USD CHF 2 OPPOTUNITY FOR BUYMY DEAR FRIENDS AS YOU CAN SEE IN THE USD CHF CHART MARKET BEHAVIOUR IS NOT MUCH GOOD BUT WE CAN TAKE A ENTERY FOR LONG AT USD CHF WITH THESE CONFORMATION ARE :
1. TREND LINE BREAK
2. HEAD AND SHOULDER FORMATION
3. SUPPORT AREA TESTED TWO TIME STRONGLY REVERSESALS
WE HAVE TWO OPETION FOR BUY ENTERY.. 1ST MARKET GOES DOWN AREA 0.88666 AND GIVE US A CONFORMATION FOR BUY
2. MARKET BREAK THE LEVEL 0.8900 TO .89200 AREA AND AT RETEST WE CAN TAKE OUR BUY ENTERY FOR OUR TARGET AREA
THANKS GUYS IF YOU LIKE MY IDEAS OR ANALYSIS PLS SUPPORT ME FROM YOUR LIKE SHRE FOLLOW...
Trading_guru
EOS Still Has a Long Way To Recover [Great Upside Potential!]Compared to all the other major caps, EOS has recovered the least. Whereas BTC has almost completely recovered and even reached highs of pre-corona levels EOS still is really low and has more than 90% upside potential.
Obviously you wouldn't want to go in for a single 90% trade here with huge risk. No, we take the mature approach and try get a few good risk reward positions in and take only the profit we can get based on solid TA all the while we trade positions we can afford to lose.
Since EOS is trading in an ascending parallel channel here, we can trade it with a bullish bias. The price is in a linear uptrend, but has just seen a retracement from the middle of the channel. This means we will have a possibility for a very safe and low entry, maximizing our risk reward.
I am suggesting a long position here on EOS. Good luck!
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
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Keep It Simple - Clean EURJPY Opportunity Support and ResistanceThis 200 pip opportunity is staring us in the face. After a clean bounce on the support zone we get to expect a small retracement on the 4h to the level of resistance. We can observe a strong rejection in form of a hammer on the support zone, which creates a very bullish bias.
This opportunity has a great Risk-Reward and should be added to your list of ideas for when the market opens again after the weekend.
Support levels are around 118.50
Resistance levels can be found around 121.20