Swing trade Higher Time frame analysis Target of $17 Sl -12%
great area for potential sells. lets see what happens
Fundamentals say up, technicals say overdue for pull, when it will come hard to say!
Taking sell on strong Support Resistance level. Anticipating trendline break.
DAILY CANDLES SHOWING MAJOR GBP STRENGTH TP 1-30 PIPS TP1 - 50 PIPS TP3 - 85 PIPS
mutliple trendline confirmations, overall trend bearish
POUND BEEN VERY BULLISH, HIGH RISK SELL, BUT 3RD TOUCH ON TRENDLINE SHOULD GET ME 30 PIPS min. ALSO HAVE 200 EMA ON 4H ACTING AS RESISTANCE HERE volume trailing lower at end of day. Ideally looking to get into a long position on GBP pairs.
Can gold push higher? Gold on higher TF'S appears very bullish. Getting entries without huge draw down is my goal. Had pending set at $1417.21 My $1450 target was already reached in previous trade. Could see a retest of this level. Potentially hit $1460 area More Political turmoil or negative news would fundamentally push this move up Risking 1% of Capital RR -...
GREAT Risk to REWARD. Trendline and key level confirmation. Bearish W formation. Lets see how this trade plays out. risking 1% capital! Overall USDCAD is looking bearish. The trend is your friend!
Headed for third touch of trendline after clear double top and rejection