Metatrader5
EUR/USD -Approaching Resistances (update) - EUR/USD has been flirting past sessions with broken support trendline,
being faced now as resistance .
Seems more like a decisive time for EUR/USD to make up its mind and
find direction, either gravitated to the upside (1.20) or downside(1.01)
Both scenarios attached below
Market Structure still intact with the series of Higher Lows and Higher Highs.
(Gold Zone level coincides with the most recent HL of uptrend, must hold to avoid 1.01)
TRADE SAFE
***Note that this is not Financial Advice .
Please do your own research and consult your own Financial Advisor
before partaking on any trading acitivity based
solely on this Idea.
$XAG/USD -Taking Profits on Silver Taking Profits on Silver at Golden Zone of Trend Fibbonnaci Retracement set on *Weekly (tf).
For a full chart break-down and incoming targets,
(check idea 'Weekly Uptrend Outlook)
We're looking for Short set ups in the short-term at 0.618 acting as resistance
(fake break-out may occur)
Buy setups incoming with 0.618 being broken with decent volume and waiting for a re-test
(Buy Orders)
TRADE SAFE
*** Note that this is not Financial Advice !
Please do your own research before partaking on any Trading Acitivity based solely on this Idea
Mean-reversion - OVERBOUGHT - SHORT - VIXGreetings folks,
Price has pierced through the standard setting bollinger band and my mean-reversion system has indicated a setup.
The trading system with a preset 2:1 profit to risk ratio for this asset has historically:
xxx trades
xx %/R returns
Xx % winrate
Do let me know if I should expand the assets and timeframe of ideas that I share.
Cheers,
PineConnector
