Overall trend is uptrend at D1 & H4, I would like to see price break, retest support (buy AOV) & above EMA 50 before heading to north further for buy confirmation. ***remarks*** Scenario 2, as long as break of structure (BOS area) is not occur, focus on buy, if not, look for sell setup below BOS area (purple). Setup strategy: buy Remarks from author 1)This...
ECB due Wednesday 745pm MYT Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own trading plan 3)Risk management is always be the top priority
Price rejection 1.3130+- as of Friday night. Price likely to rebound from yearly low 1.3050+- Take note the price about to reach yearly low at 1.2950+- where it likely a good level for buy trade Personally interested to wait for sell trade by waiting the price to retrace back to sell AOV level (1.3130+-) for sell trade. BoC rate decision due Wednesday. The...
Setup Strategy : Buy Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own trading plan 3)Risk management is always be the top priority
Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own trading plan 3)Risk management is always be the top priority
Bullish flag patern 2 scenarios, First scenario, if lower time frame (H1) has stage of accumulation look for break out setup, if price manage to break above blue zone resistant, retest, look for buy Second scenario, Price cannot break the blue zone resistant and continue lower and target to 1.5500+- Remarks from author 1)This analysis does not represent long...
Key resistant zone break, price shows sign of retesting the zone, if price on Monday could go north a bit, wait for sell confirmation for better sell entry Setup strategy: Sell limit & Sell Confirmation of sell setup @ 1.8150+- RBA expected to maintain rate unchanged @ 0.25% on Tuesday 1230pm MYT Remarks from author 1)This analysis does not represent long or...
Setup strategy: wait for buy confirmation NZD retail sales due at Monday 645am. Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own trading plan 3)Risk management is always be the top priority
Setup strategy: range trading, wait for buy confirmation at 1.8175+- Expect some bearish movement till EMA 200 Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own trading plan 3)Risk management is always be the top priority
Strong resistant at 76.65 at daily TF Setup strategy: buy at pull back & at support blue zone @ 75.45+- & above EMA 200 Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own trading plan 3)Risk management is always be the top priority
Setup strategy: sell Expect some correction to test on blue zone on Monday 27-Aug-20 Fed chair Powell speech and BoC Governor speech. Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own trading plan 3)Risk management is...
Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own trading plan 3)Risk management is always be the top priority
Overall this pair is still down trend, as we can see the price was doing correction, I would anticipated the correction likely to go till 1.32950+- before a sell order is triggered. OPEC meeting at 19-8-20, the loonie may react during this meeting Setup strategy: Wait for sell setup @ 1.32995+- Remarks from author 1)This analysis does not represent long or...
Price may project higher first before heading to south Setup strategy: Sell Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your own trading plan 3)Risk management is always be the top priority
As we can see trend is moving upwards along the upward channel for days, and it has reached a key resistant zone (in blue) where the key zone is held strong since June 20. Setup strategy: Sell limit & Sell stop Confirmation of sell setup @ 1.6482+- Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author...
As we can see UsdChf has formed a double bottom structure (W structure). I would wait for the price to project lower first. Personally have a buy bias with buy limit order. Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the author analysis 2)Trade at your own risk with proper lot sizing and follow your...
Scenario 1 It might be a correction on Monday where short term bullish movement (correction) likely to occur then follow by retest on trend line (blue line). Scenario 2 The price may project lower to test on support (blue zone), and EMA 200, where buy limit order is place near Exponential Moving Average EMA 200. Take note that Royal Bank of New Zealand (RBNZ)...
As we can see trend is moving upwards where higher high (HH) & higher low (HL) formation across the H4 time frame (TF) Setup strategy: buy ***However, if say break of structure (BOS) occur, where we likely to look for sell opportunity below the blue zone Remarks from author 1)This analysis does not represent long or short trade immediately, it is solely on the...