hi everyone! USDJPY is near its resistance zone, in line with the 78.6% retracement where we could see a reversal here. Stop loss is placed slightly above the recent high with the first take profit target at the recent low, in line with the ascending trend line. Following the break below the first take profit target, we could see a further downside to our lower...
Hi everyone! Prices are pulling back to test its resistance zone at 78.676, in line with the 78.6% retracement where we could see a reversal here. Once prices reach the first take profit target which is also the support zone at 78.450, we will close out half the position and shift our stop loss to break even. What are your thoughts on this trade?
Hi everyone, NZDJPY is seeing a pullback to test resistance here and we could see a drop at this level, in line with the 78.6% retracement. What are your thoughts on this setup?
Hi everyone, prices are testing support now, in line with our 61.8% retracement and we could see a bounce from here. Stop loss is placed below the previous low and take profit targets are based off the fibonacci retracements.
Hi everyone, gold prices could see a pullback to test our entry in line with the 61.8% retracement before a bounce. Our stop loss is placed slightly below the previous spike with partial take profits along the way. The final take profit is at the 61.8% retracement from the daily time frame.
Hi everyone! EURCAD broke out of its descending trend line and right now we could see a pullback to test our entry. We placed our entry at the 61.8% fibonacci retracement, stop loss below the recent low. The take profit targets are based off the recent high and -27.2% retracement as the second target. What are your thoughts on EURCAD?
Hi everyone! Looking to play a small bounce on AUDJPY here, in line with our bullish view on the bigger time frames. On the daily time frame, prices are holding above the ascending trend line and we could see a further upside from here. When we look at the H4 time frame, prices are testing the 78.6% retracement as well where we saw a slight bounce above this...
Hello everybody! prices are reversing nicely off the daily resistance in line with the descending trend line and we are seeing a further drop here. On the M15, we are seeing a break of structure as well and a pullback to test resistance before further downside. Stop loss is based off the previous high and take profit target is based off the previous low. Love to...
Hello everyone! Seeing bearish momentum on XAUUSD here, prices could see a pullback to test the entry which is in line with the 78.6% Fibonacci confluence levels. In terms of market structure, the support area is broken and we could see a short term drop here. Trade ideas posted here daily, follow for the latest updates. If you have any views on the currencies...
Hello everyone! Seeing a trend reversal on EURCAD here, on the H1, prices could see a pullback to test the entry which is in line with the 78.6% Fibonacci confluence levels where we could see a bounce here. On the daily and H4 time frame, in terms of market structure, the resistance zones have been broken. I think we could be seeing a lot more upside on EURCAD...
Hey everyone! Prices are testing resistance in line with 78.6% retracement and extension where we could see a reversal here. Overall direction for me on the bigger time frame is still bullish, playing the pullback here. What are your thoughts on EURCAD?
Hello everyone! Seeing bearish momentum on EURUSD here, prices could see a pullback to test the entry which is in line with the 78.6% Fibonacci confluence levels and descending trend line. In terms of market structure, the support area is broken and we could see a short term drop here. Trade ideas posted here daily, follow for the latest updates. If you have any...
Price is sitting on a key support in line with the ascending trend line and 61.8% retracement where we could see a bounce from here.
EURJPY is facing bearish pressure here with our entry at 78.6% retracement and descending trend line, playing a drop to the next support level at 133.671 and 133.550. Ideas are posted here on a daily basis!
Prices are facing bearish pressure from resistance in line with the 61.8% fibonacci retracement and broke the previous low as well. We could see a test of the sell entry before a further drop here. Next key level to watch would be at the 109.50 area in line with the 78.6% fibonacci retracement. What are your thoughts on USDJPY? Love to hear them!
EURNZD prices are approaching key support area and 61.8% retracement and could see a further upside here.
Gold prices are sitting on key support area and 61.8% retracement and could see a further upside here. Relevant Key Levels Resistance: 1787.00 Support: 1728.00 - 1733.00, 1708.00