ProsperoFX

ProsperoFX

Is the end of the downtrend era on GBPUSD? I assume we're and the end of the GBPUSD downtrend era and I'm looking for a strong correction. Not sure if this correction will start trend change, however after days of downtrend strong correction is more than certain. I expect 150-200 pips move.

ProsperoFX

After a 210 pips up-move, we're seeing a parallel channel. I expect that price is going to move within the channel for the next few days. When the price touch the bottom line of the channel and RSI on H4 TF will drop around level 30 I'm going to search a chance to buy this pair again.

ProsperoFX Updated 

We're at a possible sell zone. We reached 70RSI level. GBP is a little bit overbought. Time to go south.

ProsperoFX Updated 

After more than a month of a downtrend, we're ready to go north. Potential sell zone marked on chart.

ProsperoFX

On the AUDCAD pair we see a standard situation where two different approaches to trading are used to open a new trade. One approach is to wait for a correction and trend continuation (we observe a very strong downtrend) on the other hand we can assume this was just a fake breakout - SL on many accounts has been triggered and maybe it's time to buy this pair?...

ProsperoFX Updated 

It is very likely that EURCHF will go up. EURO is very cheap now. We're below price which we have not seen from May'20. I opened long position with SL around 1.0420 level. TP is open.

ProsperoFX Updated 

Euro oś very cheap now. Price breakdown from sideways trend. Many investors think that price MUST go down again. I bet price start to rise very soon. Good time to buy with wide SL and nice R:R ratio.

ProsperoFX Updated 

A marked candle in the chart may announce a trend change. We saw w dozen of pips up move and now we're ready to go north now.

ProsperoFX Updated 

This is neutral ideal so far. I marked possible overbalance at the chart with possible sell zone. It's worth to keep an eye on this pair. We'll know more just after GDP news in the UK.

ProsperoFX Updated 

After a few days of stronger EURO we noticed a very fast drop. Now the price went into sideway trend. It's good time to buy this pair. SL below down edge of sideway trend. TP open!

ProsperoFX

On GBPUSD we can see a nice channel. Tomorrow GDP news. I bet on SHORT on this pair.

ProsperoFX

For the last days, we see EURUSD drop. Quite a strong downtrend. In my opinion, this may be the end of EURUSD downtrend. I put some bet on EURUSD long trade. SL set around 1.1480.

ProsperoFX

We reached key levels. I opened SHORT trade.

ProsperoFX

Price is moving within channel marked on the chart. We see a false breakout from the channel. I personally opened an LONG position.

ProsperoFX Updated 

USDJPY reached key resistance levels. We can see many times price has reached this level and went back. I expect that after fake breakout and when sentiment will change to BUY we we'll be ready to SELL. For now I keep my eyes on this pair. Stay tuned for future updates.

ProsperoFX

It seems price started to move within the marked channel. I'll try to find to open a SHORT position opportunity when price reach the upper band of the channel and there will be a SELL signal. Follow my channel to keep updated.

ProsperoFX

We reached key levels. Price went below the previous lowest levels from 26th Sep.and it seems does not continue to fall. We have a nice opportunity to open a long position with a potential nice R/R ratio. Follow me to keep updated!

ProsperoFX

I marked possible sell zone on chart.