Note: This pair already break the current support zone at 112.x area. Recently there is a pullback sit on support zone and a bullish signal appeared! It is a 2B Reversal. We are BULLISH on this pair There are 2 ways to trade: 1. Long this trade now with R/R of 1:1 for TP1 a nd R/R of 1:2.8 for TP2. Or can use H4 or H1 chart to buy at dip 2. Wait the price...
Crude Oil is trying its 2nd attempt to break the resistance zone. There are 3 possibilities here: 1. If it break the resistance zone, wait for PB to the resistance zone and a bullish signal to long. 2. Eventually, it might form consolidation near the resistance zone. If breakout, can directly long 3. If there are 2-3 "2 BARS REVERSAL" to trigger the BEARISH...
Note: Potential Trading in the Range In H4 chart, it is quite bearish recently and GBP/NZD move up and touched the 20-EMA. We see a possibility that the price might drop further to the support zone. If this scenario happen, we will wait another bullish signal around support zone to call for a BUY :) Caution: BOE's official bank rate on Thursday which might...
Note: Is is a TURN Setup or Reversal Trade The trend now turn to BEARISH There are 2 ways to short this pair 1. If the price break the support zone around 0.979x strongly, wait for pullback to the support zone and SHORT 2. If the price bounce back from support zone around 0.979x Wait it touch the 20-EMA and short when a bearish signal appeared...
A good swing setup shows on USD/SGD Pair. 1. Overall trend is still bullish on USD 2. The price touched on 20-EMA and bounce back strongly from that,a good signal to long. 3. The price also bounce back from the support level at 1.416x EP: 1.42417 SL: 1.41438 TP1: 1.43289 TP2: 1.44242
-GBP/JPY manages to break the previous support zone strongly. -There is less resistance on the upside. -Risk to Reward Ratio is 1:2 We are bullish on this trade. EP: 145.486 SL: 141.841 TP: 153.625 Btw, this trade got little positive swap :)
Finally, GBP/NZD pair breaks the resistance zone strongly. In H4 Chart, there is a corrective pullback sit well on the previsous resistance zone. It will be a great trade to long when there is a strong bullish bar appears as a signal to entry :) It will be a less risk with huge potential return trade :)
A potential good swing setup. After recent bullish trend, there is 1 pull back bar and followed by a bullish pin bar. Good to entry with R/R of 1:2 EP: 1.01557 SL: 1.00646 TP: 1.03050
Bullish Bat Pattern within Trend with potential double bottom For further confirmation wait for close of 4 h candle and a potential double bottom. Stops below X. Targets are 38,2 % and 61,8 % retracements as shown on the chart. TRADE YOUR PLAN! Peace. Felix Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl
If the crude oil price continues with the trend, there is high chance that it will manage to break the resistance zone. After breaking, wait for pull back and long. It will be a 1:3 risk to reward trade.
We see the price of crude oil spike last week due to OPEC decided to cut 1.2m crude oil daily production. If the trend continues, we do see the strength of CAD. Caution on the BOC Rate Statement on Wednesday which might influence the movement of this trade significantly. Technically, if the price able to break the support zone, we will call a short for it!
Our previous analysis on shorting EUR/GBP was correct. Now, we need to pay attention to this support zone. If the price manage to break the support zone with strong strength, wait for pullback and short for it :)
We have 2 options for this trade: Plan A: Waiting for 1-2 more bearish signals to short High Risk to Reward Ratio Plan B: Continue with the trend The price breaks the resistance zone, wait for pullback and go for long :)
Hi Traders, hope you have a good weekend. This is how we view the current structure developing and potentially it could develop into a much complex correction. No matter how, Look for selling opportunity instead, it will give you a higher probability trade and better risk to reward. Thank you. Enjoy your weekend.
AUD/CHF is trading in the range between the resistance and support zone indicated. In recent times, the price is trading in a downward channel. The price is approaching the resistance zone and the upper side of the downward trendline. We see the recent candlestick as a bearish pin bar. If the bullish trend still remain strong, don't bother to entry as the...
Gold continues moving downward. There is a significant support line near 1183 level. Only if it breaks the support line strongly, we will look for chance to short. Either short directly or short after weak pull back. Trade safely with proper risk management skill :)
Overall Downward Trend. After the price pull back 2 days, here we see a strong bearish bar as a good signal to short now. EP: 0.73950 SL: 0.75049 TP: 71850
A potential Head & Shoulders Pattern appeared. If the price breaks the support zone near 0.70xx, look for any pullback to short this pair. It will be a high risk to reward ratio pair of 1:3! Remember to trade with proper risk management.