Outlook for next week Bearish bias, Confluences: Daily LH formed + a lot of buyers exhaustion on Daily time frame 4H bos + LH that was formed at the 78,6% 4H bearish engulfing pattern Market is moving under the MA TP'S -27% / -61.8% ( bias can change during the week price action is 1)
Reason for Buy setup: Confluences 1: 4H ema rejection / sellers exhaustion 2: 1H fib 61,8 lvl acted as support 3: 15min creating minor Higher Highs and Higher lows showing that momentum of price is shifting
GJ this friday, made the retracement and hit -27 and -61 TP zones 1H shifted in structure but overall GJ is still in a Bullish trend
Saw that GBP/USD broke te mid level at 1.32500 but missed my entry so I waited to see if it would drop under that mid level or go up and break it. That yellow box is a 4h Support/resistance box so I waited until it broke the box and I was also looking for a lower high when I saw that I entered on 1.31565 with a 33,2 pip SL and a 130,5 pip TP that was hit about an...
Gold almost at resistance of the Red trend line Put an entry on 1929.12 with a SL at 1933.58 and my first TP the first golden line at 1898.11.
GBP/USD is at 1.32000 broke resistance zone could go up to the latest resistance after breaking the yellow marked zone I have 3:1 rtr I'm still a beginner if you could help of see something where you could improve me sure do it Have a good day!
Chance to go short on EUR / CAD it had broken the trendline but it was a fake breakout. The yellow line is my mark of the highest HH i put my SL slightly above the yellow line and the TP at 1.54134 may drop further but that's a good TP for me.
Short opportunity it is now at resistance and I think it will go back to the previous support.
A couple days ago I published a chart where I thought that would breakout and it did it but on the downside I had my entry set on the price tag and my TP at 68Pips because the length of the resistance line and the trend line of the triangle where 93 pips in total so I had set my TP a little bit lower. im not that good in trading im just new to all of this if I can...
Hello im new in the forex trading world this is my analysis of what I think will happen after x time if you could help me please react and say what I need to improve or do better
Hello im new in the forex trading world this is my analysis of what I think will happen after x time if you could help me please react and say what I need to improve or do better