USDCAD still favors down move and looking up on 8 hr; it comes up in a downward channel and does indicate a hint it can use another minor new low towards 2800 handle for triple bottom and a lift off..
i.imgur.com
USDCAD 8 hr - Downward channel hinting at triple bottom scenario - 3040-5X holds fortify the view..
i.imgur.com
USDCAD Daily - Extended supp & a...
EURAUD.. Shows bullish grind with 5170-8X looks tempted to get a test now..
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EURAUD 4 hr - We playing higher than the recent break of the channel between T2 and T3...
Hi all,
After booking some good pips on a short position on XAUUSD this week, I am now looking for a long entry.
Entry: 1244.4
Stop: 1233.37
Target 1: 1263
Target 2: 1284
Best of luck!
Hi all,
Today the CADCHF has hit the trendline.
This is a good entry for a short position.
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INFO ON THIS TRADE
Entry: 0.747 (current market price)
Stoploss 0.7605
Target 1: 0.724 (Risk:Reward = 1 : 1.5)
Target 2: 0.699 (Risk:Reward = 1 : 3.34)
When being 100 pips in profit, move stoploss to...
EURCAD shows signs that it's going to its downwards trend. With an evening star popping up right at the top of the trendline, we can expect the trend to continue lower. The next resistance identified is 1.45210. I expect prices to hit that point before EURCAD makes it's next move.
For more daily signals and analysis, please follow me. As well don't be afraid to...
Hi all,
As I wasn't expecting such a big move up on a friday, I did not have time to post this chart yet.
I expect the price to go back up a little bit more to the 15.85 area. This is a good position to go short.
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INFO ON THIS TRADE
Entry: 15.85
Stoploss 16.389
Target 1: 15.3 (Risk:Reward = 1 : 1.05)
Target 2: 14.445...
HI all,
The EURUSD is hitting the nearest trendline.
There are 2 posibilities here:
1. Wait for a confirming candle to the upside
2. Wait for a 4h candle to close below the trendline, then make an entry short.
Best of luck!
I don’t publish all my trades obviously, but every day I am a couple of hours in the forex chat, where I share thoughts about the market and pairs I am watching. The chat provides a more instant way to share views by posting quick charts of trade ideas in real time. Last Thursday I posted a snapshot of a EURGBP setup -before going short- when price was smack in...
