forexentryideas

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Markets Allocation
100 % forex
Top Mentioned Symbols
GBPNZD 21% | 3 GBPCHF 21% | 3 EURNZD 14% | 2 EURUSD 7% | 1
forexentryideas forexentryideas EURNZD, D, Short ,
EURNZD: EUR/NZD
30 1 1
EURNZD, D Short
EUR/NZD

The pair tried several times to break above trend line on daily chart but sellers are pushing it down. I am expecting downside movement towards 1.6200 round figure.

forexentryideas forexentryideas GBPNZD, 240, Short ,
GBPNZD: GBP/NZD short
20 0 0
GBPNZD, 240 Short
GBP/NZD short

The pair is likely to go down and test supportive trend lines

forexentryideas forexentryideas GBPCHF, 240, Short ,
GBPCHF: GBP/CHF end of correction?
10 0 0
GBPCHF, 240 Short
GBP/CHF end of correction?

The pair is in correction in the descending channel and seems like it's about to decline, finishing correction according to false breakout. 1.4000 round number will be the first resistance and if price manages to break it and also the first supportive trend line and consolidate bellow it, than probably down side of the channel near 1.34-1.35 zone will be reached.

forexentryideas forexentryideas USDNOK, D, Short ,
USDNOK: USD/NOK sell setup
21 0 0
USDNOK, D Short
USD/NOK sell setup

Long term trend line is broken...

forexentryideas forexentryideas GBPNZD, D, Short ,
GBPNZD: GBP/NZD short
745 6 12
GBPNZD, D Short
GBP/NZD short

Clear breakout on D1 chart in a descending channel. Pair should continue it's movement until it reaches support at 2.14

forexentryideas forexentryideas EURAUD, 240, Long ,
EURAUD: EUR/AUD in rising channel
48 2 0
EURAUD, 240 Long
EUR/AUD in rising channel

The pair has consolidated above 1.5600 round level, also has broken minor trend line on H4 chart and is trading near it's supportive side of the rising long term channel. So I am expecting it to begin new impulse towards the 1.6000 resistance where also red trend line resides. If it manages to brake red trend line and close above 1.6000 level, than probably we ...

forexentryideas forexentryideas EURNZD, D, Short ,
EURNZD: EUR/NZD - at least we got breakout
28 0 1
EURNZD, D Short
EUR/NZD - at least we got breakout

I've been watching this pair for more than one week waiting for a breakout and finally it happened. So now let's sit and wait if we get entry signals for short trade.

forexentryideas forexentryideas GBPCHF, D, Short ,
GBPCHF: GBP/CHF in descending channel
20 0 2
GBPCHF, D Short
GBP/CHF in descending channel

The pair has already tested broken trend line two times on a daily chart and it seems the downward momentum will continue and drive price somewhere in the down border of the channel.

forexentryideas forexentryideas EURUSD, 240,
EURUSD: EUR/USD is bullish?
51 0 2
EURUSD, 240
EUR/USD is bullish?

Clear breakout of the range... Let's see if pair tests support and go up again

forexentryideas forexentryideas GBPUSD, 240, Long ,
GBPUSD: GBP/USD going up again
40 0 3
GBPUSD, 240 Long
GBP/USD going up again

I think pair's upward movement is not over yet so let's enter long and see what will happen... Price should at least test second trend line which will act as a resistance;

forexentryideas forexentryideas EURJPY, D, Short ,
EURJPY: EUR/JPY going down?
15 0 3
EURJPY, D Short
EUR/JPY going down?

The trend line was tested several times, now it should act as a resistance and push prices down to the next one...

forexentryideas forexentryideas GBPNZD, D, Long ,
GBPNZD: GBP/NZD long
22 0 1
GBPNZD, D Long
GBP/NZD long

perfect scenario to entry long...

forexentryideas forexentryideas USDJPY, 240, Short ,
USDJPY: USD/JPY pin bar in sell zone
52 2 1
USDJPY, 240 Short
USD/JPY pin bar in sell zone

I supposed yesterday that the pair will retrace back to 124.00 round number where we have trend lines drown. Nice pin bar was closed in the sell area so we can open shorts... Conservative way: place sell limit order in the middle or in the top of the pin bar

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