GBPUSD is going up for a retracement and we expect it to fall down afterwards to continue our downtrend Trade safe.
NZDCAD has reached the top of the trendline and we expect it to fall for around 5-8k pips
Risk 150 pips For 700 pips Money management to ride this.
we will be nice short setup in gbpjpy in upcoming week , best of Luck !
I think the price is going down because it´s reaching an important Fibonacci level (50% in this case), plus the 50% represents a support/resistance zone, plus, the price is forming a flag pattern, and the primary trend (daily) is an uptrend.
Looking at the chart on Bitfinex from June 28th, 2018, the price has been bouncing off the same support line, that has kept the rate above $6000 for three months. This price support won't necessarily mean accumulation lets not assume this but look at the wave movements when the price hits this support line. We observe that there are three noticeable waves which I...
quick analysis of AUDCAD to begin my day, from my analysis i feel like AUDCAD will have strong momentum on the downside
AUD/JPY looking great for a sell, watching a squeeze before a break down lower. trade smart not often.
Hey guys, Another idea (probably the last one) for today. Please check out my other ideas (links below) and comment/like if you do appreciate my ideas. Best, Jesse
Possible long term short, with a potential short term buy
I would like to see price to exit the channel testing the 9250 level and then retrace back up. I have identified previous areas on divergence within the rsi using the red vertical lines. Feel free to comment any thoughts or ideas & follow if agree.
CHFJPY looking good to entry short, looking at the ascending triangle price has been respecting the horizontal lines perfectly and now it's time to break to the downside of the triangle. Looking at news on the JPY as a catalyst of this breakout. Goodluck!
1. Broken trend 2. retesting support into resistance 3. lower low 4. major move lower expected
Hey guys, If prices break the trend line I will short the pair to the target mentioned. Entry: 89.100 Target: 88.710 Cheers Jesse
the pair is looking is looking to sell off as hitting major resistance at the 618fib.