just now ! am mentally dead right now so here is a sell, place 50-100 lots easy 400% account growth, have fun. If it hits sl idk lmfao
Price has broken off the falling wedge pattern and has formed a bull flag pattern. Keeping in mind, there is a chance for it to hit the double top and retrace back again before going higher. If it does so, it will form a Flat flat pattern which still keeps our bias same of going LONG
The trade is 260 pips in our favor and price broke recent structure. so we might begin a downtrend or a consolidation period now.
The trade from yesterday is running at 150 pips in our favor and looks like it's going to reverse now and it was just a retracement in an overall uptrend
We can see a big spike to the upside taking out retail stop losses, which means the banks are ready to push down prices. The entry zone is marked and we wait for price to retest into that zone and take our entry.
Price Action: Sharp Rejection from the Upper Resistance Line, in a confirmed downtrend. Indicators: MACD about to crossover for a bearish Signal. Stochastic indicating an over brought Position as its above the 70 line. Price under the 200 EMA and a sharp rejection wick seen on the 4 hour time frame.
tight stop require, trail half profit after the target hit!
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.1885). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPCHF is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
ENJOY THE RIDE TILL 1.16750.....Daily could not break the trend and soon we are bearish.....
Midterm forecast: While the price is below the resistance 1.2200, resumption of downtrend is expected. We make sure when the support at 1.1670 breaks. If the resistance at 1.2200 is broken, the short-term forecast -resumption of downtrend- will be invalid. Technical analysis: A peak is formed in daily chart at 1.2115 on 05/05/2020, so more losses minimum to...
1HR TREND BROKE LOOKING FOR PRICE TO GO BEARISH TILL 4H SUPPORT AND PSYCHOLOGICAL KEY LEVEL 1.19000 STOPS AROUND SWING HIGH 1.20300....... ALL THE BEST AND TRADE SAFE!!
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.209). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPCHF is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.2128). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPCHF is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...