cvfxwealth

cvfxwealth

Week 3 update: Currently up 5% from EURNZD trade, up another 5% from EURAUD (see my other idea). We now have a strong bull candlestick closed on the daily, another confirmation of upwards movement. Indicators Recap: 1. EURNZD in upward weekly channel, support has held. 2. Stochastic RSI on weekly in buy zone. 3. Strong Bull candlestick closed on daily...

cvfxwealth

Currently up 5% growth from this pair alone from beginning of July entries. Indicators Recap: 1. Currently at bottom of weekly channel acting as support. 2. Stochastic RSI weekly in buy zone. 3. Upward Trend still dominant. 4. Bull candlestick close end of day 07/13/2020. 5. Pair broke upwards out of wedge. Additional Entry or if you missed first entry: 1. Good...

cvfxwealth

NZDCAD currently in a downwards channel and top channel is holding. This pair will start to make its way back down towards the bottom of the channel. Entry: Wait for confirmation with a daily bear candle close under the up trend line. Indicators: 1. Pair currently trading in downwards channel acting as resistance. 2. Historically this channel has held so...

cvfxwealth

AUDCAD is overbought and looking for a large downward movement. Short-term we are looking at 150 Pips to the downside Long-term we are looking at 300 to 500 pips Indicators: Look left rule- If you look at history, the current area where this currency has been a strong pivotal point, dating a few years. This is now acting as Resistance. Daily and Weekly time...

cvfxwealth Updated 

Update from last week's EURNZD Weekly chart analysis: Trade is up 100 pip from first entry. We now have a strong bull candlestick closed on the daily, another confirmation of upwards movement. Indicators: 1. EURNZD in upward weekly channel, support has held. 2. Stochastic RSI on weekly and daily in buy zone. 3. Strong Bull candlestick closed on daily...

cvfxwealth

Trade currently up 75 pips from last week's entry. Today just closed with a very strong bull candlestick, confirmation of upwards movement. Indicators Recap: 1. Currently at bottom of weekly channel acting as support. 2. Stochastic RSI weekly and daily oversold and in the buy zone. 3. Upward Trend still dominant. 4. Bull candlestick close end of day...

cvfxwealth Updated 

EURNZD at the bottom of a weekly upwards channel and at a strong pivot point. Entry at current price of 1.7235 TP 1 at Resistance level 2 TP 2 at Resistance level 2 Good luck trading! Charles V CVFX Management

cvfxwealth Updated 

AUDUSUD at a strong resistance area and main trend is still downwards. Entry @ current price and pending at last high of 0.6986 TP 1 at past support area (possibly channel trading) TP 2 at next past support area Indicators: 1. Currently at strong Resistance area. 2. Stochastic RSI on weekly and daily both in overbought zone. 3. USDollar Index in oversold...

cvfxwealth Updated 

NZDUSD in overbought conditions on weekly and daily. Expecting a reversal shortly with a daily bear candlestick formation as confirmation to enter sell. Conditions to enter: 1. Bear Candle below downwards channel 2. For current entries use current stop loss and reenter when we have a bear candle back in channel. Indicators: 1. NZDUSD main directing is still...

cvfxwealth Updated 

Technicals Technicals Technicals no matter what fundamentals occur. EURAUD is in an upward bullish channel and has held multiple times. Signals: 1. Currently at bottom of weekly channel acting as support. 2. Stochastic RSI weekly and daily oversold and in the buy zone. 3. Upward Trend still dominant. TP 1 at next Resistance TP 2 at top of weekly channel Good...