USDCHF : look to buyIt seems we are in the beginning of a weekly up swing .
Therefore i look to buy inside day reversal only , to take advantage on the weekly .
*will not buy under 0.9900 or if close below it .
Best of luck :-)
Lowriskhighrewardplay
Waiting for Opportunity to Buy Cheap Gold with Low RiskBased on last week gold OANDA:XAUUSD run till today's highest peak, I'm looking to buy gold during retracement (Fibo Level between 61.8 and 71.8) with a selling target between Fibo 1.21 to 1.50.
This idea remains valid as long as the price doesn't breach the 1560 to 1565 resistance zone from 2011 data.
This set up will have more than 1.5 Risk and Reward Ratio.
Don't chase the market, wait for the price to come down between 1516 and 1509 zone before buying.
XAU/USD ShortXAU/USD failed to break above $1522 for the 2nd time. Causing it breakout of the 1H Triangle it was in, in the downwards direction.
Currently, we are sitting at $1515 during this pullback from $1513.
Next Major Support is around the $1450 area on the Daily chart.
GBPUSD - Long with low riskThe market is in a downtrend. Maybe it makes a correction until 1.25742 for retesting the area.
We have a risk-to-reward ratio of 1 to 6.
If the market breaks the level of 1.25100, we exit the trade with a small loss.
Otherwise we enjoy our profit and let it run!
All the best!
$HEAR - double bottom - low risk/reward - Swing IdeaSWING IDEA
Buy near the Yellow Line or near Red line.. Set SL .05 below RED line .
GREEN line is to take profits depending on your PT.
Fundamentals for $HEAR is good so it might be considered a good long term hold. Depending on the trend I will add near support.
AS Always..
1. Plan your trade
2. Money Management (if you plan to add on strength or weakness)
3. Honor your stop loss.
4. LONG TERM -- do your DD before going long.
GOOD LUCK!
Short USDMXN inside monthly swingHi.
looks like USDMXN in a critical zone and the last daily upswing failed to comntinue after hitting very important resistance zone .
The purpose of this idea is to be aware of the potential big move ahead of us .
personally My plan is to take short using intraday techniques but you can use your own and take advantege from this big move .
best of luck :-)
[Signal] USDHKD: Low-Risk Opportunity Arises AgainUSDHKD
Timeframe: 1D
Direction: Short
Confluences for Trade:
- Pegged currency @ 7.85
- Stochastic Overbought momentum
- Price action at Horizontal Resistance Trendline (Central Bank defends at this level)
- The opportunity appears again similarly to our previous USDHKD trade; minimal risk involved)
Suggested Trade:
Entry @ Area of Interest 7.8450 - 7.8500
SL: 7.8572
TP1: 7.8350
TP2: 7.8210
RR: Approx. 2.72 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
$TNXP - swing idea / low risk reward set up -TNXP - Recent 8K filed 10/2 - presenting / PR
Trending up making higher lows. buyers stepping in. Might start to run.
Short Float 6% finviz.com
Swing Idea:
Buy between red and orange line.. stop loss at.58.
Take profits (scale out at green line or if there is news and volume increase)
Daytrade Idea:
Watch for PM volume play over .73
Long ETH/USD Daily according to our Zen-Trend indicatorOur indicator has performed very well on the daily ETH/USD pairs, so let's see where this trade takes us. We had the active setup yesterday, and today the trade was entered. We're cautious however, there is a lot of resistance to push through.
We've also updated the indicator: it's easier to add alerts for when a setup appears, a trade is entered, and a stop is hit.
For more information on the ZenTrend Follower indicator please see below:
Like and subscribe if you enjoy our work!
Stay calm, and happy trading!
ZenTrader
"KPIT" Continue in it's UpTrend"UpTrend" & Above "180 MA" Means a Long Term Positive Trend.
Now RSI Is Low Around @49.9 & You can set a stop loss below or At Price @282.50 ( "Low Risk", "High Reward" Trade Setup).
EOS/BTC in to climb over 150% in the next few months?!?!I've had a very exciting find today... EOS is looking to be a very good long investment over the next few months. If and only if it can hold lower support level then we should be in for a bull market. To further show a trend reversal, Bollinger Bands have been contricting, indicating future volatility. I would start looking at future resistance levels such as 100 or 200 MA for confirmation of this reversal. However, I'm quite confident that this pattern will continue and allow EOS make new highs relative to BTC. I'm excited for what the future holds on EOS!
AE, An opportunity not to be missedAE Has reach a very critical support and Orderblock.
This support was the resistance AE had such a hard time breaking before running off.
I believe we are entering an accumulation area for this coin. We have bullish divergence on 1h,4h and D1 RSI
With strong confluence across the board here is the entry:
Entry: 2356-2506
T1: 3695
T2: 5232
T3: 6094
T4: 7102
Stop Loss: 2050
Risk/Reward = 15% - 49/112/146/191%
This is a mid to long term trade (1month + ETA)
AUDCHF - buying opportunityAfter the false breakout today tomorrow going only bullish .
Low risk high reward.
Best of luck :-)
CADCHF - buying opportunityLooks like its going up - from big support zone on the daily / weekly chart.
Also intraday reversal on pa support and S1 support so i'm in.
Best of luck :-)
GOLD : Buying opportunityWaiting for more accumulation to come and a false break of recent lows , then enter long where first TP will be 1345 zone and ultimate target will be 1400 zone.
*We might get another smaller bullish h&s pattern before the rise.
Best of luck :-)
EURNZD buying opportunityPrice has been stalled on multiple support zones and created a low risk buy opportunity.
look for an intraday buy setup in the London/US session to get in .
next resistance/target zones are marked on the chart.
Best of luck :-)
CRUDE OIL - Buying opportunityCRUDE OIL main trend is up and i'm looking to buy the current bearih H&S pattern .
S&R marked on the chart and targets above around the blue lines.
Best of luck :-)
EURAUD buy opportunityA clear rejection on price action s&r with fibonacci confluence might be the low of the next leg to the upside .
So, i'm looking to buy on the break of 1.5330 where the first target will be 1.549 and ultimate target 1.6 zone.
Best of luck :-)
EURUSD - Looking to buy in support zoneEU main trend is up and made h&s pattern that failed - many entered short but price moved up against them .
Yellow zones of confluence marked on the chart , there i'll try to buy the lows with falsebreaks/reversal patterns.
Everything is on the chart...
Best of luck :-)
USOIL - intraday buying spotWas out from the last position after a sharp move down and now looking to buy inside the day using fibs + support + waiting for the false break .
Keep looking for the low risk high reward trades.
Best of luck :-)
GBPUSD - SELL down to 1.335 Price is in the 61.8% retracement zone from the last swing from 1.365 to 1.3025 + PA resistance + upper channel resistance.
Since there was a falsebreak on the 1H time frame i believe price will go down to 1.338 at least . If 1.338 zone will be broken next support will be 1.335 zone.
Best of luck :-)
CRUDEOIL - Buy untill the 60'sLooks like oil supported here and a big upmove is ahead of us if oil will keep its uptrend .
Inside day we stopped at support + fibs support + trendline + 4h reversal.
Best of luck :-)
AUDUSD - sell untill support zone 0.75 Main trend is down and a false breakout occurred inside price action resistance zone + top of channel + fibonacci confluence + reversal pattern .
Therfore it looks reasonable to me that price is heading to 0.75 zone.
The zones are marked on the chart.
Best of luck :-)
