Dear Steamians.
Today, I like to share with you 3 new trade setups. But let me update the Hotlist items in the first place. If you wish to see more details about the updates as well as new trade setups, you can watch today's video and you can visit the published idea pages by clicking on the name of the assests.
GBPJPY: Stoploss at breakeven and I'm expecting a correction for more down side.
XAUUSD: Stoploss at breakeven and I'm waiting for a correction to take off my trade.
XPDUSD: Stoploss at breakeven and I won't touch anything yet.
UOIL : Stoploss at breakeven and a correction is in the making. I hope my trade will survive.
SPX500: Stoploss at Breakeven and a correction is in the making. I'm looking a new setups to take more short trades.
GBPAUD: Short order at 0.886 retracement (1.79480)
USDCAD: Waiting for correction after breakout.
If you like to see the analysis of Hotlist items besides the updates, video links are:
02.26.2018: GBPJPY, GBPAUD
02.27.2018: XAUUSD, SPX500
02.28.2018: USOIL, XPDUSD
I'm expecting up move and it an be C of corrective structure (running or expanding flat) or up impulse. Based on this possibilities I setted different targets:
TP1 : 0.79200 (for running flat)
TP2 : 0.80500 (for expanding flat)
TP3 : 0.84500 (up impulse)
I have an entry order above previous top with stoploss below previous bottom.
I'm looking of the completion of the 5th wave. Then we will see some down movements, which can be weekly down impulse or weekly correction. In any case I will sell after breaking of green trendline without any specific target. To set a target, I need to see which structure will be the case.
After daily reversal structure, a correction is in the making. I put an entry order below last bottom. For the sake of better entry, I hope it will go up and breake previous top first.
I appreciate that, if you leave a comment and let me know what do you think about these trades. Also, please don't forget to upvote if you liked this post and follow me for new ones on weekdays.
Until next time, trade with care.
Don't invest money than you can afford to lose. Trading carries a high degree of risk. Everything here is my personal opinion, should not be considered as trade calls.
