Hameedfx

Hameedfx Updated 

Whenever a pair move rapidly on Daily Time frame I always look for 2nd confirmation on H4 time frame... We are witnessing that the pair is still in bearish trend.... It may now get some reversal but we need a second retracement to go short in this pair on that Key level once again. We will look for another candlestick confirmation on H4 chart to sell AUDNZD. Stay...

Hameedfx Updated 

With reference to our previous analysis for short opportunity, unfortunately our SL hit due to AUD weakness. Now once again, the price came to our sell zone where it formed a bearish engulf on H4 time frame exactly at Key Level 1.7985 and Trend line. Sell Stop @ 1.7925 SL 1.8015 TP 1.7740

Hameedfx Updated 

I am always look for 2nd retracement / retouch while taking a position. Here the daily trend has significantly changed its direction to Bullish bias on the start of current week. Yet We are at a very strong Resistance Level. First It touched on Tuesday 06th August 2019 and did some down movement. I was still waiting for the key position to hit again. And the same...

Hameedfx Updated 

Though we are still in bearish trend on daily time frame, Yet this pair has changed its direction on Lower Time Frames.... H4 is already converted to bullish trend.... We were waiting for the price to come down near key support level @ 1.4855 - 1.4860 area and let the market make a price action signal on H1 time frame to have some bullish opportunity. On H1 Time...

Hameedfx Updated 

On 17th June 2019 , the price moved to 2nd Highest Highs... and then the market changed its direction with full speed upto psyclogical level @ 1.6000 . After such huge movements up and down, Now it may take some rest between 1.6260 - 1.6360 - 1.6400 areas.... During this rest of the market we have both bulls and bears fighting... Bullish Scenario Let...

Hameedfx Updated 

The price is preparing itself to deceive the traders... Friday Pin Bar suggest to sell the trade immediately on which many traders might be tended to ride. In my view It may touch that 38% - 50% Fib Level drawn from low of current daily swing and then reverse back. My Bearish Scenario is as follow: If the price bounced back from Fib levels and give us...

Hameedfx Updated 

The pair already moved to its triple top pattern on H4 time frame.... Also, We are still in bearish direction on daily time frame.... the two levels i.e Psychological Level and Key Level confirms our area of selling. The rest confirmation of trendline is also allowing us to go short in this pair. Signal Sell @ 1.7975 SL 1.8035 TP 1.7800 My risk for this...

Hameedfx

I am more than 70% confident to touch that barrier. We just need a psychological level to break 1500 level. Before breaking that psychological level we are hoping for the price to take some retracement to strong support 1433 area. If the price give us bullish signal then we can ride otherwise let the price do its movement either up or down. It is also...

Hameedfx Updated 

With reference to our previous post regarding the USDCAD bearish momentum, The history actually didn't repeated itself. The price made current month High. Also, There was a strong resistance which is now moved slightly towards 1.3200 . We will be waiting for a price retracement to touch this 1.3200 highs again and form a candlestick pattern i.e Bearish...

Hameedfx Updated 

For now we are staying away from trading in this pair. It is waiting for maximum positions of bullish... once it decide to hit those positions' SL then It will go high and probably it take a little retracement from 0.6930 area and then it may hit all the SLs for bullish positions. If it did a retracement from 0.6930 and retouch 0.6900 - 0.6905 area then We...

Hameedfx Updated 

I am actually thinking the market on my way which brings positiveness in my trading. I will always wait for the price to reach to that Monthly and psychological level at 1.0000 area . From that exact area the price may stay for some time but eventually it will fell. We have to stay probably for the whole week to let the price do the action itself and pave way to...

Hameedfx Updated 

While Staying bearish on daily trend. The price may now want to rest for at least today. It is possible that on Tuesday it break the second trend line same as it did on 11th June 2019. Another confirmation for the level to be strong is two times retracement before the 3rd one. Now, we are in need of another touch and form a bearish candlestick pattern on H4...

Hameedfx Updated 

A solid weekly resistance formed at 1.1057 - 1.1063 area, from where the price is retracing. On daily time frame The last swing Fibonacci has drawn where now the price is retracing on its 50% retracement. It is the confirmation that 1.1057 - 1.1063 area is a strong weekly resistance from where the price may drop. Now the three consecutive lower lows of H4...

Hameedfx Updated 

We are going bearish in CADCHF for the following reasonable points. The daily Time Frame remained between 0.7393 - 0.7587 area since 10th January 2019 . It now passed half year that the price is unable to break and move up/down below this channel. Previous Week High is another factor where the price formed an inside bar on H4 TF. A...

Hameedfx Updated 

As a Trendy Trader, I always look for trades which is validated by Daily Trend. In USDCAD , 2 consecutive trades had been found which went bearish. 1st Bearish Movement from 02 July 2019 till 04 July 2019 . 2nd bearish rally hapened from 10 July 2019 till 12 July 2019 . After those 2 bearish movements, the price remain sidways for almost two...

Hameedfx Updated 

A strong resistance at 1.6413 has broken by H4 Candles Yet it in vain of closing above that price. Though Sidways market is expecting through to next month, Yet we are going to go short in this pair with little Risk. Entry @ 0.6375 SL 0.6450 TP 0.6200 My each risk is 2% of my account. My lot size for this trade 0.03 Risking pips 75 Rewarding Pips...

Hameedfx Updated 

Previously we reached almost to our target... Now it again came to our zone to tell us about another bearish opportunity. You can refer to the chart given in related link Ideas to know more about this. Entry @ 75.85 SL 76.35 TP 74.50 If the price bounced from 75.11 level then we will check the trade to close it mannually other wise leave it for TP My each...

Hameedfx Updated 

Since it touched our multilevel area on Tuesday 16th July 2019, At that time I didn't considered it because I was thinking of a trap by the Market. Now when it touched the same area again we are now taking interest to sell this pair upon any H4 signal. Signal will be provided when there is any opportunity of selling this pair.