Price broke below the 50MA but it is still above the 200MA which gives us the understanding that it remains in an uptrend. We can see a bullish flag formation and notice also that price failed to break below the 38.20% zone for the second time. This could mean the end of the pullback but I would like to see a little more confirmation prior entering a long...
Two possible scenarios on EU this week. Sort of a bearish pennant formation as you can see that would mean a continuation of the short trend. Price remains below the 50MA in the 1D timeframe but currently in a pullback in the 4H. Like the idea if you agree and leave a comment if you have a different view, feedback is always appreciated. Hope you find this helpful.
Like the idea if you agree and leave a comment if you have a different view, feedback is always appreciated. Hope you find this helpful.
Like the idea if you agree and leave a comment if you have a different view, feedback is always appreciated. Hope you find this helpful.
Long time no see. Held EU for almost 3 months resulting in 700+ pips as of yesterday. Possible course of EU for the next 6 months, focusing more on long term goals vs day trading. Like the idea if you agree and leave a comment if you have a different view, feedback is always appreciated. Hope you find this helpful.
Like the idea if you agree and leave a comment if you have a different view, feedback is always appreciated. Hope you find this helpful.
Like the idea if you agree and leave a comment if you have a different view, feedback is always appreciated. Hope you find this helpful.
Like the idea if you agree and leave a comment if you have a different view, feedback is always appreciated. Hope you find this helpful.
Like the idea if you agree and leave a comment if you have a different view, feedback is always appreciated. Hope you find this helpful.
Long term point of view on USDCHF. Like the idea if you agree and leave a comment if you have a different view, feedback is always appreciated. Hope you find this helpful.
Haven't posted in a while, I've been testing a different trading strategy which you'll be noticing in the ideas that I'll be sharing moving forward. Price is in a clear uptrend, currently in an area of value as price touches the 200MA. Oversold on Stochastic and with several rejection wicks could mean the end of the price's pullback. Like the idea if you...
USDCAD in a downtrend with a huge bullish momentum that brought the price up to an area of value on the 200MA. Overbought on Stochastic calls for the end of the pullback so bears could bring price down as early as Sunday. If price breaks above the 1.2870 zone(previous LH), analysis will be invalid. Like the idea if you agree and leave a comment if you have a...
NU in an uptrend with price in an area of value on the 200MA. Oversold on Stochastic that could mark the end of that bearish momentum. However, in the 1D timeframe price remains above the area of value on the 50MA so I wouldn't be surprised if price dips a little further down before pushing back up. Like the idea if you agree and leave a comment if you have a...
GU on an uptrend as it maintains price above the 200MA. Oversold on Stochastic which means the end of the pullback and with price getting closer to the area of value on the 200MA we can start looking for long entries. Like the idea if you agree and leave a comment if you have a different view, feedback is always appreciated. Hope you find this helpful.
Clear uptrend with price above the 200MA. Overbought on Stochastic so this calls for a pullback. Possible entry areas market with a TP calculated based on the 2. level of the Trend-Based Fib Extension. Like the idea if you agree and leave a comment if you have a different view, feedback is always appreciated. Hope you find this helpful.
Two possible scenarios on EU depending on how DXY price decides to play out. DXY bearish rally seems to be getting close to an end, and along with that would be EU bullish rally. Like the idea if you agree and leave a comment if you have a different view, feedback is always appreciated. Hope you find this helpful.
Like the idea if you agree and leave a comment if you have a different view. Hope you find this helpful.
Like the idea if you agree and leave a comment if you have a different view. Hope you find this helpful.