Introducing and explaining the reasons and features of the new Viper Indicator.
It's designed for the beginner and advanced trader to help quickly identify Trend trades.
So that you can quickly and easily take advantage of trending market movements.
Giving a chart analysis of EurAud and what a possible pullback monday and then drop back into trend could look like this week for this pair.
Remember for this trade idea to activate look for entries on 15min chart and be patient and get extra confirmation that the pullback is over.
There is a lot of possible pips on this drop so be patient can still give huge reward.
GBPAUD looks to be returning to it's downtrend looking to take it back to a double bottom from a few last week.
Trade carefully in these markets as they are volatile and can change quickly due to geopolitical risk. only risk 3% max and secure profits as you go.
GbpJpy is in a nice uptrend and we are looking for it to create a double top from Oct 2021 and to at least hit the Jan 11th highs. giving a little extra room for it to run there is a 60 pip stop loss so a 0.01 per $200 in your account is ideal.
trade setup look for 15min candle to break and close above 156.531 and the green supertrend to activate.
We have a ton of selling pressure so it is my suggestion to look for sells right now, if this breaks tp2 I will be looking for target 3 if not before I can think buys i would need to see a cross and close on a 15m candle above the pink dotted lines. Until then any pullbacks are selling opportunities. These markets are extremely volatile and Q3 is ending negative...
It has fallen quite a bit last two days so we could get a bounce from this strong support. But a clear break of this support and we have a great down trade. Take profit at 20 - 25 pips only risk 3% and once 20 pips into profit move stop loss to breakeven for a risk free trade.
Looking for DXY to hit yearly high and pullback. Usdcad setting up to break small support area and backfill gap down with possible bigger fall to two key support areas wait for 15min body of candle to break and take tp1 20 to 25 pips. Then move stop loss to breakeven and enjoy risk free trade.
Possible EurAud Buy please read notes below
Only risk 3%, this is a possible fill displacement trade.
Move Stop loss to break even after tp1 hits.
after this trade fills this trade is invalidated.
***Demo Trade Only***
I'm Buying EurNzd
Please do not risk more than 3%.
Enter on a 15min candle break and close above entry
price and once tp1 hits move stop loss to breakeven
to enjoy risk free trades on tp2 and 3