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Support and Resistance Trade Set-Up on WIN/USDTHey all, here’s another entry on my tradingview series called 'Quick Updates'. In the chart you can find a nice and clean trade set-up based on support and resistance --- What is The Quick Update Series All About? --- I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible. If you want to learn more about how to place your limit orders including entry, stop-loss and take-profit, check out: Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Long
by Trading-Guru
2
This time we gonna nail this gbpaud down !! mua hahaha :D on the 2nd of feb we managed to get a nice sell signal on gbpaud ., now we have another chance to sell gbpaud , our trade signal is for monday night 2nd march . we will look for selling opportunities. we can use a tight sl just above the top level around 1.99. we also witnessed strong bear divergence on euraud chart , and we dont have any divergence on eurgbp so we believe that gbpaud will be great trade. wish you good luck and happy profits .
Short
by garrystevens71
Nice profit for eur/usd long! (ALL TP HIT)that was a wonderful trade for the week. for those who loved my analysis. please comment and like. i will be responsive to your question. thank you WEEKLY TIMEFRAME EUR/USD !! It have a downward channel at which we see price action respecting, and when you change from candlestick to line graph we see price currently on the "weekly resistance" which gives it more confirmation for a downward continuation, Also positive NFP data that gives the dollar strength.SO we have a complete retest of the previous lower high DAILY TIMEFRAME So We notice a break of structure in daily from downtrend to uptrend which indicates a shift of momentum to the upside.we see price closing with a pin bar on the daily. showing massive rejection. on the weekly resistance . since price still maintains the uptrend we need to see at least 31.8 to 61.8% retracement before entering for a potential short H4 &H1 TIMEFRAME we clearly can define the bounders . we see price forming "higher highs" and "higher lows" ,i think maybe we could see a potential head and shoulder pattern before a move the the downside. so we need to see price retest the left shoulder high and reject before confirmation of short our EUR/USD SHORT target 1=1.11100 target 2 =1.10900 Target 3=1.10700 thank you and please follow me to get more updates
Short
by ShinForex1