I'm actually very excited to share this chart! For months I've been loving the dollar weakness keeping a key eye, that's been the main dominance in the market at this moment of time - Forget Brexit..It's like long going divorce which none of them can agree on anything at this moment of time. I posted a video explaining we might reach 1.35 areas - we've come...
Hello Fam! Be careful, because there is a bearish divergence on Rsi and price can fall. Good luck to you! Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
USDCHF oversold and in a strong buy zone in weekly RSI. This pair will reap large pips in the buy direction so keep an eye on it. Look to enter at past support of .9027 area Look to enter at break above resistance of 0.9182 Once we have break above resistance we are headed towards 0.9500. Get ready and Good luck trading! Charles...
LOOKING FOR A BULLISH ENGULFING CANDLE ON MONDAY THAT COULD POTENTIALLY GIVE A GOOD OPPORTUNITY TO SHORT THE PAIR, BUYING PRESSURE IS PRESENT BUT NOT IN FORCE, THE PAIR BROKE A MAJOR DAILY SUPPORT AND I AM EXPECTING MORE DOWNSIDE MOMENTUM AFTER SOME TIME RANGING. IDEA IS TO GET INVOLVED AROUND THE .382 FIB AREA, LOOKING FOR SOME SORT OF BULLISH CANDLE AROUND THERE
Main items we can see on the chart: a) The price is above a Resistance level now working as a support b) Generally, after the breakout of any area, the price will tend to correct creating a pullback/throwback to the previous zone c) Now we can see the price doing that towards the support zone d) If the price reaches that level, we will pay attention...
EURCAD reached a strong resistance line of a falling wedge pattern on 4H. the price has been rejected from its boundary, confirming its significance. to catch a bearish move, wait for a bearish violation of a bullish flag pattern on 1H. it will be the perfect confirmation to initiate selling. target level - 1.55 stop will be above the last high within the...
Hello traders, Japanese PM Shinzo Abe potentially resigns over health concerns. Having a PM who was in charge of the struggling Japanese economy for so many years resign now could create some risk-off mood. He was in charge of Japan since 2007, getting it through the Great Recession and the current crisis. Currently, price is testing a critical daily level around...
GBPUSD still in upwards channel, TP area hit for 200 pips. Look to reenter at bottom of channel back up. Good luck! Charles V www.cvfxmanagement.com Trading made Simple
XAUUSD still in an uptrend now in flag formation. This has not yet broken the main up trend line so main direction is up. Look to buy at bottom of flag or once we have a north breakout Good luck! Charles V www.cvfxmanagement.com Trading made Simple
Hi friends the daily chart of this market shows with a high probability that it will experience a bullish trend in the next few days but it is also better to be vigilant on the change of direction towards the reverse please subscribe to receive more analyzes
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Hello Traders Welcome Back. *** Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. *** Please consider to put a like to my idea...
Main items we can see on the chart: a) Currently, the price is inside a yellow range b) We see an interesting bullish or bearish potential depending on the breakout of the range c) The strategy we will use to take advantage of this situation is to wait for the breakout and then look for corrective structures on the 30minutes or 15 minutes chart d) The...
GBPCHF H4 - Approaching/fighting that huge 2.00 handle. Also ties up nicely with our previous supply zone and resistance area, could be a good price to look to short from.
For those that have been following me, this has been one of my favorite consolidation trades. Since the end of July this has been consolidation and I have been buying up to top of channel. We are currently at a prime stop once again at the bottom of the channel. Entry @ current price of 1.0762 TP @ 1.0820 area Good luck trading! Let me know how I can help or...