A follow up on my previous trading video looking at a potential rising channel coming into a previous level of structure resistance on the EURUSD. In this follow-up we take a look at what I needed for entry, how I placed targets & alternative methods for you to get involved if you'd like. Please leave any questions, comments or trading ideas below! Akil
A lesson I find myself forgetting many times over is DO NOT ENTER IMMEDIATELY AT BREAKOUT/BREAKDOWN In these markets, it is generally better to wait for a candle close confirmation above zone, followed by a retracement, and then you can enter. Generally it is better to miss a move than lose money regardless. Essentially if you want more of your trades to work, even at breakout or breakdown, wait. While some may argue that you would miss the move, I would counter to say that if a move is incredibly and rapidly directional it is very likely there will be a retracement. Markets prefer a slow and steady rise or decline for stability, if it moves jaggedly it will eventually regress to the mean all the same.
EXY made a cup and handle pattern at the end of downward move which is continuation pattern with a fake break below the pattern level indicating that continuation will not happen bullish tp's depicted on the chart let's see what would happen
XauUsd chart Anylisis 1Hour idea ? Bullish trend ? Use proper money management ?
TBL is at its support with a very limited downside. Buy at CMP=13.8 with a SL =13 and TP =16.50
today, when BTC reached 84K, it once again presented a suitable opportunity for short selling. Keep an eye on the resistance between 85K and 87K. When it reaches this area, you can continue to take a short position. Currently, my account balance has grown from an initial $40,000 to $600,000 in profits. I will share accurate trading signals every day, and you have the option to copy my trading orders. If you're interested in getting these signals, you can click on the link below this article.
? Is the #BTC downtrend over? ?From a structural perspective, the current rally is over. If we want to reverse the daily downtrend, we need to build a bullish structure of the same cycle. That is to say, we can only remain optimistic if we succeed in standing above 84,500. ➡️If we continue to break below the low L: 76,562, the next support area worth our attention is 69,000-72,000 Let's see? ?If you like my analysis, please like? and share? BITGET:BTCUSDT.P
big crash 13/3 20% down the bull market is over....Trump is full of shit just a Jesuit puppet
Google might pullback, consolidate, and then continue its uptrend afterwards...
Targeting BSL and NY AM highs, but we were stopped out after taking the short term buyside.