a recent double top on a supply area in 4hours time frame. Higher probability bearish scenario happen over the bullish scenario. Even if a bullish scenario plays wait retest to close sell and enter long. Keep eyes open, stay perfectly focused in the now moment opportunity flow. Anything can happen : )
GBPAUD - After a strong bullish movement over the months from 1.6000 ( MAR 19' ) settling in at 1.87200 (MAY 19') GBPAUD finds itself in a distribution phase after this bullish trend to the upside of 1.87200 . The overall bullish momentum carries over to the Daily with an upside from support of 1.81500 , locking in Daily resistance around the 1.84100 ...
We've hit a remarkable low on EURUSD and I expect this to be backed by a retracement of 50% to 61.8% The entry is long but the trade bias remains short as the Downtrend is not completed yet. All the best Check out my previous EURUSD Analysis
Confluence of... Ongoing Uptrend Respecting the Trendline Respecting 100EMA 61.8 & 38.2 Fibonacci
AUDUSD Approaches huge Demand Zone. Confluence of Trend-Line Demand with a 38.2 & completion of a Bullish Gartley Pattern
News can obviously go either way but the Aussie looks Bullish across most pairs. As always we wait for news to commence and buy/sell the first retracement.
Hey Traders, over the next week we are looking for more Euro bullish movement against the US Dollar. The minor structure support level of 1.18020 has been respected and therefore we look for it to hold support once again. Target for this trade is 1.19031 which is a monthly resistance area. I will update the progress of this trade on our Instagram page so go follow...
Hey Traders, over the next week we are looking for more Aussie/USD bullish movement. The monthly support level of 0.79073 has been respected and therefore we look for it to hold support once again. Target for this trade is 0.80345 which is a weekly resistance area. Stop loss is placed at 0.78713. I will update the progress of this trade on our Instagram page. If...
Hey Traders, over the next week we are looking for more Euro bullish movement against the US Dollar. The minor structure support level is being held firm. Target for this trade is 1.19031 which is a monthly resistance area. I will update the progress of this trade on our Instagram page @thetradingdivision. If you are interested in learning how to trade the forex...
Hey Traders, over the next week we are looking for more Aussie/USD bullish movement. The monthly support level of 0.79073 has been respected and therefore we look for it to hold support once again. Target for this trade is 0.80345 which is a weekly resistance area. Stop loss is placed at 0.78713. I will update the progress of this trade on our Instagram page...