Risk management is very important especially when moving off a single confirmation
Price is headed for a retest before creating or pushing any big moves
Price is in a head and shoulder pattern towards a support level where ill be looking for long positions
Price has broken trend and is now retesting This is not a signal but a perspective from my view point of the markets.
Price seems bearish for the moment,I'm waiting for a retest towards the 1723 support area
The descending triangle indicates to me that price is heading towards 1456.606, which is area probably filled with buy stops making the area a place of liquidity in my eyes.
I've been anticipating this upside down head and shoulders move for the past month or so. price is in a descending triangle pattern on the weekly time frame and for price needs a small bullsih push to create a third touch so that price can gain enough momentum to take a bearish break.
This is not a signal but my point of view. Reasoning for this buy is because price broke a minor resistance level in the 4hr TF just to use that resistance as support. Risk management is advised.
This is not a signal but a view of the market from my perspective. Risk management, entries, and price action will lead you to be profitable here. Make sure you're all good mentally as traders, God bless.
How has your time with gold been this month? mine was super bipolar as I've gained a lot but then I lost some so now I'm only focused on entries. I'm still growing as a trader, so I do accept that I make a lot of mistakes/ Now this is not a signal, this is just my point of view of the markets. If you have tips, My brain has room for that and a lot of...
I'm neutral when it comes to a bias on which direction price is headed towards, but allI need is to wait for price to give more information then wait for any retest. And i don't know who needs to hear this but focus! and stay blessed.
Descending triangle in a bearish trend gives confirmation as price heads towards 1600 zone/area.
This is not a signal, it's just my perspective. Price is bearish, earlier today, price took a volatile bearish push towards a previous support and now piece came up to use recent previous support as resistance. Use probability when trading to always win.
Price has been moving in a channel respecting daily trend lines. This is not a signal, its just my idea.
I'm going to be paying attention towards fundamentals this week as NFP will be hitting!!! The only profits made have been through support and resistance lately.
This is not a signal, just my point of view of the markets. This is being published for educational purposes.
If you see a bearish break, wait for the retest Apply risk management!!!!!!!! And don't forget its watch your fundamentals because its a Friday ,and its good to check fundamentals. Enter in a lower TF depending on your acc size, but its always good to scale in no matter the acc size
This is a not a common pair i deal with.