Buystop
USDCAD 1H RANGE TRADE SETUP FOR NFPPair has been in a range for awhile
NFP News is tomorrow morning which should help price breakout of range
Long Trade
Buy Stop @ 1.2933
Buy Take Profit @ 1.3000
Sell Trade
Sell Stop @ 1.2795
Sell Take Profit @ 1.2735
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
BCHUSD 1H DUAL TRADEWhich trade will be determined by the market timing
Long Trade - 5 candle reversal fractal breakout
Take profit previous resistance level
Short Trade - Flag bearish continuation
Take Profit determined measured pole distance
ETHUSD 1H FIB BREAKOUTPrice had a bearish move.
Price retraced back into a 38.2% to 61.8% Fib and has consolidated there
Buy stop above 61.8% fib and resistance level 571.12
Bullish Take profit at 100% fib & 1.272% fib
Sell stop with a close below 38.2% fib
Bearish take profit at 0% fib & -.272% fib
GBPJPY 4H LONG TRADEPrice is in between 50 sma and 100 sma
Chart showed good example price goes halfway and falls back to 50 sma
Macd above 0 level line Bullish bias
Price will continue to 100 sma or may fall back to 50 sma again
If price falls back to 50 sma it will continue falling or bounce towards 100 sma
Watch Macd for direction
Two possible ENTRIES
Take Profit is either 50 pips or the 100 sma
SL below 50 sma
NZDUSD long setupThis pair has recently broken the declining trendline to the upside and is currently in an uptrend.
The retracement of the latest impuls has created a support zone for stop loss placement.
The buystop order has been placed @0.7267, targets @0.7325 and the stoploss beneath the support zone @0.7218.
Happy banking!
EURUSD breakout setup A break of the resistance zone would complete a buy stop opportunity.
The rising trend line has been retested multiple times and has proved to act like support.
The buystop order has been placed above the resistance zone @1.1932, targets @1.2042 and the stoploss beneath the rising trend line @1.1849.
Happy banking!