Hello Traders, We are looking for a pullback on the EURUSD downtrend. Resistances : 1.13037, 1.13215 Supports : 1.12688 I set a SELL LIMIT ORDER below the resistance 1.13037 set the SL above the next resistance 1.13215. TP is set at the support 1.12688. See the arrows for my graphical projection. Entry : SELL LIMIT 1.13001 SL : 1.13237 TP : 1.12712 ...
Hello Traders, It is easy to spot the downtrend on the EURJPY . Let's see whether we can spot an opportunity to short this pair. Resistances : 124.812, 125.016 Supports : 124.505, 124.202 I set a SELL LIMIT ORDER below the resistance 124.812 set the SL above the next resistance 125.016. TP is set at the support 124.202. See the arrows for my graphical...
Hello Traders, We are seeing harmonic downswings on the GBPCAD and we have just entered a short trade on the recent pullback. Resistances : 1.70991, 1.71472 Supports : 1.70045, 1.69321 I set a SELL LIMIT ORDER below the resistance 1.70991and set the SL above the next resistance 1.71472. TP is set at the support 1.69321. See the arrows for my graphical...
Hello Traders, The EURGBP is trending up and we are now looking for a pullback to enter this trade. Resistances : 0.87912, 0.88394 Supports : 0.87442, 0.87185 I set a BUY LIMIT ORDER below the support 0.87442 and set the SL below the next support 0.87185. TP is set at the resistance 0.88394. See the arrows for my graphical projection. Entry :...
Hello Traders, The AUDNZD showed bearish momentum after the break of a trendline. We are now testing the resistance 1.05052 where we hope to get short. Resistances : 1.05052, 1.05211, 1.05309 Supports : 1.04755, 1.04511 I set a SELL LIMIT ORDER below the resistance 1.05052 and set the SL above the next resistance 1.05211 . TP is set at the ...
Hello Traders, The EURJPY showed very bearish momentum after the break of a rising wedge pattern. After the retest of our resistance 124.902 , there is a good opportunity to enter a short trade . Resistances : 124.902, 125.293 Supports : 124.457, 124.050 We are now testing previous market structure at the resistance 124.902 where we expect a rebound...