Overall the monthly we can see a buy, which we are currently in. On the daily - we have our blue supply zone and our purple zone is our fresh support. The price is currently in a buy - despite a sell off this morning. We have an opportunity to continue longs here. Just be patient as price is forming a zone at 1.1812 which is 0.382% - again confirmation of...
Possible trades that could've been placed on a ranging market for Gold Yesterday. A ranging market is definetely harder to trade than a trending one, however gold has its secrets :) This is just for educational purposes. What do you guys think?
price has been ranging for a few days and is now looking to resume its bullish run. Ready to go long at the close above and retest of the 1.06201 level
Price has been ranging between 1.31000-1.27000 since the beginning of September, price could be headed towards 1.27000 in the next few days. There is a lot of important news this upcoming week for both GBP and USD, and most importantly the US election is in 2 DAYS . I charted the FIB on the daily timeframe, and what I think will happen is the market will open...
Hi guys today will be trading my last trade for this week and ready for reviews tomorrow Key points 1.) Ranging Market 2.) Pullback losing momentum (buyers) 3.) Sellers are still on 4.) Caution for spikes 5.) Risk management -2% only for me 6.) Fundamentals says JPY is strong This might vary to different traders but i always do this in a consistent basis happy...
A classic way of trading Support&Resistance is enhanced by the 3-bar reversal. I will set a sell limit order to capture the movement of this trade.
USDCHF has been ranging since early August, Now the price action showing that the price is likely to go up to the 0.916 level or 0.920 level since it has rejected suppoer level several times at 0.906.
Hey all, hope you're all had an amazing week and caught those pips. Here's a little breakdown of my analysis for EURUSD Price is currently caught in a range were price has previous consolidated - remember always look left to predict what can happen right! With this I will be waiting for price to break this range before entering on a trade. If price closes above...
Hey folks! We have a nice position to enter for a LONG on the GBPAUD chart. The market is moving sideways. Hoping for a reversal on current price level and reach the TP1, TP2 and much more :) Good luck my boys and girls!!
The price has clearly moved up from February this year. There is a strong correlation between the pandemic global issue and the increase in price. 2020 has been a game changer and we have noticed that the market went up before finding a strong resistance illustrated by the horizontal red line. Market price is still evolving along the main blue trending line,...
Hello traders and analysts, We have an update to our GBP AUD trading range - price is still very much ranging but we have managed to yet again catch a trade to the upside whilst still hedging the downside movements. Over the end of last week, we saw the Aussie get stronger but was not enough to break through to 1.78 area. so the demand zone still stands and the...
AU has been ranging since July 5th between a level of support and a weekly resistance. Finally, there was an impulse above the weekly resistance and currently seeing a retest of that previous resistance. I would wait for a confirmation to buy or sell. I believe it may pull back a little further before buying to possibly a previous wick which was at 0.70620 or...
Thank you for your lies and shares, Much appreciated! __________________________________________________________ The market needed to be looked up with another eye. After the decision of the Credit Suisse company to take down some shares. Did we notice any change ? No! Market TVIXF changing in market shape, passing from a descending trend to a ranging lower...
The large uptrend line can be duplicated to see all other parallel levels where the market have found support/resistance. The price have then been ranging horizontally, after having broken this large uptrend line. Now it is time to consider the probability of seeing the market price fall a bit. The break of the lower part of the rectangles will validate that...
USDJPY is a quiet pair, the red box indicate the level of the selling opportunity I am waiting for. Remember, when market consolidate it has potential on a harmonic patterns setup. You just need to be patient and wait for the trading opportunity.
Hello Traders!, It seems that the USD may begin to gain back some strength, lets see how the currency plays out until the end of the week! What Is The Market Telling Us? Price has been consoldiating with a 40 pip range between 0.9608 and 0.9648 Market may be looking for BUY orders with having 2 bearish FAKEOUTS to trigger it Bulls have been battling the...
The market is currently ranging. The price has tested the resistance a number of times (a strong resistance). Plan A - What I will be looking for once London opens is whether the price the hit the resistance and give a breakout (by ensuring candlestick closing upon the resistance) and making my entry setting TP at 134.910. SL will be the below the previous...