NZDCHF sell signal was valid earlier. Now we have seen price pull back to entry price, you can take another look. Entry 0.62809 SL 0.63029 (22 PIPS) TP1 0.6256 TP2 0.62311 TP3 0.61813 Regards Darren
TECHNICAL ANALYSIS -The price tested more times the resistance at 1.19436, a very strong weekly area that reverse the market several times -The price then, at the end of September, started a brearish movement, bouncing twice on the support at 1.16172, reaching again the weekly resistance at the beginning of November. -Since that moment, the market started an...
Afternoon traders Following a sell trade that didn't work out the strategy I am using has now presented a long trade on EURUSD which so far is playing out Back tested results found at bottom of screen for this pair based on setting stop loss and following trend on the H1 timeframe. For further information on the strategy I use please feel free to DM me.
Right at demand area (daily and 4h resistance), so there is very high potential of price reaction towards either bullish or bearish direction. Today equities and commoditiers are up (London session) so price is reacting accordingly. There are no crucial news so far, only US election news which hint Biden's win (*markets may push up on democratic candidate win due...
Forex Trade Analysis Number 4 We will monitor price action at the marked zone if, if bullish momentum shifts to bearish. Then we will look for a short entry with proper Risk management with a good risk to reward.
After this pair made a very impulsive up move, it formed a head and shoulders pattern giving a hint for the top of the price. Now, price broke out to the downside and pulled back up and is looking to retest the neckline which coincides with the 61.80% Fibonacci retracement level.
Hi Financials, We have here another opportunity. Long is the direction We are already on the supports formed by our EMA + MA 200 on Daily Charts. So, We can long from here The support zone is: 1.27300 - 1.275 Target is 1.29 up to 1.295 I'm opening a lot of small longs so I can close partially. Please manage your risk properly. FINANCIAL MOVE FOREX
GBPCAD has been following a trendline bounce so far so am looking at shorting it
Was looking at a bigger pull back as posted on sundays idea, have not marked it but a bit of a resistance at 1.26000. Price may make some fast pull backs but ill be looking at jumping onto any fast upside momentum. Patience and constant monitoring on this pair as US dollar can be very volatile at times.
This currency has formed a bear flag pattern on the daily time frame. Now, we are expecting a completion of the ascending channel right on the 78.60% Fibonacci retracement level.
GBPAUD H1 - That selloff candle after the retest was intense, just missed that unfortunately, but a key support zone has been broken and now trading as support/resistance.
Gold has made a bearish push during the New York Session last Friday. For next week, we expect price to have a corrective phase and might reverse bearishly again, after hitting the 50.0% Fib retracement level.
After price made a bullish move last week, it closed with a bullish daily candle having a long wick from the upside. We might expect a pullback to the 50% level before price move continue to the upside again. Also, there's a possibility of a double bottom before moving up. What's your idea on this pair? Share it with us on the comments below!