KN_FXtrader

KN_FXtrader

As you can see we might face a bat pattern plus an ABCD pattern.

KN_FXtrader

In my opinion we are now facing an ABCD retracement move for this pair. This offers us a great opportunity to short based on candlestick patterns. I have two possible trades in my chart. The first one just trade the break of the previous low until the channel resistance line. On the other hand, the second one is more aggresive, trying to gain from the breakout of...

KN_FXtrader

The price is moving in retracement in Daily chart. It is now facing the 200 MA resistance. We could look in lower timeframe to set up a buy opportunity with low risk and high reward.

KN_FXtrader Updated 

The pair is moving in bearish trend. My sell zones are set as shown in the chart. I am looking for fibonacci levels to start selling. My target area is aroung 120.00.

KN_FXtrader Updated 

We can see a possible Elliot Wave pattern as shown in the chart. The target is at the area of 157.27/156.27. A breakout of fobonacci levels (strong resistance level) however, would lead the price higher to 188.84 where is the beginning of wave 3.

KN_FXtrader Updated 

My view about this chart is a possible bearish gartley. In the same level with point D, there is also a trendline resistance, so it seems a strong bearish level.

KN_FXtrader Updated 

As you can see we have a possible wave pattern. We should now wait for the beginning of wave 5 to trade. Nice RR might be offered.

KN_FXtrader

As you can see in the description below my first idea was an elliott wave pattern for this pair. So, i have now open a long position as shown in the graph.

KN_FXtrader

The price is moving in an uptrend channel. My targetis at 127.20% of fibo extension

KN_FXtrader

As you can see, we have a double top pattern plus channel breakout. My first target is the level of TP1 and my final target is the 127.20% fibo extension at 0.62025.

KN_FXtrader

We can see in this chart a possible H-S pattern. My suggested trade is the one shown in the chart. As we can see it offers us a good RR ratio, so i think it deserves a try. Let's see.

KN_FXtrader

The price is moving in a strong resistance area. A pullback and a breakout of the trendline is possible. My target is the one shown in the chart.

KN_FXtrader

Buyers is thargeting the area of 0.6862/0.6842. We should wait the reaction of the price at this level. A breakout of the long term trend line would set bull's next target at fibonacci extension levels.

KN_FXtrader

The price is now moving to a crucial area of 86.00/86.13. We might a a strong bullish movement at this level with main target the previous high/resistance retest. We have a divergence with RSI so keep an eye on this pair.

KN_FXtrader

The pair is moving in downtrend. It has shape a triangle pattern. The ideal trade would be to wait for the breakout. However the trade i present is offering a nice risk-reward ratio setup. I think it worths a try. More info in the chart. Like if you agree...

KN_FXtrader

Information in the chart. Please like if you agree.

KN_FXtrader

The price tried to go below the important level of 1.4946.( touched the fibonacci extension level also). At this point we saw a strong bulish movement that puhed the price above the psychological level of 1.5100. We are waiting important announcements for GBP this week, so its important to check if the price manage to stay above 1.5100. In this case it is possible...

KN_FXtrader

The price is moving in uptrend. Now it is shaping wave 4. I expect it to be completed at fibonacci levels (c point). Then a move higher for wave 5 is expected.