jacklynch20

jacklynch20

The profit/loss applies to a 0.20 lot size. Price has entered a demand zone. The US indices have gained a lot of strength over vaccine hope - could boost usd

jacklynch20

Analysis provided on the chart

jacklynch20

US relief package and growing usd strength may cause an opportunity to short this pair

jacklynch20

Been looking into institutional order blocks. Could go for the shorter term long position or wait it out and go in for the longer short position

jacklynch20

Analysis provided on the chart

jacklynch20 Updated 

Bearish rising wedge just hit the retest

jacklynch20

Long position for nzdaud trading the range

jacklynch20

One of the last potential big long positions before the bitcoin reverse split next month Would be towards the end of the week/next week would be a good time to enter (trading is 80% waiting!) Also after the rising wedge has played out

jacklynch20

Rising wedge has formed - signifies a bearish fall Fairly steep fall 1:4 RR for this trade

jacklynch20

Support and Resistance marked Entry idea alongside sl, tp1 and tp2 if set ups goes

jacklynch20

A downtrend of LL's and LH's has formed (marked) with a number of s and r lines (marked). The Stochastic oscillator suggests that the market is currently oversold so we can expect a rise to a support level followed by a continuation of the downtrend if the support holds (marked on the graph and indicator). A sell limit below the support line with a sl just above...

jacklynch20

As suggested in the previous analysis, the price is falling from the supply zone and heading towards a small area of resistance. I would personally recommend waiting for a retest of the resistance if broken as highlighted by the arrows before entering any orders. The current extremely volatile market conditions can be easily triggered by any future fundamental...

jacklynch20

Price action entered a rising wedge - bearish reversal pattern - which then led straight to a supply zone which further strengthens the suggestion of a potential bearish movement nearing

jacklynch20 Updated 

Feedback, constructive criticism on analysis and ideas appreciated!

jacklynch20

Price is about to enter a demand zone in which it previously triggers a strong volatile reversal in which a long position could prove very profitable. The fears around the weakening US also suggests a strong long position.