EURUSD (SELL) Best place to SHORT (OUTLOOK) D1Price is currently moving within an ascending channel which has potential to move higher to create a 3rd touch of the channel at the physcological level of 1.119 before the bearish run starts.
If price is unable to break above 1.0935 then I will look for a short entry to 1.04 range.
Follow your trading plan and be patient.
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Pyschological_level
#AMZN - Possibly see Double Digits#AMZN - Amazon failed to hold the 115 level Friday and sold off to 109. Amazon can continue to fall until with see some upside in the Markets. Below 109 we can see a continue move to the downside towards 100.00. This will be a bigger psychological level for Amazon.
#psycological_level #watchlist #amazon
im not gonna trade on monday markets are in deep red and gonna open in deep red too so this time my personal view on the market will be like no trading on Monday.
Fridays USA markets were in deep red so we can see the panic in our Indian markets on Monday. so I personally would like to wait on the sideline for a better opportunity rather than jumping any other trades.
because markets are likely to open near our support and I don't short near supports.
BEST OF LUCK TRADERS.
Missed Trade but Profit target achieved 80 pips we expected gold to retrace the the level i indicated but i wasnt monitoring it for any price reversal or break of structure of entry since we need to adapt on how price react so gold just retraced a little and went to our target is approximately 80 pips from support level 6 pip away from our entry but it was an amazing tracking
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GBP/USD SHORT SETUP WAIT FOR CONFIRMATION BEFORE SHORTINGThis is a quick break down of GBP/USD. i love this setup for the week. this setup looks similar to gbpjpy couple weeks ago.
thanks for following and comment if you have any question. like to support for more creation
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breakdown on GU,EU key points on them good morning traders, so this is a little breakdown on GBPUSD and EURUSD and what i'm looking at for the upcoming weeks, there's a lot of room on both pairs and now we just need to wait for the time or the confirmation before we take them, don't get the fear and greed of missing out as this can play on your feeling and emotions with trading we don't want this, be the best you can be and follow what price is telling you, fear will crush you in the long run learn to be patience and wait for its hands first i hope this helps and would love to know what you guys think
all stay safe and have a great weekend!
Possible LIN ASX Long Position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1 - 3 weeks
Actions on -
A – Activating Event
Market will find support in zone @ Current Levels - .... and move to the 0.022 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.022
ASX:LIN
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.022
Target 2 @ ....
Risk/Reward @ 2.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
VODACOM (VOD) DAILY TIMEFRAME LONGNever has there been so many multiple confluences on a single chart as this one. Firstly, price formed a head and shoulders pattern on the weekly chart, and tumbled down after the completion of the right shoulder and breach of the price below the the neckline. Secondly, prices have managed to stay under the neckline, which was a key psychological level at 14 000. You know how crazy people can be around round numbers. Also, the price is moving in a steady downtrend as depicted by the lower lows and lower highs and the descending trendline unmasks this. Price is now around the 12 000 key psychological area and the lower timeframes already show a rejection in the form of a bearish candle. I expect prices to continue going down. A fail-safe would be to wait for prices to approach the descending trendline and opening short position once clear signs are given.
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