The pair is currently ranging in a parallel channel. It is printing Higher highs an higher lows suggesting the trend is still up. We also have a level which was a resistance and is now turning as a support. I am a buyer and will target the top of the channel. Trade at your own risk
EURAUD in consolidation range and have been giving us great trades the past few months. We have strong confirmations back to the bottom of the channel @ 1.6108 Look to sell at backside of the down trend line. TP @ bottom of channel, but remember to take profits in 50-70 pip ranges to maximize profits and protect profits. Good luck trading! Charles...
Good day guys.. SWING SETUP- NZDCAD HOUR-01 Price above 50,100,200 EMA Series of HH HL HH patterns Bullish momentum Price above RSI 50 Price above Ichimoku cloud Price above .50 Fibonacci HOUR-4 Price above .50 & .618 Fibonacci Strong rejection around 0.88000 Price above 50,100,200 EMA Ichimoku cloud is turning green DAILY Price above .786...
Daily/4H time frame analysis on USDCHF. Price action and structure discussed. Bullish scenario and buying recommendations given. Please, support this video with like and comment. thank you!
Price retesting broken resistance and 200SMA. It is a good level for a short with great risk-reward. Target 1 at 1.16, the previous low. The best option is to find a reverse pattern at 200SMA on the smaller time frame. If price breaks and closes above 200SMA, then the short option could be gone. So far, we are seeing USD starting to get messy with upcoming...
USDCAD Short: 1.33018 Target: 1.32474 S/L: 1.33154 Risking 3%
GBP/USD: If price pushes up to and ideally just above our rayline line and the last part of the move is corrective, then I'll be looking for risk entries beneath the correction. If price pushes up to and ideally just above our rayline impulsively and it doesn't give us an entry, then I'll be waiting for a convincing push back down followed by a tight...
Main items we can see on the chart: a) Currently, the price is on the edge of a resistance zone + a descending trendline b) There we can see a corrective structure (yellow lines) c) The first thing we will wait for before trading is a clear breakout of the corrective structure d) IF that happens we will look for corrective structures on the 1H chart,...
Just testing a strategy with this pair, a lot of confluences suit longs around the given zone.
EUR/AUD: If price pushes up to and ideally just above our upper rayline and then we get a convincing push back down followed by a tight flag, then I'll be looking for reduced risk entries on the break of the flag. If price pushes up to and ideally just above our upper rayline and then we get a convincing push back down followed by a tight flag, then I'll...
Main items we can see on the chart: a) The price broke an ascending trendline b) After that, we can see a huge corrective channel (purple lines) c) Currently, the price made a small breakout, and we can see a slight correction on the edge of it. d) IF the price breaks below the structure and reaches the red line, we will take it as a solid...
AUD/USD: I'll be looking for reduced risk entries if price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag. I'll be looking for reduced risk entries if price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag. But if the flag forms close to our rayline, then I'll be...
EURUSD has broken from a strong range, and currently is in strong downtrend with no clear indication with a leg up. EU is now testing strong resistance level, and I doubt it can break this resistance area on first try, that's why I am going to short today EURUSD. We still have EMA downtrend. Bearish 1H close. RSI is above 60, but holding on thin ice. My take...
GBPUSD SHORT PROVING HOW OUR STRATEGY CAN HELP YOU LET THOSE WINNERS RUN GBPUSD Sell still running on our strategy. The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish...
Hello everyone, As I stated a few days back I am looking for a long position till 1.16620 Now, that has become an objective to trade to, my upside target is 1.16960. Once we fulfill 1.16960 we could see some extreme exhaustion to downside delivery. Still looking for "trend line theory" to break. Watch, focus on 1.16960.
EURGBP - sell position now valid. The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter. What is our strategy? Our strategy is a trend following...