The GBP/USD pair has been experiencing a corrective rally following recent dollar strength, but as it approaches the significant resistance level at 1.3398, there are strong signs of bearish exhaustion. The price action suggests a potential reversal setup as sellers begin to regain control, offering an excellent shorting opportunity with clear risk...
This is my idea on the market currently , had a losing trade this morning, then hope in on a 1:3 RR trade that went smooth, and as we are confirming the downtrend continuation we can trend the correction and then go into the continuation from the last FVG on 5min. I am not taking these trades marked but I want to check if the strategy is working outside of the...
as the price moves higher, a retracement and confirmation of a HT correction 1:3 RR as you can see, trade is activated.
after news trading, second entry of the day still having the long decision after news wicked me out, let's see how its going to work this time.
I am going on a risky trade on XAUUSD , LONG position after a pullback as always Risk Type is 1%
Going long on this one XAUUSD ACTION BUY ENTRY 2302.3
Let's get it done, before the news, I may get my SL moved to BE once reaching 20/30pips.
"Today, I'm bullish on XAUUSD (Gold/US Dollar) and here's a potential trade idea: Entry: Consider entering a long position on XAUUSD at the current market price (2033.50). #XAUUSD 📈 BUY 2133.50 💰TP1 2135.50 💰TP2 2138.50 💰TP3 2143.50 🚫SL 2128 Risk Management: Adjust position size to align with your risk tolerance and account balance. Monitor price action...
Entry Strategy: Consider entering a long position on XAUUSD at the current market price or on a pullback to a key support level. Set a stop-loss order below the recent swing low to manage risk effectively. Take Profit: Target potential resistance levels or use a trailing stop to capture profits as the uptrend progresses. Risk Management: Adjust position size to...
"Looking for a quick trading opportunity with a 1:1 risk-reward ratio on Gold? Here's a setup to consider: Rationale: Gold has been displaying bullish momentum recently, with prices forming higher highs and higher lows on the charts. Technical indicators suggest potential for further upside, with key moving averages providing support. Market sentiment towards...
"Today, I'm bullish on the US30 index, also known as the Dow Jones Industrial Average. Here's why: Positive Economic Data: Recent economic indicators suggest strength in the US economy, including robust GDP growth, improving employment figures, and strong consumer sentiment. These factors could provide support for US30. Technical Analysis: The US30 index has...
I am currently on this trade, got my position separated on two points as you can see, major support, let's see what would happen.
Bullish idea for AUDUSD, can we tap back into the zone or the market did flew already into a new higher high !
Price is holding well above EMA lines on Daily , as we see the cross between EMA34/50 seems such a good spot for a confirmation of bullish market. ...
Price is holding well above EMA lines on Daily , as we see the cross between EMA34/50 seems such a good spot for a confirmation of bullish market. ...
Doge up tend is going good. keeping an eye on it to reach the target 0.3
We're currently holding the EMA50 and it seems that the move down has ended for now. Areas of interest : - 42000$ support zone which is also our range high. - 46000$ - 48000$ are the next targets in case EMA50 holds and we start grinding up.
Since the major move that we saw a couple of days ago, XRP has been trading inside a triangle up-pattern . As show it will breakup for a long bullish trend. Happy trading!