BTCUSD Monthly View BTC on retest mode and it really need to induce buyers in order to give a great move on short.
Monthly View BTC shows how great move it is since, because of "DXY" Dollar weaken time and now "DXY" Dollar has gain strength and take a ride up, let's be positive with this and see the outcome on BTC 👍📉
Lingrid
GBPNZD WILL Collapse.Is anyone seeing this also? GBPNZD is heading towards the previous monthly resistance. I'm very optimistic this instrument won't break this defense.
Stochastic is really overbought which is signaling a bearish takeover soon, The market isn't set in stone so we should lookout for anything.
What do you think? please do well to write it below.
usdcad short trade ideaSymmetrical triangle trade idea , Traders here is a great opportunity to make some money. Consider it great opportunity when price touches the upper boundary of the triangle , if Price touches the upper boundary , place a sell entry with proper risk reward ratio and risk management.if price manages touches the upper boundary , In usual trades place your Stop loss above the above the upper boundary and your take profit around the lower boundary. In addition if price breaks below the lower boundary and support , if price makes a pullback towards the previous support , place a short entry with stop loss above support entry/lower boundary and your Take profit around 1.19880. Enjoy.
GBPUSD Sell opportunityGreetings traders. This is a Pair that does good to many traders. We have seen the price currently touching the major support area . The expected price movement is South in a 1 hour time-frame. Check your 1 Hour time-frame and see the Resistances and Supports drawn in the Chart. Price movement is expected to move south after a rejection or bounce from the local resistance . Another good and attracting setup from this Pair is that the major Resistance = Support area is currently being tested by multiple rejections , this indicates a great tendency for price to break the strong support area , The south direction is also supported due to the fact that , bearish market at the major resistance point ,structures have formed indicating the bulls are losing buying strength and sellers have a great opportunity to gain more ground by breaking the major support . In this setup place your stop loss above minor resistance ,that is if price has managed to go up to minor resistance and simultaneously bounce from that point as well and place your Take Profit at resistance = support . if Price has managed to go below the resistance = support area , place your stop loss above r=s and your take Profit at major support.
on the other hand Price is expected to go above the minor resistance , in other words trade cautiously by waiting for confirmation on every buy or sell entry , so you can be very sure which way your trade may go. God bless you trader , PEACE.
gbp/cad: short buy and long buy entries as last week was very bearish market was too much against gbp but now the situation is ripe for little up moment hence point is that buy @ 69.700 tp 71.700 2000 pip profit but note one point is that @ our tp point market will gonna decide either go up or furthur down to 1.65 best of luck