Sell at point 5. Target is when price hits projection line.
Option 1 ABCD: Sell at 61.8 retracement at H4 resistance area and Target D. Option 2 WXYZ: Sell at break out of X and target Z. Happy Trading!
EURUSD gained 150 pips last week and we are expecting the price to head higher. A bullish engulfing candle has formed on the weekly chart which suggests the presence of the bull trying to hang around and possibly pushing the price back up to the 1.14000 psychological level to test the weekly resistance zone. All the best and trade safe!
For all the fib fans, enjoy this study. Happy trading!
BTC is getting ready for another move back up to the 24k area. The cup and handle pattern is one of the oldest chart patterns you will find in technical analysis. In my experience, it's also one of the more reliable chart patterns, as it takes quite some time for the formation to setup. Some of us may not be rocket scientists; however, everyone I know has used a...
One can see a massive recovery in EURNZD after losing more than 500 pips last month. This month EURNZD is just behind Gold in performance gaining nearly 450 pips since the start of the month. That is a nice reversal move there. Entry: Wait for price to break above Daily Resistance and hitting -27 Fib Level. Then enter at pullback for a safe entry. Stoploss is...
GBPNZD strongest gain today in the Asain session, and now honeymoon is over, expect an explosive move down before the market close today. Trade safe guys!
Selling at T3 with a tight stoploss.
Enter option 1 or 2. Trade Safe guys!
Sell cadjp once support is broken and a pull back is offered. Stoploss at a candle above the previous bullish candle. Trade safe guys!