Here on Nzdusd we can see that on the 15min time frame price has formed a triple top.
Price also struggles to break our previous resistance level and the descending trend line.
Both moving averages are also bearish so we can see that bears currently have control of the market.
On the 1 hour time frame price is also currently forming lower lows and lower highs and...
The Downtrend of CHFJPY is stopped by a powerful support level at 108.64 that rejects the lower price for a newly designed uptrend confirmed by the formation of a Morning Star Candelisticks Patterns and a pin bar bearish reversal trend.
Buy CHFJPY Risk-Reward: 2.92
Close 70% of your profits at 111 area.
If you trade Monday 21 January the CADCHF Pair i want you to follow my advice
- Don't trade it before the CHF News because the trend can change and a breakout can happen so if you buy CADCHF without a Trailing Stop your SL can be hitted
- Watch the Volume on the ADX is going down don't trade when the volume is low and one question! why the volume is low? because...
After the Brexit let me tell you that many investors I know have more confidence in the Pound and don't stop to buy after the good news relating to the positive note about the Brexit and the recent vote for Theresa May's proposals.
Now the questions that many traders ask is if the USA will leave the GBP to continue to going up against their money USD?
We know...
Buy GBPNZD for a long term trade always holding
Good Entry: 1.90447 Price always rejected in this support 2 times during the bank players in the uptrend!
TP: 1.91581
SL: Define your own
Enjoy please make this chart yours!
