See brief details on the chart, ideas is based on simple pullbacks, retracement, extension and trend breakout. This is a longterm trade, so it requires lots of patience. Target achievment could take months. Trade safe guys
After news statements from UK and europe both EUR and GBP were rising now i see a downfall coming in days.
Looking at the daily TF, price has broken a significant resistance level and also a donwtrend line. We can expect a upward move towards to the previous resistance which is also meeting a trend line drawn from previous high levels. Possiblities are there that the price before going up can retest the downtrend line once more and then up. Trade safe guys
GBPCAD has broken a weekly strong downtrend. This week was a very strong bullish candle and has broken the weekly downtrend. The price might move upward for few weeks, as gold is also droppign weakning CAD, gold might fall to 1200. This is a longterm buy trade,so lots of patience is needed. Trade safe.
The price has broken a very strong weekly downtrend move and recently retested the previous support which was broken. Also the price has created new HH indicating buy oppurtunity. STOCH is also indicating buy oppurtunity. This is very longterm trade, so lots of patience is required. Buy limit order is set @ 109.046, SL @100.337 and TP @134.675 Trade safe guys
EURAUD- thoughts:The price is moving in channel which has outer trend line , inner trend line and center trend line, looking at the PA its very clear that price respecting the trend lines and currently the price is moving towards the center trend line if it breaks this, we can see a pontential long trade with targets as TP1 inner trend line and TP2outer trend...
See details. Nice price rejection and short trade.
Looking at the GU price movements. The red line looks a good support zone where the price has tested many times and with one one false breakout and but most of the times price was supported at this level. Also the price has been in a donward movement following the trend line. The price has given a pin bar and 4 days the price got good support at the red line, and...
I am expeting XXXUSD to go up on tomorrow's NFP. Let us see.
Simple price action rejection and reveral trader. its a longterm trade trade small lots.
Looks like EU has completed a big wave of downtrend for the last years starting from last finanical crisis in 2008. Also the price is below 61.8 and has stayed in that area or consolidating for some good time. We may expect EU to take a next big wave up.
Both bullish and bearish trade options depending upon price breaking certain levels.
Simple price action rejection at the monthly high resistance and a reveral is expected. The price could possibly try to test the lowest low monthly. This is a very long term trade guys, could take months, small lots preferable. Trade safe guys
Looking a the monthly price action movements and comparing two previous price movements, where the price broke the uptrend and tested the lowest support level. I am expecting the price will try to do a retest of the same lowest support level one more time. This is very longterm trade or call it is a poistion trade, lots and lots of patience is needed. Trade safe.
Based in potential pattern formation.
Price rejection and reveral, price could reach 50% fib. Trade safe guys
simple PA , this pair has been going all day up, now H1 showing price rejection and a short term reversal is expected to 50 or 61.8 fib level. trade safe guys
On a daily TF price has tested the trend line already got rejected twice and third time there is potential that the price is rejected again and we then see a reversal. TP1- 38.2 and TP2-61.8 Trade safe guys