Pro-Trading-Africa

Pro-Trading-Africa

AUDCHF is currently descending from the lower high area of the channel, visible in both the 4-hour and daily charts. 📉 Expectations: Anticipate the pair to re-test key support levels as highlighted in the attached chart. 💡 Trading Strategy: This trade is grounded in a mix of technical analysis and candlestick patterns. It's a long-term position, so ensure...

Pro-Trading-Africa

CADJPY is currently descending from the lower high area of the channel on the 4-hour timeframe chart. Additionally, there's a breakout on a minor bullish channel observed in the 1-hour timeframe. 📉 Expectations: Anticipate the pair to re-test key support levels, as highlighted in the attached chart. 📊 Trading Strategy: This trade is a long-term position,...

Pro-Trading-Africa

USDCAD has reached the higher low area of the bullish channel in both the 4-hour and weekly timeframes. 📉 Expectations: Anticipate the pair to re-test key support levels as highlighted in the attached chart. 📈 Trading Strategy: This trade is based on a combination of technical analysis and candlestick patterns. It's a long-term position, so ensure sufficient...

Pro-Trading-Africa

AUDUSD is currently breaking the lower high area of the descending channel on the daily timeframe. Additionally, a Cup and Handle formation is visible on the 4-hour chart, indicating a potential bullish continuation. 📉 Expectations: Anticipate the pair to re-test key support levels as highlighted in the attached chart. 📊 Trading Strategy: This trade is based on...

Pro-Trading-Africa

📈 Market Analysis: AUDNZD BUY 📊 Technical Analysis: AUDNZD has reached the bottom (higher low) area of the symmetrical triangle in the daily timeframe chart. Additionally, the pair has touched the lower trend line of the descending channel on the 4-hour time frame. 📉 Expectations: We anticipate the pair to re-test key support levels as highlighted in the...

Pro-Trading-Africa

The USDCHF is currently rebounding from the lower low area of the ascending channel. A bullish flag has formed on the 4-hour timeframe, signaling potential upward movement. 📊 Expectations: We anticipate the pair to re-test key support levels as highlighted in the attached chart. 📉 Trading Strategy: This trade is based on a combination of technical analysis...

Pro-Trading-Africa

EURCHF has revisited the horizontal support area on the weekly timeframe chart. 🔍 Analysis: Anticipating a re-test of key support levels (see chart). Trade decisions based on technical analysis and candlestick patterns. 📊 Long-term Trades: Ensure sufficient margin for market fluctuations. Employ proper risk management based on your account size. 📜 Trading...

Pro-Trading-Africa

🔍 In the 4-hour timeframe, AUDJPY is descending from the retest area of the broken ascending channel. 📊 We anticipate the pair to undergo a re-test of the key support levels highlighted on the chart. 📈 This trade decision is rooted in technical analysis and candlestick patterns. 🔄 As these are long-term trades, it's recommended to maintain sufficient margin to...

Pro-Trading-Africa

🔍 CADCHF has recently bounced from a significant horizontal support level observed on both the 4-hour and daily timeframes. 📊 We anticipate a re-test of key support levels as indicated on the chart. 📉 Our decision to enter this trade is grounded in technical analysis and candlestick patterns. 🔄 These trades are long-term in nature; therefore, it's recommended...

Pro-Trading-Africa

EURJPY is moving in an Ascending channel on the 4 Hour Time Frame and the market has rebounded from the higher low area of the channel. We expect the pair to re-test the key support levels listed on the chart, We are taking this trade based on technical analysis and candlestick patterns. These are long-term trades, It is advisable to have enough margin to...

Pro-Trading-Africa

GBPUSD is moving in an Ascending channel and the market has reached the higher high area of the channel. We expect the pair to re-test the key support levels listed on the chart, We are taking this trade based on technical analysis and candlestick patterns. These are long-term trades, It is advisable to have enough margin to handle the fluctuation of the...

Pro-Trading-Africa

USDJPY is retesting the broken horizontal support level on the 4-hour timeframe, or the lower trend line. We expect the pair to re-test the key support levels listed on the chart, We are taking this trade based on technical analysis and candlestick patterns. These are long-term trades, It is advisable to have enough margin to handle the fluctuation of the...

Pro-Trading-Africa

CADCHF bounced from a major support level on the daily time frame, and also bounced from the upper trend line of a bearish channel on the daily timeframe chart. We expect the pair to re-test the key support levels listed on the chart, We taking this trade based on technical analysis and candlestick patterns. These are long-term trades, It is advisable to have...

Pro-Trading-Africa

AUDUSD has reached the higher low area of the ascending channel and the new horizontal support zone in the 4-hour timeframe chart We expect the pair to re-test the key support levels listed on the chart, We taking this trade based on technical analysis and candlestick patterns. Please use proper risk management depending on your account size, Use lot sizes...

Pro-Trading-Africa

AUDNZD has retested the upper trend line of a horizontal channel on the H4 time frame, This could become a new resistance area in the daily timeframe. We expect the pair to re-test the key support levels listed on the chart, We taking this trade based on technical analysis and candlestick patterns. Please use proper risk management depending on your account...

Pro-Trading-Africa Updated 

CADCHF bounced from a major support level on the 4 hour time frame, and also bounced from the upper trend line of a bearish channel on the daily timeframe chart CAD to be volatile during BoC interest rate decision today (25/10/2023) We expect the pair to re-test the key support levels listed on the chart, We taking this trade based on technical analysis and...

Pro-Trading-Africa

GBPCHF has reached a higher level of a trend line of the descending channel in the daily timeframe chart We expect the pair to re-test the key support levels listed on the chart, We taking this trade based on technical analysis and candlestick patterns. Please use proper risk management depending on your account size, Use lot sizes based on these...

Pro-Trading-Africa

GBPCHF has retested the support level of the horizontal channel on the H4 time frame, This could become a new resistance area on the daily timeframe. We expect the pair to re-test the key support levels listed on the chart, We taking this trade based on technical analysis and candlestick patterns. Please use proper risk management depending on your account...