Ive been holding a long on USDCHF for awhile in this zone, here is what im looking at, pretty clear pattern,. coupled with Fed saying it will raise rates 2 more times this year, raising inflation, the dollar will see more strength. I think its an easy trade with clear parameters, I know I do not post too often but I hope those that follow see the benefit of these...
As per usual posting a longer term chart so take that into account. I think a pattern here in what should be an eventual break to the upside, id like to see .700 and higher in the future. but will settle at .700 for now. Please have some type of confirmation on the break out, whether a retest up top or a overthrow to the bottom. As always, leave lots of space for...
Im loving the monthly candle on the GBPNZD, don't be intimated by the monthly time frame it will be worth the pips. Ill be satisfied with any thing within my rectangle. Because this is a monthly please remember we have lots of swing room. Regard your stops.
This trade is just my style a nice clear long term pattern coming off the top of resistance, a more conservative trader waits until a retest of the underside of the wedge before shorting to minimize exposure and risk.
Ive been shorting gold ever since the highs, i just refuse to take any serious longs with gold until the 1875-1880 area is touched. At this point we could have a move back up to S/R before what im thinking with the news coming soon, it could be the catalyst for the move, if it is not, i will just keep chipping away at it. I could see price moving higher on a news...
I like gold short to about 1877 area, maybe a bit lower, that candle is real nice on the monthly, the resistance is also strong.
I like this chaotic double inverse here. Both short right shoulders, one tilted the right direction. Then a flag off the breakout. I think BTC gets to around the 33500 34000 area eventually from these patterns. This is weekly chart trade please take that into account.
I have a hard time thinking we are not gonna bounce around in this zone for a while, now, being at the bottom of said zone, I'm long for a couple hundred. I like the daily candle forming today, even if it doesn't pay out its showing support already. Think it is a no brainer and we have some clear lines for stop losses below the action.
Hard to miss this weekly candle and SD zone on the eurcad weekly and monthly charts, will be interested in the open on this pair and most likely enter short
I typically do much longer time frame trades but i saw this and thought it was pretty defined and worth the Risk on the very clear inverse HnS, watch for the neckline break and retest if you are conservative to jump in
I dont usually post short-term charts or trades but I really can pass this easy pattern up, long for 1990.
The more I watch gold the more I am interested in the long-term prospect of a long call. I can't help but to drown out all the noise and look at this obvious flagging situation we have taking place on a monthly. Yes, it's gold it wiggles a lot, and yes this is the monthly chart a move like this can take years. But I like these types of trades and in the scheme of...
Im currently neutral but looking for a short around the blue line AKA SD level. I will average if needed, but I plan on a move down a hundred or two pips around here.
A lot like what im looking at on the EJ, nice weekly candle, price came up and retested previous price action, looks like a really good trade to me.
Im seeing the same thing on GBPJPY as well, a nice weekly candle, i like it paired with the previous weekly candle as well my first target will be the bottom of the previous days candle around 142.25 , you can short now, or if you want to be safe you can put a pending sell on any action that breaks south of the previous dailies candle.
Uj on the hourly is running a very obvious flat and the chance for a move higher is a lot higher than a chance for a move lower. Ill play the chances. A break above the line im line for 50-100 pips
Golds playing out on pretty simplistic yet profitable moves lately. Helps to zoom out and ignore the noise. Nice break on the wedge, had an overthrow on the bottom side to confirm a bullish breakout. Already up some pips will try to catch a move to 1870 and re assess positions
Once again i rarely trade crypto but never turn down something i deem to look obvious. Here on the daily it looks to be a possible wedge, whether an extension or end doesnt matter at this point, what we do know is that price need to continue and fill out the rest of this pattern and we can trade in between the lines.