Nasdaq price has broken the Bullish Channel Support and Retested it and Dropped. The gave us a possible new Downtrend Channel. I am waiting for a retest to the resistance of the new Bearish Channel and then I am selling until the last Support Area and then I am looking for a Buy Opportunity.
Go Short on EURNZD!!! RSI Divergence Confirms Sell on H1. Remember your Stop Loss, Don Not Bargain by moving your stop loss when the price goes against you. Losing is part of the game. Always be patient!!!
Go Long!!! RSI Confirms Long on H1. (RSI Divergence Principle). Remember your Stop Loss and Be Patient!!! Swing Baby!!! Swing!!! All the way up!!!! :)
Time to go Short, Wait for good rejection Signal and Enter!!! Enjoy!
Congratulations to those who earned these beautiful pips!!!! Remember a Trailing Stop Loss keeps you in the Game!
Downtrend - Sideways Market - Bearish Breakout ( Confirming Continuation of Trend) - Retest and then Resistance Level is Touched (Previous Support of Sideways Market)- Next Move is Down to 131.00
It looks like GBPJPY might fail to breakthrough the Channel Resistance and then move more downwards to reach Jan 2019 Lowest Shadow price. Don't forget your Stop Loss-Trade the Chart and Not Your P/L-Trust In The Process and Be Patient!!
It is not over for the bears yet. If you are in a long position, you're probably enjoying the pips of the day, but there might be some bear traps along the way if you hold too long so don't forget that trailing stop loss.
Previous Support Broken becoming New Resistance.
Gold just bounced off Bullish Trendline Support, This could be a great time to order a buy stop a few pips above today's Daily Candle with TP1@ 1446.00 and TP2@ 1452.00 and Stop Loss a few pips below Today's Daily Candle. Enjoy those pips!!!!
GBPJPY heading for January 2019 Low. Bears Still in Control. I believe the minor retest has ended and the pair is diving towards 131.889. Remember your Stop Loss!! Remember to Trade the Chart and not your P/L. Trust in the Process and Be PATIENT!!!!!
EURNZD has reached a Major Support Area marked by the Yellow Rectangle, we can expect a retest at this level until Thursday and then a price drop when ECB Interest Rate Decision is released. A Short Stop Order would be a good idea on Thursday a few minutes before news release. Remember to put that stop loss and be patient!!!
CADCHF (Daily Chart), going short towards major Support around 0.73562, breakthrough and then we can consider going long. Enjoy those Pips. Remember PATIENCE is Key!!!!!
GBPNZD, Price broke through previous Support, now approaching next Support Area and then the Bulls will take the Wheel. Enjoy the profit!!!!!