LIT
XRPUSDExpecting this to come down before a long trade set up.
Few confirmations
Market structure
institutional candle
candle formation
fib retracement.
I dont send out many trades for crypto but as we approach XMAS i will be increasing the volume of crypto trades i send out!
always move stop loss to break even when you are 50 pips in profit when it comes to crypto.
NZDUSD getting ready for HUGE BUYSThis is a long term trade which means it could take weeks for this trade to go through.
Overall NZDUSD reversed off the key 3 year support and starting to just keep buying buying buying. In general the trend is up and there isn't much key areas or other confluences to say it won't push up. A few pullbacks and retests here and there but overall trend is buy long term.
Start: 0.64261
stop loss: 0.63574
take profit: 0.66873
GBPJPY setting up nicely for BUYSGBPJPY after last the last two weeks, we have one of the trade hit take profit starting the uptrend. The long term analysis for GBP is up up up ever since we saw GBP hitting key areas and points of support last month. After the push towards the high, price broke key area and pullbacked a little towards that very same key area. This is structure trading at its finest. Now we can see the pair continuing the push up during this new york session or the next London/New York session.
GBPJPY BUY
Start: 133.903
stop loss: 133.255
take profit: 137.397
AUDCHF Longs in play?!? Broke trendline!AUDCHF broke out of the trendline and retested the trendline on the 4h chart. I want us to enter the BUY now yet we need to see what type of candle the pair will create for us on the daily timeframe. Indecision candle could be a good indication it'll move from a point. It's looking clear it'll close above the trendline so we'll enter a BUY when the new trading day comes around.
EURCHF pullback then longer term buysAnticipating the pullback come london session. Price recently broke the trendline and retested that trendline on the 4h chart. with continued rise, our buy limit will just be in the 15-25 pip range of the asian session proves to not move too much.
EURCHF BUY LIMIT
start: 1.09326
stop loss: 1.08819
take profit: 1.11362
USDCHF downtrend confirmed?M structure formed back for third legVery crucial moment with USDCHF, price broke through key area as it was a bit expected and now instead of reversing from the key area, it decided to move up a bit more. towards the descending trendline whicch just crossed paths with the upwards channel. We'll enter a SELL NOW position with a small stop loss to test it out.
USDCHF SELL
start: 0.99194
stop loss: 0.99448
take profit: 0.98285
Second chance opportunity on BTCUSD (BITCOIN) SELLSBTCUSD reached the trendline that we expected it to hit last week yet it didn't push up at the time we expected but it did. Looks good for sells yet I'd caution to use a smaller lot as I'm not a crypto expert.
BTCUSD SELL
start: 10653.98
stop loss: 11311.28
take profit: 9177.00
AUDCAD break of trend line to push BUYS into play?AUDCAD at it's the lowest price ever since the inception of the currency pair. I'm leaning more towards price breaking the trendline, pullback and continue rising. If we do get that confirmation in the next coming trading days, we're in a BUY position for the long run.
USDCAD starting to make its move, creating new downtrend. USDCAD playing out beautifully, price broke out of the wedge/triangle and retested the trendline. If we can get a daily close below the trendline, we'll enter the SELL position.
USDCAD SELL
Start: 1.33315
stop loss: 1.33482
take profit: 1.31156
USDCAD still just below the trendline, currently in some profits. Though, there's a good chance BUYS might come in play if the candlestick pushes above the trendline. The thing to monitor is the daily candlestick...red/bearish candlestick.
NZDUSD sell oppurtunity, broke key area, pullback to sellNZDUSD trend looks towards pushing to the 4 year low after breaking the 2 and a half year low. We'll enter a buy limit with a chance to manually place a trade if price shows.
NZDUSD SELL LIMIT
start: 0.63356
stop loss: 0.63657
take profit: 0.62554
Cheers, LEH
GBPJPY, the BUY looks beautiful coming into this weekApologies for not being active during the start of the trading week, I was still enjoying the weekend. Currently, GBPJPY moved exactly as we expected, daily closure for last week was above the trendline/key area. As soon as the trading week opened a huge gap occurred and needed to push back into the market structure so we missed out on at least 50-100 pips. Now with a move that big for a Monday, we will expect the price to push a little lower to stay within the daily 50-100 pip per day for GBPJPY. We'll enter a BUY LIMIT with potential updates if we'll enter manually.
GBPJPY BUY LIMIT
start: 129.272
stop loss: 128.572
take profit: 133.572