Price has found support 1917 and has formed a double bottom on the rsi and macd with divergence. The setup is picture perfect. I expect price to get to 1945 the next resistance zone/area. Here is the play I will be taking: BUY - XAU/USD P = 1926 SL = 1915 = 1110 PIPS TP = 1945 = 190 PIPS
Price has broken a major resistance area and has retest it perfectly as new support. Macd also looks bullish Here is the Play I will be taking on this trade. GBP/JPY ENTRY = 162.105 SL = 160.690 - 150 PIPS TP =167.154 - 500 PIPS
Breakout of uptrend line that was heading into a major resistance area. Pattern = ascending triangle.
Prices broken a major level of resistance and it has also retested it and support with bulls coming in and a golden cross on the macd.
Taking a short position on the NZD/CAD as price has been in a downward channel headed to a major support area. Price is currently at the top resistance level of the channel and I expect it to fall back to the support level of the channel.
The market is about to open soon and I just want to let everyone know that GOLD looks REALLY good and READY to get back to a previous high resistance area of $2050 If price breaks above $1967 then we can easily get to 2005 which is a $38 move... micro lot 0.01 = $38 mini lot 0.10 = $380 standard lot 1.00 = $3800 If price breaks above 2005 then we can easily...
Economic news has just been released for the USD with greater than expected numbers for manufacturing and Job Openings. Price has already been in an uptrend and has bounced off the strong 38.2 fib level. With these confluences I expect price to continue going up. Here is the play I will be making on this pair: PAIR = USD/CAD ORDER TYPE = MARKET BUY NOW LOT...
Going long on Gbp/cad will put more info soon. bounce off 38.2 fib breakout
Everything is showing bullish. - Fib retractments - 50 period moving avergage - Hammer candle - Break of resistance - Rsi - Macd - ETC ETC I am expecting price to reach near "1860" Buy Now Current Price = 1850 SL = 1827 TP = 1867
Price has broken out of a symmetrical triangle on the higher timeframe at a major supply zone. I am expecting price to continue falling to the next demand zone. Here is the play I will be taking on this pair: PAIR = EUR/USD ORDER TYPE = MARKET SELL NOW LOT SIZE = Micro lot (0.01) (0.02) ENTRY PRICE = 1.12700 STOP LOSS = 1.14815 TAKE PROFIT = 1.11700
Price has been on a nice uptrend, it has also been respecting the 38.2 Fibonacci level Price is now at an apex point (trendline meets support line) I expect price to continue going up after another bounce off the Fibonacci level. Here is the play I will be taking on this pair: PAIR = NZDJPY ORDER TYPE = BUY STOP (PENDING ORDER) LOT SIZE = Micro lot (0.01)...
Picture Perfect Price Action Price has broken a old resistance zone and now has retracted to 38.2 Fibonacci level. I expect it to bounce off the zone and continue to push up to the next major supply zone. Here is the play I will be taking on this pair: PAIR = GBPUSD ORDER TYPE = BUY STOP (PENDING ORDER) LOT SIZE = Micro lot (0.01) (0.02) ENTRY PRICE =...
Price has broken out of a symmetrical triangle on the weekly timeframe. I am looking to capitalize off the breakout, price has not pullback or retracted just yet but if it does not then price should take off. Here is the play I will be taking on this pair: PAIR = GBPNZD ORDER TYPE = BUY STOP (PENDING ORDER) LOT SIZE = Micro lot (0.01) (0.02) ENTRY PRICE =...
Price has been falling from a major supply zone. Price has also retracted from the 50 fib level and gained momentum with a massive bear candle. I expect price to get to the next major demand zone below. Here is the play I will be taking on this pair: PAIR = GBPJPY ORDER TYPE = SELL STOP (PENDING ORDER) LOT SIZE = Micro lot (0.01) (0.02) ENTRY PRICE =...
Price has feel from a major supply zone with a massive bear candle. Price has also rejected the 50 Fibonacci level multiple times. I expect price to continue dropping. Here is the play I will be taking on this pair: PAIR = GBP/CHF ORDER TYPE = SELL STOP (PENDING ORDER) LOT SIZE = Micro lot (0.01) (0.02) ENTRY PRICE = 1.23292 STOP LOSS = 1.24079 - 78...
On the 4hr timeframe price has broken and retest old support as new resistance. Overall trend is down and price has bounced multiple times off of the 38.2 Fibonacci level is also rejecting the 50 period moving average. (high confluence) I expect price to bounce one more time off the 38.2 fib level then drop. Here is the play I will be taking on this pair:...
On the weekly timeframe we have a downward channel and price is currently bouncing off a support/demand zone as well as the trendline. The overall trend for this pair has been down, so if price decides to break support and fall it would actually be (expected) because of the trend (even though I am taking a buy on this trade) If price breaks and retest the...
On the Weekly timeframe we have a perfect (EVENING STAR) candle pattern that has formed. On the lower timeframes Daily or 4hr price is bouncing off of a small support zone and because of this price could go up a few pips. I am looking to catch this pair going in either direction but my bias is (SELL) because of the evening start pattern. Here are the plays I...