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Signal-sell

TRADE IDEA on EURJPYWritten:10/03/20 4:47PM EURJPY SELL 4H Timeframe Sell Entry: 123.188 S/L: 124.200 TP1: 123.000 TP2: 122.477 TP3: 122.100 Notes/Explanation: On the 4H timeframe it looks like this pair is starting a downwards trend, so I entered the trade for a Sell at 123.188. When the market reopens I believe the pair will break through the last Floor/Lower Low with around 2 to 3 TPs before it retracts. Then I assume it will be re enterable during its retraction and continue a downward trend.
by KKopra
EUR/USD: Reaching possible sell zonePart 1/1 Hi traders, here comes an update on the EURUSD pair. If you have any questions or suggestions, let's start a discussion on the trade in the comment section below. We're only taking a trade once all rules of our trading strategy are satisfied! 1. Technicals : Neutral/Bearish - The EURUSD pair is still in a downtrend unless we see a decisive break above 1.10, which would indicate a fresh higher high on the daily. The 1.10 level is a strong resistance for now and could provide a short-term sell opportunity. The level also aligns with the 38.2% Fib, and the short-term RSI is showing a hidden bearish divergence. 2. Positioning : EUR neutral (4/10), USD bullish (8/10). Falling open interest in EUR. 3. Economic Surprises Index : EUR bearish (2/10), USD neutral (4/10). 4. Correlations: Neutral 5. Int.rate differentials : Neutral 6. Headlines narrative : EUR bullish - EU bailout fund, USD bearish - slight risk-on sentiment and Covid-19 vaccine 7. Today's risk sentiment : Mixed ahead of US open - VIX up, DAX and ASX down, FTSE up. Like our analysis? Please hit the "LIKE" button and share. Thanks!
by MujkanovicFX
1
SELL AUSCAD IN DESCENDING CHANNELHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see that the pair was moving in a descending channel , it has now hit its resistance line and if it fails to break the resistance line ten it will fall back till first support. Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us. Ryan.R..Lopes
Short
by Ryan_lopes
DESCENDING CHANNEL IN USDCFHHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see that the pair is currently in Descending channel and it started its downtrend after hitting the resistance line. It also broke the trend-line and then started falling again. Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us. Ryan.R..Lopes
Short
by Ryan_lopes
Quick Fibonacci LessonHey traders! Giving a quick insight lesson into using the Fibonacci tool correctly (whats is drawn isn't accurate of a trade I have taken it's just to show). I use it, as an added confluence to my set-ups to show me, entries, stop losses and target. For me, I am a swing trader, so when calculating my SL, I put it about 10 pips above the next level, depending on where we are seeing rejections (in this case, finding resistance at 61.8% so my SL will be 10 pips above 78.6%). I also like to put my take profit targets just above the levels encase the spreads don't take me out. I like to list my Fibonacci with; A, B, C and D: (Downtrend example) A = Previous Swing High B = Support/First Low C = Retracement Level/Entry D = Extension/Take Profit Levels D1 = Take Profit Target 1 D2 = Take Profit Target 2 I like to use two take profit levels as when we reach D1, I will take off 75% profit, and then let the rest run down to D2. TIPS: 1) I want 3 touches/rejections at C before taking the trade, to know this is the retracement level. 2) The higher the time frame, the strong the tool. 3) If you can combine the Fibonacci retracement level along with previous pair resistance levels then it becomes an even stronger trade! Hope people enjoyed this quick insight into the Fibonacci tool, let me know what you think :D
Short
by AaronSLuce