TradeFx4Fund

TradeFx4Fund

Hi there, CHFJPY reached its upper trend resistance level. Watching for sell setup. I am expecting CHFJPY to make a corrective wave down (see the chart). Idea is negated, if CHFJPY print an ABC corrective wave structure and makes a higher high.

TradeFx4Fund

Hi there, AUDUSD is retesting 0.72890 - previous LL. If it holds this level, then the up trend can begin from here. If it breaks 0.72890, then AUDUSD will print next LL and continue the downtrend. However, weekly stochastic shows a possible reversal level for a dipper upward correction or for an up trend.

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Hi there, In this post I want to discuss AUDUSD monthly, daily charts. AUDUSD made its first impulsive wave upwards. Now the AUDUSD daily up trend line is broken () this is confirming a start of a lower degree correction and the end of the impulsive wave 1. As it is presented on the chart, AUDUSD starts its corrective wave ABC, and as of now it is printing its...

TradeFx4Fund

Hi there, In this post I would like to share one more view on AUDUSD. It is looks like AUDUSD is printing a gramophone pattern, but if the price break lower trend line and makes a lower low, then this idea is negated.

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Hi there, In this post I want to share my trading view for EURUSD. Currently the only buy level I can see is 1.18683. Possibly, EURUSD is making an ABC pattern, if so, then once the C wave is completed I can move my buy stop lower. In case, if EURUSD breaks its lower low at 1.17809, this idea will be negated. *The chart is schematic, the price can move...

TradeFx4Fund

Hi there, EURUSD is approaching the neckline of its H&S pattern. In this post I want to share two possible scenarios, first, the price will bounce from the zone around the neckline and continue its up direction, or, the second, then the price keeps on going down and making lower lows. Now we have to watch price action more carefully, because it is currently...

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Hi there, AUDCAD holding lvl 0.925. I am watching for a buy opportunity to complete a C wave. This idea is negated if AUDCAD breaks 0.925 level and makes a lower low.

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Hi there, slope angle has changed, looks like trend is slowing down. Will buy to tg. Idea is negated if NZDCHF makes lower low.

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Hi there, MTS is setting for next bullish leg. Tg 636

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Hi there, MGNT is forming triangle pattern for next leg up. Tg1 6243. Triangle formation can fail to make a higher high and develop one more leg down for C wave Tg2 7023.

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Hi there, USDCAD possible retracement up to the resistance zone. If USDCAD is printing ABC pattern on the lower time frame then idea is negated (see comment lower)

TradeFx4Fund Updated 

Hi there, NZDJPY setting for sell. My sell stop 78.98 Hourly TG 78. Daily TG 77 and 75. If NZDJPY print a new hourly HH, then this idea is negated.

TradeFx4Fund Updated 

Hi there, AUDCAD possible reversal to the up. Waiting for confirmation to long. TG 0.963 SL 0.945 Idea is negated if AUDCAD print expanding flag and continue to the downward, in this case a sell setup will be printed (see comments).

TradeFx4Fund

Hi there, Possible short term down move of EURUSD. Expecting at least 0.78/0.61 Fibonacci retracement levels.

TradeFx4Fund Updated 

Hi there, EURNZD is setting up an ABC flag for the next leg upward. This is already its third attempt to break resistance level, If EURNZD succeeds to go through 1.68 level, then my target for the long position is 1.693.

TradeFx4Fund Updated 

Hi there, USDCAD is keeping its move inside the downward channel , but RSI showed divergence on the daily chart . USDCAD can print one more drop to 1.222 level, however, divergence on the RSI is hinting at possible reversal at current price.

TradeFx4Fund Updated 

Hi there, My big view on CHFJPY as follow: CHFJPY is currently printing a weekly corrective wave B. I can't claim that the B wave is over, only if it's makes a new weekly low to break the A wave low then I will be able to say that the B wave is more likely is over. But, as I can see from the weekly chart, the PA is bouncing around the resistance zone (RZ), so I...

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Hi there, CADJPY is setting up for bearish wave, I am watching for sell. My sell stop (SS) entry level is at 86.607. I will sell 0.01 lot. Stop loss I will keep at 87.199, target 83.925. RR is 4.26.