Looks like the Bears are caching their breath before pushing price down even more. Entry should be placed right outside of the box. Let us know what you think abut this idea ! Have you ever traded Bullish or Bearish Rectangles ?
This morning we managed to cash in nice pips from our BTC trade let's do some more :) Now we can see nice consolidation example on 4H chart BTC/USD. Consolidation might continue more or the price could break out of box and look for more Bullish movement. We are entering Long right outside the Rectangles Resistance. What do you think ? Let us know in comment...
Let's take a look at CAD/CHF. Pair has made a nice Descending Triangle and now is testing Resistance line and if the price will not breakthrough then we expect more Bearish movement. Let us know what you think and don't forget to follow us for more ideas :) Good luck !
Lets take a look at CAD/JPY we can see that there is confirmed fakeout on 4H chart and we predict that the price is going to make a strong move up to test Resistance line. Let us know what you think and don't forget to follow us for more ideas :) Good luck !
This week we made nice profit from NZD/USD Short trading ideas. Let's continue to work with this profitable pair. Now we can see the price has bounced from Support line that has been tested serval times before. We expect price to move up. Let us know what you think and don't forget to follow us for more ideas :) Good luck !
We could see very clear bounce from resistance line yesterday as the price is heading down to test the support line. Lets jump on Bear train to grab some easy pips in next couple of hours ! Trade safe and good luck.
GBP/CAD was one of the most successful pairs for us and we hope that you took our signal as well :) And as predicted price has reached its Support and now is bounced of it and heading back up. You can enter this trade now but keep in mind this is a swing trade and it going to take a few days to complete. Stop Loss should be placed below the Support line. Let...
Let's take a look at EUR/CHF on 1H chart. We can see that there is a nice Symmetrical Triangle emerging and we have discussed before what does Symmetrical Triangle signalize ? Well for those who have started to follow us recently we are going to explain one more time (and if you don't follow us then please do now as we would really appreciate that) Symmetrical...
We are going Long with EUR/USD This trade idea target is near Resistance line who has been tested multiple times in the past. Put Stop Loss below Support line. Let us know what you think and don't forget to follow us for more ideas :) Good luck !
The precious shinny metal. Where will it go ? Right now there is indecision between Bears and Bulls. We predict breakout happening soon as Symmetrical triangle is about to get completed. Let us know on which side are you and why ? Don't forget to follow us on more ideas. Good luck !
This pair also hit our target this week - We managed to predict the price pretty precise and now we believe that price is going back down to test the Support line of the parallel channel. Put your stop loss just over the Resistance line. Let us know what you think and don't forget to follow us for more ideas :) Good luck !
There is a chance we could see Descending Channel breaking for XPT/USD in near future. We have put pending orders just below strong Support line. Let us know what you think and don't forget to follow us for more ideas :) Good luck !
Good morning Traders, hope you all had full of pips trading Thursday and now are ready for ,some say most exciting day in month - NFP Friday. Lets make some pips before going to weekend :) Lets take a look at our this weeks our most successful pair. We made a ton of pips from EUR/JPY short signal - However we believe the bears did not have the power to confirm...
Possible buying opportunities for AUD/CAD. Price has been inside Ascending Channel for a while now. Price recently has been bounced off the middle line of the channel giving us two different buy setups if the price eventually ends up over the middle line and just over the Support line. Put your Stop Loss just under the channel. Let us know what you think and don't...
Good morning Traders, we hope you all had great trading Tuesday. Lets get ready for great results also today. Our first pair today is EUR/NZD. Right now price is at key level. We can see big wick on last 1H candle and that means Bears are running out of support and most probably will not break those two Support lines shown in chart. Let us know what you think...
EUR/GBP price has bounced from many times tested Support line and now is heading up to test Resistance line of Descending Triangle. When the price will be close to the Resistance Line we will monitor the indicators and sentiments to understand if Bulls have the power of breaking Resistance. Right now we are entering Long for some quick pips. Good luck !
Head & Shoulders is about to be complete if the price will go down. If we take Forex Seasonality Analysis (source - equityclock.com) for New Zealand Dollar it shows us that May has been the month where Kiwi has lost the most if compared with other 11 months. (Data from last 20 years). Lets wait and see what will going to happen :) We are going short with tight...
EUR/AUD Bears did not have the strength to break through the Support line and now is heading back up. This is Long term trade as the Ascending channel is pretty wide. Entry @ 1.68677 Put Stop Loss just under the Support line. Good luck.