cvfxwealth

cvfxwealth Updated 

CADJPY looking for a good reverse north. We have hit a major up trend line on the daily and the backside of a down trend line (blue line). Indicators: 1. RSI daily in strong buy zone. 2. Uptrend line holding as strong support. 3. Down trend line backside acting as secondary support. Entry @ price area of 78.50 TP @ 79.70 - 79.90 area Good luck and let me know...

cvfxwealth Updated 

We had a beautiful break of the up trend line with a retest and reject to the south. USDOLLAR about to reverse from lows to highs, expecting this pair to fall lower. But first we wait for a good sell entry. Support area has been broken and now acts as new resistance. Remember: Past support becomes future resistance, past resistance becomes future support. Entry...

cvfxwealth Updated 

NZDCAD at a major resistance area with technicals pointing south. 1. RSI in sell 2. NZD @ major Resistance 3. NZD overbought and has not yet performed its retrace. Entry @ 0.8840 area TP @ 0.8675 Good luck and let me know if there are any questions. Charles V CVFX Management Trading made Simple

cvfxwealth Updated 

EURUSD lining up very nicely for a short buy. We are at a strong up trend line and support area with RSI in the buy zone. Entry @ 1.1750 area TP 1 @ 1.1790 TP 2 @ 1.1865 Entry @ price area of 78.50 TP @ 79.70 - 79.90 area Good luck and let me know if there are any questions. Charles V CVFX Management Trading made Simple

cvfxwealth Updated 

EURNZD oversold and technicals lining up nicely for a buy. We have an upwards channel that has been respected for 1 month now. We are at the bottom of the channel area. Entry 1 @ 1.7810 area Entry 2 @ 1.7675 area TP 1 @ 1.7870 TP 2 @ 1.1800 Good luck and let me know if there are any questions. Charles V CVFX Management Trading made Simple

cvfxwealth Updated 

GBPUSD is currently in this upwards channel but my bias is still to the downside long-term. Red thick line: Main up trend line Red dotted line: 4hr up trend line Price has tested the backside of the daily up trend line and bounced off nicely. Expecting price to go back towards the 4hr up trend line. Entry @ 1.3075-1.3100 TP @ 1.3000 After we hit the bottom of...

cvfxwealth Updated 

USDJPY is in a triangle formation with technicals pointing north. RSI in buy zone Price testing major support area USD Index oversold and in buy zone. Wait for a daily bull candlestick close above triangle then enter the backside of the trendline towards 107.00. I will be keeping my eye on this trade until we have a break before trading. Good luck and let me...

cvfxwealth

USA Election coming to a close but take caution as volatility can still occur. Here we are looking "left" to see what has happened in the past elections. Uncertainty = volatile market Certainty = trending market Pre elections we have seen USD weakness and right after we see USD strength in the remaining year months. With USD technicals in the buy zone and a...

cvfxwealth Updated 

EURJPY King's Crown formation pattern. 1. Broken Up trend line 2. Lower Low Created 3. Right Tip hit at Resistance level Sell @ current price area of 124.26 TP @ 123.00 area Good luck and let me know if there are any questions. Charles V CVFX Management Trading made Simple

cvfxwealth Updated 

EURUSD at the backside of the up trend line. 1. Broken Up trend line 2. Back side currently tested 3. Currently at Resistance level 4. RSI in sell zone daily and 4hr Sell @ price area of 1.1858 to 1.1900 TP @ 1.1732 Good luck and let me know if there are any questions. Charles V CVFX Management

cvfxwealth Updated 

Price has come up to retest resistance area and right tip of king's crown. RSI is lining up in the sell zone perfectly in this area giving us an indication of downward movement. Current Entry @ 137.35 area TP @ 136.00 Good luck and let me know if there are any questions. Charles V CVFX Management Trading made Simple

cvfxwealth

EURGBP oversold and technicals lining up nicely for a buy. 1. RSI in buy zone 2. Price at support (channel area) 3. Pair swings up and down frequently. Entry 1 @ .9030 area Entry 2 @ .9000 TP 1 @ 0.9108 TP 2 @ 0.9152 Good luck and let me know if there are any questions. Charles V CVFX Management Trading made Simple

cvfxwealth Updated 

EURAUD rallied to the topside very fast breaking out of the consolidation range. With every large rally there is always a pull back to its origin. Expecting price to pull back to the 4hr up trend line then the support (past resistance). Strong sell RSI with bear candlesticks giving us a good indication of a strong reversal. Good sell entry @ 1.6724 area down to...

cvfxwealth Updated 

EURCAD at a major support and have bounced off nicely. RSI alignment with buy. Look to buy at current price area of 1.5440 Take profit at 1.5540 Good luck and let me know if there are any questions. Charles V CVFX Management Trading made Simple

cvfxwealth Updated 

EURUSD King's Crown formation pattern. We are ready for another sell. 1. Broken Up trend line 2. Lower Low Created 3. Right Tip hit at Resistance level 4. RSI in sell zone Sell @ current price area of 1.1780 TP 1 @ 1.1687 TP 2 @ 1.1620 Good luck and let me know if there are any questions. Charles V CVFX Management Trading made Simple

cvfxwealth Updated 

Channel ha been holding for months and RSI is lining up nicely for a strong sell. Aud pair has been weak but now at a good point of reversing. Sell @ current price of 1.6612 area TP @ 1.6375 Good luck and let me know if there are any questions. Charles V CVFX Management Trading made Simple

cvfxwealth

GBPJPY King's Crown formation pattern. We are ready for another sell. Price fell last week from the right tip and we had a retest of the right tip @ 137.16. 1. Broken Up trend line 2. Lower Low Created 3. Right Tip hit at Resistance level 4. RSI in sell zone Look to sell @ 136.70 area TP 1 @ 135.57 TP 2 @ 133.54 Good luck and let me know if there are any...

cvfxwealth Updated 

See past USDJPY idea, we are in a downwards channel, our last sell has not yet target and king's crown became invalid but downward channel still holding and technicals still pointing south. Entry 1 @ 105.60 Entry 2 @ 106.00 TP @ 1.6500 area SL above channel. Good luck and let me know if there are any questions. Charles V CVFX Management Trading made Simple