EAFXG

EAFXG Updated 

Potential selling opportunity on AUDCAD H1. Confluence: 1.) 50 EMA 2.) Descending Channel 3.) Fibonacci rejection (50.0%-61.8% zone) 4.) Engulfing candle Final target is the -61.8% Fibonacci level This is just my view on this current market. I am no advisor and trading the financial markets is risky. This is for educational purposes only

EAFXG

Potential EURAUD selling opportunity. Target is down by the -61.8% extension level. Waiting for clear rejection of the diagonal support and the 78.6% Fibonacci before looking for opportunities to take this pair lower. Further confluence we have found is price is currently rejecting the H4 50EMA. ;) This post is for educational purposes only. :) Please do keep...

EAFXG Updated 

Hello Traders, We have a descending trend on GBPCHF on the 15min timeframe. We are expecting price to respect the descending trend line and head to forming a new lower low. We took our entry on the 5min timeframe when we saw price in our 50% to 61.8% fibonacci retracement zone and touching our trend line. Our trading plan goes as follows; TP1: Close 50% of...

EAFXG Updated 

Hello traders, Nasdaq is currently in a downtrend and we are looking for potential short positions. Price is respecting the downwards trend line and we will be looking for price to reach our sell zone and touch the trend line before looking for sell signals. Our trading plan goes as follows; TP1: Close 50% of position and move SL to Breakeven. Remaining...

EAFXG

Hello Traders, As we begin our search for potential trades to start off the week, we took this trade on Friday at 14:00 SAT. Price pulled back to the 61.8% to 78.6% retracement levels and we can clearly see that we are in a downtrend and only looking shorting opportunities. We then looked for entry signals on the 15min timeframe and took the short position....

EAFXG Updated 

Hello Traders, This is the update to our previous analysis on Nasdaq. The first position hit stop loss but we managed to get another entry on the next candle due to the rejection signifying selling pressure. We have closed 50%of the position and are currently risk free. We took a second entry as price approached the trend line again. Good luck and Happy Trading!

EAFXG

Hello Traders, Today we've been presented with a potential short position that we have currently executed. The idea behind this is that price is in a downtrend and we have been presented with price pulling back to the trend line. Price has rejected the trend line and the 50.0% to 61.8% Fibonacci retracement zone. Our trading plan goes as follows; TP1: Close...

EAFXG Updated 

Hello Trades, We are looking at nasdaq which is currently downtrending. We are currently watching price get close to the trend line and the 50% - 61.8% Fibonacci retracement levels denoted by the red square. TP1: close 50% of position and move sl to entry TP2: close 25% of remaining position and move sl to TP1 TP3: final tp for remaining 25% of the position. I...

EAFXG Updated 

HELLO TRADERS. EUR/JPY HAS BEEN IN A CORRECTIVE STRUCTURE AND SEEMS TO HAVE BROKEN BELOW THE LOWER TRENDLINE OF THIS STRUCTURE. WE EXPECT FURTHER MOVES TO THE DOWNSIDE TOWARDS THE 90% RULE AT THE 115.831 LEVEL. GOOD LUCK. TRADING IS RISKY AND THIS POST IS FOR EDUCATIONAL PURPOSES ONLY.

EAFXG Updated 

EUR/USD HAS A POTENTIAL SHORT OPPORTUNITY. WE ARE CURRENTLY IN THE TRADE AND WE ARE HOLDING DOWN TOWARDS THE 90% LEVEL.

EAFXG Updated 

USD/CAD HAS HIT THE LOWER TRENDLINE OF THIS DESCENDING CHANNEL AND WE ARE LOOKING AT A POTENTIAL LONG POSITION.

EAFXG Updated 

EUR/JPY IS APPROACHING A MAJOR RESISTANCE. WE WILL BE LOOKING FOR LONG OPPORTUNITIES UPON A BREAK OF THIS REGION.

EAFXG Updated 

AUD/JPY IS APPROACHING A PREVIOUSLY TESTED RESISTANCE ZONE AND WE WILL BE LOOKING AT POTENTIAL SHORT POSITIONS FROM THAT LEVEL. WE ALSO HAVE THE UPWARD CHANNEL AND IF WE HAVE A BREAK OF THE RESISTANCE WE WILL BE LOOKING FOR SHORT OPPORTUNITIES UPON THE TOUCH OF THE TOP TRENDLINE.

EAFXG Updated 

WE HAVE A POTENTIAL LONG OPPORTUNITY ON EURCHF. WE ARE WAITING FOR A BREAKOUT FOR CONFIRMATION TOWARDS THE UPSIDE.

EAFXG Updated 

WE HAVE BEEN WATCHING GBPCHF THROUGHOUT ITS CONSOLIDATION PERIOD AND WE HAVE BEEN WAITING FOR A BREAK OUT THAT HAS FINALLY HAPPENED AND CONFIRMED ITS MOVE TO THE DOWNSIDE. WE ARE ANTICIPATING GBPCHF TO GO DOWN TO THE 1.17000 REGION. HAPPY TRADING!

EAFXG Updated 

HELLO TRADERS, USD/JPY JUST BROKE OUT OF A MAJOR RESISTANCE AND WE ARE LOOKING TO LONG THIS PAIR TO THE 113.900 REGION. WE ARE GOING TO BE LOOKING FOR ENTRIES FOLLOWING A RETEST OF THE PREVIOUSLY BROKEN RESISTANCE ZONE ON A LOWER TIMEFRAME GOODLUCK AND HAPPY TRADING!

EAFXG Updated 

GBP/USD HAS BEEN ON A BEARISH MOVE AND WE MANAGED TO CATCH A RETRACEMENT AND FILL A SHORT ENTRY. WE ARE EXPECTING IT TO DROP DOWN TO THE 1.28397 REGION AND HIT THE LOWER TRENDLINE. HAPPY TRADING!

EAFXG

JUST AN UPDATE IN REGARDS TO THE EUR/JPY LONG SETUP. WE HAVE SEEN AN EVENING STAR CANDLESTICK PATTERN ON THE 4H TIMEFRAME AND WE COULD SEE A POSSIBLE RETRACEMENT DOWN TO THE 50.00 - 61.80 FIBO REGION WHICH IS ALSO A RESISTANCE ZONE TURNED SUPPORT. GOODLUCK AND HAPPY TRADING!