Hello traders, I think we have a good short setup for gu here. Moving averages are beginning to cross and you should be able to hit 30-50 pips on this scalp. Let me know what you think in the comments.
I'm basing this trade mostly off speculation that the dollar will regain its strength here within the next week, It also seems that stochastic is getting ready for its crossover on the chart. You can wait for the EMA's to cross for a better win chance, This will be a trade you want to scale as profit comes. We all know how the gu pullbacks are. Let me know what...
As we all have seen with everything going on in the U.S., the dollar has weakened dramatically. I expects it to recover over the next few weeks, the SL is set right above the resistance zone on the daily chart. I expect a move up some more, but a major fall should happen after that. For me this is more of a technical trade, let me know what you think! Safe trading...
We need to break this resistance zone first but after that the bull move should continue, let me know what you think
It looks to me as price is stalling out and consolidating on the daily time frame, I'm short here. Let me know what you think in the comments.
I expect a move up so should wait for confirmation for entry
I expect a fall from this area, Dollar should finish the week strong. Solid Swing setup
Should wait until pullback starts to end for best entry, as long as 1.4052 rejections hold trade should be valid. Should wait for confirmation for best entry.
Pullback should be over, scalp opportunity for 30-40 pips or swing trade
I believe gbps will be weak for London, this is also a long term swing or a scalp set up. Let me know what you think in the comments.
We are seeing some pullback, can wait for entry for better R/R if you'd like. If you have any comments or suggestions I would love to hear them in the comments, Safe trading everyone.
Solid R/R with great upside possibility