Wait for price to pull back to support before entering longs. Lower support area is good for entering longs too. First position can be taken at 0.83200 and second at 0.82240 SL under major lows TP at 0.86000 This is not a investment advice only idea. I am retailtrader without any education in economics. I trade my own money only. As always make your own analysis first.
Aud are showing weakness and I anticipate further drop down to 0.53500 area from here. I'm already in this trade from 19th of March Entry: current price SL: 0.56500 TP: 0.53500
Wait for price to come down to 1.09400 before entering longs. Here at this price it is a strong support level. Why to buy and not sell this pair? When prices are gaining momentum in one direction it often leads to strong reversals. And price always wants to come back to moving average and this pair makes together with Eur/Gbp makes revelsars more often then other...
Eur/Gbp had a big push up and now I expect pullback back to support before price will push back up again. Looking on weekly chart prices are in clear uptrend. So for longterm trading wait for pullback. For shortterm trading taking shorts with SL above last high is good place to put a trade today. TP 0.83360 SL 0.84500
Gold is in range between 2.8700 and 2.9540 since one month ago. I expect gold to go higher from here. In the beginning of March price has been rejected from 2.840 level and since then it has been holding ground. SL at 2.8600. TP at 2.9550 and 3.000
Incoming pullback on Usd/Cad Cad is weak and there are no signs that it will turn in near future. I'm looking to go long on this pair and aim for highs at 1.47880 Wait for price to come closer to support around 1.3400 before going long.
Gbp/Cad is trading currently at significant resistance level. Many traders are expecting price to drop from here and sentiment is on downside. But looking at current priceaction and fundamentals connected to canadian dollar. I personaly expect prices to go higher from here. First target are highs from May 2018. Looking on monthly and weekly timeframes we can...
Nice rejection from resistance last friday and price has reached SMA20 on daily chart too before closing. This means that price could do a pullback and give us a better entry for shorting. For entry look for pullback up to 0.57200 SL above recent highs TP down at 0.56000
Potential long on Nzd/Cad Price has been ranging for last days after strong buyers came in last week What makes this trade good in my opinion. Price went down and grabed liquidity today, it's indication for upside in this case. And last wick provides a good place for stoploss. R/R is also good. 1:3 if your target as mine is at last high 0.84200
On longer timeframe I am looking for shorts on Eur/Jpy but in nearest time I expect some kind of pullback up to MA20 and possibly up to trendline seen on dailychart. For entry look for confirmation in priceaction. It may take couple of days into next week to see what price wants to do. 154.500 is a good place to enter. If price falls straight through support than...
Look for longs at latest support around 149.000 ST Under lows. Primary TP at falling trendline. Secondary TP at last highs If price decides to continue lower look for retest at 149.00 and further drop towards 140.00
When it seamed Eur/Nzd will go up to retest resistance, atleast, price broke down sharply on friday. Price is corrective and it can happen that support will hold again. But looking on daily chart we can see that there are signs that sellers are stronger than buyers. Wait for pullback and look closely how buyers are reacting at support. If they are agressive, wait...
Looking to short Usd/Cad from resistance and take it back to 1.3900 area Entry at 1.45000 SL 1.46080 TP 1.39400
Price filled sunday's gap and from there we got a strong impulse down. Price also stuggled to go up from support at 0.83000. Bulls were weak or there was low interest in buying. This tells me that price may go down lower and at least take out week's lows. For entry wait for some pullback or open a small position and add to it later. This because friday ended with...
As we know USD has been strong for all autumn and winter. Now with Trump in the office and uncertainty in markets we can expect big moves in both directions. In current moment when writing USD is testing diagonal trendline and it looks like it can break at any moment soon. Watch and wait for price to show what it wants to do. If it holds line and goes up wait...
Strong impulse on last sunday took out current lows and from there price moved up strongly. This for me indicates that price will continue higher. Wait for price to correct it self and come down to support at 0.62100. TP 0.63500 SL
This idea may play out. Read inbeded text for actiontaking. There is a big resistance above weekly wiks, however both GBP and CAD has been weak since september and there are big news coming out on GBP tomorrow on 5th february. Be cautious and follow priceaction closely.
Currently I'm holding 672 DOT coins long term with average price of 6.9$. I plan to add more at 3.6$. Why? Dot like majority of cryptos has been dumped on last sunday and we saw a big pumps up on monday, but potential for more downfalls are expected in my opinion. Also this is how markets move. Primary push up will often be taken out to liquidise long positions...