EURUSD- We need to see a clear breakout of level and a retest maybe. The retest would be in confluence with 200EMA on H4. Let us know in the comment section if you have questions
CHFJPY- The resistance level (118.00) has been hold for quite a while now with several attempt to push lower but there is a mini support level at 116.30 that price struggles to break below. This resistance level stand as a barrier preventing price from pushing lower. We need to see a full body break of this level before a sell trade Entry: Depending on your...
Let us know in the comment section if you have questions
Let us know in the comment section if you have questions
EURUSD- We have seen an aggressive impulse move to the downside, we need to watch out for correction before further bearish continuation
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NZDCHF- 1) Price is a clear uptrend 2) Break and retest 3) On the H1, EMA trending with the market and also standing as support. 📌 Would be nice to see a bit of extension to the downside to tap the trend line and also see rejection before a buy trade. STOP LOSS - If we see a tap of the trend line, below the trend line is ideal. Target - Top trend line...
GBPNZD - Overall structure of this pair is a downtrend. Price found support at 1.86335 and pushed higher heading towards liquidity area which is our sell zone. I suggest you watch for an extension to the upside and also watch out for price action/exhaustion at this zone. Our 200EMA Is floating around this zone which we could use as extra support. STOP LOSS- once...
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EURGBP- We have more confluences on EURGBP which are: 1) Inverse head and shoulders 2) Bull Flag 3) 200 EMA in confluence with zone You might consider placing SL below the zone using the zone and 200EMA as extra protection Let us know in the comment section if you have questions
GBPNZD- Price broke slightly below the support level and looking at price action, we could see multiple rejections. This could be a false breakout. In order to be sure, we need to see price push above the support level and a retest and rejection to confirm our buy trade. Let us know in the comment section if you have questions.
NZDJPY- Current candle is breaking the trendline, we have head and shoulders which we know is a change in trend signal. We might see a pull back Let us know in the comment section if you have questions.
Let us know in the comment section if you have questions
Let us know in the comment section if you have questions.
CHFJPY- Looking at this pair, we have multiple wicks which shows every time the sellers tried to push price to the downside, the buyers prevents that from happening. Currently, price broke out of out 115.000 level which is currently bullish. We will narrow down to the smaller timeframe We will Wait for a pullback, retest or bullish pattern with candlesticks...