PANIC AND FEAR WAS INDUCED INTO THE MARKET ON THE BEGINING OF MAY WHEN BITCOIN RETRACED FROM 60K TO 30K. LOTS OF PEOPLE SOLD THEIR COINS WHEN PRICE STARTED TO DECLINE SIMPLY BECAUSE THEY ARE PUSSIES. 30K LEVEL HOLDING PRICE MAGNIFICENTLY GOOD AND WE MIGHT BE ON FOR ANOTHER LEG AS SOON AS HUGE FUNDS START BUYING AND HOLDING BITCOINS AGAIN. #besafe
GA FEELING STRONG AF AND THE RALLY HAS STARTED. 1.899 FIRST TARGET 1.976 SECOND TARGET
Clear downtrend. Nice levels. Nice Target. Lets see...
Weekly level once again acting vital for gold. Price bounced from weekly and I am expecting to see further upside potential. Anticipating a small retracement to the liquidity area and then rocketing to 1910 next magnetization area. #tradesafe #tfd #theforexdaddy
Usd/Cad has been on a huge downtrend since a while now. We are approaching a key market area around 1.322. This level will be REALLY IMPORTANT for loonie and I do believe that we are going to retrace from there and land on new low area's. Quite interesting to monitor this pair. #tradesafe #theforexdaddy #tfd
Price broke 1.787 level and made new low at the weekly key level at 1.75 . After this price has been on a rally to the upside creating new prominent highs at 1.853 . Price retraced back lower breaking the trendline with a huge shooting star telling us that the bears are in control of the market. Weekly closure has formed a bearish engulfing . Also the ...
EUR/JPY is currently forming a point C at fib 61.8 which has been tested twice now and I am expecting this pair to fall down to 122.5 to pick up orders and fulfill liquidity which correlates also with the psychological 122.5 level
This pair is showing serious sell signs and I think its now the time to jump any positions on this. Looking to reach my first target within this week and my next one, the next week. We got multiple strong confluences on this pair on multiple timeframes. Lets see how this one goes. #tradesafe #theforexdaddy
Gold as explained took out higher lows and followed the stream. Price is currently sitting on an important weekly key level at 1862.9 We are seeing some wicks rejecting that level with a tweezer bottom formation and will be expecting price to retrace before making the next potential leg.
Gold looks pretty undecited at the moment and each direction can be expected.Price has been forming HIGHER LOWS and LOWER HIGHS. Personally I am expecting a huge move on gold on the next couple weeks in the direction which market will take out either previous HL or LH. Trendline will come a handy tool to see price direction clearly. My personall bias on this pair...
EUR/USD Swing trade idea! After a long rally to the upside, finally this pair is showing some reversal signs on daily TF. Looking for a head and shoulder to form on this pair and entering on the right shoulder with fibonacci and daily res confluences. Looking for price action to play out on 4h and 1h timeframes. If you are a more conservative trader you can wait...
Looking for these technicals to play out on Guppy on a larger view. Following the trend always #tradesafe #managerisk #theforexdaddy
Cable lately broke a pretty significant trendline and weekly support. I am looking for price to come to my liquidity are and pickup some orders before we could see a trend continuation. Targeting next weekly key level to be met at 1.28135. Always remember: Trade with the trend and higher Timeframes #tradesafe #theforexdaddy
Price broke the descending trendline, bounced from daily support of 1.30437, broke daily resistance at 1.31520 and is going back to retest it, forming a nice head and shoulders patterns. My eyes are on 1.33154 weekly support to be tapped. #tradesafe #managerisk #theforexdaddy
Potentiall swing trade setup on EUR/USD. Price will break thru the daily area and trendline and will be heading to 1.14950. My entry trigger will be on the retest of 1.17800 daily level. Would prefer to see some price action too. #tradesafe #theforexdaddy
Broken trendline & broken support, this pair will absolutely melt. Looking for a last tap on my small luqidity area before moving any lower. This setup is aligned quite nicely. Watch out for PRICE ACTION! #tradesafe