ChartingFx

ChartingFx

The GBPUSD continued to rotate lower so far this week, entering the support zone between 1.3260 Here another influence is fibo 50% level. If price form a clear buy signal then go for buy position, otherwise stay in sideline. Happy Trading...!

ChartingFx Updated 

USDCAD consolidate on a upward channel in 240 minutes time frame. Price now in downtrend and this channel consider as flag. Either we can sell from the top of channel or wait for breakout the flag. Happy Trading...!

ChartingFx

GBPJPY broke 148 key level few days ago. I'm eagerly waiting for retest this level as a new support. Cheers...!

ChartingFx

CADJPY rallied a big move few days ago. By this rally this pair broke 88.90-89.50 important resistance zone, which turned support now. This level is also the neckline of H&S pattern on weekly chart. Wait for retest that level as a new support and price action signal on H4 or hourly time frame.

ChartingFx

GBPJPY creates head and shoulders pattern on 4 hour time frame. The size of the pattern is 350 pips. So after the neckline break our target will be 350 pips for profit taking. There is a thing what most of traders forget that head and shoulders pattern become valid after neckline break. Before neckline break it could make the pattern invalid. So always remember...

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GBPNZD price breaks 1.7950 level in daily and weekly candle. Resistance now tunrned into support. I'm waiting for a pullback in new support zone and a clear retest. Next Key resistance is 1.8850 Cheers Guys...!

ChartingFx

CADJPY formed ascending triangle pattern and the pattern breakout at upside. I'm waiting for a retest of broken pattern and bullish price action confirmation for long entry. I will keep updating the idea. Happy Trading...!

ChartingFx Updated 

EURGBP price already overbought. I just set a limit order on this pair. Hope for coming down after trigger. Please keep on mind that tomorrow Mario Draghi will give a speech and all the pairs of EURO will be volatile in that time. Sell limit 0.9225 Stop Loss 0.9300 take profit 0.90 Happy Trading...!

ChartingFx

EURCHF price forms Descending Triangle pattern on H4 chart. Watching for price action.

ChartingFx Updated 

Dollar Index now clearly at downtrend. In 4 hour chart price forms a continuation bearish flag pattern. I'm watching closely at major pair for trade. Happy Trading...!

ChartingFx Updated 

GBPJPY broke key support 142.5 and trendline support last week which now turned into resistance. Today price retest the new resistance. At this time we see a bearish pinbar at strong confluence level. Wait for today to close. If it closes as a bearish pin bar/rejection bar I will getting short on this pair. Happy Trading...!

ChartingFx Updated 

EURUSD now clearly at strong uptrend. In the short retrace period price left a bullish flag pattern. Price already break that pattern. I'm expecting to get some buy opportunity on this pair. Next key level is 1.2040 Happy Trading...!

ChartingFx

EURUSD just made a sharp rally few days ago. Clearly EURUSD now in uptrend. Price now in a upward channel. We are eagerly waiting to get the price at 1.1620 important zone based on monthly and weekly. Also price will get channel support there. Waiting for the price in that zone and price action buy confirmation. Cheers..!

ChartingFx Updated 

GBPUSD already creates multiple higher high and higher low, which indicates a clear uptrend. After new higher high now price approaching to create a higher low. We can see multiple confluence for next week in 1.2850 zone. - Horizontal support - Fibonacci 61.8% level - Trendline support I'm eagerly waiting for a bullish price action signal on that zone. Happy...

ChartingFx

Recently the daily trend of NZDUSD changed to uptrend. Price now at retrace mood. I already find a bullish flag on this pair. Few seconds ago I find another flag pattern inside that. You can get some pips in breaking of inside flag pattern. The pair resume uptrend when the main flag pattern break up. Cheers guys..!

ChartingFx Updated 

AUDUSD now in a clean uptrend on daily chart. Now it is retracement period. I just identify a flag formation on 4 hour chart which indicates further upside movement. Before that price can get some more deep retracement. Use price action signal for buy confirmation. Happy Trading...!

ChartingFx Updated 

USDJPY now in a downward channel. We expect the price in 108.30 level which is the key support for this pair now. From this level we can expect to go long and breakout of downward channel. Which is aimed for 114.45 level. Happy Trading...!

ChartingFx Updated 

EURUSD breaks the support of upward channel. I'm waiting for a retest to get myself short on this pair.