fxmentorbd

fxmentorbd

In D1 chart, 200 EMA indicates weak down trend and in H4 and H1 chart, 200 EMA indicates weak up trend. In Longer time frame indicates strong down trend. But, If we looking in W1 chart we see trend is try to change in upward direction. That's why I think, eur/usd pair is going in upward mode. In H4 chart, we found nice down trendline (blue dot line) and 1.1314...

fxmentorbd

In USD/CAD pair I found a nice Box in H1 timeframe. If break this box upper, our next target is 1.2525-1.2538 level or if break this box below, our next target is 1.2445-1.2400 level. If break upside box we going to take long position with 25 stop loss . If break lower side box we going to take short positon with 25 stop loss.

fxmentorbd

Eur/Jpy pair possible to create Bullish ABCD pattern in H1 timeframe. If this pair more fall down and retrace from 128.20 level then its complete D leg of ABCD pattern. If this pair create ABCD pattern, then we going to looking for long position in this pair and our stoploss should be at 30-40 pips and takeprofit should be at 129.200-129.400. So,keep eye's on...

fxmentorbd

In H1 timeframe found nice triangle in nzd/jpy pair. If this pair break this triangle in downward mode than I think it will be going to 89.16 level which is strong support for this pair, but before its may be faced some support in 89.70 level. After break this triangle we can looking for short trade on this pair and use stoploss at recent swing high point of this...

fxmentorbd

Aud/Nzd pair looking bearish outlook, because 50,100 and 200 ema above the current price level in longer timeframe. 1.0218 level act as a strong support for this pair and I did not find any recent and previous support for this pair. So, I think, if this pair break this level then its goin more down. After break this support we can take a short positon in this...

fxmentorbd

USD/CAD Pair still brearish outlook, because 50,100 and 200 ema above the current price in H1, H4, D1 Time Frame. That's why we still looking for short positon on this pair. But, 1.2400 - 1.2470 level is strong support zone for this pair. If break this level, this pair going more down, which is 1.2200 / 1.1820 level. If did not break this strong support zone, then...

fxmentorbd

GBP/USD Pair is looking bearish. That's why I still looking for short postion in this pair. 1.4980 - 1.5010 zone is behaive lika a strong resistance for this pair and 1.4850-1.4840 zone is behaive like as strong support for this pair. If break this pair I hope our next target is 1.4698 level, 1.46330 level and 1.44890 level. I hope this pair touch those level. We...

fxmentorbd

In H1 time frame found double top pattern in gbp/usd pair. If this pair break double top pattern neckline (yellow) than we think to take short trade of this pair or take short to retrace this level again. This pair faced strong resistance in 1.50 level, that's why we also looking short trade from this level which 50 pips SL and 100 pips TP or more. So, keep eyes...

fxmentorbd

I think, 0.7600 level is very strong zone for nzd/usd pair. So, we are looking for short trade from this level with 40 pips SL. Our 1st profit target is near 0.7500 level which level act as support and 2nd profit target is near 0.7440 level. So, keep eys on it and Best of luck. Sell Limit: 0.7600 Stop Loss: 0.7640 1st Take Profit: 0.7500 2nd Take Profit: 0.7440

fxmentorbd

In H4 time frame near 89.836 level, I found a double top which neckline is 88.660 level. If break this neckline level then we looking for short position. Where put stop loss near swing high point and your profit target is near 87.50 level. Or, If its breaks double top level, we are going to long positon, where take profit target is near 90.50 level and out stop...

fxmentorbd

In H1 TF I found a nice Acending Triangle Pattern, if break this triangle, I think this pair may be go to 1.30 level which is very strong resistance. And this pair is also in uptrend mode. We looking for Long position after break this above resistance line of triangle or after retrece from this resistance line. And put stop loss near swing low point of this pair....

fxmentorbd

I think nzd/usd pair going to short positon, because 3EMA above the price level in H1,H4 & D1 Time Frame. Its also show as triangle in m30 TF. which possible to break and I hope this will be go to 0.71835 level, but before its possible to faced good support at 1.7270 and 0.72260 level. I think we look for short position with minumum 30 pips sl and 60-100 pips...

fxmentorbd

Aud/Jpy break H4 trendline in downward mode. In H4 & D1 TF 50,100 and 200 EMA stay aboves the current price.That's why this pair still bearish outlook. If retrace the above trend line and again down we can look for short trade. If we want to trade early we can took trade after touch the above trendline and our stop loss shoulbe be at 30-50 pips. Or, If we wait we...

fxmentorbd

I think usd/jpy pair possible to create short-term bearish ABCD pattern near 121.85-90 level. Where we may find some short position opprotunity. After retest those level, If we take short position from those point, our profit target is set near 121.00-120.465 and our stop loss should be 30 pips. If its breaks upper 121.887 resistance level, I think its goes more...

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1.2665 is a very good resistance for usd/cad pair. And here also possible to complete bearish Gartley Butterlfy D point. Where I think this pair may going to down from this D level. So, I think we can take short position from 1.2665 level with 35-50 pips stop loss and our take profit target is 1.2565 level. If this pair did not respect this D level and break...

fxmentorbd

ABCD Pattern found in Eur/Usd Pair. I think market possible to retrace from this D (1.0975) point. If market retrace from this Level, I hope market will be go to 1.1257, If break than go higher. If market break this D (1.0975) point down, I think this will be go to 1.080. Where also found ABCD Pattern in D1 TF. But, Its All depend on Today's NFP News...

fxmentorbd

If this pair break avobe trendline I think, this pair next target is 2.1050 level. After break upward and retrece this trendline again we look for long position on it and use stop loss at near swing low point. Le's see what happen. keep eyes on it.

fxmentorbd

GBP/JPY is now uptrend mode. Which is faced resistance at 185.00 point and also faced strong support at 183.50 point. If this pair is break 185.00 level, my next target is 186.00, where its may be faced some resistance. Where is also complete ABCD Pattern. Arrow sign tell us the possible retracement level for this pair, I think, this may retrace from those arrow...