Trade-idea
Trade opportunity for SILVERWhen we look at the chart we can see that Silver is close to a falling and raising wedge. If we get to see the breakout of the wedge we will wait for the retest to enter than. My personal opinion is that the price is going to break the falling wedge and that we get a confirmation for a long position when we get to see the retest of the wedge. Keep in mind that it also could be that the price doesn't go and retest the wedge. So what you can do than is just go long on the break and if the price does retest the wedge you can stack positions.
Let me know in the comments what you think of it and what your idea is for Silver
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Trade idea for NZD/USDWhen we look at the chart we can see that the price has broken out of the wedge.
Please let me know in the comments what you think of it.
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EUR/USD could go upWhen we look at the chart we can see that the price has broken a falling wedge. We are now waiting for the price to go and retest the wedge. Once we get back to the wedge we could consider to go long.
If we look at DXY we can see that the price is below a small time support level so if the price stays below that level we could go long before the retest because it can be that the price isn't going to retest the wedge after that because the weak Dollar will push the price higher.
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XAUUSD Bullish Scenario to 2075$Hello Traders,
XAUUSD seems to be bullish on how this channel trend is looking. As well as the current candle that opened broke a triangle upwards.
Trade Safe
DAX at Daily wedgeWhen we look at the chart we can see that the DAX is testing a daily wedge. Do you think it will be able to stay below it?
We can also see that there could be an elliott wave formation in play.
Please let me know in the comments what you think of it.
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XLM REMIND/ Next move is soonTarget 11.3 + ....
i draw prev a mid range waves to 16+ cents.
but first 11.3 +
waiting.
Possible idea for USD/JPYWhen we look at the chart we can see that the price is going into the support area. If the price is unable to break below the support area we could consider to go long in this pair.
This is also the case when we look at the RSI, because the RSI is very low at the moment.
When we look for a divergence we can see that there is happening one at the moment but that one won't be valide anymore if the price is able to break below the support area. So if we look at the divergence side of the trade we could even consider to go short on it if it is able to break below the support area.
Please let me know in the comments what you think of it.
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Possible trade for GBP/USDWe can see on the chart that the price is close to the resistance level. Once we can see that it is touching and unable to break we could consider to short it.
The other reason why it would be a potential short is because when we look at the RSI we can see that the 70 level has been broken so that is an indication that there could be a price reversal.
We can also see that there is a divergence happening when we look at the MACD indicator. This is also an indicator for a price reversal.
When we do take this trade keep in mind that the SL is 63.1 pips away so don't take a lot size that could harm you seriously when the SL hots. Risk management is very important.
The risk-reward is 3.79 so I think that this is worth a try then.
Please let me know in the comments what you think of it.
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ADA mid-long Term Idea. im not showing the dates. just a levels and idea of scenario. Hope to Help You.
Cheers.
Please show your ideas and coins. appreciate you
AUDUSD Short OpportunityHello Traders,
AUDUSD is starting to look bearish in a descending wedge down to our recent Supply zone.
Trade Safe
Possible trade idea for GBP/USDWhen we look at the chart we can see that the price is testing the wedge. If the price is able to break below the wedge we could consider to short it. We do have to keep in mind that it could be a fake out first and then the price does a retest of the wedge before it drops good.
Please let me know in the comments what you think of it.
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Possible trade idea for EUR/NZDWhen we look at the chart we can see that the price is at a former resistance zone. If the price is unable to break below the resistance it would be a good signal to go long on this pair.
Please let me know in the comments what you think of it.
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USDCHF Bullish ScenarioHello Traders,
USDCHF is starting to look bullish as it has touched a key level as well as it broke a trend line with bullish confirmation.
Trade Safe
