nzdusd is about to go long. It broke the resistance, has retested and will start to rise. i believe price will make it to atleast the previous high before retracing again.
4HR
The last week we can see how the uj got a nice
bullish momentum, right now we got a strong resistance
at 111.480.
Depends on the market news we possible can break the resistance or falling down.
I still got a trade (BE) running and hold it over the weekend.
My entry level was 110.54
I see that AUDUSD has had a heavy rejection from that resistance point channel and I want to see it go down back to that main support before moving any further down. SL @ 0.73504 TP 1 @ 0.72187
We have a possible scenario that USDCAD will be going up from that support line @ 1.29891 and we will have a nice bounce of 50 pips+ of profits. I will for sure keep this one updated.
EURUSD has finally made its pullback. I have taken a position at the yellow supply/demand zone. I am taking a tight loss and expecting eur to fall after FOMC.
Due to volatility of this asset, stop loss will be adjusted as the trade progresses.
Shorting USDTRY down to lower levels of structure given the large bearish weekly candle we have to work with and the expectation that this will continue correcting down towards the 5.25000 level.
Short entry at 5.97030
Trading involves risk, do not risk more than you can...
EURUSD has been extremely bearish this month and it is safe to assume that the trend will continue down unless proven otherwise. Price is retracing back to a key level around 1.1435 will retest that resisitance level and will continue its drop towards 1.12. Look for a test and retest of the zone and then go short on the next bearish engulfing candle close.
EURUSD is in a fairly obvious downtrend which is why to start off the week I am looking to see a slight movement up towards the 1.145 - 1.147 area at which point I will be identifying if a sell scenario is confirmed to go short for the week down towards 1.13.
There is a large amount of market structure at the 1.135 area so we could just see a continuation of the...
USDJPY Indicating further downside movement to come.
Considering a possible SUN/MON 'pop' up to 111 - 111.2 where I will be looking to sell with a maximum of 35 pip stop loss
Minimum of 3:1 Reward to Risk with targets between 110 and 109 :)
I am not (yet) a licensed financial adviser and this analysis does not constitute as financial advice. This is for...
This week has been incredibly volatile for Cryptocurrency and has continued to be BEARISH overall.
The possibility of seeing XRPUSD hit 30 cents was completed today
The possibility of seeing ETHUSD hit 300 is nearly there
When you look at the strength and momentum of downside movement on those two assets, you can clearly see they are moving differently than BTC...
4HR
After EU broke the key level of 1.1640
we bounce again between the 1.1540-1.1640
i will wait for a touch of the support area before i enter a trade
however EU looking bearish
4HR
Just want to show you guys my trade i entered the last couple days in Vietnam on (13.07.18)
Im back in Germnay right now and the trade ist still swinging
Entered this after a nice retracement on the 1.164 with a decent stop loss
moved my SL in profit already
my target are 70 pips, i belief we gonna hit the 1.173
USDCAD is hitting a very very strong trendline that has held for Weeks. After seeing the very bulling pin bars on the previous support at the higher low, i believe that a large number of buyers will enter here just like the last touch, but rather than be skiddish, this pair is going to shoot right back up to the 1.33 levels and retest that resistance. From...
usdjpy could continue to the upside if we see a push past this monthly resistance. if it closes above the line, wait for a second retest, bullish engulfing candle close, and then enjoy the ride on the rocketship all the way to the moon.
