AzaraFx

AzaraFx Updated 

On the daily chart, the pair is at an important area of support. A strong indication of a reversal is imminent with a double bottom highly likely. As such I anticipate a bounce off the trendline once the retest is complete to also form an inverse head & shoulders on the 4H chart. This is a swing trade with a risk-reward ratio of 1:12.36. So GBPNZD LONG: SL:...

AzaraFx Updated 

I anticipate that price will bounce off the short upwards trendline on the daily chart. The US Dollar Currency Index shows a strong inclination to support USDCHF long prediction as it's also moving in quite a similar direction. Entered trade at 0.93870 A risk-reward ratio of 1:7.89 SL: 0.93540 (-49.1 pip risk) TP: 0.95326 TP2: 0.96708 TP3: 0.97905 It should be...

AzaraFx Updated 

Based on my analysis, I anticipate price to bounce off the trendline to trade within the ascending channel and head upwards. I've already entered the trade at 1.06400 right after completion of the retest on the 1H chart. Risk reward ratio: 1:7.9 (Swing trade) SL: 1.06147 (-36.2 pip ris) TP1: 1.07467 TP2: 1.08210 TP3: 1.08816 TP4: 1.09368 Let me know what...

AzaraFx Updated 

CADJPY SHORT TRADE: SL @ 81.361 TP1: 79.556 TP2: 78.026