PRO-TRADERS

PRO-TRADERS

The euro is still in its uptrend, next week we might see increased momentum as the price approaches the monthly resistance where we have set our profit targets. practice good risk management.good luck

PRO-TRADERS

cadjpy is under selling pressure and in the 4hrs chart theres is a formation of a head and shoulder pattern , which signals a small retracement upwards before the pair resumes its initial downward movement. practice good risk management stop los: 81.494 selling price: 81.437 take profit : 80.609

PRO-TRADERS

The audusd has approached a major resistance zone and completely forming the elliots waves 5th leg which might now signal the start of selling in anticipation of correction waves to follow . Practice good risk management. stop loss: 0.69426 selling price: 0.69285 take profits 0.68556

PRO-TRADERS

The usdmxn is testing a major trendline it had broken early and therefore this particular pair is headed for a nose dive lower to the previous lows. practice good risk management stop loss: 19.18925 selling price : 19.11400 take profit : 18.79924

PRO-TRADERS

The audjpy is forming a bearish symetrical pattern that is signalling a breakout to the downside. Practice good risk management stop loss: 74.778 selling price: 74.600 take profits 70.875

PRO-TRADERS

The eurusd is testing a resistance trendline and formation of the head and shoulder pattern is in the making. the price is at a region we can sell but we should wait for the formation of reversal candle stick pattern before triggering a sell trade as always practice good risk management and we are going to hold this trade for more than 3 days till our profit...

PRO-TRADERS

The eurgbp is testing a major supply zone or resistance region, and in the 4hrs chart we can see the formation of a head and shoulder pattern we are anticipating a massive move downwards once we start selling the 3rd leg of the correction pattern.practice good risk management and enter a sell trade once we get a bearish candlestick formation.Good trading