Trading-Mind

Trading-Mind Jun 1, 2020

EURJPY traded in an ASCENDING CHANNEL throughout last week. The bulls are still very strong hence there is no reason to want to sell. Since we go with the flow, we will be hunting for buy opportunities around the support levels denoted by 'S'. If price does break through our channel either to the up or downside, we will do a reset to our analysis and re-analysis.

Trading-Mind May 31, 2020

Rising wedge broken

Trading-Mind May 31, 2020

It appears the the fast move up may have been a FALSE BREAKOUT as price retraced back below the broken resistance into the consolidation zone. Price is still within a RISING WEDGE and around a strong resistance zone. There is a very high probability of price breaking below the wedge but to be objective, we keep an open mind by looking at the two likely...

Trading-Mind May 30, 2020

Bitcoin is in an Ascending triangle and showing signs of bullishness. We wait for to see if the resistance zone is broken and we go long.

Trading-Mind May 30, 2020

Bitcoin is currently in a strong resistance zone. Recall that all through the Month of May price has ranged between $8200 and $10,000. Price has formed a double top on H4. The neckline of the M pattern marked by the blue line is area to watch. Keep your risk managed.

Trading-Mind May 28, 2020

The Sudden Pre-london session pullback seemed to have been trap moves. Now, an M pattern seeming to be printing. We calculate our risk and take the trade.

Trading-Mind May 28, 2020

ALL four ideas have been invalidated, i got out at break even. we don't fight the market. we flow with it.

Trading-Mind May 28, 2020

USDCAD has had a nice consolidation after a very strong bearish move. This consolidation printed an Inverted Heads & Shoulders reversal pattern which may be the end of the bearish move. Remember to keep your risk managed and to always take some profit as price move in your favor. Happy Trading!

Trading-Mind May 28, 2020

EURJPY had an over 100% retracement back above the previous day's high. Now it has set up for a buy with a RSI bearish divergence on the hourly chart. Always keep your risk managed.

Trading-Mind May 28, 2020

GBPUSD had a 50% pullback of yesterday's price drop. The daily candle yesterday closed as a bearish harami. There is a high probability that the sell today would continue. Keep your risk managed.

Trading-Mind May 28, 2020

Price had a strong retracement from yesterday's move into previous support zone now turned resistance. A bearish confirmation candle has been printed as out trigger to go short. Remember to always book some profits at price moves in your favour.

Trading-Mind May 27, 2020

A W pattern sighted with an hourly bullish divergence. we will be more confident to take the buy if today's daily candle closes bullish.

Trading-Mind May 27, 2020

EURJPY bulls seems to be exhausted in the last parabolic move up, possibly a stop hunt past previous key resistance zone. With RSI bearish divergence on the hourly. We are confident to go short with a Risk:Reward ratio of 1:3.

Trading-Mind May 27, 2020

A trend continuation trade after an exact 61.8% fibonacci retracement of the previous day's move.

Trading-Mind May 26, 2020

Price consolidated for over 30 hours within a 30pips zone. That zone has been broken and retested. Hence, we are confident to go long for a 60 to 80 pips move.

Trading-Mind May 26, 2020

Price consolidated for over 30 hours within a 30pips zone. That zone has been broken and retested. Hence, we are confident to go long for a 60 to 80 pips move.