Trade to bottom of wedge - Legendary Trade4:1 risk reward ratio.
Will be selling to the bottom of the wedge structure.
Ascending triangle.
Fibonacci Pullback.
TP - 1 At 150.
TP2 - for 500 pips.
Lifestyle
>>GBPAUD<< >>January Week 1<< Short SetupHey Guys, from now on I"ll try to give as many information as I can provide for every single Trade I take.!
GBPAUD started a Pullback after some strong bearish Monthly price-action.
Also broke downtrend structure which means we probably won"t see any more waves to the downside,
beside a possible double bottom in my view, taking out the last long stops before pushing up.
Entry: 1.73800
SL: 1.74950
TP: 1.72250
GBPAUD pullback made also over 60% of previous weekly move so here we have our entry on this one.
Trade with care and have a good one
Lifestyle Delivery Systems (medical cannabis sector) ripe !Dear fellow traders, it is time to act with a big BUY on Lifestyle Delivery Systems (LDSYF).
LIFESTYLE DELIVERY SYSTEMS (Cannabis sector)
Potential; Massive (starting from this spring). Read Future Money Trends article on the Company,Equity trading for millenials and madmen, Seeking Alpha and the webpage for LDSYF.
Cathalyst now; resent interwiew with CEO, good news in general for Product, production, collaboration with others (Clinical tests, marketing and retail strategy) finance in order, management experienced and succesfull trackhistory) technical analysis and "timing factors" for a longtime succsess story.
Feedback, pro and cons in this play ?
$AUD/USD Bearish RSI Divergence on 4 Hour Chart Today RBA Cut the the Key Interest Rate by 25 basis points From 1.75 to 1.5 as Consensus suggested.
The Australian Dollar rallied and now has formed a Bearish RSI Divergence on the 4 Hour chart after Hitting Important Resistance of 0.7620-30 looks Like it will pull back a bit at least to 0.7540 which also a important support and fib leve l before rallying again.
Short at 0.7620-10
Stoploss Close above 0.7640
Target 0.7540
Happy & Profitable Trading :)
Cheers!!!
FX:AUDUSD
Perfect EURUSD SHORT set-up A nice profitable LONG short term set of scalps now accomplished, it's time to start shorting the bitch.
End of the day with a daily range of nasty events and a growing instability for commerce, international relations, migration and future trade deals it's very simple to my eyes that we will be falling off further until we see some monster changes.
Best recommendation from me is to short and hold until we once more test 1.09600
