Trend reversal is possible in GBPJPY. Entering the market from 129.4 with S/L below 127.8 and T/P around 134.26 provides decent R:R and opportunity to ride a possible price reversal in GBPJPY. Position sizing is crucial in this kind of market environment. // Feel free to share your opinion/position via comment and follow me to stay updated.
CAD is under pressure mostly due to oil prices, last week it weakened more than 6% against USD. Let's assume that we are going to see some correction this week and speculate on this move... Entering the market between 1.4390-1.4576 with T/P around 1.3930 provides decent R:R opportunity. // I would very much appreciate if you support my work by hitting...
The price is above 200 MA and can reach previous high above it. EMA indicator also bullish. Entering the market from around 0.0148 price level with S/L below 0.012 and 0.0283 T/P provides decent R:R. // I would very much appreciate if you would support my work by hitting like.) Feel free to share your opinion/position via comment and follow me to stay updated.
Cryptocurrency market also crashed and didn't act as safe-heaven asset-class... ETC lost more than 50% of it's value in March. At the moment it's moving sideways in a triangle, accumulating longs? EMA indicator is bullish. Entering the market from around 5 price level with S/L below 4.5 and T/P above 7 provides decent R:R. // I would very much appreciate if...
Oil prices have dropped more than 50% in March (yearly performance is around-62,1%). Is it the end or are we going to see more downside movement? Let's assume this is another opportunity for joining bears, based on technical analysis (thoughts) you can see on the chart. How much lower can the price go? Can it reach the lows of 1999? My answer is: why not?...
Possible trend reversal in AUDUSD, the price and 9 EMA + 21 EMA indicators are above 50 EMA on 1h chart (which wasn't the case since 10th of March)... Entering the market from 0.58550 price with S/L below 0.56600 and T/P around 0.64660 provides decent R:R opportunity. Keep in mind, that the bias is still bearish, so proper position sizing is crucial. I would...
Possible double-top formation in USDCHF on 1h chart. Entering the market from 0.9527 price with 0.961 S/L and 0.931 T/P provides decent R:R opportunity. The bias is still bearish in USDCHF. // Feel free to share your opinion/position via comment and follow me to stay updated.
The market is still under pressure due to coronavirus and recent drop in oil prices, so risk-off instruments are strengthening. It's better to keep in mind, that the bias in USDJPY is pretty bearish, however entering the market from 104.69 with S/L below 103.64 and T/P around 107.74 provides decent R:R and opportunity to ride a correction move. // Feel free to...
The world is in interest rate cut mode. Yesterday FED cut the interest rate from 1,75% to 1,25%, while RBA from 0,75% to 0,5%. The market should price interest rate cut from Bank of Canada (BoC) as well, which will be announeced today. This might be bullish for USDCAD, so joining from 1.3335 price level with S/L around 1.326 and 1.3523 T/P provides decent...
EOS is currently at 0.5 Fibonacci retracement level and possibly forming a H&S chart pattern... ..on the other hand several times the price rejected the support zone around 3.4 price level and currently it's above 50 EMA on 4H chart (on daily it's still below). It seems reasonable for me to start entering the market from current 3.8 price level with S/L below...
Crazy bull run from INO, which was missed and partially screwed up.. I realized some profit, but well below my target. Entered the market at 4.28 and jumped out at 5.13, while my target was around 8.45.. I should have followed the initial plan, i should't have jumped out, i could realize more.. now i would do this, i would do that, blablabla... It's easy to...
RBA cut the interest rates from 0,75% to 0,50%, which was already priced by the market, so there was no negative reaction from AUD. Buying from the 0.6546-0.6505 price zone with T/P around 0.669 provides decent R:R and opportunity to ride a correction movement. Smaller positions should be taken as the main trend is still bearish. // Feel free to share your...
Cryptocurrency market is breaking out from descendeing trendlines (check my previous posts regarding).. global uncertainty around coronavirus might enhance further positivity. Triangle breakout in XRPUSD (yesterday close on daily timeframe) provides signal for joining bulls with quite wide stop around 0.215 and 0.365 t/p level.. (R:R=3.3) If entering the market...
Due to fear around coronavirus japanese yen as safe-haven currency is strengthening... ...however Japanese economy is technically in recession and USDJPY has been moving north. Entering the market between 110.1-109.23 price zone with 113 T/P level provides decent opportunity for joining bulls. // Feel free to share your opinion/position via comment and follow...
False breakout occurred in GBPUSD below 1.288, so joining bulls between 1.288-1.2915 price zone with 1.3005 T/P provides decent R:R. // Feel free to share your opinion/position via comment and follow me to stay updated.
Japanese yen weakened around 1,5% against USD yesterday and i think it should continue it's trend... ...jumping in now would be fomo, so it's better to wait for better prices (which we might not get). Joining bulls from 110.65-111.05 price zone with 113.00 T/P provides decent R:R. Keep in mind that this idea might be realized in several days and opening long...
Trend reversal might occur in USDCAD.. ..the idea is based on strong price movement and breakdown of the resistance level around 1.326. Joining bears from 1.32615 price with 1.3276 S/L and 1.3202 T/P provides R:R around 4.1 // Feel free to share your opinion/position via comment and follow me to stay updated.)
The future belongs to stocks related to the climate theme.. here is one them: First Solar. It is involved in designing, manufacturing, marketing, and distribution of photovoltaic solar power systems and solar modules. Joining bulls around 52.9 price level with 49.1 S/L and 65.3 T/P level provides decent R:R (3.26). // Feel free to share your opinion/position...