This pair is now trading between a tight support and resistance zone. In case of an upward breakout of the highlighted zone (Red) price is likely to test the above trendline. Stop loss can be maintained below the red zone.
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This is my move for when market opens. Will be looking for a candle to close below 1.1700 before entering short with 40pips SL. This is my view for this pair in the coming week. In a long term view, i believe we're breaking out of a down-trend dating back to...
Hello Traders! On Tuesday we made 90+ pips in gbpusd and today on Wednesday we got 100+ pips. Both trades were excellent with perfect entries.
There are another 100 pips ready for you.
Target hit in a single 4-hour candle
Waiting on a candle close below support at 1.0730 with initial target at 1.0695 and final target at 1.0620.
Could see price going up before the push down, to around 1.0775! That would be a nice short entry imo.
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Have a great day
NAKED TECHNICAL ANALYSIS ! ! !
This trade is a continuation of my last 150 pips trade in this pair ( go to my profile for confirm ).
We had a continuation ABC pattern that now break the resistance & retest it and now we are waiting for the continuation for one more push!
Lower time frame confirms that the market still want one more move up ! ! !
Price is respecting this channel since early july, i'm entering here long after a nice bullish engulfing in the 2-hour chart. 40pips SL. Initial target at 126.00 and final target 126.80!
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Hi guys ! This is my analysis on the 15 min EURUSD chart , so as I mentionned on the chart we will buy this pair if only the market breaks the first resistance strongly , so after this breakout it will probably go 1.13412 . You can follow the chart insructions if you're interested and thank you !
A great opportunity to short CADCHF to close the week.
I'm personally looking for a break and retest of my 4HR structure, before going short on CADCHF. To TP1, we're looking at a nice 73pip movement to the downside to settle at 0.69357. I would recommend taking this with a 25pip stop loss for a risk to reward ratio of 2.92.
I would then aim for it to break the...