qureshi009

qureshi009 Updated 

Simple price rejection and strong bearish engulfing daily candle.

qureshi009 Updated 

Currently a short term long trade is active and also a sell limit order is placed

qureshi009

Few trends line and the charts showing possible price movement depending upon the trend line support and resistance breakouts.

qureshi009 Updated 

GJ short-term sell oppurtunity.

qureshi009 Updated 

This pair has been in a downtrend for good time and last year in october downtrend line was broken and a short term uptrend or a pullback of (retracement 38.2) was made and previous important support and resistance zone was tested several times and the price rejction can be seen. I have opened a short trade with SL and TP shown on the chart. Trade safe.

qureshi009

Looking at the monthly UJ chart and observing price movement alongwith, SMA and stoch oscil and with some trend lines and s/r zones. I have drawn possible price action movements which can happen in the comming months.

qureshi009

Looking at a bigger TF- monthly The below are the points to be noted: 1. Strong price rejection with long wick bar indicator price reversal 2. Price retraced 61.8 fib and a small pull back and retested 61.8 and again price rejection 3.The 61.8 is a strong support/resistance 4.Gartley pattern formed Also i think CAD is strong compared to USD and lots of other...

qureshi009 Updated 

Looking at the movement and price action, UJ could make a possible symetrical structure like the previous upward move. We can have three short trades as shown or each trade can be taken and then wait for pullback and re enter.

qureshi009

Looking at the current move of NZDCAD, we can have three trading oppurtunities First trade: Which can be taken now, the price is moving towards upper trendline may got rejected from the strong resistance and then if broken we can initiate the second long trade and if price got rejected from this resistnace then we can wait for the price to come down the lower...

qureshi009

Let us see if its going to follow the pattern.

qureshi009

UC has broken the upward trend line on a daily TF, i am expecting further downward move upto 61.8.

qureshi009

Simple price rejection trade

qureshi009 Updated 

Looking at price rejection and a potential reversal is expected. I am looking a the trendline an setting my TP for the pair to atleast move upto that point to test trend line. Also daily may form a pin bar and giving more confluence that price is being rejected from top and sellers are coming in. Trade safe.

qureshi009 Updated 

Missed good entry, but we still have soom room. I have opened trade Simple price action rejection in row and also forming bearish bat pattern.

qureshi009 Updated 

I missed a good entry however, looking into latest price rejection and reversal signal and the pair has strongly in downtrend from last week.I see more downtrend as overall GBPxxx pairs are showing a strong donwtrend move. Trade with Care.

qureshi009 Updated 

The level 0.75558 is interesting it has been a good S/R and was tested and the current daily TF was a fake short and big tail. I have a pending buy limit at 0.75558 , SL and TP are show in the chart.

qureshi009 Updated 

let us see how it goes

qureshi009 Updated 

Based on simple price action.