Looking at a big head and shoulders going to be looking for a 200 pip move to the upside from here, check for bullish flags for more entries along the way
Hello, here i am posting a short on usdcad, i intend to hold this position for as long as i can! my aim is the 1.27 zone. Based on support and resistance on the lower timeframes, i dont see any breaking to the upside happening, beware there is news at the end of this week. I am thinking Cad will get strong! TP is based on trend line on the daily(ish). Please let...
Please share your opinion, my thoughts are simple, just a sell from this zone like the previous sell that ran for 120+ pips. Looking for tests for a long ride down eventually. IF it breaks above, the sky is the limit. (Or the next resistance ;) teehee ).
This could be a Buy into a Sell, but be careful on the R:R
The previous buy was stopped out but i reentered and was able to secure profits after seeing a clear rejection of the resistance zone on the chart,I had previously marked it on my mt4 client and it seems it was important afterall. I see a possible bounce off this support zone into a long buy or it could fall through. For now i think we are going to that support.
Just a basic thought, i saw price react off a previous support and so i believe there is a possibility for more upwards movement. Could be very wrong though seeing as it is a large bearish trend on the higher time frames.
I see no reason for USDCAD to reverse into a long trade. I see a possibility of 1.22 from here. Thanks.
Everything i use to analyze is on my chart, and a small bit of fundamentals-IE Check News. Sometimes watch the Bloomberg show(Once a month maybe)
Here is my current thoughts on GU for this upcoming week. It is NFP week just incase.
I currently have a position open at the most recent Long. Please comment below your thoughts.
Hello all, i have a possible trade idea on GU its in a good sell position you could even see on the H1/H4 its forming a larger M and this is or last leg of the M, i will be taking a sell and seeing how it plays out. Goal is 1.37375 For myself. Thanks
Hello all, i am thinking GU has made a M pattern and we are waiting for the second leg to drop. theres already downside confirmation for the 1hr timeframe need 4hr i believe and we are good to go, these are my personal thoughts, chart may be a bit messy looking right now. bare with me
Hello All, ive so far made a few journal posts on GU, this is a new thread now, I believe GU may come back down to test that Ascending Triangle before going farther up, im personally Bullish on GU but keep eyes/mind open for all possibilities.
Here we have a rejection off the 50% retracement, please wait for confirmation before entering another long. I will be waiting as well this is just an idea right now.
Previous longs should have been closed near the 0% mark. :)
GU continues its uptrend, I have been bullish since last week Monday. People actually laughed at me for saying GU buy; :(((
Entered this trade MULTIPLE times to get maximum profits cause my swap charge is really bad. Gl hf.
Re-entered on the break of the trend line.
I expect to see some resistance or change of course around 1.385 then 1.388.
Hey all, this is my thought on the direction of GU right now. The green lines are my TP 1 and TP 2. So i will be taking partials and moving in SL once ive hit those zones. Please leave comments below especially any fundamentals that you think will majorly make a difference
