See past NZDCAD Idea. We are in a downwards weekly channel with the top channel holding as resistance. Indicators: 1. We have confirmation of bearish daily candles closed under the channel with lower lows. 2. Weekly RSI in sell zone 3. Main direction is downwards. Entry: 1. Top of channel @ 0.8877 area 2. Aggressive entry @ 0.8844 area TP 1 @ 0.8680 TP 2 @...
EURAUD still in upwards trend. See linked EURAUD Idea I have been buying the past month (1400 pips net in June). Entry: 1.6396 area 1.6117 area TP Current price for aggressive entry 1.6540 area (resistance on smaller time frame) 1.6775 area (large resistance) Good luck trading! Let me know how I can help. Charles V www.cvfxmanagement.com Trading made simple.
EURUSD overbought and retrace is expected. Indicators: 1. Price in major resistance area of 1.1900 2. Weekly RSI in sell zone. 3. Main trend is still downwards. Entry: 1. Resistance 1 @ 1.1900 2. Resistance 2 @ 1.1200 TP @ 1.1450 area (support area) Good luck trading! Let me know if I can help in any way. Charles V www.cvfxmanagement. @cvfxwealth Trading made Simple.
This pair has generated thousands of pips since bounce of bottom support area. See past trade idea. Indicators: 1. Currently at a support and looking to reach the next resistance area. 2. Strong bounce off up weekly channel 3. Created higher highs on 2-4 hr time frame Entry: 1. Current price of 1.6418 (support area) 2. 1.6340 area at lower support area TP 1:...
See my prior trade idea linked below. Been trading this from the bottom of up weekly channel Great opportunity for a buy. Indicators. 1. Upwards weekly channel bounce at bottom creating a new high. 2. Weekly RSI in buy zone. 3. Broken Resistance area becoming new support. Entry: 1. Current price area of 1.8224 2. 1.7900 area for a deeper conservative...
EURNZD has been creating higher highs and higher lows. Look for opportunities to buy this up the the top of the weekly channel. Indicators: 1. Upward weekly channel 2. Higher highs 3. Weekly RSI in buy zone Entry: Wait for retest of past resistance, now new support @ 1.7570 area TP at next support levels. Good luck trading! Let me know how I can...
My previous analysis of EURNZD Sell entry was to wait for a daily bear candlestick formation. We have multiple bear candles below the downwards channel on the weekly. Entry: 1. Sell at retest of weekly downtrend line @ .8920 area. 2. Current price of 0.8863 area Indicators: 1. Pair currently trading in downwards channel acting as resistance. 2. Daily Uptrend...
Flag formation on EURAUD, watch for a breakout shortly today into London session. Please see my past ideas on EURAUD, this is a pair I will be buying up for the next few weeks. Indicators: 1. Weekly RSI in buy zone 2. Upwards weekly channel and a strong bounce from bottom of channel 3. Higher highs, higher lows created Entry 1. Bottom of Flag for aggressive...
AUDCAD bounced off top of channel as expected (see past AUDCAD idea linked). This trade profited over 100 pips. Waiting on a break of .9500 area and a close under it. This will confirm more selling to the bottom side. Indicators: 1. Weekly trend is still downwards. 2. Weekly RSI overbought, now in a strong sell zone Entry: Once we have a break of channel, sell...
Hi Friends! See EURUSD Weekly Sell idea linked below: We bounced off at monthly downtrend line and closed under it (profited 100 pips). Indicators: Wait for 1.1700 handle to break and close below (indicate seller power) Entry: Enter at retest of 1.1700 handle as new resistance level TP: 1.1500 area I recommend taking profits in 40-50 pip ranges to lower...
AUDACD has a nice Upward channel formation here for the last month. Indicators: 1. Weekly Stochastic RSI in sell zone 2. Daily Stochastic RSI about ready to be in sell zone. 3. Smaller time frames all in sell zone. Entry: 1. Current price area of 0.9670 2. Top of channel at 0.9700 area TP 1: 0.9600 TP 2: 0.9500 Good luck trading! Charles...
EURUSD has been going against techincals on lower time frames but monthly and weekly still points at a drop. Price currently at a past Resistance and monthly down trend line, which spans from 2008. I will be looking for a sell entry once we have a bearish daily and/or weekly candlestick below the monthly downtrend line. Stay tuned for a large sell opportunity...
See my last trades of this pair, been trading it since the bottom of the weekly channel. Since the last update and entry at 1.7250 area, pair is currently up 500 pips with lots more opportunity to go. Indicators: 1. Weekly upward channel holding and pair bounced off bottom of channel. 2. Weekly RSI in buy zone. 3. We are creating higher highs and higher...
See my prior analysis this week and comment on a potential upwards king's crown. Entered at past support area (red line) and pending buy at 1.6300 handle for potential right tip. Trade is up about 100 Pips right now. Target at next Resistance of 1.6560 handle. Will probably exit with profit and reenter on small time frames. Summer months are volatile so it's...
EURAUD setting up a nice King's Crown pattern, expecting a retrace them break out of consolidation range. Entry at right tip (right shoulder) 1.6270 area. TP at next Resistance of 1.6570 Good luck trading! Charles V CVFX Management www.cvfxmanagement.com @cvfxwealth
AUDJPY retested Resistance zone and looking for a corrective drop. Indicators: Pair is currently overbought and at a strong Resistance level. Weekly RSI in a strong sell zone Up trend line has broken, retested, and bounced off the back indicating downwards movement. Entry: 1. Current price area 2. Wait for retracement on shorter time frame at 75.80 area TP at...
GBP in Minor Support now.... just go becarefull I Like GBP.....The Manners of society is full of manners
in a Daily downtrend it is hit by the top of the channel in H4 and ready to sell! R:R --->2:1 have fun! sincerely yours #ezpips