BannaKhan

BannaKhan Updated 

Hi folks, After a recent rally price action has reached to a major level of structure and reversed. Price then pushed up a little bit to test the support with a bearish engulfing candle which suggests a bear run for now. I have gone short and marked tp and sl for you as well. Trade safe and good luck. Don't forget to share your thoughts as well. Cheers

BannaKhan Updated 

Subject pair is at a major level right now and has created a double top with a reversal candle sitting at the top. RSI also seriously overbought all those factor suggests a trend reversal from this point. My tp1 will be at the nearest support level and sl is just above the higher wick. Let me know your thoughts. Trade safe and good luck. Cheers.

BannaKhan Updated 

Similar setup to the previous one. Marked tp and sl for you. Trade safe and good luck.

BannaKhan

Hi guys, This is a very interesting chart and I have alway been a great fan of this index chart. If you have a close look you shall see we have this ascending channel since May 2018 and never been broken since. Price action continously making new higher highs. Now that it has reached to the bottom of the ascending channel price action should reverse from there...

BannaKhan Updated 

Morning traders, After a tremendous bearish run price action is at a major level with a bullish engulfing candle. I'm expecting a decent pullback before deciding further movements. I have gone long on this and marked tp and sl for you as well. Remember, this is a short term buy. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

Nice and simple trade this. Price action has made a double top with a bearish engulfing candle. I'm expecting it to reverse from here and come down to my tp zone at least. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

Double down on the daily time alongside nice bearish engulfing candle on the 4h chart at a major level confirms the trend reversal. Place the trade and marked tp and sl for you as well. Let me know your thoughts. Good luck.

BannaKhan Updated 

Hi traders, Nice and easy setup this. Price pushed down and with a bullish engulf. Perfect pullback entry. Marked tp and sl for your as well. Trade safe and good luck.

BannaKhan Updated 

Hi guys, Nice and easy trade this. I've taken this trade based on the D & 4H trend line. Price action has been respecting this trend line since March 2011!! Never broken since. Also we are seeing a nice reversing candle. I have marked my tp and sl for this trade. For long term traders the tp2 is at 0.5 fib area. Trade safe and good luck. Let me know your thoughts.

BannaKhan Updated 

Simple trade based on trend line bounce with a reversal candle. Marked tp and sl for you as well. Good luck

BannaKhan Updated 

Nice and simple double down candle on the 4h chart with higher high candle containing red wick. Price action should support the drop. RSI overbought as well. Marked my tp and sl for you. Let me know your thoughts. Good luck.

BannaKhan Updated 

Hello traders, I've been tracking this pair for a while now for my XABCD pattern which is now completed on the daily time frame and I going short on this one and looking for at least 900 pips on this. Good R:R almost 4:1 on this. Trade safe and good luck.

BannaKhan

Price has pushed right down to a key level from where price reacts on numerous occasions and we have a bullish engulfing candle on the 4h chart suggest a trend reversal. RSI also oversold. I've gone long on this and marked my tp1 and tp2 for you as well. Let me know your thoughts. Trade safe and good luck.

BannaKhan

Morning traders, As you can see the price is now at a key level where historically acted as a support and resistance. We have a nice double top in place on the 4h and 1hr chart, also RSI is seriously overbought. I'm expecting a trend reversal from here and marked my tp and sl for you as well. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

Hi traders, Here we have an interesting setup on USDJPY pair. This pair is about to complete the last part of XABCD pattern. It has followed everything perfectly up until this point and are expecting to complete the last D stop. I've gone short in the anticipation that it should complete the last stop without much fuss with a very tight stop loss. My tp is where...

BannaKhan Updated 

Hello traders, I hope you had a great week of trading this week. Below I have an interesting setup for this AUDUSD pair. As you can see the price action has created a nice ascending channel withing a descending channel on the 4h chart and is respecting the trend line on each occasion. The price has pushed right down to the trend line, touched and bounced. I'm...

BannaKhan Updated 

Hi guys, Similar setup to my previous AUDUSD post. Marked tp and sl for you as well. Let me know your thoughts. Good luck.

BannaKhan Updated 

Hi traders, Nice and easy setup this. Price is respecting the trend line and bounced in each occasions. Added bonus the price is at a major level where it has reacted almost in each case. I've gone short and marked the tp and sl for you as well. Let me know your thoughts. Trade safe and good luck.