Looking at the Eur/Usd now it seems like it might be setting up for an inverted H/S pattern but things can still change as we head into the NFP tomorrow. Surely something to keep an eye on in the coming week. Watching 1.1840-1.1500 for further development
Watch the pair carefully around 0.9940. A break and close above that area will resume the trend. On the other side for a deeper correction 0.9890 area holds the key if the price fails to hold above it heading into the NFP. A close below the area will set the pair up for a deeper downside corrective move
Looking to short USD/CHF on Pullback, price has broken out of structure and may likely continue to fall leading to shorting opportunities
Looking for long opportunities on GBPUSD post Channel breakout.
EUR/USD just might be setting up for a H/S pattern... Keep an eye out for this
Looking for longs at the bottom of the channel.Hoping for a push upwards this week.Looking for buying opportunities on smaller time frames.
Okay so from a risk reward perspective buying around 109.20 with stops under 108.70 should make for an awesome trading but lets say we breakout of out of the wedge early on here's how you take advantage of it.You go long once the breakout is confirmed and the there is enough enough evidence for upside continuation i.e Candlestick pattern or you can look for a flag...
We are trading inside a falling wedge, wait for a breakout for the next move.
lOOKING TO GO LONG AROUND 1.3144 WITH STOPS UNDER 1.3048 WITH TARGETS @ 1.3320-1.3430
Hey guys....haven't been on Trading view for a while now.So I noticed a really setup for POUND/GREENBACK.Check it out We have a double top formation.Those who got in at the top, well done !! Those who didn't, not to worry I have a nice setup for u guys.Now the short term target for that Double top on the chart is the 1.2800 mark so sellers will likely look to...
We are trading into the resistance.We have the indecision candle plus an inside bar..... Which shows lack of motivation to continue higher and formation of range under highs and lows of the indecision bar.Which forming around the resistance signifies a potential change in trend ahead.So here's the setup short the pair with stops above 148.60 and targets @ 145.70 & 143.80
Enter now and Set a stop around or above 89.90 and Targets are 86.40 & 85.20 ( short term) and Medium term we look for 84.00 & 80.80 Drop a comment and let me know what you think also follow me for more setups and make sure you hit thumbs up if you like what you see.Happy trading. Update idea
I am telling you, This week there is no better setup to take and trade on than this.I am keeping a stop of around a 100 pips or slightly more on this and the reason I am shorting it is in front of your eyes.It's a beautiful level and the risk to reward seems just perfect so here's the deal.Enter now and Set a stop around or above 89.90 and Targets are 86.40 &...