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Waitforconfirm

GBPJPY - SELLHello everyone! Since GBPJPY is downtrend on H1, I decided to focus on the opportunity to sell from the marked zone, I would wait for a while until the price consolidates near the zone, then for some confirmation of a lower TF and entry into the short! Note ------------------------------------------------------------------------------------------------------------------------------- I personally prefer setting up multiple TPs , here's an explanation: 1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns 2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE 3) 5-10 :1 means bonus money with rest of trade volume 25% In this way, I ensure that my equity curve grows consistently without significant dips. Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
Short
by TraderDominik
1
TLM BROKEOUT : READY TO PUMPHello !! In my last update I shared the entry and exit points of TLMUSDT. It was trading in the range of .0746 to .0786 for a long time. These were basically the immediate support and resistance respectively. As of now, TLMUSDT broke the resistance of .0786, pumped around 10 %, and touched .0837 is currently trading around .0803. I would suggest everyone wait for the right moment to enter this trade and let it cool down and wait for the entry at the resistance turned support at .0786. The desired entry level should be .0781 to .0791. The possible targets will be as below: .0839 .0884 .0918+ This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits. Please like and share and comment on this idea if you liked it.
Long
by ScramblerG
GBPUSD - Support, Trendline & 50MA --> HIGHER HIGHS!Hi Traders! The market is in an uptrend. It moved up slowly until the Resistance at 1.29900. Then it made a Retracement-Move. After that, the market shooted up with high Momentum. Now the market makes another Retracement Move. It seems like it'll retest the break of Resistance. The Support AND the Trendline AND the 50MA are giving support to the market. We recommend to buy the market after a confiramtion! Thanks and good luck :)!
Long
by swissmoneymakers
CADJPY CAN SELL THE CORRECTION BUT BIGGER TRADE IS UPSIDEHERE WE HAVE CADJPY ALOT OF DIVERENCE AND LOOKS TO BE RUNNING OUT OF STEAM, SELL SETUP... IN THE 1HOUR TIMEFRAME WE SHOULD SEE A 3 TO 5 WAVE CORRECTION GIVING US A 4HOUR CORRECTIVE PATTERN THESE CAN BE RISKY TO TRADE AS THEY TAKE THERE TIME TO MOVE ANYWHERE.. BUY SETUP... WAIT FOR A 4HR CORRECTION TO FORM THEN THE BREAK OF THIS WILL GIVE US A BUY SETUP YOU MUST WAIT FOR A SETUP JUMPING INTO TRADES JUST CAUSES PAIN AND MONEY LOSSES trading is 1% analysis 45% risk management 54% psychology
by essextrader
WTI - Possible Downtrend reversalToday, oil spiked higher on the news of the possible OPEC and allies production cuts in 2019. Alongside with all the technicals outlined below, it would be reasonable to open a longer-term buy trade. Daily: 1. Extreme oversold RSI reading 2. Bounce of an important support zone just under 60$ level 3. Break of the downtrend line on the RSI 4. Early buy signal on STCH + extreme oversold 4 Hour: 1. Break of the downtrend from 28th October 2. A buy signal on Slow Stochastic indicator 3. Attempt to break the 20d EMA The trigger of this long trade should be the 4h candle close above the downtrend line +the 20day EMA. SL below the recently established low and TP1 at the 78.6% FIB (4h) & 38.2% FIB (daily). Support my analysis by giving LIKES and FOLLOWS. It helps the channel grow and motivates me to post free content.
TVC:USOILLong
by CAS_Trading
1
EurGbp: Cypher bearish: Wait for the D leg.Hello Guys. Here we looking for a cypher pattern to short. We just got a litlle consolidation, and a break out. nice litlle pullback, into the Doble top Adam&Adam. We broke Down Again, and make the B leg, on the cypher. ( LH) After that, we got a nice break Down Again, and got a LL, what make the ( Fibonacci extension C leg). Now we will wait for the D leg to complete. If you look where the D leg, come in to, you will see it right into the Support zone, And will be the "resistance" now. It, can also make decline the cypher, and broke under the C before there D. Remember to look at the RSI, and some chart patterns.
by McbmMM