Man im dead right now, but there are so many reasons to buy. Close above daily TL and retested. Bullish trend. GBP is looking to go down for the next week or two. Bla bla bla just buy this make some money and be happy :) TP at the first TL or hold it til it reaches that next TL since EURGBP is still in a bullish channel.
Price definitely doesn't wanna break the high you see on that spike up on the left. Some crazy good USD news would need to happen because it seems Bearish in general. ANYWHO LETS GET THE THE TRADE It's basically a simple consolidation trade. TP 1 shouldn't take long to get to at all, but the full trade might take a week or two. Stay cautious about lot sizes with...
Price definitely doesn't wanna break the high you see on that spike up on the left. Some crazy good USD news would need to happen because it seems Bearish in general. ANYWHO LETS GET THE THE TRADE It's basically a simple consolidation trade. TP 1 shouldn't take long to get to at all, but the full trade might take a week or two. Stay cautious about lot sizes with...
4h Head and Shoulders. The Neckline TL was copied onto the left shoulder peak to project the right shoulder peak price. Wait for the breakout of the yellow TL to go bearish before selling.
EU has continued to follow the path of completing the Head and Shoulder pattern best seen on the Daily chart. On the hour chart, EU has formed another smaller Head and shoulders pattern against a moderate trendline...Enough for me to take the trade :)
Easy trade. Risk 42 pips to gain 280????! Test of weekly TL, no signs it wants to break it. Price broke a bearish TL and price just retested it not that it is resistance. ENTRY KING RIGHT NOW DONT WAIT :) Good luck
Focusing on the long term sell here. Daily and weekly failed to break weekly TL's. Expecting Audcad to bounce up, fulfill head and shoulders on the Daily chart, and then Crash down 680 pips. The short term buy is riding price up til it fulfills the right shoulder. You can jump into a buy at any time, since we saw 3 tests of a major TL and a very bullish daily candle.
EU Completed a Bullish Head and Shoulders on the 4h and daily. Major rejection of major trendline a couple weeks ago, indicating it's still going to go down. And now we have out final Trendline touch to fulfill the Right Shoulder Height. This is my golden trade of the week. Another confluence: Gold is also at a major resistence trend-line. Gold goes down, USD...