Hello Traders! A recent bearish engulfing candlestick and a strong rejection with at the moment, shows that bearish pressure is still here to stay, after shaky US news data it looks like the trend direction won't likely change, which means the pair should keep a stable trend towards the downside.
Hello Traders! CADJPY - could be a good buy opportunity, the overall bias is bullish, we do have a squeeze at the moment, but I believe the bullish momentum will take this trade further, and once it breaks the resistance this trade has huge potentiall to go much higher. Obviously you can wait for a break of resistance and a pullback which would be a even more...
Hello Traders! US dollar data came out, position initial claims, however GDP is negative since we have a positive & negative and the overall direction of the trade is bearish, I don't see it switching direction too much, and after the news hype, I believe it will continue to drop down to re-test previous low.
Hey everyone due to FOMC later today markets are not moving as much as not giving a clear indication of direction, this is usually due to news anticipation and everyone wants to see a clear trend before they react, so AUDCHF was pretty much the only choice on the table, it broke the neckline of a head and shoulders pattern, broke the previous support and now...
Hey Traders! Everything is trending up nicely, a rejection to the moving averages and not forming a bullish engulfing candlestick, if this manages to close bullish then we can definitely enter trade long to re-test top level, if broken then it should head much further. I like the idea, just wait for closure before entry:)
Hey Traders! 👨💻 Technical: If we manage to break the up-trend and have a push exhaustion scenario, with a bearish engulfing candlestick as confirmation to go short, this trade would do great! :) 🎯 For an ideal entry: Wait for a push exhaustion cycle to happen, enter on completion of exhaustion. ONLY ENTER IF IT BREAKS OTHERWISE NO ENTRY.
Hey Traders! NEWS COMING UP SOON IN 15-30 Min so this could change and react accordingly. 👨💻 Technical: Trending toward the upside nicely, however, we have a downtrend, if we manage to break it and have a push exhaustion cycle this could be a good way to enter the trade for a good RR. You could also risk a short-term trade and trade the 20-30 pips space for...
Hey everyone, eurnzd looks like a nice buy to re-test the previous top level, everything seems to be trending towards the upside on the higher timeframes. We had a daily resistance broken hence the horizontal line crossing stoploss. We still have not yet crossed the 1h 50 ma line, once this is crossed this trade becomes very bullish. 📈❤️
Hey Traders! If moving average of 20 is broken you could potentially look to long this position, everything trending towards the upside besides the 1h timeframe, if that breaks this could make this trade super good, for a nice re-test the previous area top. P.S if no break then no entry
Hello Traders! 👨💻 Technical: Similar scenario to EURUSD we had a nice shooting star close on the 4h and a nice push exhaustion cycle near the moving averages, but is that enough? well we still have not broken the 1h MA's which would make this trade from good to great, so we need to be careful about that. We also have a strong area of support market with a red...
Hey Traders! 🔻Potential SELL setup for: EURUSD 👨💻Technical: Candlesticks are near moving averages, should be a good turning point for the trade, however the 1h has not yet crossed them, so you might want to wait for that to happen before you enter, we also broken daily trendline with a push exhaustion cycle finally complete, recent shooting star on the 4h does...
Hey Traders! A nice push towards the downside broke past the moving averages and came back in, but typically this only means a push exhaustion scenario and a continuation push towards the downside, we already had a break off 200 ma on the 12hourly so likely the daily will follow, I believe this trade currently has around 30 pips profit gain, but once broken the...
Hello Traders! All timeframes are trending towards the downside, swiss is a more dominant currency overall against the kiwi. We do have a fairly strong support level nearby around 20-30 pips so make sure to bank some profits as usual once reached, if the bears manage to break the support this should continue dropping much further basing on the higher timeframe analysis.
Hey Traders! Just wanted to update you on the progress NZD/USD is making and I believe there is still space for profit until it reaches the daily support. Once support reaches there will likely be a pullback towards the MA's so once that happens close off a portion of a trade, and once another candlestick confirmation happens preferably, in between the MA's...
Hey Traders! 👨💻Technical: USDJPY has found a lot of buying power, however we are approaching the weekly moving average support, and we are currently on a daily resistance level, this tells me that if sellers are going to be anywhere, they would be around this area zone, this should definitely start some bearish momentum, which could make it pullback to the 4h...
Hey Traders! We are still waiting for EURUSD To budge and break the support level, once that is broken, we want to wait for exhaustion back to previous area of sensitivity, get a confirmation candlestick and enter the trade!:) You always enter the trade with my team, to not miss out on the trading opportunity.
Hey Traders! Daily M formation and a neckline break with a pullback suggest a continuation move toward the downside, 50 pips until first pullback, if that support breaks we will go lower.
Hey Traders! okay I expect this trade to re-test 1.34650~ level, so logically bank some profits there, if that is broken we will see further push towards the upside to the daily downtrend, if that breaks its take profit 3 babyyyy 👉USDCAD @1.3422~ BUY 📍 SL - 1.3342 💰 TP1 - 1.3442 💰 TP2 - 1.3482 💰 TP3 - 1.3582