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Broken resistance level USD/CAD

USD/CAD price at daily chart has already broke the resistance level at 1.38100, 3/2 candle close below this level! the price was in uptrend from 16/10/2015, on 18/01 a week reversal signal appeared. From then bears have take control and drive the market,after resistance break bears seem to have the strength to drive the price much lower. The price in smaller time frames is oversold so that i expect some bears reactions.if take position a reasonable SP limit is 1.3850 and TP 13500!
قراءة القصة كاملة
الترجمة الى الانجليزية اظهار الاصلي
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Resistance level and spinning top pattern on USD/CHF

After 01/02 22:00 candle at 1H chart the market moving sideways, after a little up movement the price hit the 1.02300 resistance and formed a spinning top pattern that seems to be strong because the candles have broke the bollinger upper band strongly
it's a good short trade,ofcource i have to consider that the the movement in higher time frames is upward so i set a small TP order in 1.01800 witch is 26 pips from opening price 1.02060,and SL order is set to 1.02200.
قراءة القصة كاملة
الترجمة الى الانجليزية اظهار الاصلي
أولترك تعليق
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Missed out signal

i missed a cell signal on NZD/USD 01/02 22:00,hope be more carefull!!
قراءة القصة كاملة
الترجمة الى الانجليزية اظهار الاصلي
أولترك تعليق