nkanven

nkanven Updated 

Here's my long setup on this pair. To keep it simple, I'll buy if price closes above the red and the blue line.

nkanven Updated 

Hello, I see a potential retracement zone between 0.5 and 0.382 fib levels. 138.141 line can act as a strong support area as price have been bouncing on it right from the weekly chart. I will go long if price closes above 138.141 level

nkanven Updated 

Pair is slowing forming a double top formation after a moving up in a range since may 2016. It might be the beginning of a good short trade (end of trend or just pullback to support level?) . Whatever the situation, The next 3 candles with determine if I short the trade or not. Attention to the channel resistance level, price may shoot to test it...

nkanven

Hey guys! Look at this formation. What do you think? As for me, it's a good Elliot wave ABC correction we might have here. On daily chart, am looking for an entry. We can see the 3 black (red) crows candlestick pattern. Aggressive traders can go short now and build the C impulse. Conservative can wait for the C impulse to complete. As for me, no time to wait.

nkanven Updated 

Hello guys! happy new year. UK100 indice is printing a nice range here and as we can see, it's at a very important point. Break or reversal? Our 2 most important questions. AS usual, we're not the one to decide, so let's watch it and see what the market will decide in the next coming candles. As for a personal analysis, I bet for a reversal. Price is at the...

nkanven

Hello swing and patient traders, I see a buy opportunity on the USOIL. The setup is good for me to buy but unfortunately, I don't take trade with R:R < 1:2 For those interested, it my be a good buy opportunity.

nkanven

Hi all! Although the flag formation have broken the support level, we have to notice that it didn't broke an important support level tested many times in the past. The close of the actual candle below 1.01820 will be my short signal.

nkanven Updated 

Hello everyone, we can see a kind of breakout of 1.45 level, is it false or pullback for a continuation? I can't tell. I need more signal to decide about which direction to take. For now it seems coming back into the channel. if so, I will go short and target the support level for TP, SL somewhere near 1.46 Notice, this level have been holding price for a very...

nkanven Updated 

Pair is slowing forming a double top formation after a moving up in a range since may 2016. It might be the beginning of a good short trade (end of trend or just pullback to support level?) . Whatever the situation, The next 3 candles with determine if I short the trade or not.

nkanven

USDCHF is trending sideway for a moment now after a huge uptrend. We have a flag formation here. Maybe it's a just a moment of consolidation for the trend to continue or the beginning of a reversal. I'll be waiting for a breakout to decide where to go.

nkanven

Am a rather aggressive trader so, I usually enter very quick. So here I have a possibility to go short as per this setup. Stop loss above the shooting start take profit from 0.5 fib retracement level.