Medium Probability Trade But Lets See What The Market Has In Store For Us By Monday My Setup Still Says Its Going Up [, But More Confirmations Are Needed Tip For Beginners: Remember We Follow The Market And We Dont Lead The Market Remember Good Risk Management
This is an easy 300 pips move with a good risk to reward ratio of 1:8 apply proper risk management, enjoy the week ahead follow to view more beautiful and mind-blowing setups
This is my view of the market Let’s see how it plays out
Impulsive moves coming into the market soon Please follow and like Thanks
Short term bearish to 42k, from there, we will most likely see a bouce up that breaks the 45k resistance This is a retest on the daily levels
BTC short term Sell We just got to the top of the large 4hour moving channel, and we expect a little retracement back to the bottom of the channel. Also the 45,000$ to 45,700$ is a strong supply/ resistance zone. So we expect a sell so as to collect my orders and potentially break the zone. Meanwhile the daily still looks extremely bullish Next week, we...
On the 1H TF, We are currently approaching a sensitive zone of high probability reversal While the direction from the daily and weekly continues to show a bearish direction. The higher TF always is our primary direction, this is going to be a nice swing trade. More update on USD/CHF coming up soonest. Please is this was helpful, don’t forget to follow my page...
EUR/GBP LOOKS LIKE GOING FOR A SWEET LONG SWING TRADE. Potential head and shoulder forming, First tp is neckline and overall TP is TP 2 Another confluence is that the Uk100 index has formed a bearish pattern, all this and more are my confluence for a long trade
Sells continue for this index, shorting down to the very end. Enjoy And remember, proper risk management
Gold short sales continue Use proper risk management Enjoy your trades NFA
Gold potential double top pattern formation on the weekly. This was formed from a very strong resistance. Rejection pin-bar as added confluence and a break of trend-line on the daily Personally for me, XAUUSD, is selling both on the daily and weekly and even the 4hrly
This is a beautiful sell setup Swing to the end, and always remember use protective stoploss as this is one of the factors that gives a trader statistical edge in the market. Also a very nice risk to reward ratio
This can be viewed as a continuation flag pattern and also a double top (M) formation market There are pure divergence from the RSI and also a fall out of the ascending channel All this are confluence that the market will continue falling
Sell Gold scalp Potential Double top in formation On the lower time frame divergence has been confirmed
In my own opinion shorting dollar index to the 92.5$ will be the best line of action now, seeing that we tested the upper resistant channel line, now to the supporting trendline