Trade Setup summary: Profit targets=863 pip (60 + 110 + 173 + 230 + 290) Stop Loss =120 pip Reward/Risk > 7.2 : 1 Current Status: Total Profit: 649 pip Closed trade(s): 649 pip Profit Open trade(s): 0 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 1.0676 based on 'previous Forecast' at 2020.07.27 : Closed...
Trade Setup summary: Profit targets=863 pip (60 + 110 + 173 + 230 + 290) Stop Loss =120 pip Reward/Risk > 7.2 : 1 Current Status: Total Profit: 649 pip Closed trade(s): 649 pip Profit Open trade(s): 0 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 1.0676 based on 'previous Forecast' at 2020.07.27 : Closed...
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
TECHNICALS: AUD/NZD is trading at a major daily resistance level and started to form a bearish wedge pattern on the H1 chart, where a fresh lower high is already evident. The bearish wedge formation signals weakness in the recent uptrend, with projections above previous peaks failing to move significantly to the upside. A break below the bearish wedge provides...
AUDNZD - Long Direction: - There is Bullish Momentum and Orderflow indicating the pair will go long. - AUDNZD went into the Bullish OB and is approaching the next level of a Bullish Cycle. - Pair broke YL (Yesterday's Low) indicating possible entry for a buy. Entry: - W (Double-Bottom) Pattern Formation. - Today's low was held with pins to the bottom side,...
Main items we can see on the chart: a) The price has reached a major Resistance Zone b) Before that, we have observed a breakout of a clear corrective Structure c) The Target of that breakout goes beyond the current resistance d) However, we expect a correction on the current level before the continuation of the bullish trend
The pair is trading near the resistance of an upward channel, while also having reached a strong horizontal level. Therefore, the expected move direction is down. The yellow square indicates the resistance confluence zone. Keep your sell limits in the square area, and short if the price spikes there. Thank you for reading, like and subscribe and have a nice day!
Welcome to our weekly trade setup ( AUDNZD )! - 1 HOUR Bearish price action right now.. 4 HOUR Overall bullish market formed new highs. DAILY Expecting prices to turn bearish now, good short entries! - FOREX SWING SELL AUDNZD ENTRY LEVEL @ 1.07510 SL @ 1.07940 TP @ 1.06870 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different...
Main items we can see on the chart a) Last week we observed a clear minor corrective structure, and the target was the next resistance zone b) The price moves as expected after the breakout of the minor corrective structure, and now we can observe the 2nd one c) We will use the same logic for this structure if the price breaks it, we will aim for a...
Seems like a good swing will happen. HIT the LIKE button if you're on board!
AUD showing a bit of strength against NZD