I am entering a long position on XAUUSD as we're hitting an interesting support zone on the 1h timeframe. Bollinger band are not wide anymore, and the price action is showing that price is trying to go back. If the support zone is broken, we'll immediately leave the idea with a small loss. I also placed a buy limit order on the following price : 2655.31.
I am entering a long on EURUSD as we're hitting a previous support area and the lower bollinger band.
I am shorting GBPJPY as we're hitting a resistance detected on the 30 min chart. Price action and bollinger bands are also showing that price might reverse. Last indication is the cross on the RSI/MA indicator.
We're hitting a resistance on the 30min timeframe. If it's broken, i'll close the trade and enter on the second resistance zone i drew. Bollinger bands on the 30 min timeframe, and RSI/MA cross on the 5 min timeframe (above 70) is telling me that it might be time for a small scalp (short).
I am buying gold as we're hitting a support resistance (drawn following the 1h and 30min timeframes). Price action seems to show that price is reversing, it might go back for the next 30 min candles. I am placing a limit buy order on the second support zone. I have used price action, bollinger bands, and support and resistance for this trade.
Time to buy gold as we're following a bullish trendline, but also, we're hitting an old resistance which was broken before (so it can become a support).
I am entering along position on GBPJPY (after a small correction) for the following reasons : - RSI/MA Cross - previous support - trending bullish channel - the bollinger bands are tight and might respect the trend We might consider a short if the bullish trend if over, i'll share a good entry if it happens.
I am entering along position on GBPJPY for the following reasons : - RSI divergence ! - trending bullish challenge - the bollinger middle band was respected as a bullish channel.
I am shorting GBPUSD as we're hitting a major resistance on the 30 min chart. The RSI indicator is also showing us the price is tending to go down. The stop loss is slightly under the resistance, and the take profit is at the next support.
entering a long position on EURUSD as we're hitting an interesting support on the 30 min chart.
I am entering a short position on GBPJPY as we're hitting a resistance zone on the 4H timeframe.
I am thinking about entering a short position on the GBPUSD pair as we're hitting a resistance zone. This is just a scalp trade, as the trend is generally bullish.
I am thinking about entering a short position on the GBPUSD pair as we're hitting a resistance zone. This is just a scalp trade, as the trend is generally bullish.
I think we're hitting a support zone on GBPJPY on the 4h timeframe. Might be interesting to take a long on it if it hits back the support zone.
I am taking a short on EURUSD as we're hitting a previous resistance on the 4h timeframe.
We're clearly on a downtrend if we look to the 4h timeframe. I am looking for a short scalp before the inflation news. We're hitting a resistance zone on the 1h timeframe.
I am entering a long position on USDJPY as we're hitting a support zone the 4 hour timeframe.
I am taking a short position on GBPJPY as we might be hitting a resistance zone.