OGFXTRADER

OGFXTRADER Updated 

In the realm of H1, price action was able to manage the breakout of the rising trendline. Generally speaking, the pair has been trading sideways, forming a channel in H4 but under a clear bearish momentum in D1. A sell-limit entry can be placed. In case the pullback can trigger it before continuing its downtrend momentum. The following setup has enough room for...

OGFXTRADER Updated 

Bulls' rally of the Eur vs. the GBP, price action has encountered some resistance at the 200MA as expected. In case the uptrend momentum can continue its bullish bias, a buy-stop entry is placed above the SMA, which is working as a dynamic resistance onto the price action. A second buy entry (as limit) can work right at the support line form the uprising channel....

OGFXTRADER Updated 

A countertrend trade, for a sell-stop entry after the formation of a tweezer top candle bars at a supply zone. Expecting a healthy correction with the Euro who has been in a clear rally since last week. The setup allows a decent R:R | 1:3 with an S/L for 95 pips and target right at the support level.

OGFXTRADER Updated 

After retesting the support level that wasn't broken and the bullishness with MACD, the setup for a long entry with a buy-limit order is placed. The target level projected for this entry gives enough room to target an R:R | 1:2 with an S/L: 101 pips.

OGFXTRADER Updated 

Overextended price after long rally with the NZD, and candles confirmation for trend fatigue allows placing a sell-stop order with entry right one pip below the lowes bearish candle. In the realm of D1 a precise bearish pin bar is forming at an exciting level, with a clear MACD divergence in place as additional confirmation A sell-stop entry gives enough room...

OGFXTRADER Updated 

Strong bearish pin bar forming at a resistance level in the realm of D1, together with a clear divergence with MACD, gives sufficient confirmation for a correction of the bullish momentum. A sell-limit entry in H4 is placed expecting price action to trigger order after a small pullback before continuing the downtrend. The setup for this entry is as follow: S/L:...

OGFXTRADER Updated 

Although USD has been under intense seller pressure, this pair is showing some signals for a bearish EUR for a healthy correction allowing the price action to breathe after a long uptrend rally. Price action shows evident fatigue from the uptrend, together with clear and strong bearish divergence signaled by MACD. A sell-stop entry gives enough room to target...

OGFXTRADER Updated 

Although DXY has been losing its grip keeping the USD weak across the board, USDCAD price action looks overextended, where a healthy correction might occur, giving the trade setup for a buy-stop entry. A bullish divergence with MACD gives the edge to place the long entry, with enough room to target an R:R | 1:2, S/L: 52 pips. The target T/P right at the Fibonacci...

OGFXTRADER Updated 

Although this entry is in a bearish correlation with my short GBPNZD, the British pound keeps trending lower. Expecting that price action tests back the secure demand zone for an uptrend continuation, supported by MACD bullishness for a long entry. The setup allows a decent R:R | 1:2 with an S/L fro 24 pips and target right at the next resistance level with a...

OGFXTRADER Updated 

With price action trading within a rising channel under bearish pressure, the high probability of a breakout under seller pressure is more likely. With a sell-stop entry to get into the trade will do the work in case the breakout happens. In H1 is noted the strong double top formed by the price action, together with a bearish MACD, to give some support to the...

OGFXTRADER Updated 

The yellow metal was able to regain a part of yesterday's losses amid rising political tensions between the US and China. Closing with a clear bullish pin bar above the support level at 1,700$ handle. Price currently trading below the 18EMA. If the price can manage and trade above the 18EMA, it will be able to enter the market with a buy-stop order. Although MACD...

OGFXTRADER Updated 

Although price action is currently testing the upper line from the flag formation acting a resistance for the price compression, we could be in the proximity of a new bullish bias for the father of all cryptos. The spotted hidden divergence for a trend continuation together with MACD about to form a cross-buy signal with a clear diminishing bearish bias, along...

OGFXTRADER Updated 

After the bullish rally in the pair, a correction should come. Now, expecting price action pullback to trigger buy-limit order, allowing the setup to claim profit right at the next resistance level with the R:R | 1:2 Price action has been bouncing from the 50EMA, so the 3rd bounce is the charm. In the D1 timeframe, the price has been bullish, finding resistance...

OGFXTRADER Updated 

A diminished bearish momentum with the EUR can be spotted. On the one hand, the double bottom is created at the support level, and the bullish divergence from the MACD gives enough confirmation for a long entry. For this setup, a buy-stop position will do as if the price doesn't pullback; it can keep its bearishness without any damage. But on the contrary, if the...

OGFXTRADER Updated 

Although USD has been under intense sellers pressure, this pair is showing some signals for a correction for a bearish NZD. Price action shows evident fatigue from the uptrend, together with the bearish divergence signaled by MACD. A sell-stop entry gives enough room to target an R:R|1:2, targeting the previous resistance level as a great magnet for the price...

OGFXTRADER

With Swiss Franc showing some fatigue after the bullish rally, a buy-limit order right at the key support level from D1 could bring an excellent opportunity for a long trade with the used R:R | 1:2. With an E/P right at the support level happening accompanying with the 18 EMA as a bounce strategy, S/L for 50 pips with a T/P setting in the next supply zone. In...

OGFXTRADER Updated 

Expecting correction to 6.81 Fibonacci level for a buy-limit entry, right at the clear demand zone. MACD is also showing a strong bullish bias. Fundamentally speaking, it was expected a diminished EUR after the dovish report from the ECB. However, despite the odds, the currency is trading higher, where the major pair EURUSD has broken its channel of consolidation...

OGFXTRADER Updated 

With price action trading within an uprising channel, a buy-limit order above the bullish pin bar, this pin bar candle happened right above the EMA as dynamic price support and strong seller rejection. The uptrend continuation is also spotted by MACD, showing some bullish momentum to support the trend. S/L: 38 pip & R:R | 1:2