DrSwing_Forex

DrSwing_Forex

Hello pip hunters, here's my view on EURAUD this week. Reward: 576.3 pips🤑 Risk: based on your personal risk appetite❌ Risk/Reward Ratio: 6.42✅ Chart Breakdown: Daily: On the daily timeframe price broke below an uptrend trendline indicating bearish momentum 1 Hour: On the 1 hour timeframe we have a downtrend taking place shown by the lower highs...

DrSwing_Forex

Hello pip hunters, please take a minute to view my idea on GBPNZD. Reward: 396 pips🤑 Risk: 35 pips (to avoid premature stop loss)❌ Risk Reward Ratio: 11.66 ✅ Chart Breakdown: 4 Hour: A sell setup is currently playing out on the 4 hour chart which is an additional reason why I'm anticipating a breakout on the 1 hour chart 1 Hour: Price formed a buy setup...

DrSwing_Forex

Hello pip hunters, I would like to share my view on CADJPY with you, enjoy!! Reward: 150 pips🤑 Risk: 18.6 pips❌ Risk/Reward Ratio: 7.73✅ Chart Breakdown: Price intersected the last higher-low of the uptrend signaling a trend change. Price formed a lower-high and lower-low confirming the downtrend. A previous support level has turned into resistance...

DrSwing_Forex

Greetings pip hunters, i would like to share this idea with you and hear your views on this idea, enjoy!!! Reward: 801pips🤑 Risk: Dependent on personal risk appetite❌ Risk/Reward Ratio: 7.7✅ Chart Breakdown: Daily: Price is currently at a significant resistance level that is currently being respected 1 Hour: An uptrend is in place, indicated buy...

DrSwing_Forex

Hello traders, I would like to share this idea on EURUSD with you and hear what you think about it. Reward: 188 pips🤑 Risk: 25 pips❌ Risk/Reward Ratio: 7.62⚖ Chart Breakdown: Daily: The overall direction on the daily chart is bullish as price formed a break and retest setup on a downtrend trendline + a Bullish reversal candlestick confirming buys 4...

DrSwing_Forex

3 Good reasons to sell GBPJPY Gooday Traders I'm anticipating a sell if: The upward trendline gets intersected Price retests the broken upward trendline Price retests the downward trendline A bearish reversal candlestick at the two trendlines to confirm entry Risk: 35 pips( to avoid premature stop loss)❌ Reward: 256 pips🤑 Risk/Reward Ratio: ...

04:02

DrSwing_Forex

Reasons why I'm bearish Gooday traders, please take a sneak peak at this video in order to gain more insight on why I'm bearish on this pair. Please like if you agree with the idea and feel free to share your comments. Please follow for more quality ideas!!! DR.Swing_Forex

DrSwing_Forex

4 Reasons why I'm looking for a buy Price is heading towards a broken downward trendline which will form a break and re-test (bullish) trade setup if retested again. The broken resistance is likely to act as support should price go all the way down and re-test it. This will give us a buy opportunity at support. Price is currently in a clear uptrend as indicated...

DrSwing_Forex

Gooday fellow traders I'm fairly bullish on Gold today and according to my analysis, the best place to buy this pair is below the upward trendline as opoosed to buying on the trendline. The reason I say this is because we i can see a clear support level below the trendline which is also a demand zone. Knowing how gold behaves, its likely to go down below the...

DrSwing_Forex

I'm going bullish and here's why: Price formed a fakeout on the 1h hour as it broke out with 3 candlesticks and then formed a bullish reversal candlestick indicating that the bulls are still present. Price just formed a bullish engulfing candle at a strong demand zone indicated by the pink arrow. Price touched the trendline for the third time indicating a buy...

DrSwing_Forex

5 reasons why I'm anticipating a sell: Price is currently forming a downtrend There will be a break and re-test setup of the upward trendline There will be a potential third touch of a downward trendline giving us a sell setup There is a pivotal support and resistance zone that might provide resistance for price once price breaks below the level I'm anticipating...

DrSwing_Forex

5 Reasons why I'm anticipating a sell: Should this trade play out as anticipated, there will be: A break and re-test setup on the upward trendline A sell setup on the downward trendline A potential reverse at the pivotal support and resistance Price is currently changing from uptrend to downtrend Lastly, I'm anticipating a bearish reversal candlestick...

DrSwing_Forex

4 Good reasons to buy this pair The price level where I'm anticipating buys is: A resistance turned support level An upward trendline Its located at a 0.618 Fibonacci retracement zone I'm also anticipating a bullish reversal candlestick confirmation as an additional reason to buy, Bonus Reason: Price is in an uptrend!! These are the 4 reasons why I'm bullish...

DrSwing_Forex

Prepare for the buys!!! Greetings fellow traders, according to my personal analysis, I see a potential bullish move on USDCAD for the next few days. First and foremost, price is reversing at that minor resistance level which indicates price will go down to find demand most probably at the upward trendline that I have drawn. Secondly I can see that price tested a...

03:50

DrSwing_Forex

Three good reasons to sell!!! Hello fellow traders, I'm fairly bearish on EURUSD today because: I see a bearish engulfing reversal candlestick formation on the 1hour timeframe, that happens to be located on a very strong resistance level. Since price has failed to cross above this resistance level, I'm still convinced that the bears are still in power. Please...

DrSwing_Forex

Reasons why I'm selling There's an initial breakout of the 1h upward trendline. Price closed below the trendline. When you look at the downward trendline drawn from the weekly timeframe it shows clear signs of a fakout taking place, price broke out for two candlesticks and is now forming a bearish candlestick hence I believe it's a fakout on the weekly...

DrSwing_Forex

4 Good Reasons to sell Downward trendline sell setup on the 4h chart. Touch of resistance level on 1h chart. Shooting star reversal candlestick confirmation of The 15min chart. Breakout and retest of upward trendline on the 1h chart. Risk : 30pips Reward : 178.6 pips Please share your comments on this trade and follow for more quality ideas like...

DrSwing_Forex

4 Good Reasons to Short this pair!!! Hammmer reversal candlestick confirmation on the 5min chart. Breakout and retest of trendline setup formed on the 1hour chart. Sell setup formed on the 4hour downward trendline. Test of resistance level on the 1hour chart. Risk : 24pips Reward : 201.4 pips Please share your views on this trade and follow for more quality...