It looks like a simple trendline bounce from here which i will open a buy for long term. I always trade trendline bounce and have good win and lose ratio from this strategy alone. At least 60 - 150 pips to be caught with patience.
Price is under the key level now. Previous high was 5-6 month ago. Previous low was 7 years ago. Will price meet the 7 years low?
Price is almost at key level after being in consolidation. Looking for a fakeout down for me to buy a sell candlestick.. Good buy for 40-60 pips
Price is at under key level. Looking for fakeout and candlestick close above for positive buys. Looking for fakeout but still close below for positive sells.
Main reason why i think it will crash. -It is at the highest high of all time. -Price is above all 3 moving average. -Key level need to be tested (Green). i am not giving enough information to make this trade valid. Educational purpose.
Oil has made lots of bounces from certain levels which ive marked with pink circle. It will either play out in those scenerio. I will wait for price confirmation before opening a trade..
Over the weekend, Gold has jumped up and left the gap for market opening day. Price hasnt broken resistance and closed below it. Good sell for 30-60 pips.
I am looking for a short if the price doesnt break the resistance zone and forms double top.
Main reason why I am buying. -Price has approached to important level that i like to call Critical Level. (Critical Level is where price has broken and retested or bounced off the certain level) which is the strongest level on the chart. -Price has tested 200 ema (orange) couple of time going along with black trendline as i feel they correlates in different...
Reason why im looking to buy. -Gold has broken all 3 EMA's and trendline. -Key level where price has retested many times. educational purpose.
Bs lol. We live in information age where we can get any information from internet for free of cost. So why are we buying courses and learning from different sources of training materials when everything are based on same framework with differnet title name? I can see on this chart that there are many Traps with M & W formations only occurs before breakouts which...
The price has broken critical zone many time with retests on that exact level which has formed a pattern that look like unfinished H&S formation which was why i opened a sell from the top of right shoulder expecting it to go down but now I am waiting to see if high impact news will help to complete its true head and shoulder which will push price downwards...
Im using monthly timeframe and I've spotted a double bottom formation with resistance and support has the unfinished W shaped which could be a good buy from this position.
EURUSD is playing around in descending channel, either bull break out to go 1.10600. On the negative side, If it doesn’t break out, Bear will take over and plummet to 1.109630 where support line is. There’s EUR news from low to high impact today which will likely to effect the market.
At the opening of the market, gold has gapped due to a reaction to the troops that trump sent out after market close and carried on with the uptrend which has formed into channel, rejecting the resistance zone that isn’t on my chart. Looking to open a sell around the top of channel.
I inserted Fib from highest high to lowest low as you can see on chart. You can see price has REACTED off 618 which considering to be powerful number. Price action has reacted off 61.8 17 times in over 8 years period until it has broken through 61.8 which is support and drifted lower and lower. Now, current price action has almost reached 618 which las saw 61.8...
USDCAD is trading in triangle now, touched top trendline twice before dropping down to bottom trendline which also has bounced upward. Perfect entry would be marked on the chart with black sniper scope which has already been used except for green one which is valid waiting for current price action to either breakout of the trendline for me to open a buy to go...
NZDUSD has reached support zone from previous low, looking to open a buy position on next candlestick.