FrederickFX

FrederickFX

possible set-up playing out. Bullish engulfing pattern setting up on the 1Hr Chart aswell.

FrederickFX

Looking at this previous resistance level, that can possibly act as resistance now.

FrederickFX

Heading towards a Major resistance level.

FrederickFX

Buy Stop Order

FrederickFX Updated 

The trend speaks for itself.

FrederickFX

testing of support on 50 EMA coming up< waiting for Bullish Conformation Candle in the green zone, follow the trend.

FrederickFX

Double bottom formed on the 15min Chart. Respecting Moving Avg's. follow the trend. Entry {15Min Green Candle Close} Stop 1.07644 TP1 1.08371 TP2 1.08808

FrederickFX

Follow the trend

FrederickFX

As you see, the audcad is reaching anonther previous resistance and support level, will have to see if it breaks resistance, then I will look at where the other resistance points are to look for a take profit, or wait for a double top set up for a short.

FrederickFX

Set up for another chance on the USDZAR, Lower Low, and a Double top set up on the 30min. what do you guys think? whatsapp: +27 78 864 5409

FrederickFX Updated 

If trend holds, after the "double top" we have just seen at 19:45 GMT+2, we could see a NICE drop down to 14.00200. PLEASE LET ME KNOW WHAT YOU THINK? Whatsapp: +27 78 864 5409