This pair has moved up as predicted months ago, we have now hit a major turning point. Look to sell downwards for 500-900 pips. Indicators: Weekly RSI in strong sell zone. Up trend line broken south Right tip of King's Crown (head and shoulder variation) created. Entry @ 2.000 area Add entry @ 2.050 for possible retest of resistance area. TP 1 @ 1.9460 TP 2 @...
GBPAUD still in consolidation range with main direction still upwards. Entries below for risk tolerance: Entry 1 @ current price area of 1.8270 Entry 2 @ up trend line Entry 3 @ bottom of consolidation range 1.8142 TP 1 @ 1.8391 TP 2 @ 1.8450 Good luck trading! Let me know how I can help or if you have any questions. Charles...
See past EURCHF ideas, I've been trading this pair for over a month within this range. Pair is in an upwards consolidation channel, buying at bottom of channels and taking profits at top of channel. Current range: 1.0745 to 1.0785 (40 pip profit ranges) Larger range: 1.0745 to 1.0820 Enter at bottom, take profit at top. Good luck trading! Let me know how I...
GBPUSD has been consolidating since the start of August. We now see a wedge pattern. Expecting a breakout above or below this wedge. If above, Price can rise to 1.3300 handle. If below, expect price to fall to 1. 2900 handle. Short term trades to scalp this wedge range is fine but use low risk and short stop losses. Otherwise wait for confirmation of direction...
AUDUSD setting up for a nice head and shoulders formation. Possible sell at right tip. Indicators: 1. Pair is overbought, Weekly RSI in strong sell zone. 2. Bulls have not been making strong movements for almost 2 weeks now. Entry 1. Break of neckline below 1.1700 (my personal preference). 2. Right shoulder tip @ 1.1900 (past resistance) 3. Current price area...
Was looking at a bigger pull back as posted on sundays idea, have not marked it but a bit of a resistance at 1.26000. Price may make some fast pull backs but ill be looking at jumping onto any fast upside momentum. Patience and constant monitoring on this pair as US dollar can be very volatile at times.
(26.06.2020) CADCHF downwards to the area 0.69200, possibly lower.
Hi guys After a consistent and careful evaluation of the EURUSD pair i have been able to recognize a long trend, which beyond any doubts indicates that the market is about to make a huge short(SELL) move in the week ahead. kindly look into this idea as it may be of huge assistance to your trading decision. If you agree with me kindly like this idea and follow...
buy xau/usd because the candle has broke the support line
Plan : The price already bounce off from resistance level --> BUY NOW **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we...
Wait for the price to retrace a little bit in 4hr chart then sell(look at chart) As i mentioned before Cad is gonna be weak in coming months
OANDA:EURAUD EURAUD Recently broken out of it's short-term downtrending resistance, and come back down to bounce off of it. EURAUD looks like its beginning to reverse and journey again to the main fib levels, and even to it's long-term downward resistance. Keep an eye out, but IMO it's time to go long.
NZDCAD has broken previous structure, Formed a new channel and has made support at key levels, TP at next level within upwards channel From here I'd expect a reversal back to .88 0r .87500
We can see a double top at a place where we had previous resistance. If we brake the trendline AND have a confirmed double top at the killzone(green rectangle = 0,5-0,782 fib retracement) then we can enter short. Target 2 is an ABCD completion AND 1,414 fib extension from the whole move, additional previous support there too. Remember, you can enter at a confirmed...
Possible bearish momentum may be forming on EUR/USD. - Please take trades under your own diligence. Confirmations - 1 - 50% fib level may indicate trend reversal 2 - price at support Wait for candlestick rejection and then we will get a clearer image of who's in control!
Hi guys ! Before a new week, this is an analysis on GBP/AUD (H4). The MACD and RSI are looking very good for a pump in the next week. There is a resistance around 1.8285, if this resistance is broke, the GBPAUD can reach 1.84685. This is a short idea, be careful ! Thanks for your time. Anthony