Yesterday GBPCAD SELL OPP hit my tp. Now i'm taking the reversal. bag them pips.
There is an Elliot Wave pattern which may cause it to go bullish. Keeping an eye on my confirmations so dont blindly take this trade. Have your own understanding and confirmations to make a confident trade.
Comment your thoughts, discussion will improve our trading.
Will be posting more trades this week. Been gone a while :)
Looking like a simple set up. Remember to keep pushing SL to breakeven and profit to secure the trades! LEGGAO! Follow my insta: @bimalmj for sneakpeaks and trade opps.
A head and shoulder formed but there is a double bottom formation hinting a reverse in trend. Will go down to hit TP but if it falls further it's possible to tank 200-300pips more
Looks like bitcoin may spike again over the next few weeks. If the yellow zone is broken, I will ride on a pullback for a buy on the D1 chart for it to hit 20k. Will update on this.
Strong green candle may indicate market not stopping from pushing up so I am looking for a wick to form on D or H4 Chart for a stronger confirmation. So far looking like a sell but will wait for wick to form. Should be good to go on end of the day Monday. FOLLOW MY INSTA: @bimalmj for sneak peeks of trade set ups . Will help you to learn how to improve...
Following a clear trend. TP1 @ Yellow zone, push SL to profits but let the trade run. If it breaks zone we're in for a ride. OR If it doesn't break zone, jump on a quick buy
Low pip risk. if it breaks zone then we're looking at a sell at the top which will be fantastic!
What do you guys think? Leave comments. I see a double bottom and the previous low that formed the long wick. Looks like a trend reversal. If so, it will be an excellent trade to hold, MAD PIPS! LET ME KNOW WHAT YA'LL THINK
Waiting for candle to react withing the blue space. If it narrows down to create a wick on the 4 hour chart it will be a good time to jump in as that is the confirmation I will use to jump on the trade. If so, TP1 is primary exit as it has been rejected previously in that zone but I suggest to push SL to profits/breakeven as if it breaks the resistance point, it...
Wait for a re-entry, following elliot wave. Blue zone is buy entry point. TP is end of green. LETS GO!
Short opportunity window. Low pip risk trade. Looks like a good resting zone and a long wick to confirm :)
Simple set up, quick 50 pips. Looking good on my confirmations :)