FMTradingTeam

FMTradingTeam

- TP1 hit - TP1 was set at a key resistance line which seen a few rejections the in 15 min time frame but eventually powered through and is expected to hit TP2 - TP2 set at another key resistance line but bulls should over power any bearish rebels.

FMTradingTeam

- Strong support line rejected - 618 fib from higher low rejected marrying up with strong support - 1-4h up trendline met - RSI at oversold - Price below moving average

FMTradingTeam

- Rejected 618 fib - 1-4h trendline met and rejected - Key support line - crucial pivot point - Short term buy opportunity

FMTradingTeam

-TP2 now smashed through - Short retracement at the TP2 line which was heavy support - could be looking down at the 30 min candles to see potential further fall of price and enter another position unless bulls remain in power in the 1hr then close position in profit.

FMTradingTeam

- Only entered Wall street October 2019 so not even a full year of trading after starting at $10 we seen it rise to 37 then drop due to corona - With normal life returning we look to the virgin enterprise as it gets going again - Tesla stock seen massive increase due to space X, another company trying make commercial space airliners - Golden ticket opportunity...

FMTradingTeam

- Strong resistance line met at 1.36241 - Daily trendline met - RSI 70 met at overbought - Resistance line marries up with 618 fib - Could see bull power through until 786 @ 1.36678 then bears overpower but with daily trendline and fib met with RSI marrying eachother entry now could be more liable - TPs set at strong support

FMTradingTeam

- Previously bought from the right shoulder and taken to the resistance line - retraced from resistance then back to retest and rejected - above moving average price - TPs set at strong support lines - fully retarced on fib addding to a strong resistance - weekly down trend met

FMTradingTeam

- Strong resistance line zone between 1.13586 & 1.13317 - Overbought RSI - rejection of resistance zone - 3 TPs set at each strong support zones - price reached 786 fib which marries past resistance and current making it a strong position HIGH IMPACT NEWS ON BOTH EUR & USD

FMTradingTeam

Previously analysed entered trade at the key resistance area which is indicated again, we entered the trade last time coming to first tp where we met with heavy support and retraced which then knocked us out at entry point SL. Re Entry fast approaching looking like another potential set up is coming. - Coming up to major resistance line - Will be close to...

FMTradingTeam

- Resistance line just above the 618 fib - Price alert active at the resistance line, wait out for rejection then enter into a potentially huge sell - Price currently at moving average - Bulls currently remain dominant up until resistance line - Resistance line will match up with 70.00 on RSI going into overbought SL - 42.2pips Overall Target - 233.5pips R/R -...

FMTradingTeam

Previously analysed posted in our premium group, EURGBP came to a strong support zone with price alert activated we then entered at confirmation of pivot point. RSI when into oversold at support Price below moving average entered to positions TP1 being at the 382 FIB which was hit TP2 Being just below full retracement, SL changed to entry point as a few key...

FMTradingTeam

Posted in our channel to sell when price alert activated on the third contact of the support line. TP1 HIT TP2 HIT trendlines coming true SL TO ENTRY POINT ON ALL OTHER POSITIONS.

FMTradingTeam

price alert activated at major resistance as previously analysed, straight enter the trade. Immediate retracement from reistance. TP1 HIT TP2 approaching SL to entry another risk free trade

FMTradingTeam

previously analysed and waited confirmation for the pivot point paid off TP1 hit TP2 fast approaching SL to entry risk free

FMTradingTeam

- Resistance zone found at 0.65190 & 0.65352 then further at 0.65812. - 3 points of contact found at support level between 0.63839 & 0.63964. Indicating price could make the third contact at resistance then drop to further support - Above price on moving average - Retracement back to the daily trendline then we will be met with heavy support - Green lines being...

FMTradingTeam

- Weekly trendline broken, possibility for retracement up to the 1.82066 until we see further bearish prices. - Expect to fall to the 1.79183 zone then rise. - Resistance lines at 1.80127, 1.81271 & 1.82066 - Strong support line at 1.79597 matching the 618 fib - previous support lines turning into resistance lines as the ovals indicate making an ideal place for...

FMTradingTeam

Taking a look at the daily chart, we can clearly see a huge resistance area which it has failed to break 5 times. If we zoom out to to the weekly, we can see it to be in a steady bearish trend which it has come to a resistance line. Coming close to the over bought on the RSI is another indicator we have reached a pivot point which the price is struggling to...

FMTradingTeam

4H bearish trendline starting from the 10th June 2020. 2 points of contact on trandline with rejections. Rejection candle wick just touching the 618 fib. Come to strong resistance line which we have seen the price fall below many times before back in May, April and October last year. Brexit talks threatening the GBP. But with Covid-19 threatening Americas way...