Risk-off or Risk-on!?! Exited last week shorts, CHF still on sideways for 42 days now, could it last or will break soon!? .. hmmm Will look for a nice short at 0.9717 or 0.9682, or else NO. Happy trading guys and gals
TA : Price on sideways for 45days now, narrowing the tip S&D zone : - Price at Supply zone + MM3 & WM3 pivots + 1.100 level - 1.0885 level to watch carefully for a bounce-back, bulls will enter here. RR= 3:1 Eurozone GDP could shrink as much as 12% in 2020, 15% in Q2 itself.
1st shot already at break-even and to add some here
Risk-off or Risk-On TA - Trend continuation - Demand zone S&D Zone - ZD 4h@ 14.63-14.50 & 14.00-13.91 - SZ 4h @ 17.16-17.43 RR= +3:1
TA - Rising wedge - Reversal candles S&D Zones - DZ 64.00 / 63.88 - SZ 65.33 / 65.45 & 66.00 / 66.34
Who will be hurt by this bomb? Name the company...!
Although not really on my bias to sell, so this is a conservative entry. - Falling wedge - Flag on breakout Support - @ 0.6206 - 06200 - @ 0.5987 RR=3:1
FX:AUDUSD Will the price respect the zone? A good opportunity with nice RR
I am looking for a buy opportunity on Gold, but which level? hmmmm... Plan 1) The flag breaks, buy at retracement to supply zone. 2) Flag fails, buy on demand zone with a nice RR ratio. Let us be patient and see
Trade opportunity on USDJPY, bilateral triangle setup. Don't rush and be careful of the fake breakout, the big-B are hunting.
Risk-on - Price channel - Supply zone @ 0.6225 - 06300 - Demand zone @ 0.5600 - 05450 (WM3 to watch), if the price reaches this level, then double bottom my form and potential for a buy.
NFP week As the Brexit deal is still disappointing, we may see a continuation of 1h price channel to downside. A) I will watch closely to form a LH @ 1.2368 or 1.2417, to get better RR. B) at the break of demand zone 1.2362 and retracement.
Hi Guys, I had been watching this pattern to complete, so I just want to share with you this high opportunity - 4h & 1h Symmetrical Triangle in a bear market. S&D zone to watch closely - Supply zone @ 0.6800 - Demand zone @ 0.6842 & 0.6700 Risk:Reward= 1:4 Happy trading
Wait for retracement...
Week 23, 3-7 June 2019 FA Stats: - Theresa May’s decision to step down had provided more uncertainty around the investors/traders, concerns over the next PM’s stance on Brexit. - Coming up this week: on 3 June: Manufacturing PMI 53.1 vs 52.5 - on 4 June: Service PMI 50.4 vs 5.60 - USD NFP Week. TA Tactics: - Daily, Hammer candle (engulfing on demand zone). -...
Week 23, 3-7 June 2019 FA Stats: - EUR currency is facing ahead of this week the main refinancing rate 0.00% vs. 0.00% on Thu 6 June, the day of Monetary Policy Statement. - USD NFP week. TA Tactics: - Daily price channel with 7 touches (if the double bottom completes its formation then the particle decline will form, touch 8 is a breakout) + Strong (Marubozu)...
Good swing trade opportunity with 3:1 RR - Price channel breakout (after main 5thouchs) - 4h reversal candle - Head & Shoulders on 15min & 1hour chart - RR : 3:1 - Supporting indicator RSI is down. - The main event yesterday was FOMC & Fed interest rate announcement (remained @ 2.50). Patience and discipline is good - Lockup profit at 111.07ch, take it at...