Pair: USDCAD Timeframe: 1H 4H Analysis: Round number level, Support break, Trend break, volume profile Key Takeaway: Break of current trend to the downside ————— Level needed: Need to see price hit 1.29790 ————— Trade: short RISK:REWARD : 1:5
Pair: NZDCAD Timeframe: 1H 4H Analysis: Round number level, Resistance break, Consolidation, volume profile Key Takeaway: Break of consolidation ————— Level needed: Need to see price hit 0.80595 ————— Trade: long RISK:REWARD : 1:5
Pair: GBPUSD Timeframe: 1H 4H Analysis: Round number level, Resistance break, Trend break, volume profile Key Takeaway: Break of current trend ————— Level needed: Need to see price hit 1.19645 ————— Trade: long RISK:REWARD : 1:4
We entered this trade as soon as the trend channel had broken, we have also seen significant weakness in USD over last week which compares greatly for bearish momentum for the pair, currently in 50 pips profit
Price has dropped like a sac of potatoes and we are in around 40 pips profit, amazing entry after the break and are going to be holding alot longer
Currently up around 30 pips, price had a retracement but then the bulls took over and smashed price up towards next rounded number level
Pair: NZDUSD Timeframe: 1H 4H Analysis: Round number level, Support break, Trend channel, volume profile, High ATR bearish candles Key Takeaway: Break of trend channel ————— Level needed: Need to see price hit 0.61580 ————— Trade: long RISK:REWARD : 1:5
Pair: GBPAUD Timeframe: 1H 4H Analysis: Round number level, Support break, Pennant pattern, volume profile, High ATR bearish candles Key Takeaway: Break of pennant pattern and support ————— Level needed: Need to see price hit 1.74940 ————— Trade: Short RISK:REWARD : 1:7
Pair: USDCHF Timeframe: 1H 4H Analysis: Round number level, Support break, Trend channel, volume profile, High ATR bearish candles Key Takeaway: Break of trend in trend channel ————— Level needed: Need to see price hit 0.97970 ————— Trade: Short RISK:REWARD : 1:5
Pair: AUDCAD Timeframe: 1H 4H Analysis: Round number Resistance bounce, Trend channel, volume profile, High ATR bearish candles Key Takeaway: Bounce off trend and resistance ————— Level needed: Need to see price hit 0.88240 ————— Trade: Short RISK:REWARD : 1:6
Pair: EURCHF Timeframe: 1H 4H Analysis: Round number level, Support break, Trend channel, volume profile, High ATR bearish candles Key Takeaway: Break of trend in trend channel ————— Level needed: Need to see price hit 0.98335 ————— Trade: Short RISK:REWARD : 1:4
Pair: EURJPY Timeframe: 4H Analysis: Round number level, resistance break, trend line break, bullish pin bar stick --------------- Key Takeaway: Break of Round number level --------------- Level needed: Need to see price hit 139.533 --------------- Trade: Long Risk:Reward : 1:10
Pair: GBPUSD Timeframe: 1H 4H Analysis: Round number level, Support break, Trend channel, Fibonacci retracement, volume profile, High ATR bearish candles Key Takeaway: Break of support ————— Level needed: Need to see price hit 1.18155 ————— Trade: Short RISK:REWARD : 1:4
Pair: AUDJPY Timeframe: 4H Analysis: Round number level, resistance break, trend line break, new trend starting, round number levels Key Takeaway: Break of Round number level and resistance Level needed: Need to see price hit 93,825 Trade: Long RISK:REWARD : 1:7
TIMEFRAME: 4H TOOLS USED: 200EMA, trend channel, dynamic support/resistance We can see price has broken the 200EMA on the 4 hour which is a huge confirmation of the trend changing and along with that we break support and trend line which are also very very significant levels Potential Profit: 500 pips position: Long
pair: CHFJPY Timeframe: W1 / 4H ANALYSIS TOOLS: 200EMA, trend lines, dynamic support and resistance, Fibonacci POTENTIAL PROFIT: 500 pipss POSITION: short Entered now
PAIR: AUDCHF TIMEFRAME: D1 / 4H ANALYSIS TOOLS: RESISTANCE/SUPPORT, TREND CHANNEL, CANDLESTICK PATTERNS, CONTINUATION PATTERNS -Price is showing less volatility at the touch of support on trend channel -Also hit significant dynamic support -Waiting for bullish candles before entry -Aiming for last historical high on Daily chart ESTIMATED PROFITS: 400 PIPS POSITION: LONG
PAIR: GBPNZD TIMEFRAME: D1 / 4H ANALYSIS TOOLS: SUPPORT/RESISTANCE, TREND LINES, CANDLESTICK PATTERNS -Price broken support trend line and has retested it as resistance -Also hit very significant and historical resistance and seeing some sort of bearish momentum -Waiting for candlestick confirmation until we enter ESTIMATED PROFITS: 300 PIPS POSITION:...