Lingrid
Audusd short term bearish on the 20thExpect market to bounce of 0.236 fib level (0.6889) which is also a strong resistance level on the monthly chart.
3️⃣Confluence spotted.
1. 0.236 fib rt level✅️
2. Strong resistance level on monthly chart (high liquidity price area)✅️
3.Heads and shoulders chart pattern formation on the 15mins chart. With 0.6889 price as the shoulder line✅️
EP : 0.6885
TP: 0.6835 (50 pips 💰💰)
Disclaimer!!!
Not a financial advice
Five Points to consider before placing a trade🖐Five points to consider before choosing an Entry /Exit point📈📉
☝️ Point1: Before choosing an entry point. We need to put into consideration the general market sentiment. Get informed about economic events, news, and indicators that can influence the market🤔.
✌️ Point 2: Pickup your trading journal run a proper technical analysis. Determine the market trend by examining charts, patterns, and indicators. Identify potential entry and exit points based on your trading strategy🤔📈📒.
🤟 Point 3: Place the trade. Follow your strategy and risk management rules. Set clear parameters for position size, stop-loss, and take-profit levels. Always Stick to your plan to maintain discipline‼️🏋.
🖖 Point 4: Manage the trade. Once you're in the trade, let your stop-loss follow the price, protecting your capital and securing profits. Consider adjusting your stop-loss or taking partial profits if the trade moves in your favor🫣🚫.
🖐 Point 5: Post-trade analysis. After the trade is closed, take the time to review, analyze, learn, and improve. Reflect on your decisions, outcomes, and emotions. Identify strengths and areas for improvement to enhance your future trading performance, make proper use of your trading journals🙂📔💰.
Remember, successful trading requires patience, discipline, and continuous learning. Adhering to these five points,will cause an exponential growth in your trading game. Happy trading! 👨🎓📚💰
GBPUSD Still Bearish! Its CPI DayToday major news are expected to flood the fx market. GBPUSD Still Bearish analysing from the monthly chart,
Today expect a double top from 1.2593 (0.236 fib Rt level). Price is expected to bounce of this level today.
Sell Entry: 1.2593
1st TP: 1.2543 (50 pips bagged)
2nd TP: 1.2493 (100 PIPS bagged)
Disclaimer!
not a financial advice!
GOLD Retracement completed, waiting to resume down trend The gold market has retraced to the 1962lvl as speculated and you would observe the reaction at that level, my speculation for today would be that the gold will be rejected at the 1962 price lvl and break 1958lvl there by resuming the downtrend towards 1946lvl. Wait for the London open before executing any trade, observe wick rejections before entering the downtrend. Please comment on what you think, like if you agree
EURCAD lookout for a bullish reversal!!EURCAD weekly chart shows that price tested the 1.4580 support level and was unable to break it thereby closing above the 1.4580 level. Likewise an undecision candle was printed after the past week. So expect a bullish reversal from:
1.45525 (fib 0.236. Retr level) up to 1.4728 (fib 1.618 ext level)
Buy @ 1.4555
1st Tp - 1.4626 (70 pips)
2nd Tp - 1.4725 (170 pips)
Disclaimer!!!
Not a financial advice
Aussie breaks Aug 2022 support level !! AUDUSD still bearish.Tomorrow the 25th of May 2023, AUDUSD still remains bearish. Look out for a retracement to the fib 61.8 (0.6562) level during Asian Market hours afterwards expect a further downward movement towards 0.6492/0.6450
Entry: 0.6560
Ist TP: 0.6492 (>>70pips)
2nd TP: 0.6450(110 pips)
Disclaimer!
Not a financial advise
Gbpjpy weekly forecast hello traders we are in a weekly zone so be carful trading it soon we might see reversal but i believe we have fvg left on the daily so probably we see last bullish push comment down below what you think and make sure to follow so you get weekly post like this wish you good week and good trading
Btc Bitcoin buy weekly forecast Hello traders last time we cached the bottom of bitcoin massive point the hole week move to 30 k you can check it out off course we are in a bearish market it is not going to the moon trust me .we have a lot of pores in bitcoin that should be balanced price had been delivered in one side all the way to 9 to 10 k that is how price moves . we have next week new opportunity to change something for yourself i am expecting higher prices on bitcoin lets get it any thing in your mind comment down below good week and good trading more loading
Gbpusd after result running 130 pipshello traders we smashed all the posted trades so far so good Gbpusd on a bull run just kissed the zone and tanked to the pips trade .this week if you have followed you probably cached it so you don't miss my post make sure to follow it is not difficult guys lets make money it is free guys join the family
btc bitcoin to 30k after result hello traders i have an after result have posted the signal bitcoin to 30k so everyone can be on board if you were in this trade let me know comment down below it is not a guess work understanding price action and the mechanics behind it is the key to this . amazing trade few days hold only this is life changing big move on btc after a long accumulation