priesh

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Markets Allocation
100 % forex
Top Mentioned Symbols
EURUSD 42% | 3 NZDCHF 14% | 1 EURNZD 14% | 1 USDJPY 14% | 1
priesh priesh EURUSD, 60, Short ,
63 0 2
EURUSD, 60 Short
Break of rising wedge on 15m and 1hr EURUSD SHORT

Potential short opportunity here. The candles have broken through the rising wedge pattern, waiting for price to cross below the major resistance (dotted line) and the 13 EMA (purple line). If price breaks these two lines then would expect price to retrace around the 200 EMA (red line).

priesh priesh USDJPY, 60, Short ,
39 0 1
USDJPY, 60 Short
USDJPY on flat wedge, and crossing of 200 and 50 EMA on 4hr TF

USDJPY's 200 and 50EMA lines have crossed on the 4 hour timeframe indicating confirming that there is a downtrend. In addition to this, if we go down to the 1 hour timeframe we can see that over the past 12 hours, the price movement is forming a flat bottom wedge (similar to the wedge that formed before the FED rate hike and price fell). The flat bottom wedge acts ...

priesh priesh GBPJPY, 60, Long ,
34 0 2
GBPJPY, 60 Long
EMA Cross on GBPJPY will confirm long trade

Expecting the 200EMA to cross under the 50EMA line over the next couple of hours on this timeframe. Once the 2 lines cross will confirm a reversal and bullish trend, at which point start looking for good entry points.

priesh priesh EURNZD, 15, Long ,
39 0 2
EURNZD, 15 Long
EURNZD Long following uptrend wedge and failure to break 50 EMA

This pair is close to a breakout as can be seen by the uptrend wedge that I have drawn on the chart. Currently showing consolidation at the lower parallel trend line, and is failing to break the 50 EMA line despite the last few attempts. My analysis shows that this is a good setup for a long position.

priesh priesh NZDCHF, 60, Short ,
18 0 2
NZDCHF, 60 Short
Continuing Down Trend of NZDCHF

Following this brief retracement my analysis is showing that the downtrend of NZDCHF will continue. NZDCHF continues to make new lows everyday.

18 0 1
EURUSD, 60
EURUSD Ranging

Key support and resistance levels identified. Can't see any trends forming today off the 1 hour chart. Like to hear your thoughts on this!

priesh priesh EURUSD, 120, Long ,
25 0 3
EURUSD, 120 Long
EURUSD bounce back

I think that the there is an option to go long on this pair in the short term. It is failing to break the S1 pivot support level, I'm predicting a TP @ the pivot level. Further MACD analysis confirms this and indicates a trend reversal. Good luck!

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