BannaKhan

BannaKhan

Hi fellas, I will keep it simple. After a massive upside run towards 158.000 handle GBPJPY pair have corrected to the downside heavily and extended it's decline until fib 0.886 level which is happens to be also a major support where this pair is finding plenty of support. On the flip side we can see another descending trend line which the pair is following....

BannaKhan

Hi traders, As you can see the price action is at a very crucial point. Strong support followed by a strong trend line which has been respected for quite some time now. We can also sign of rejection and bullish divergence. It all adds to the fact that we should see an upside push very soon. Please let me know your thought. Trade safe and use proper risk...

BannaKhan

After almost losing 5% against the USD in recent times price has stabilised somewhat. A retracement or reversal is long overdue now. RSI also indicating divergence and a double bottom has formed. Everything indicates for an upside push which I believe is around the corner. Always use your own analysis and correct risk management. Let me know your thoughts. Cheers

BannaKhan

Hi guys, Did not publish any ideas for a while now. Quite simple trade this. After a good drop price is finding plenty of support and it is also following a trend line. I would like to see the price action break and retest the trend line before going long on this. Always do your own analysis and correct risk management while placing any trade. Share your...

BannaKhan Updated 

Hi traders, As you can see this pair has reversed somewhat and currently trading below 50 EMA. We have seen a pullback with a bearish candle which suggest we might see another push down to make a double bottom at least if not more. I have therefore gone short on this and marked tp and sl for you as well. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

Similar setup to AUDCHF, we should see further push down to creat a double bottom beofre deciding further movemnets. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

Hello traders, As we have witnessed a sizable pushup on this pair in recent week and the pair is consolidating at a major level and a flag pattern is appearing. This pair recently has broken the trendline as well. Even if it want to push higher up it needs to retest the trend line at a support level to gain more strength. On the daily timeframe there is every...

BannaKhan Updated 

If you see the chart you should understand why I have said that. Waiting for a proper deep pullback with a bullish entry reason to go long on this. The trade is only valid if we see a bullish entry reason at the entry point shown in the chart. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

Hi traders, After a tremendous uptrend we have seen a trend reversal or retracement. We should continue to see that next week and we are aiming to take profit at 0.382 fib and 0.5 fib level respectively. From there we should carefully see the direction of this pair before deciding furhter. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

After a trend reversal the pair had pushed below 50 EMA and we have seen a nice pullback. We should see some more downside push in the coming weeks. I have marked the entry, sl and tp for you as well. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

EURUSD short for 200 pips.

BannaKhan Updated 

Short from the trendline. Pair recently broken below the trendline we should see a retest at the trendline and resume the downtrend. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

Nice and clean setup for another downside push for this pair. Trade safe and good luck.

BannaKhan Updated 

150 pips short setup at pullback. Trade safe and good luck.

BannaKhan

Okay traders, We have seen a recent push up on EURJPY pair and it has broken the trendline. The pair pulled back and retested the support already and showing bullish signs which suggest we might as well see another leg of bullish run and this time it should aim for the upper resistance level. As there's plenty of pips we are talking about hence it is prudent to...

BannaKhan

Similar setup to the previous one. I have marked the tp and sl for you as well. Let me know your thoughts. Trade safe and good luck.

BannaKhan

Nice and easy setup this. After a decent downtrend we have seen some pullback followed by a nice bearish cande which suggest we should see more downside movement. I have gone short on this and marked the tp and sl for you as well. Let me know your toughts as well. Trade safe and good luck.

BannaKhan

Hello traders, We have had a nice short trade earlier on this pair and now after the pullback we have spotted a nice bullish engulfing candle which suggests that we should see further upside movements. I have gone long on this and marked the entry point, sl and tp for you as well. Ultimately I think it should make a double top before deciding further...