Hello fellow traders. Today i present to you my EU short idea.As we can see, The pair is in a rather uptrend but this is within a big downtrend. The USD retail news came in support of the USD but the traders seemed to have longs in mind , as for now i will wait for a bounce at the fvg zone and if price does successfully close below the red 4x line then I will...
a channel has been formed in the downward movement and resistance is the next stop before price goes for the support
Greetings fellow earthlings, If our price manages to break the trendline, we definitely know it will hurtle towards the green rectangle which is down there. As for now, we wait and hope the move will take place during the Asian session. Practise proper risk management Goodbye earthlings
I have been following this pair for a couple days. With the current movements we might see the price turning back at the green zone but it might not go down for long
Price has reached the point which we wanted it to reach but at the moment, bullish momentum seems to be in the market. if price manages to break the tiny trendline,we expect it to go for the red line where it will obviously bounce and go up before Thursday happy trading earthlings.
Last week, GBPCAD broke a very serious trendline but it dint retest it quite well. Now that we have come out of the ASIAN session,we can see the pair hurtling to the downside probably to the support in green where it coincides with the crucial fib levels. I have put my limits there . Practice proper risk management. Till we meet again earthlings
Just an hour ago,AUDUSD closed above the long term descending trendline after a slow moving compression now we wait to see the move next week and we will react. If it buys then we are going to have to wait for a pullback then we buy.IF things go south then we re-analyse and look for entry opportunities.. Happy trading earthlings.
EurJpy broke an internal trendline as has retested it. Now a second minor trendline was formed. If the minor trendline is broken then Its all shorts till wherever it goes..Happy trading NB:Do your own analysis and apply good risk management
The pair has retested a recent day low after breaking it and in conjunction to that it is also retesting a very strong trendline therefore..a sell at this price now is very nice. To the ones who want to reduce their losses, you can wait for a breakout in that minor trendline then sell to you desired price level. Be careful of liquidity hunts too Cheers earthlings
Fellow earthlings. Its been quite long. As we can see from our charts, NZDUSD completed a correction for further downward movement. The lower trendline has already been weakened hence we might see more bearish pressure forcing it down. Personally i am waiting for a break on that black trendline then i sell all the way down.. When price closes below 0.63035 then...
the pair has broken the major trendline and it retested back to my orderblock. Now there is a very familiar chart pattern that is taking place. We are now waiting to sell once that pattern has been broken . Happy trading earthlings.
I am debating on whether this pair will give me sugar or not. According to my fundamental analysis combined with my technical analysis, i am expecting that move to take place. Happy trading
Hello earthlings, we meet again. If price closes above the current line which is the previous day high, we shall have a buy to the current resistance which is the descending trendline, Please know that once a trendline has been tested 3 times or more it becomes very fragile meaning prices might break out at the next move.Price also retraced from a very important...
Earthlings, i think this is just self explanatory.
Hello earthlings once again. Today i come to you with this juicy trade setup. If price decides to break that trendline then it will definitely have to retest the head and shoulders neckline. Once that has been done. Then off to out tp zone. My tp is quite near as i open my trades with big lots but it can stretch all the way down provided the is bearish movements...
Hello fellow earthlings , i come back with the USDCAD chart. PDH(PREV DAY HIGH),TH(TODAYS HIGH). when price reaches the strong support down there were the 78.6 % level is, i will start looking forward to buys.
Hello earthlings, In that chart i have the reversal pattern but which is in the opposite direction(inverted). Further more to that we also have a bearish divergent on the rsi .Risky entry is now and then a safe entry is to wait for a break on the lower trendline and we see how it goes
in the coming future , this pair seems to be an interesting pair which will break the lower trendline and go down to where it belongs