Right now looking at wave correlation and current support levels + risk aversion ratios, I believe that AUDJPY is due for an entry and that this is roughly a low risk trade. I also think sentiment shows some continued support levels. That being said, everything I say is on an opinion based basis. Please proceed with caution and invest at your own risk. Do your own...
EURUSD has been climbing all last 2 weeks but extremely overbought. Pair has moved too fast and I expect a correction soon from the 1.1800 area. Entry: 1.1800 area TP 1 at past support 1.1420 area Short SL at 1.1850 to 1.1900 Good luck trading! Charles V www.cvfxmanagement.com @cvfxwealth Trading made simple
Right now looking at the correlations, and post-week price expectancies, I am currently betting long on the USDTRY pair and think it has some positive sentiment surrounding it. I also think the current neutral pattern is about to be broken quite soon. As always, everything I say is on an opinion based basis. Please do your own due diligence and please proceed at...
Right now, I am looking for a swing in which I have an entry that I will close within 5 days (as with many of my Forex trades), and I think I have found one with the AUDNZD pattern and current sentiment. I am doing an entry for this, and I see the bullish SMA showing some support w/ still some ways to go. That being said, everything I say is on an opinion based...
I'm bullish on an entry for the EURUSD pair that would be less than a five day hold. Right now, I think it is reaching the tip of the current bullish pattern but has some positive support to continue picking up the next few days. That being said, keep in mind that everything I say is on an opinion based basis. Please do your own due diligence and proceed with...
take profit 1 smashed 136 / 135 psychological levels in play i liked the RRR on shorts off the 136 handle
GBPCAD sell from 1.7100 area aiming for 1.6900 closes. Stops set at 1.71600 closes on H4.
GBPAUD bUY AT 1.80400 aim for 1.82000 stops set at 1.79200 on daily timeframe.
Lots of people seem to lack the patience to wait for the next wave in terms of continued bullish correlations. I been consistently shortening and trying to get back the dips, not being able to keep up with the market patterns in which you have seen overarching growth the past few days in general. Right now, I think as a hold, this may have a decent positive...
Right now, I'm confident enough for an entry for the USDMXN pair for the next positive wedge correlation pattern. I think it is going to start garnishing some more support and picking up momentum very soon, and the pattern seems there. As always, everything I say is not meant to be taken seriously and is on an opinion based basis. Please pursue at your own risk...
I think now at a small dip, might actually be good for a small time frame pattern to buy AUDCAD as an entry. Right now I'm bullish and think that it will go back up for support levels. That being said, it is mid risk. Everything I say is on an opinion based basis. Please do your own due diligence and pursue at your own risk. What I say isn't meant to be taken as...
FX:EURUSD EURUSD reached a fairly firm resistance on the 30min chart as seen in the chart. The resistance has been tested on 4 different occasions and prevented EURUSD from climbing higher. The potential target is 1.1415.
AUDJPY is Bullish - We look to Buy at 74.32 ▪️ Trading within a Bullish Channel formation. ▪️ We have a 50% Fibonacci pullback level of 74.23 from 73.30 to 75.16. ▪️ Bespoke support is located at 74.32. ▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 74.32, resulting in improved risk/reward. Stop: 73.95 ...
Invalid below 3115 Trade Safe
EURCHF buy at 1.07000 area aiming for 1.1000 closes. Stops set at 1.05500 closes on daily timeframe.
Gold is Bullish - We look to Buy at 1787 ▪️ Trading within a Bullish Channel formation. ▪️ Bespoke support is located at 1787. ▪️ We have a 50% Fibonacci pullback level of 1787.77 from 1757.49 to 1818.05. ▪️ The medium term bias remains bullish. ▪️ Preferred trade is to buy on dips. ▪️ Expect trading to remain mixed and volatile. Stop: 1780 Target1: 1820 ...
In my opinion, NZDUSD as a Forex pair is currently underrated. While it has some slight positive, there is higher bullish potential and a positive continuation wedge needing to be filled. I also think the bullishness will beat current resistance levels. Overall, I am a long. Please keep in mind everything I say is on an opinion based basis. Pursue at your own risk...
Gold is Bullish - We look to Buy at 1780.5 ▪️ Trading within a Bullish Channel formation. ▪️ Bespoke support is located at 1780.50. ▪️ There is scope for mild selling at the open but losses should be limited. ▪️ The medium term bias remains bullish. ▪️ Preferred trade is to buy on dips. ▪️ Expect trading to remain mixed and volatile. Stop: 1773 Target1: ...