We have a right tip confirmation for King's crown bear signal. We have created a new low on October 2nd (yellow circle) and price moved up to hit the right tip. Expecting price to fall down now as we are also at the downtrend line area. Indicators: 1. RSI on daily and 4 hour in strong zell zone. 2. Downtrend line broken and price retesting backside. Entry @...
GBPCHF has been in a channel for the past 2 weeks. Long term outlook is downwards movement (see past ideas) but this channel has been holding and may be holding for a bit longer. Look to sell at the top channel and take profit at bottom of channel. Until we have a breakout of the bottom channel there is no need to stretch your profit targets. Also note, even...
AUDUSD broke up trend line as expected (see past trade idea) and now currently retesting past support now acting as resistance. Up Trend Line broken RSI daily heading near the sell zone Smaller time frame in sell zone Entry 1 @ current price range of 0.7168 - 0.7200 Entry 2 @ 0.7300 TP 1 @ 0.7035 TP 2 @ 0.6800 Good luck trading! Charles...
EURUSD has broken the up trend line on the daily time frame and now retesting the backside of the down trend line. Option 1: Short sell at current price of 1.1730 down to 1.1625. Option 2: Wait for a test of the downtrend line and wait for a candle signal, bull or bear to continue direction. I am expecting this pair to range until election in USA is over between...
AUDJPY has hit the supply zone, past resistance area on the daily time frame. Indicators: 1. Weekly Trend still bearish 2. RSI on daily coming into sell zone. 3. RSI on 4hr in sell zone 4. We have a rejection of the Resistance (supply area) Entry @ price range of 75.46 to 76.00 TP 1 @ 74.00 TP 2 @ 72.65 Good luck trading! Charles...
EURAUD in consolidation range and have been giving us great trades the past few months. We have strong confirmations back to the bottom of the channel @ 1.6108 Look to sell at backside of the down trend line. TP @ bottom of channel, but remember to take profits in 50-70 pip ranges to maximize profits and protect profits. Good luck trading! Charles...
EURJPY heading towards supply zone, great area to sell. Past trading signal has a buy at 123.00 area and to TP at supply zone. Look to sell at Supply Zone and take profit at past support around 123.00 Good luck trading! Charles V CVFXmanagement.com Trading made Simple
GBPUSD looking to retrace north before we have a drop south. Expecting price to move up towards 1.3000 minimum. USD still weak with technicals pointing to the southside. After election we should see USD strength. Enter at trendline area or current price. TP @ 1.3000 Good luck trading! Charles V CVFXmanagement.com Trading made Simple
GBPCHF: Last trade signal was to buy from the bottom areas and take profit at this supply zone. This pair has net 2% growth of account size for the past week. I would advise not to buy this as we are so close to a good sell area. Look to enter in this supply range and sell down towards past support of 1.1605/ Good luck trading! Charles...
GBPCHF looking to return to supply area after a fast drop. Downtrend line broken and has not yet been retested yet. Supply zone has not been met yet either. RSI in buy zone. Entry @ current price area of 1.1718 TP @ 1.1890 - 1.1950 Good luck trading! Charles V CVFX Management Trading made Simple
XAUUSD has been consolidating what now looks to be a flag pattern. All my trading signals have been buys at this main support area, still holding strong. RSI in buy zone Strong Support holding Flag formation holding Look to enter around current price range of 1913 to 1917. TP at top of flag around 1940 to 1950. Good luck! Charles V CVFX Management Trading made Simple
We finally have a lower low and break of the up trend line on AUDCAD. Indicators: 1. Up trend line broken 2. Lower Low created 3. Daily RSI in strong sell Look to sell at the back of this trend line downwards. Take Profit target @ .9509 area Good luck! Charles V CVFX Management Trading made Simple
GBPAUD has bounced off of weekly up trend line (strong support area). See past GBPAUD. Signal up 300 pips. Look to reenter when price nears up trend line. 1.7680 Take profit at top of channel. 1.7820 Good luck! Charles V CVFX Management Trading made Simple
Look to buy at current price area between 1.2785 to 1.2820. GBPUSD long term is a sell but we most likely will retest the resistance area of 1.3000 before a fall. Current price range is a good entry with TP at the top of the channel 1.3000 area. Good luck! Charles V CVFX Management Trading made Simple
We are currently in a consolidation for EURUSD. Long term I am expecting a break below this channel to the downside. Currently technicals are pointing north for one more test before a drop. Look to enter at current price range of 1.1730 to 1.1765 on a 15m chart. Take profit @ 1.1900, short stop loss 20 pips under last low. Good luck! Charles V CVFX...
rade signal on this has reaped about 100 pips. Expect a retrace on EURAUD before we move up to the next level. Reenter at next support areas of 1.6255 and 1.6220. TP @ 1.6355 area Good luck! Charles V CVFX Management Trading made Simple