💡 Trade Idea 📉 Sell Limit CHF/JPY @ 117.07 🎯 Target Profit 116.12 🛑 Stop Loss 117.29 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price was trading within a bullish channel and managed to breakout from the lower side. The market has posted a correction and could not surpass the 38.20% Fibonacci retracement...
💡 Trade Idea 📉 Sell Limit US30 @ 30084.3 🎯 Target Profit 29641.7 🛑 Stop Loss 30305.4 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The index failed to break and close above the daily support level (30084), but it managed to break the trendline (white line). Our expectation is a small correction to the upside and then a...
💡 Trade Idea 📉 Sell Limit GOLD @ 1848.77 🎯 Target Profit 1766.50 🛑 Stop Loss 1875.37 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The metal manages to breakout the bullish channel to the downside after facing a strong daily resistance. On the daily time frame it posted an engulfing bearish candlestick showing a...
💡 Trade Idea 📉 Buy Limit AUD/CHF @ 0.6619 🎯 Target Profit 0.6701 🛑 Stop Loss 0.6582 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The pair was trading within a bearish channel and manages to break from the upside. A lower correction has been posted along a hammer on the higher end of this channel. Now, a potential...
💡 Trade Idea 📉 Buy Limit EUR/NZD @ 1.7125 🎯 Target Profit 1.7265 🛑 Stop Loss 1.7055 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The pair is trading within a corrective channel and heading towards the 50 % fibonnaci pullback. Our expectation is that the price will hold around the daily support 1.7125 level before...
💡 Trade Idea 📉 Sell Limit CAD/JPY @ 81.43 🎯 Target Profit 80.61 🛑 Stop Loss 81.84 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price reached the higher end of the channel and now the sellers are trying to push the price downward. We have a daily resistance at 81.43 level which might prove to be difficult to break...
💡 Trade Idea 📈 Buy Order CAC40 @ 5550.3 🎯 Target Profit 5612.7 🛑 Stop Loss 5519.2 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The index is trading within a bullish channel, the price is sitting on a strong support (green highlighted zone). A lower correction might be seen, and then a move upward towards the 5612.7 mark.
💡 Trade Idea 📈 Sell Order NZD/USD @ 0.7036 🎯 Target Profit 0.6940 🛑 Stop Loss 0.7072 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The failed to probe above the daily resistance (blue line), and then posted a head and shoulders which indicates a potential reversal, plus we have a breakout of the bullish channel to the...
💡 Trade Idea 📈 Buy Limit LINKUSD @ 13.13 🎯 Target Profit 15.15 🛑 Stop Loss 12.48 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price is trading within a corrective channel, and it posted a double bottom formation which might lead to a move to the upside. We expect a lower correction to the 13.13 level, and then a...
💡 Trade Idea 📈 Buy Limit USOIL @ 45.95 🎯 Target Profit 48.68 🛑 Stop Loss 44.65 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price manages to breakout of the range and close above it, we expect is a lower correction to the higher side of this range, and then a move upward towards the 48.68 level.
💡 Trade Idea 📈 Buy Limit EUR/GBP @ 0.9000 🎯 Target Profit 0.9125 🛑 Stop Loss 0.8939 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price failed to close below the daily support 0.8866, and it posted a double bottom indicating a reversal from downtrend to an uptrend. Now, the price is trading around the neckline of...
💡 Trade Idea 📉 Sell Order AUD/USD @ 0.7419 🎯 Target Profit 0.7340 🛑 Stop Loss 0.7449 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The daily resistance rejected the price and now posted a head and shoulder pattern indicating a potential reversal.
💡 Trade Idea 📈 Buy Stop GBP/NZD @ 1.9077 🎯 Target Profit 1.9244 🛑 Stop Loss 1.8994 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The pair is ranging within a bearish channel and it showed a double bottom indicating a potential reversal. The price now is sitting around the neckline and there is a high probability to see...
💡 Trade Idea 📉 Sell Order EUR/AUD @ 1.6303 🎯 Target Profit 1.6146 🛑 Stop Loss 1.6372 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The pair failed to close above the daily resistance (1.6336) and it posted a head and shoulders which indicates a reversal. The price manages close below the highlighted zone and breakout of...
Traders, Please be aware of the market conditions. We know that everybody is waiting for Santa's rally. But due to Corona as most things were different this year, Santa may not come for his rally. At the moment the price action is suggesting a possible fake breakouts on all 3 major US Indices i.e. SNP500 (SPX500), NASDAQ (NAS100) and US30 (Down Jones). Do not...
💡 Trade Idea 📈 Sell Limit NZD/USD @ 0.7057 🎯 Target Profit 0.6941 🛑 Stop Loss 0.7084 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The pair is trading within a bullish channel but reached a daily resistance. This resistance might be difficult and lead to a reversal especially, we have a double top posted near it. Lets...
💡 Trade Idea 📈 Sell Order EUR/USD @ 1.2047 🎯 Target Profit 1.1964 🛑 Stop Loss 1.2088 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price failed to break the daily resistance (1.2088), and it posted a double top which indicates a potential reversal. The price is trading around the neckline of this pattern, so we...
💡 Trade Idea 📈 Sell Limit EUR/AUD @ 1.6336 🎯 Target Profit 1.6146 🛑 Stop Loss 1.6393 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The pair is trading within a bullish channel. It reached a daily support by posting a double top. We will wait for the price re-test the neckline of this pattern and go for a sell position...