We've seen a clear bearish momentum happening last week. Now price has pulled back and is forming a bullish flag in lower timeframes. I will be ready to short this at the zone of 1.435 more or less. Currently short Aussie NZD Have a great week all. Time to kill the markets.
Price sitting in the trend line at the moment, I'm gonna keep an eye on it to see what happens.
Perfect break and retest of CHFJPY. Plus 4 timeframes up are bull
EurUsd struggling to break 1.0815 making a triple top. Much indecision in the EURO zone with the French elections. An ending diagonal has been formed and what is most likely to happen is a break of the 1.0825 level to break all the stops, and then a massive drop of the institutional traders with the money in the market at the best price. Sell limit at 1.0825 is a...
I was having an incredible sushi here in Johannesburg tonight, when I got to the hotel and saw my set up already gone. Normally I would just forget about it and find another trade, but I am short on this. I don't care if it has already gone. I am on this trade. Decent 1.8 RR. Have a good week all.
We have now seen a running flat which normally leads to another impulse. We can clearly see that there has only been 2 impulses and that 1 is missing. Anyway, I will not be taking this trade as there are massive impact news that will cause massive volatility.
Strenght in the usd this couple past days. Probably due to the fact that it is so obvious that the Fed will make the rate hikes. We will be careful this week, nevertheless, this trade looks really good. let's see if a good buy set up comes up, and if it does, BANG IT.
Non Farm Payrolls were better than expected today 8th of March. Next week Fed is most likely to do a hike rate. Which will be good to control inflation in the US, and dollar will gain strengh. Now he have clearly broken the trendline are are expecting the C of the correction of the first bullish impulse. rejection of the 38-50 or 61 will give me a valid entry to...
Great opportunity after FED RATE HIKES priced in last week. Major retracement on usd this week.
As we can seen in the Dollar Index, and usd pairs like USDCAD, the imminent fed rate hikes have been priced in. This means, traders have taken out profits on Friday the 3rd, and we will have a bear week for the dollar. This means, a further move to the upside is expected on the Pound. Everyone trade safe. I'll be taking a 0.5% risk on this, to possibly make a...
GOLD has recently been bullish non stop. and It has rejected the 1263 level I predicted. In order for me to sell confident, I would like to see a clear break and retest of the 1240 level, and confluence of the trendline retest. If that doesn't happen, I won't be risking my capital.
All looking perfect. Awaiting a flag formation to sell this perfect pattern.
Perfect rjection on weekly Daily deceleration 4h big whick. 1h chart broken trendline. Break and retest with twizer bottom at the 50 moving average. LONG 1% risk
Massive MACD divergence on H4. Decent triple top on H1-H4. Daily rejection of key level. FIRST TRADE PLACED ON MY NEW TRADING ACCOUNT. 2% RISK. LETS GO
Didn't short this because The daily momentum was too strong. But if the daily candle closes as low as now, arround 0.72. I will be looking to short on Monday 27th of Feb. USD has been gaining a lot of strenght and NZD will be getting really week soon. TRADE SAFE AND HAVE A GOOD WEEKEND.
We have seen two dojis in a row in the 1.37 weekly support, and a break and retest of the trendlines on lower timeframes such as H1and H4. Also price above moving averages and 20ema has crossed over the 50ema on H1.
Awaiting for a clear break, flag, and retest of the 50 EMA to sell the break out.
Looking a great point to short the market after the daily bearish engulfing. First target 84.85 Second target 84.35