Forex Technical Analysis 24S18
The strategy is simple: I am selling/buying bounces from trendlines (not all trendlines some are there to determine a position for a take-profit).
#USDWTI
#EURCAD
Red trendline looks sellitelně but not nice because of those false breakouts.
#GBPCAD
I have already placed a sell-limit for the red trendline.
#GBPHKD
I buy-limited the red trendline. Looks really nice. I think GBP oversold because of this 👇 'U' shaped chart.
#GBPJPY
#GBPUSD
Looks similar to GBPHKD but not so nice.
#GBPZAR
I want to sell stop. But ZAR usually too volatile.
#USDJPY
I like this because of this pink trendline from log. scale:
#USDRUB
I think USDRUB too high but too volatile too.
#USDZAR
I already placed a sell-limit
#XAGUSD
I am going to buy a ton of silver when it approaches the bottom trendline.
Calendar
Thu:
Conclusion
So many trades on GBP can I get some help with choosing the right one in the comment section below?
Risk disclosure: Not a trading advice.
Sources: tradingview.com, systematic thinking
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