Hi guys , it's a spot swing trade
Entry1: 0.1480
Entry2: 0.1380
Tp1 : 0.16
Tp2: 0.1720
SL: 0.13
Please like my idea and follow me for more strong signals
Are you ready for the CPI?
Forecast 7.3% - If it comes lower, it's good result you may get SPX climb higher. However think about how low it comes in or does it come in line or do we get opposite and comes out higher or in-line.
Don't forget we have CPI today but we have FOMC tomorrow. I am going to be trading the two events separate taking my CPI trades off...
Price is in a falling wedge pattern which is most likely to break to the upside. At the 3rd touch of the trend line , we have a pattern within the overall falling wedge structure and also a possible double bottom if price breaks above the neckline
On CADCHF, price has been in a corrective phase for a while now. We have price breaking the previous lower high which is a change of character of the downtrend, we will go long with an bullish candlestick
hello traders, on AUDUSD , we can spot a head and shoulder pattern of the correction phase which signifies a potential exhaustion of buyers position and on an onset of bearish momentum.
a great formation has been formed by hdfc stocks.
its a great bullish pattern, and as i have mentioned the waves, and the trend of waves, a long back in one of my idea(linked it below), the stock is following in the same way. it yet needs to go up by 10%, there is 3rd wave pending, and stock will go up soon.
but the risk part is that bank nifty, has been very...
On the Dash chart, a descending broadening wedge has appeared (1h-timeframe).
A descending broadening wedge is a bullish reversal pattern. The trade can be entered once the price breaks out of the pattern to the upside. The target is the height of point B.
At the moment the price is overbought when looking at the RSI. In our opinion, the price is going to drop...
$AUDUSD - Get ready...
Another week, another great opportunity for us traders to take advantage of.
This week is a very important week: CPI, FOMC & PMIs.
It was a difficult week, choppy action but that happens when we have important data this week. It's important to reserve your capital gains when market conditions are like this kangaroo or amber mode is way I...
"ETH-USDT" FUTURES
First of all please draw a horizontal line at the price of 1264.12
According to the analysis done by me ( technical analysis and price action), 15:55 UTC time is very sensitive and important, Because this time zone (15:55) where the lines of several patterns meet each other and also their meeting with the support line (1264.12).
And we must...
On EURJPY, price has been in a correction phase for weeks now and has created a bullish continuation pattern to resume its prior trend. We also have an engulfing candle at the 3rd touch of the trend line which is a strong confirmation for an onset of the bullish trend.
The instrument has captured inside admirable and wide consolidation. Currently the volumes are low. The breakout depends on the market background and the BTC behavior. Watch the activity on the levels only after having previous 2 touches for both cases, namely long and short.
CADCHF has being bearish for a while and currently approaching a support zone correctively which indicates the existence of few sellers at that level. I will be looking for a possible reversal with either a chart pattern or candlestick confirmation .
What we can see on the chart is a falling wedge pattern.
The price is still moving inside the pattern, once it breaks above the trendline it can be a good momentum to enter long.
Do not forget to put the stop loss under the wedge.
Target is shown on the chart.
$EURCAD - It's brewing!
I've really enjoyed the long side of $eurcad
Technically we are making a inverse H&S
We can even go to lower time frame and see that in a perfect measure. Now when I seek to trade patterns, firstly it's important to see break out as well as a great R/R. I would prefer a pull back towards areas of: 1.36 - 1.35 half areas and then...
