Morning traders Our strategy originally presented a sell on the pair in question at 6am UK time. However as the market shifted a valid buy trade is now live and trending in correct direction. We are working the H1 time frame here to a RR ratio of 1:2.5 I know from the built in strategy tester this pair was profitable all last year trading with a ATR based...
AUDJPY H1 - LONG Strong bullish move, now consolidating, forming a bullish wedge pattern. Look for a breakout of the wedge pattern, ideally forming a higher swing high before taking a LONG position upon the pullback to previous structure. Aim for 1.272 extension of the bullish impulse leg.
EURAUD H4 - SHORT Breakdown off a major ascending trendline and now retesting the breakdown zone. We could potentially look for SELLING opportunities on the lower time frame to catch a move towards 1.55700 support area (Immediate swing low).
Double bottom followed by a bullish breakout of the neckline structure, came back to retest for a LONG entry towards previous high. Price are consolidating in a big triangle, which has an impulse bullish move to start off with.
as I told you last week ... "GBPCHF respected our analysis from November 25 (see Tradingview) but closed above the Fib 0.5 level which would mean that it could make a correction to the area where we have Fib 618 and then go down again to the area of 1.17600 then to 1.16200 "... ...GBPCHF will have a strong rejection of 80-100 pips after which it will continue...
A very simple Forecast on GBPUSD, price is in a continuation pattern.
President Trump is due to hold the first Presidential debate, which may trigger some volatility across global markets. EURUSD reached a 4hr resistance (60min chart is displayed). The trading signal strategy is to wait for the 30min close (which is in shortly at the time of this writing). The 30min close may trigger some EURUSD weakness towards 1.7113. Should the...
Early Morning Forex Technical Analysis The purpose of this video is to prepare for both bullish and bearish likely scenarios. RISK DISCLAIMER Information and opinions contained with this video are for educational purposes only and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all...
Update of Previous Analysis 01 . Overall picture - Up trending on Monthly TF 02. GBPNZD is moving in an Uptrend by forming higher highs, higher lows in the weekly time frame chart. 03. double bottom confirmation on daily TF 04. Trendline Breakout on 4 HTF
similar structure to the post i link below . have a check . if gbpchf breaks 1.18800 level the in becomes and invalid trade. but i am looking for long setup now. but we need price to break market structure before confirmation to upside
Hello traders, here is the analysis from our team : We feel; These area's. Will give best results for scalp buys, Or Sells. #1 Sell @ 106.080 #2 Buy@ 106.325 * Futures sometimes run in one direction during Day. * So. If no Momentum, Or pullback in these area's for 7/27/2020. Void trade. We like 130 pip Sl/Target. Take profit 5 to 130 pips, Move STOP LOSS UP WHEN...
FX:EURUSD EURUSD reached a fairly firm resistance on the 30min chart as seen in the chart. The resistance has been tested on 4 different occasions and prevented EURUSD from climbing higher. The potential target is 1.1415.
Price took my limit orders and dropped.
Descending Triangle. Wait for confirmation before looking for an entry.
✨ We provide charts every day ✨ Like and Follow to help us grow family! 🎉 --- Ladies and Gentleman, let's get ready to Forex! Today we are looking at EURUSD levels to see how we can make money trading money. --- 1. Fractal Trend is showing an uptrend (Green background color) for EURUSD on the 15 minute chart. 2. With this setup, we want to take long...
GBPCAD has broken the daily trend to downside as per thick black line Price is at the top of the 4H trendline awaiting price to retrace before jumping into a buy @ 1.73300 TP in blue
This is my projection on UJ so please take it with a grain of salt it may not go exactly as chartered. On the weekly chart UJ has broken bottom trendline for the uptrend therefore will go bearish overall but in immediate short term may head up to retest previous high @ 112 before heading down long term