buy opportunity on the pair. Uptrend on the higher TF + rejection signs at previous support
here is the CADJPY chart and as you can see we have a head and shoulders pattern forming on the daily and 4h timeframe after the third contact with the daily downtrend. How do we trade this? well what you can do is wait for sell pressure to come in now and enter at price action confirmation or you can trade the break of the neckline, what we are going to be doing...
Price has moved to the bottom of the channel on the 4HR , showed signs of rejection at this area followed by a bullish engulfing candlestick . Price overall looks bullish, so has a lot of tendency to go up.
Retesting and consolidating around important resistance level. Bears expected.
Hi everyone, so today we are looking at the fx pair NZD/CHF, goal is to buy low - sell high * HTF is down *LTF pullback will be normal *We're betting to ride that pullback *Min 15 showed potential change in market structure from bearish to bullish *Timing entry in the relatively discount zone *Double entry leg to mitigate the overall exposure0
Rising Trend just about forming the 5th wave. SL is tight just incase market structure changes
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
TRADING SUGGESTION: Now we looking to the market got reversal at the strong support zone,so take a buy trade.GOOD LUCK . . . . TAKE A TRADE,SIT BACK AND RELAX LIKE AND SHARE
👋 Hello and welcome traders to another trade idea with Fobian ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 👉 WE are waiting for conformation: - We have triangle formation and waiting price to break it. - EMA's give us SELL signal. - Fib level is reach and we...