H4 bullish PB with trend, retracement and reaction on weekly level( pink line) + rounded number 79. My target is 80.37
GOLD XAUUSD bet you the bottom between 1070 & 1090
we are on the supply zone before the sell of, will the market sell it again or resume the bull trend?
Trading plan : Trade with the trend : EMA 20 Daily and H8 uptrend Trade on key level :key level on 0.7265 Trade with valid signal : market rejected levels below,key level forming a bullish pin bar
Trading plan : Trade with the trend : EMA 20 Daily and H8 downtrend Trade on key level :key level on 0.7350 Trade with valid signal : market rejected levels above and created a large wick
Hello, Trading plan : Trade with the trend : EMA 20 Daily and H8 uptrend Trade on key level :major resistance on 1.5470 Trade with valid signal : buying retracement after breaking the key level
Hello,this is not folowing my plan as this is countertrend but I wanted to give a try as we have a trendline and a horizontal key level as resistance with a rejection confirmed with a Pin Bar Entry : 1.5464 Stop : 1.5487 Risk : 1 % as usual
Trading plan : Trade with the trend : EMA 20 Daily and H8 down trend Trade on key level :major resistance on 1.6750 Trade with valid signal : market rejected the 1.6750
Trading plan : Trade with the trend : EMA 20 Daily and H4 down trend Trade on key level :major resistance on 1.57 Trade with valid signal : market rejected the 1.57 on H8 chart
the pair is just at the cross of a major resistance ( red line ) and the resistance on the former trendline ( black line). I am usually a trend follower but this one looks nice considering the high R:R
The theory says that strong trend are non volatile and that reversal happens in volatile environment such as now. For more info about it google accumulation, trend, distribution. I suggest to look for entries against the strongest currencies such as JPY, NZD, and XAU ( yes i call it a currency and I sign ! )
long EURGBP on retracement of breakout level
hello, EMA Weekly 7 down, cross EMA 7-15 on H4 & H8 bearish, entry on trendline