Quickpips
Possible Trade in Progress - GBPMXN - LONG - #QuickPips #ForexHi Guys,
As usual, i'm posting my trade setups as i seem them occurring. I'm not in love with this current setup, but i think it has potential, so let's see how it all pans out.
Onto the TA:
We've currently at support at S1. As you can see it's been used historically as support via the green circle.
The Top Level Resistance is above, labelled R1, and if you pan left, you can see it's been used historically as support and resistance .
Line a represents our current downward trend line , this would need to break or we'll need to have sideways movement past the trendline a, before we could enter a trade LONG.
If the following happens, i will no longer place this trade:
Line a is still in play, i.e. price action remains beneath it
S1 breaks, and the price moves significantly below it.
Thank you for taking the time to read this,
For_The_Many
March 3, 2021 Pre-US analysis EURUSD #quickpippsQuick analysis for EURUSD, Same technique if you want to master it.
EURUSD fib based quick buy😎🤑🤓 A quick fib on the one hour and four hour chart shows it should catch a couple more pips going up. These are the time's I'd go medium aggressive , get in quick and get out even quicker. In times like these, you have to be mindful of when market centers open up, and when news is set to be released that will affect your pair. Sometimes the simple and easy trades are golden.
AUDJPY long 1HThis is my setup as we speak, Waiting for a candle close above 88.310 to go long.
Next upside target for me is the daily 89.000.
If no confirmation yet, I'll adjust and enter later.
