This chart shows that the price is going up steadily and confidently and will be stably in this channel. There is no good reason for a critical fall. If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
The support line is actively helping the price grow up and is already actively striving for its target. If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
At the moment, the price is on the key level and it is already striving for the resistance line. Apparently it should grow. If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
Reasons: 1) Price creating CUP and HANDLE pattern. 2) The price will definitely break the resistance line. First Target 1.01950 Second Target 1.11270 If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
didn't publish this trade fast enough, woke up at 3:45 am and caught this opportunity for the intraday short, unsure when it's going to stop so take profit is set modestly. really waiting for the short to finish and for a long opportunity to form during the week
When break ascending channel we will look at it short.
DXY short idea possible retrenchment 61.8 or 50.0 area. what do you think guys?
Hello guys, In this video i show what i see on the Aussie Japanese pair. I see a potential short position and riding the trend to lower levels. I know the reserve bank of Australia is expected to hold rates which would give the Aussie some strength but overall i think the Chinese economy is getting hit so hard by the corona virus that it will be hard for the...
Hello guys, Going into this first week of February, i am only looking for longs on gold. My bias shaped by the ongoing chaos that are ongoing worldwide.Most currencies and indexes are weak meaning that investors are rushing their money to gold hence it will be risky shorting gold. The chaos that i am talking about include the iran war, the trade deal, the just...
hello guys, In this short video i show my analysis for the nzd/usd pair. I see the weakness of the nzd dollar continue as the corona virus continues to cause havoc. The new Zealand economy similar to the Aussie economy is strongly supported by demand of commodities and tourism from china. with Chinese cities being shut down and flight being cancelled this will...
Hello guys, This week i am only looking for shorts on oil unless an unexpected event happens e.g if oil tankers are attacked in the middle east or north Africa. With major cities being shut down in china, oil has been extremely oversupplied with less demand driving the demand down. I see a pull back coming but then it will likely sell off to lower levels. The...
Hello guys, Cad continues to be weak and i am hoping to capitalize on it. I Scalped the pair last week for some gains and i am hoping to continue riding the pair down to lower levels. With oil being oversupplied and prices going lower due to corona virus , I see cad getting a pull back but continuing with the weakness down until the OPEC meeting mid this month....
Hello guys , I am looking for a short on nzd jpy based of the weakness displayed by the new Zealand dollar. The new Zealand dollar strongly depends on commodities similar to the Aussie and the cad. The new Zealand has been extremely weak and i am looking to bank on that trend. As long as the corona virus continues and the new Zealand bank maintains the dovish...
FALLING WEDGE INVERSE HEAD AND SHOULDER SWING TRADE CAN BREAK THE TRENDLINE .
EJ looks perfect good consolidation breaking that zone forex
ENTRY: 0.66500+- TP: 0.66100 TP2: 0.65800 TP3: 0.65400 TP4: 0.65000 SL: 0.67000 Chart time frame - W Follow, Like, Share or Comment Thanks on supporting! All best!
Hello guys, After the suprise decision by the BOE on holding rates and also their hawkish view of the economy. The price was able to beat my initial resistance area that can now be seen as a box below the current price level. I have re analysed my charts and i believe that for price to keep going up we need strong economice data to support the BOE view. My next...
Hello Guys, I see a short idea on gj .This based on the fact that it broke through a key support area. I also think the pair has been extremely weak with the fundamentals. If the trade can run until London session i think i have a good chance of the price tapping my TP. Factors shaping my bias brexit, weak fundamentals, dovish bank which they have to be in order...