Price has moved into profits with the Nasdaq trade, holding very very nice profits 👌🏿✔️
We seem to have rejected this area massively and in a way I can call it thr right shoulder my next target would be around 1700.00 or as low as 1677.16
Potential Moves to the downside * We might see potential shorts on Nasdaq because of this double bottom and if breakout from this 15982.2 area we might continue down to 155521.5
2 percent risk and 7 percent reward, quite nice. We seem to be in a double bottom pattern and in a way I can kinda of see an inverse head and shoulders too
This might abit be more clear on the Daily chart My observation from EURUSD is longs because we seem to be inside a channel now and the risk entry is available ( I'm going in now) then after the breakout we can open our reduced risk entry style. We seem to also be having a second touch on the bigger trend. TP is 90 percent rule
My observation from EURUSD is longs because we seem to be inside a channel now and the risk entry is available ( I'm going in now) then after the breakout we can open our reduced risk entry style. We seem to also be having a second touch on the bigger trend. TP is 90 percent rule
Given the weak data we got from NFP on Friday that confirms the weak USD we've been expectingthjs time, first target is the touch on 94.000 and if we breakout we can expect our 90 percent move to complete. Pattern : Asecending Channel Last target is around : 90.000
On the breakout * On the breakout of the this double top and channel we have formed here I am looking to enter again with longs on the pair our previous structure is still valid
EURUSD Nice Descending channel on a weekly till thr H4 TIMEFRAME we are inside our biggest channel which is the weekly then we have just broken out on the H4 channel looking to complete our 90 percent rule
EURUSD Nice Descending channel on a weekly till thr H4 TIMEFRAME we are inside our biggest channel which is the weekly then we have just broken out on the H4 channel looking to complete our 90 percent rule
I also think DXY will fall based on rising inflation and this new COVID strain that has alot more transmissible rate than others and most countries seem to preparig for another lock down and world economic activity facing risk of another halt. Technically : we seem to be inside a Channel 9n a biggest timeframe ( W ) and last week seems to have rejected nicely. On...
I also think DXY will fall based on rising inflation and this new COVID strain that has alot more transmissible rate than others and most countries seem to preparig for another lock down and world economic activity facing risk of another halt. Technically : we seem to be inside a Channel 9n a biggest timeframe ( W ) and last week seems to have rejected nicely. On...
Silver didn't quite breakout as we expected but we are still bullish on it ✔️ I'm bullish on sliver based on this inverse head and shoulders and for extra confluence we can also say this double bottom.
We are holding g quite good profits from our previous set up absolutely fantastic trading and if you took trade with me you must be holding super profits too, enjoy
Adding to our previous silver movement we might genuinely see price impulse after this corrective channel as we saw happen earlier. TP is in sight 2 percent risk adjust SL accordingly as is
Uploading this abit late but I'm running quite good profits already from this set up, still has quite good potentials especially after the breakout ( reduced risk entry) and we can apply the 90 percent rule for TP Goodluck.
Price has created a Head and Shoulders pattern and we can also see a Ascending channel patter if you add trendlines from the last two touches on the recent action, patiently waiting for the US to potentially head towards the right shoulder again to create a double top then we can short the pair 🇺🇸 🇯🇵 secondly if we can break lower than our neckline before heading...
We can see price has created a double bottom and retested this 1.34037 zone too. Reduced risk entries seem to be available for the pair 🇬🇧🇺🇸 Best of luck traders 🦅 Overall bugger structure : descending channel