As our previous chart, we had anticipated this level for a sell zone. -TRADEPLICITY
We anticipate short term weakness....maybe 100-200 pips before going back to the sidelines and watching. -TRADEPLICITY
We have been long Sprint since it was a mess...These are the zones we look for to add to our position. This is not a day trade but months and maybe years trade. Buy and Hold. -TRADEPLICITY
can we see a EUR rally from here? -TRADEPLICITY
We are long GBP from 1.2500/1.2535 range....Is BREXIT the start of a longer term GBP rally? -TRADEPLICITY
Possible flag forming... If so, we will be buying on the dips near lows of the flag for 1.1000/1.11000 price target. We will monitor our stop loss around the 0.618 Fib for about a 1:4 risk reward trade. -TRADEPLICITY Set it and forget it, Use no more than 2:1 leverage (1:1 in most cases) and you will be profitable.
We have had a long sideway consolidation. Our bias is still Short on this pair. We see two ways that can play out for a short play here. Manage your trade and use little to no leverage if you want to sleep well at nights. -TRADEPLICITY
If the Handle is being made, then we anticipate a break out of the handle and the Target is the depth of the Cup which coincides with the trend line. -Tradeplicity
Let the chart do the talking. -TRADEPLICITY
More weakness to come with rally in oil and possible USD possible short term top in place. -TRADEPLICITY
We had anticipated a Cup and Handle formation in the making. Price has come back in the handle zone and testing 200ema and trend line. We will be buying in this area. -TRADEPLICITY
price is back at breakout level. We either get a bounce from here or we move back into the channel. -TRADEPLICITY
If you didn't get in on our last call. This consolidation is setting up to get ready for another leg up. -TRADEPLICITY
Buying opportunity at the break. -TRADEPLICITY
We have been waiting for a short trade out of this triangle but the rally in gold might have made it harder to get that momentum. Can we still drop? Of course, it can do anything. But over the years, I have also learned to implement not only the use of Stop losses but also as important is the use of "TIME STOP". It is never a bad idea to be on the sidelines...
We talked about that E wave in the making. now we are testing the upper channel, we might get a wave up and the the anticipated correction to the downside.
look for consolidation and buy the break. -TRADEPLICITY