faiz16

faiz16 Updated 

Dear fellas, I've been following JP225USD for a while and it has just bounced off strong resistance around 28350 and it has formed a very clear H&S pattern. This is a high probability trade with a small risk. SL should ideally be above Head (28500). Target: 26760 SL: 28550 Good Luck and trade safe!

faiz16 Updated 

UK100 has touched the top of an uptrend channel and has already reversed towards the bottom of this channel around 7000. RSI is in the overbought region too to support this. Good Luck!

faiz16 Updated 

A very good opportunity to enter short on EURJPY. Double Top and currently struggling to break through the strong resistance. It already broke the support and retested it. Will wait & see the price action and open trade once downtrend is developed. SL: 131.00 TP1: 129.50 TP2: 128.35 Good Luck and trade safe!

faiz16

Oil is about to fall all the way to 70 with further downside in the long run. TP1: 70.00 TP2: 65.00 Good Luck and Trade Safe!

faiz16

Rebounded off strong support. Doji formed followed by a bullish candle. TP1: 16.50 TP2: 20.70 SL: Below the wicks @ 14.00 Good Luck and Trade Safe!

faiz16

Rebounded off strong resistance and downtrend should begin. TP1: 69.90 TP2: 65.75 SL: 73.20 or as per your analysis and risk assessment. Good Luck and Trade Safe!

faiz16 Updated 

Chart is self-explanatory. Potential target: 1.7142 SL as per your risk assessment but I will go for 1.7750 right above the resistance line. Good Luck & Trade Safe!

faiz16 Updated 

As per my analysis back in Dec 2016, Gold was hovering at strong support that dates back all the way to 2006. It has again reached that very same support and there's a high probability of an uptrend from here onwards towards a target of 1350 for now. RSI was not as heavily oversold in Dec 2016 as it is now. Please refer to my previous chart: Please ensure to...

faiz16

SL: 1.2710 TP: 1.3100 RSI: Oversold on 4H and D chart. Stoch: Crossover has also occurred, Reversal can be seen too off the support line. Good Luck!

faiz16

SL: 1.2710 TP: 1.3100 RSI: Oversold on 4H and D chart. Stoch: Crossover has also occurred, Reversal can be seen too off the support line. Good Luck!

faiz16 Updated 

Momentum has slowed down and downward pressure visible on 15M. Perfect time to sell it. Good Luck!

faiz16 Updated 

It looks like it has reversed from the strong support we have as per chart and RSI indicates oversold. Stop loss below 29 seems a safer option and uptrend will be quite strong. It can go up as high as 32 for now. Good luck and stay safe!

faiz16

Based on my analysis the price should start going up to a target of 9.02. SL at 8.88 or below depending on your risk assessment. Good Luck and stay safe!

faiz16

RSI and MACD both supporting long. Reversal from support has already begun. SL of 1.59 should do and initial target is 1.6770 and if things go according to plan, it may go up all the way to 1.74. Good Luck and stay safe!

faiz16

Strong support around 1100 and as you can see that the support line drawn goes all the way back to March 2006 which has been tested in Oct 2008, Nov & Dec 2015 and Jan 2016. Moreover the upper resistance line drawn also meets around 1100 which makes support even stronger and great likelihood of strong uptrend. Will wait for a reversal before committing. Good luck...

faiz16

On weekly time frame, strong support around 0.6930 and a big jump up is expected next week. The reversal did actually begin on Friday so I am in with a risk of just 30 pips so you can set your stop below 0.6930. Potential target is 0.73 and it might take a while to get there but we will get there :D Good Luck and trade safe!

faiz16

Hi guys, Potential short here as the resistance level has been tested several times and the target for now is 114 which may vary depending on how the chart is gonna come along. Good luck and stay safe!

faiz16

Previous analysis went according to the plan. The previous support line breach and global oversupply rise the probability of steep fall to a target of 45.22. Good Luck!