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Trednanalysis

USDSGD long trade ideaPlan: wait for the price to bounce off from demand zone --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2
XAUUSD analysis, price will start to grow from the level...Please Support this Idea with LIKE if it is Useful.... XAUUSD The price broke trendline and triangle ,If price continue to hold above the trendline Support then there is a chance that price might continue to grow. For Entry: Wait for the formation of Bullish Candlestick Pattern to close on 1hr timeframe for confirmation to Buy.. Trade it with proper Sl.. In case price breaks below the level then we can look for sell opportunity.. Push LIKE & SUPPORT the Idea... *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions
OANDA:XAUUSDLong
by Stargazer_fx
4
HEAD AND SHOULDER PATTERN ON GBP/JPY - June 2020YO TRADERS, This is just an educational post. Just thought of sharing how this HnS pattern formed and moved in the direction as expected. The video recorded is self explanatory on the formation of the pattern (Left shoulder - Head - Right Shoulder) formed between 3rd June 2020 and 11th June 2020. As you can see in the video this is perfect HnS pattern forming on the 4H pattern. While this pattern is a perfect text book example, HnS patterns do not always turn up like these. But when they do its important to make the most of it. After taking entry at the Neckline and price rejection the price moved 450+ pips in the downward direction before moving up again from the daily trendline. This is a positional trade and to achieve the max out of this you had to hold on to this trade for at least 10 days. The best way to maximise this was to use a trailing stop and then chill. Hence, its always important to look out for such patterns being formed and most importantly identify them. The no of trades you take are not important but the quality of one trade and riding on the profitable trade like this can make you a successful trader. Hope this was useful. Please like, share, comment and follow. Thanks Madtradex
Education
by Madtradex