Hey Traders! Maybe a 30 pip buy till the daily resistance if broken then we would see trade go further, pretty good not perfect.
Hey Traders! USDCAD has been in this channel for a while, we just need a candlestick confirmation to enter the trade long, look for entry maybe on the 1h timeframe, if good price action you could enter and aim for the channel top to max pip gains.
Hey Traders! Overall market direction is bullish and there is still space for movement about 60 pips before we reach higher timeframe sensitivity, if that breaks we reach further highs if not you bank 60 pips.
Hey Traders! I believe we can double down on AUDUSD with a different entry, nice little double flat top squeeze into a recent bearish engulfing candlestick closure does look like it's going to re-test the previous bottom level, if broken it should re-test the higher timeframe support, I then expect a bounce and continuation bearish movement for further profits.
Hey Traders! Multiple timeframe trend is bullish, also on a higher timeframe channel, recently broke past the resistance, maybe a pullback to the moving averages could be expected if more bullish pressure shows could be a better entry opportunity, but it also recently crossed an important level zone on the 4h which does suggest continuation movement to the...
Hey Traders! The market is showing a strong bearish trend on the higher time frames, with price action surpassing the weekly MA 20. The daily charts are also indicating a downward trend, with price trending below all moving averages and headed towards breaking below MA 100. This indicates a strong possibility of a further drop, particularly given the positive...
Hello Traders! Hey everyone Initial jobless claims came out positive for the US dollar, we should see a continuation push towards the upside inside the bullish channel, we are covering the two moving averages and are in favourable position to re-test top, potentially even break into a new high for further profit. This trade becomes ideal if we get a 4h bullish...
Hey Traders! This pair shows strong bearish market moves. On the weekly chart, the price is moving between the MAs, and it has broken out of the daily channel. On the 4-hour time frame, we can see that the price formed a bearish engulfing candlestick and broke past all of the moving averages, including MA 200. This is a great confirmation from a higher time...
Hey Traders! I believe we have a good shot for some more bullish pressure, we are still in this bullish channel, CAD GDP came out with negative numbers we should see CAD losing strength, against dollar. We haven't broken yet the 1h 50 moving average if we do this trade becomes from good to great, otherwise, a stronger pullback could happen 🔥 ✅
Hey Traders! 🔻Potential SELL setup for: AUDCHF 👨💻 Technical: Strong channel down, bearish engulfing candlestick developed and making new lows, does suggest further continuation of bearish pressure. 🎯 For an ideal entry: You could risk and enter now, or ideally wait for a pullback back to the moving averages and look to enter there, giving you a great risk...
Hey Traders! New 4h hour low with a bearish engulfing candlestick does suggest further bearish momentum, overall direction is also bearish, a clear direction towards the daily or weekly support which is around 120+ pips, if broken then take profit 3. 🔥 ✅
Hello Traders! 🔻Potential BUY setup for: USDCAD 👨💻 Technical: Trending up nicely on all timeframes, currently on a bullish channel if the news does not affect USD too much I expect a continuation to re-test previous higher timeframe resistance levels. 🎯 For an ideal entry: Best scenario if it manages to pullback to the ma's nicely and start showing bulls...
Hello Traders! 🔻Potential SELL setup for: EURUSD 👨💻 Technical: Okay so a pullback is definitely happening, however it could bounce off the 20 moving average rather then top of the channel, so it touches MA you could look for entry if you get a candlestick confirmation. 🎯 For an ideal entry: I still believe the ideal entry would be somewhere in between two...
Hey Traders! NZDCHF seems pretty bearish at the moment, overall direction is down, and likely going to re-test the previous bottom level that's about 30 pips, but if the pair manage to break the daily support, we will see this pair plummet further.
Hey Traders! Recently EURUSD has been very bearish and we bank a significant amount of pips already, however, we are approaching a daily support zone, it also is likely to bounce of the 4h channel, I expect some bullish pressure there to push the market back up towards our moving averages. If and once that happens we can look for a selling opportunity with any...
Hello Traders! Enter this only if the pair pulls back to the moving averages and gives you a bearish engulfing candlestick/shooting star confirmation to enter. Otherwise, if support is broken ignore this trading idea, because it becomes invalid.
Hey Traders! I believe EURJPY has a good chance to go up to re-test previous top level, if broken we should see this trade trend further.
Hello Traders! USDCAD has recently broken a important daily trend and now gave us a bullish engulfing candlestick on the 4h timeframe. The main risk is the pair has been very bullish recently so exhaustion is likely, maybe taking this trade on a pullback down, and making sure your stoploss covers the 2 moving averages would be better.