Traders need to check weekly charts when considering selling short stocks at this time. Many times there are strong support levels close to the current sold down price action. The weekly charts also provide more data for day and swing traders to determine the all important RUN GAIN POTENTIAL. This must be calculated before any trade to determine the Risk versus...
USDJPY is currently in a longer uptrend on weekly and monthly timeframes. I only believe in multiple timeframe analysis because trends are more obvious on bigger timeframes and we can anticipate the market conditions on 4 to 6-factor lower timeframes than what will be the next move of the market in the next one or two weeks probably. On weekly timeframe there is...
EIGHTCAP:BTCUSD Price moved aggressively to our target and I manually exited my positions with a solid 12R gain. I've now entered the backside short position with a 1 R risk, knowing that I will walk away in the worst case with an 11R trade here. In profit, The Meditrader
EIGHTCAP:BTCUSD I'm currently in this trade to the long side for the majority of the overall move (12 R) , but there's still a chance to capture the potential 4 R trade to the downside. I'm expecting the bulls to push the price up to the pre-break level and take out that imbalance before making a move back to the downside and test previous support, both of...
Good Afternoon Kings & Queens. Here in this picture we have a nice trading pair USDCHF. Which is United States of America Vs Swish France Dollar. I don’t have a bias on this pair, all I am sure of is that it’s going to move. If anything happens that we are hunting then I will keep you all updated!
Usdjpy has created a bearish bat pattern in h4 chart, we see the XA leg as an impulsive leg because the swing in A broke a previous low and this thing is really positive because shows that the sellers are becoming stronger and it could be a first signal of a Change of Character (market changed from bullish to neutral now). We have fundamentally 2 possibilities to...
NZDCAD created a bearish bat pattern and is now trading a little bit above 0.886% retracement of the XA leg. If you look at the volumes you can clearly notice that the pressure is shrinking and now there are high probabilities of a retracement towards the Point of Control in H4 chart (which also corresponds at 0.618% of Fibo retracement of AD leg). Enjoy your trading!!
HSBA poised for breakout of ascending triangle. Great risk to reward set up with stop just below 5.20. First profit target 6. Sell half and move stop to break even. Second half of trade risk free with target of 6.68.
high risk high reward of 1 to 10 rr. Caught a nice sell here on GBPUSD as price action traded upward to the 4H sellers order block. Got a 5 minute break of structure and entered! Insane trade caught today lets see how many pips this one will catch.
This is a Nice Risk to Reward Trade that i just couldn't ignore if this goes well we should begin to pump to around a dollar in the next few days.
Hello traders! Please see our breakdown and opinion of the current Usd index. Breakdown - Price has been respecting this bullish dynamic support since late October and we have seen multiple tests of this area as it ascends. We have identified what we think is some 4hr exhaustion in the orange box. It is also apparent from the daily time frame that may have...
Please see above analysis off Aud/Nzd. This pair has gone through a nice impulse, correction and we are now in the impulse phase again. We have recently broken the descending channel and we are retesting a key structural level. We are targeting the previous swing high. As always please let me know in the comments below your thoughts on Aud/Nzd and if you...
Please see above our analysis of Gbpusd. We posted a long set up last week for this pair however it appears we were slightly pre-mature with the set up. This should of been identified with the descending daily channel that we are currently in and the bearish flag we identified last week but we missed the descending channel. After identifying this we can...
This pair just keeps giving more and more! Simple OB and smart money concept following the overall downtrend. Best advice - keep your trading as simple as possible, trust in a strategy and just manage your risk.
Hi Traders, This is one of our latest ideas on Tesla. After seeing an extension from the 10/20 EMA as well as a spike in volume with divergence on 4H RSI taking into consideration "cause and effect", we should see a solid movement here and a retrace to the 50/618FIB and back to trendline - testing the 200MA and daily 200MA. This is a 1:14 risk to reward....
NOT A TIP OR CALL . breaking its trend line . sell on retest . see the price action at the trendline NSE:ABCAPITAL
Risk to Reward favourable despite the fud, market will see higher prices. Record low btc on exchanges thus lack of liquidity, resulting into a volatile market. The underlying facts still stand and on-chain data points to the inevitable. Stay safe and have a great weekend guys!
The EURUSD pair is consolidating within a triangle from the 1H time frame on the chart above, with intensive buy pressure that started yesterday and could not proceed much in the early hours of today. the price has stalled with the triangular candlestick pattern. a breakout is necessary to determine the directional effect of the continuation pattern after a...