Risk off currencies will see a bullish move soon and this corresponds with a channel high descending channel . Aiming for a 2RR trade
Taking partials is advised in this kind of position. Bitcoin doesn't seem to have enough bullish momentum and the market seems to have a lot of fear and uncertainty hence my bearish stance. Risk accordingly and do not hurt your equity.
Will scale in and lock in profits accordingly. Only threat to this position is huge swings or volatility caused by fundamentals.
We have seen a good upward momentum with bitcoin in the past weeks. I have this setup im looking at to enter a long on bitcoin.
A trade i opened a few days ago. Putting it here for journaling purposes. Should see more upside action for GBPUSD pair over the coming days
lets see if EU bounces of that green zone I have analsed thi pair for a log time and the next action for tomorrow seems interersting .
Took these trades earlier in the morning. Lets see if it hits TP
I see Bitcoin consolidating or rallying up in the near future.
Waiting for gold to break 1800 properly as a confirmation of upward strength towards old resistance 1850
I expect gold to go lower to get liquidity before we see a good pump come in and buyers take over. Fundamentally: USD is getting stronger this week and there is good response from the stock markets regarding hopes of vaccine. Effects of Brexit talks and Stimulus talks should also be considered.
Rejected the bottom support so expecting some upside action.
Seeing steady rejections in a descending channel, I expect EURGBP to dip lower before looking at an opportunity to retest the upside areas again.
Expecting gold to hit TP before we analyse the chart for new opportunities