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Forexanalysi

USD/CAD SHORT SMASHED !! TARGET 1 HITThanks for your feedback! Much appreciation Can we all agree That USD/CAD was a good MONSTER trade!! target 1 was smashed target 2 STILL RUNNING, MOVE YOUR STOP LOSS IN PROFIT AND BANK 70% OF THE PROFIT Hope you guys banked your profit!! and i will post an update about any potential SETUP later FOLLOW ME FOR ANY UPDATES . IF YOU HAVE ANY QUESTION COMMENT BELOW I WILL RESPOND TOP DOWN ANALYSIS WEEKLY TIMEFRAME It has been an exciting time! we have see quite a rally to the upside, creating "higher highs" and "high lows" .But recently we have seen price creating a high low perfectly on the golden fib level 61.8% but lacked momentum to push it more high to the required target level 1.4000. so price drop 3 times to retest the demand level and price seems to range in between 1.33500-- 1.3000.But still our bias is still on the upside on weekly DAILY TIMEFRAME if we look at market structure we see market respecting "lower high " at 1.34300 and ''lower low'' at 1.30150 which we can see price retracing at 78.6% to the golden supply level around 1.33500. PAY ATTENTION TO THE PSYCHOLOGICAL LEVEL( SUPPLY LEVEL ) we see a lot of sellers at the level and rejection .this giving us more confidence for a potential short H4 and H1 TIMEFRAME all you have to look at is break of structure and how it is formed and how volume is flowing at those key level, wait for a potential rejection or wicks on the psychological level 1.33500 and i highly suggest proper risk management. this is one factor that separates retail trader from institution traders Target 1-1.32000( SMASHED ) Target 2-1.31100 target 3-1.30500 Happy trading and thanks for your support
Short
by ShinForex1
Possible trend shift in USDCHF – going shortThe Tidal Shift Strategy has just sold USDCHF at 0.99314. The system recommends entering this trade at any price between 0.9919 and 0.99438. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 1.40864, which suggests that the USDCHF could be trending downwards.The 14-period Average True Range on a daily chart is 0.00099, so the stop loss has been set at 0.99808. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours. Signal ID: 61522 Time Issued: Thursday, 31 January 2019 01:00:16 GMT Status: open Entry: 0.9919 - 0.99438 Limit: N/A Stop Loss: 0.99808 CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.58% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Short
by FXCM