covenantson

covenantson

A closer look at Ej over the past few days shows show accumulation or re-accumulation going on. On this day, 7th April, major pairs of EURXXX were strongly bullish except this pair which I was hoping to get into. Is the accumulation ready for spring action (upper trade idea) or a dive lower into the April lows (lower trade idea) be the springboard? The market...

covenantson

Two weeks back, I pointed out a break from a downward trend on this pair H4. WIth the economuy of Europe gradually unfolding some realities, are the bull riders on this pair ready to go higher. Over trend downward Recent break and retest of the H4 resistance now acting as a strong support.

covenantson

This pair just printed a bearish divergence on 30min chart using rsi. Let hope fundamentals and technicalities favour the bias.

covenantson

In the recent 15min chart of GBPJPY, i see a bearish divergence that might give sellers opportunities to catch about 70-100pips. over trend remain bullish However, there is a sellside short term opportunity Trade safe NB: not a financial advise but an education

covenantson

The pair seems ready to go higher. BOS retest at 15min Bullish bias

covenantson

In the coming week, I hope to see bullish price action on this pair as we see a consolidation/accumulation for a breakout to the upside (most probable from my end). Trade Safe Note: Trade as a result of your own decision for this write up is just an education

covenantson

Recently, i began to sight the appearance of divergence trading opportunities on chart. Although i didnt spot them early enough, hence, i missed my entries, but a quick review of their possibilities and complementary roles in taking trades cannot be underestimated. Here is CADJPY 4H trade i shared few days back with divergence opportunity in my weekend reviews....

covenantson

Divergence is used mostly in complementary roles to trade opportunities. A bullish divergence occurs when prices fall to a new low while an oscillator fails to reach a new low. This situation demonstrates that bears are losing power, and that bulls are ready to control the market again—often a bullish divergence marks the end of a downtrend (investopedia,...

covenantson

In recent time, i see myself once again trading altcoins This one just resumed it uptrend structure after a recent BOS of the downtrend. If it continues into profit, hope to achieve a 7% growth

covenantson

A recent BOS of the downtrend gave an opportunity for a continuation of the uptrend. Let's see this fly to the moon

covenantson

IF you follow my last trade idea on USDCAD, you can see clearly that this pair is trying to break the resistance of this downtrend. A break and retest of this line on H4 can open opportunities for retail buyers. Note: this is not financial advice, all trade ideas shared for my personal education. Trade safe

covenantson

GOing SOftly

covenantson Updated 

Not a financial advice Just a man putting something out of his emptiness. Trade Safe

covenantson

Another opportunity

covenantson

Is UsdCad about to break the trendline and move upward or go downward more

covenantson Updated 

Hoping to have a nice ride from here. Not financial advice though. Trade safe

covenantson

Let see this break the black line

covenantson

22pips run, hoping to get another nice entry into this