SHORT TRADE IDEA Entry: with price below 10.82 Volume: with volume greater than average Target: 8.90 area (this is an area, no guarantee it reaches this price, but you should be selling on the way down) Stop: Depending on your risk tolerance; I would have a hard stop set at 11.39, 1 penny over the high of the gap up candle. LONG TRADE IDEA Entry: with...
Entry: with price below 75.06 Volume: with volume greater than 5.92M Target: 67.82 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up) Stop: Depending on your risk tolerance; Based on an entry of 75.05, 77.46 gets you 3/1 Reward to Risk Ratio. This SHORT swing trade idea is not trade advice and is strictly...
BINANCE:LINKUSDT LINK USDT Failing Wedge Pattern in 4 Hr TF. Sell Stop Order Placed. SL 8.036 Level.
GBPAUD has reached the FCP zone on weekly TF, it also confluences with another FCP zone in 4hr TF. It has started to show some bearish indications (rejection from monthly 61.8 fib level), a possible short trade is foreseen. If you do like this idea, please hit the like button to support me. Disclaimer: This is not a signal, this analysis is for educational...
Not gonna stay in this for too long, but here is a short trade idea.
Here is another Forex Trading Snack. A Friend on twitter said it like this. “With everything the FED has done plus the fiscal stimulus package one would think that markets will stabilize first, then soar.” Bellehos I agree, In stead we hit a bottom and started in a V shape Stock market recovery. The reason IMO as well as many others is leverage. It is an...
Price has reached the previous liquidity highs , closed with a strong H4 closure giving us that signal of buy orders not being fully taken out by bears so i am waiting for a tap higher atleast at the top of the liquidity zone to take a short before the high rejection.
Welcome to another Forex Trading Snack. NZDCAD looks good for a possible EW ( Elliott Wave ) 5 wave pattern on the hourly or the 2 hour and also in the 4 hour charts. Sometimes patterns are much more clear on a certain timeframe, but at times like this, it fairly clear in multiple times. Friday trade was wild with NFP news and price action that followed. Yet...