Price has been rejected from 200 MA and from supply zone, stochastic is overbought and bearish hammer formed. PT1: 1.49000 PT2: 1.47950 SL: 1.51200 Good luck! Follow for more!
price has found resistance at the 200 MA and is also very close from the yellow trendline. Stochastic is also ridiculously overbought. tp1:50 pips tp2:80 pips Good luck to everyone! Follow for more!
AUDCAD has formed a rising wedge and if it stays in range we have a great short opportunity @0.96400 with a 150 pips target. Good luck traders!
TARGET: 1.50 AND BEYOND Congratulations for those who bought with me at 0.59!!!
Congratulations for everyone who traded my post yesterday! After breaking out of the bullish pennant,price seems to be trying to come down and retest the .65 level. I am still very bullish on xrp! Happy trading!
-Price has reached the strong monthly resistance formed from 2008 -On the 1W timeframe, a rising wedge has been formed -Stochastic made a bearish cross and is turning to head down TARGET: 118.5-119 Good luck!
-Price broke out of a bullish pennant and retested resistance that turned into support and the 50 MA -Huge C&H formed on the weekly timeframe PT1: 1.14860(short term) PT2: 1.17000(mid term) PT3: 1.20000(mid term) Enjoy!
On the 4H timeframe price bounced off support and 50 MA and will test resistance at 0.65 soon. On the bigger picture, there is a gigantic Cup and handle with resistance at around 0.8, which is also a psychological resistance. The C&H pattern has a breakout target of 1.50 and beyond, ready to set new highs by the end of 2021. Patience is the key for this one!
I am long on GBPCAD for the following reasons: -C&H formed -On the 1H timeframe price held extremelly well support on the 50 MA, and is ready to test supply zone again -Bullish MACD cross ENTRY: above resistance of the C&H pattern SL set tight, as any moves under 1.744000 would invalidate the plan. Once it breaks out of the Cup and handle, there are 3 price...
Nvidia has reached the symmetrical triangle resistance. If yields keep on jumping, we will probably see another drop to the 510 zone next week.
A falling wedge has been formed and on the 4H timeframe the 20 and 50 MA crossed down. I am looking for short term bearish to 59. Let's see how it plays out.
GBPCHF showed weakness signs in the last hours of trading. My idea is to go short to the first big support.
GPBUSD is approaching an important level at 1.38470. I am looking for a short at that price with high reward potential and tight stop loss, as shown on the chart.
Price is near support, SL just below demand zone. PT: 1.82650.
Waiting for it to enter the supply zone. ENTRY: 0.8537 TARGET: 0.85 SL: 0.85500
Price has been rejected from support. Watch for the close of the 2H candlestick. Good luck and happy trading!
My first post here :). A huge structure has been forming since early 2000. When it will fully breakout, it will probably be a huge movement.