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I will try to target a continuation of the downward price action just above a decent support area. But to be safe, we can also target the recent swing low. The bullish trend line has been broken that started late October. The market has just retraced upward after the break of trend line and could still go lower.

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Do you think this will also go down and trend lower?

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We will now enter a trend continuation trade in the EURUSD. The market has already reached a resistance area and was rejected. This means that there is still a big selling pressure in the resistance zone. There is also a bearish trend line close to the price action. If EURUSD will actually go up, I don't think that it will be because of a touch in the support...

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This area has been holding the price from going up several times alrady. Now the price is approaching a bearish trend line in the hourly time frame which could cause the more bearish pressure, Since the price is also ranging sideways, I will only be targeting the lower side of the range to have higher chance of winning. Good luck in trading guys! For detailed...

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- Trend Line Support - Support Area - Bullish Trend Another Possible Trend Continuation Trade for the long side

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This is just a simple trend continuation trade. Since the price is very close to the previous support, going long now will have minimal risk. Good luck in trading guys! Check my blog for more analysis www.razoteforex.com

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I am actually looking for this pair to go long. With the possible bearish bat pattern completion, I might be able to hop in to the long side if the market would retrace to the support shown. The support also coincides at the take profit 1 of the bat pattern completion. For detailed analysis, www.razoteforex.com

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There is a bullish cypher pattern completion at a previous support. This would give a better chance that the pattern will be profitable. You can also sell when the price can reach the take profit 2 of the pattern. Since I believe that the overall trend is bearish. Take profit 2 coincides with a previous support and resistance and would be a good place to...

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- The price is currently at a resistance area looking at the higher time frame. - The price is getting closer to a 4hr trend line - The price has pushed 3 waves higher but is getting weaker with every push - If the price would actually go back down, it will create a right shoulder on a head and shoulders pattern I already entered short at 0.6580 Good luck in...

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In any way the market might reach the top, I will be looking also to short the market at the previous highs since there is a bearish bat pattern completion at around 124.75. I think that if the market will reach the previous highs, the resistances is still strong enough to hold the price down. It will need to retrace back first at the bullish trend line to gain...

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EURUSD has continued it’s overall bearish trend for the past few weeks. But just last week, the price has stopped its downward push and it looks to be retracing. I really want to get a share of the bearishness of this pair but for me to enter the trade, I want this pair to retrace first. I highlighted an area of a possible resistance to the pair since this area...

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This post is just a trade update on my previous post on when I entered the trade. A couple of days after the trade was entered, It has formed a common triangle chart pattern. Now there are ways to trade both ways going up or going down. But since I am already in a short trade, I must manage my trade to ensure that there is still profitability. Since there is a...

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With the pair reaching the recent high that was created a few hours earlier, I was able to enter the market just now at around 1.5230. The stop loss is only 40 pips at 1.5270 while the take profit level is at 1.5110 giving a possible profit of 120 pips! This is the first time where I will take a 1:3 risk to reward ratio. This is only possible because of the...

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Do you think this trend line will hold? If this can hold, I will be short immediately. I will be waiting for any signs in the lower time frame first. Check out my analysis here: goo.gl

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Do you think that this pair was just rejected by the bearish trend line? I hope so because I just entered a short trade NZDUSD Check out my whole analysis: goo.gl

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There are a lot of setup reported in the lower time frame of a bullish bat pattern in this pair. I just want to add that the price is also in a support area and could make a bounce up. See my detailed analysis here: goo.gl

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There is a bearish bat pattern completing in the horizon. You might want to check your rules in this setup. See my detailed analysis here. goo.gl

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I have made a pending sell order below the psychological number 0.72, below the resistance that the market just made and below the daily bearish trend line. Will this break my 4th losing trade? Check my pain from my previous losses here. goo.gl