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Currencytrading

GBPTRY: Short opportunity within a Descending Triangle.The pair is comming off a rejection on the Lower High trend line of the 1M Descending Triangle (RSI = 60.943, MACD = 0.510, Highs/Lows = 0.000). Based on the previous Lower High made and the RSI it traded, we are expecting a stronger decline towards the previous low. Our sell Target Zone is 6.87000 - 7.00000. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Short
by InvestingScope
2
AUDNZD Double Bottom With A Trend Line BreakThe Weekly and Daily Time Frame are all bullish in middle of making their way up to resistance, coming from a strong solid support, the weekly time frame had scored a point and pulled back but I still believe that this is going up higher. the market has formed a double bottom and already broke the counter trend line Im going to wait for the market to pull back then im going to enter and im going to watch out at the resistance level if it breaks through it or if its going to stop and further consolidate, bigger picture this should break out to the north.
Long
by ElyaStein
EURHUF: Strong long opportunity on the 1W Channel Up.The pair has been trading on a very strong and steady 1W Channel Up since April and has just hit the Higher Low supporting trend line (RSI = 53.917, MACD = 2.461, ADX = 44.042, Highs/Lows = 0.0000). This makes it an automatic buy opportunity for us, especially since the RSI on the 1D time frame nearly hit 30.000 and rebounded. Our Target Zone is 338.000 - 340.000. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Long
by InvestingScope
We are bullish on EUR/JPY as at OCT. 15, 2019We are bullish on EUR/JPY as at OCT. 15, 2019 Risk = 0.5% of Free Equity Entry price = 119.777 Stop Loss = 117.915 Take Profit : 135.946 Global Trade Management Strategy: We will applied the Global Trailing Stop System for Global Trading Strategy #4 The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities , currencies, or other instruments, those references do not constitute a recommendation by Global Financial Engineering,Inc. to buy, sell or hold such investments. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.
Long
by globalfinancialengineering
Possible EUR/AUD Short position !!SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY SMP Strategy Chart time frame - H4 Timeframe - 1-3 Days A – Activating Event Market will meet resistance in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market will move towards the first Target 1 level @ 1.621 C - Fundamentals that may affect the pair AUD Unemployment Rate on the 17th Oct @ 10:30 AEST D - Trade Management Entered @ ..... Stop Loss @ ..... Trailing Stop Loss@..... Target 1 @ 1.621 Target 2 @ .... Risk/Reward @ 2.5.1 Happy trading :) Follow your Trading plan, Remain disciplined and Keep learning !! Please Follow, Like,Comment & Follow :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader