USDZAR reached support and did break through resistance, waiting for the bullish impulse to the upside
AUDNZD reached an important support level with RSI convergence, ready to go long after breakout confirmation
CADJPY reversal spotted after an inverted head and shoulder formation, waiting for a breakout to confirm the trade
Hello Traders, I have done some research and found out that COVID cases are on the rise across Europe. Germany and France. They are expected to implement new measures and closure for 2 weeks in order to limit the spread. This contributes to EUR sales. At the moment the first resistance is 1.1875 and from there we can expect repulsion and the beginning of a...
Hello Traders, XAUUSD seems to be bullish on how this channel trend is looking. As well as the current candle that opened broke a triangle upwards. Trade Safe
Wait for retest on 0.90985 support, if bounces up look for a buy entry. However on previous 1D chart, there is evidence of a strong resistance level at 0.93157. Look for entries on 1H chart, if price breaks through the trend line
Hello Traders, USDCHF is starting to look bullish as it has touched a key level as well as it broke a trend line with bullish confirmation. Trade Safe
Hypothetical scenario: (1) Entry @ 6325.0 (Buy LMT ) (2) Stop Loss @ 6290.0 | 35 points (3) Target @ 6419.0 | 94 points (4) R:R = 1:2.69 Stay tuned for the updates. Follow and leave a like if you liked this idea and want to see more! *DISCLAIMER* This post is solely for educational purposes and does not constitute any form of investment / trading advice.
Hypothetical scenario: (1) Entry @ 0.69950 (Buy LMT ) (2) Stop Loss @ 0.69820 | 13 points (3) Target @ 0.70280 | 33 points (4) R:R = 1:2.54 Stay tuned for the updates. Follow and leave a like if you liked this idea and want to see more! *DISCLAIMER* This post is solely for educational purposes and does not constitute any form of investment / trading advice.
Hypothetical scenario: (1) Entry @ 1.12020 (Buy LMT ) (2) Stop Loss @ 1.11125 | 89.5 points (3) Target @ 1.14495 | 247.5 points (4) R:R = 1:2.77 Stay tuned for the updates. Follow and leave a like if you liked this idea and want to see more! *DISCLAIMER* This post is solely for educational purposes and does not constitute any form of investment / trading advice.
Hypothetical scenario: (1) Entry @ 1.25530 (Buy LMT ) (2) Stop Loss @ 1.25100 | 43 pips (3) Target @ 1.26465 | 93.5 pips (4) R:R = 1:2.17 Stay tuned for the updates. Follow and leave a like if you liked this idea and want to see more! *DISCLAIMER* This post is solely for educational purposes and does not constitute any form of investment / trading advice.
Hypothetical scenario: (1) Entry @ 0.96050 (Buy LMT) (2) Stop Loss @ 0.95780 (27 pips) (3) TP1 @ 0.96455 (40.5 pips) - 75% closure - SL @ Break-Even (4) TP2 @ 0.96805 (75.5 pips) - 100% closure Stay tuned for the updates. Follow and leave a like if you liked this idea and want to see more! *DISCLAIMER* This post is solely for educational purposes and does...
Check the Related Ideas section below where I'll post the USDJPY short trade, which is valid, but since there is enough room I thought that a short is also worthwhile taking while the long remains the bias from the higher timeframe. Hypothetical scenario: (1) Entry @ 108.010 (Buy LMT ) (2) Stop Loss @ 107.740 | 27 pips (3) Target @ 108.820 | 81 pips (4) R:R...
Hypothetical scenario: (1) Entry @ 1.23980 (Buy LMT ) (2) Stop Loss @ 1.22905 | 107.5 pips (3) Target @ 1.26415 | 243.5 pips (4) R:R = 1:2.27 Stay tuned for the updates. Follow and leave a like if you liked this idea and want to see more! *DISCLAIMER* This post is solely for educational purposes and does not constitute any form of investment / trading advice.
Hypothetical scenario: (1) Entry @ 0.69850 (Buy LMT ) (2) Stop Loss @ 0.69725 | 12.5 pips (3) Target @ 0.70155 | 30.5 pips (4) R:R = 1:2.44 Stay tuned for the updates. Follow and leave a like if you liked this idea and want to see more! *DISCLAIMER* This post is solely for educational purposes and does not constitute any form of investment / trading advice.
Hypothetical scenario: (1) Entry @ 1.52195 (Buy LMT ) (2) Stop Loss @ 1.51650 | 155 pips (3) Target @ 1.53745 | 54.5 pips (4) R:R = 1:2.84 Stay tuned for the updates. Follow and leave a like if you liked this idea and want to see more! *DISCLAIMER* This post is solely for educational purposes and does not constitute any form of investment / trading advice.
Hypothetical scenario: (1) Entry @ 1.66665(Buy LMT) (2) Stop Loss @ 1.65540 | 111 pips (3) Target @ 1.68925 | 226 pips (4) R:R = 1:2.03 Stay tuned for the updates. Follow and leave a like if you liked this idea and want to see more! *DISCLAIMER* This post is solely for educational purposes and does not constitute any form of investment / trading advice.
Hypothetical scenario: (1) Entry @ 1.52165 (Buy LMT ) (2) Stop Loss @ 1.51700 | 46.5 pips (3) Target @ 1.53225 | 106 pips (4) R:R = 1:2.27 Stay tuned for the updates. Follow and leave a like if you liked this idea and want to see more! *DISCLAIMER* This post is solely for educational purposes and does not constitute any form of investment / trading advice.