.......................................................It is elementary dear Watson. Make sure we take into account our risk and reward ratio. Don't forget to keep this one in the fridge until next week, it will be cool. It is a good idea to use a sticky note at the door. Well, never mind. That is what I will do anyway. Have a great weekend.
We observed a strong selling signal just before the exit of the trade. The suppor t is still very strong but we noticed a second possible support if the market decides to break the first black line. Possibility of formation or larger candlesticks with huge volumes indicating a significant change. Possibility , therefore, of generating profits in...
In next week it is possible for gold to take 1505 as a support level to probe higher levels (couple of peaks shell occur), but when it is over, we expect that it will go down to to test 1475.
I think Gold should be high posible swing in case A. or B. Last week on Friday I loss because entry in large range area with breakout. so tight stoploss make me out . Next week we will wait to Green zone and entry in Long position If rise to red area , I will wait until it break and retest again and buy on dip after that I will post again in 15min...
Here we saw a trend on Usdcad also moving in a huge channel.Lets see a rejection from trend line and an upward breakout current range.
GBPUSD is going down for the next week and here we can face one more rejection for an upward movement.
GBP/USD is falling from previous two weeks as US dollar was getting stronger since start of february.As now I am expection a breakout on upper side.A slightly chance for downward breakout but hope it will go long.
EURUSD remains range bound and its still moving in sideway trend and until we see any significant breakout, we should be careful with any long-term positions here. Trading between the ranges offers good reward but a breakout either side of the range will be key to any long-term outlook.
Watch for breakout of a triangle forming Gbp/Usd pair.It is going to end up trend.Now it will break the triangle downward.Use proper money management Good luck
Euro is gaining strength as no vote for brexit which pulls pressure on Pound and euro is still gaining strength against Yen.Here is Eur/Jpy analysis we are moving in a channel.Watch for breakout.Good luck
all my chart is usd strong boy SEll on Daily Chart
I'm doing my home work and sharing. GBPEUR or EURGBP looks good for next week based on 6H time frames. In fact nearly all Sterling pairs look favourable for trends south. That doesn't mean I'm shorting all next week. This is not advice or predictions on what will happen.
We have seen GBP / USD fall over recent weeks. Whereas I still believe there are opportunists looking to profit through shorts, I will be going long from the week commencing 28th May. Here is why; 1. We have gone past the 2018 Daily low (Investors negative around the pounds outlook) and often we see faster recoveries when a major support is broken as traders do...
Here is the update and following idea and short target position of In fact the first idea was correct with the resistance. However I need to correct the coefficient of the projection slope due to the drop of this night and historical data.
With Fibonacci and my personal indicator call "Macd_Reader_Signal_Moriceau_Thesis_indicator" in Public library of Trading View I drawed the estimation of the next few day on BTC USD. If you have any suggestion let me know.
Here's what I'm looking at for LTC. Looks like the pressure is really building up in the cone of this "LONG," Pennant!!! Looking back at previous Pennants in LTC this Pennant should be No different, as each consolidation, (like this event), should burst LTC to newer highs and higher lows! As indicated in the chart above, my thoughts are as follows...
Hey traders! I want to share with you my LTCUSD analysis. As you can see in the chart, there is a big triangle pattern that has been forming since last week, which is now about to be completed. You can also obserb how volume has been decreasing along last week, which supports the idea of a triangle pattern formation. So, what´s next? Well, is these cases...