Forex_signals
LONG OPPORTUNITY IN NZD/USDReasons-
1) Decisive bullish rejection from fibo golden ratio.
2) Hammer close at the support.
3) Previous resistance acting as support shows the conviction of the market participants.
4) Buying near the lower band of Bollinger puts more odds in our favour
5) Overall trend is up, we following the trend.
Kindly trade at your own risk
Good Luck ^_^
LONG OPPORTUNITY IN USD/CHFReasons-
1) Recent downside breakout making the noob traders open short positions.
2) Bank likely to book profits there and creating huge demand.
3) Stop losses of the bears getting triggered will also fuel the rally.
4) Monthly support is far important than daily support.
5) Buying long near the lower Bollinger band itself brings more odds in our favour
6) Bullish divergence on weekly (rsi)
7) Small stop loss and big reward capacity trade.
Kindly trade at your own risk.
Good Luck ^_^
LONG OPPORTUNITY IN EUR/JPYReasons-
1) Trading above the 200 ema & Ichimoku cloud on the weekly & daily.
2) Selling came at the weekly resistance but all supply absorbed.
3) Bears trapped and likely to have their stop loss above the recent high.
4) We enter where the bears are having their stop loss so that we can have a small stop loss with high reward potential.
5) Going with the trend makes it easy.
6) Breakout after long consolidation + retest.
Kindly trade at your own risk.
Good Luck ^_^
SHORT SELL OPPORTUNITY IN GBP/JPYReasons-
1) Trading below the 200 ema on weekly.
2) Rejection from the upper trendline of daily and weekly.
3) Formed "W" bearish harmonic pattern on the H4.
4) Noobie traders likely to go long as on the daily it seems to be an upside breakout+retest, not knowing we ready to steal their money :)
5) Bearish divergence on daily (rsi)
6) Good Reward:Risk
Kindly trade at your own risk
Good Luck ^_^
LONG OPPORTUNITY IN USD/JPYReasons-
1) Rejection from the lower trendline.
2) Bears are expected to book profits here and bulls are expected to open new long positions here.
3) Stop hunting has been witnessed on the H4 and H1 timeframe.
4) Double bottom chart pattern.
5) Good RRR
6) Slope of shorter period exponential moving averages have changed the course from downward sloping to sideways.
Kindly trade at your own risk.
Good Luck ^_^
What a clean trade This pair broke beautifully out of this setup
Next candle retested and succeeded, giving safer entry point
Broke to upside hit resistance, like most FX trades do, they swing back and take stops that have been moved to trailing stops
Then they accelerate upwards again!
Looking for more clean setups right now...
If you are in this trade, my take profits would be the levels highlighted by the darker blue dashed lines