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NZDJPY Sell OpportunityNZDJPY strong downwards weekly trend and has bounced off of weekly inner downtrend line. Sell at downtrend line areas 70.33 and 71.60 down to next support area 66.91 Indicators: 1. Downwards weekly down trendline 2. New lows since July 20th. 3. Look for lower lows for indication of strong bear market. Entry @ downtrend line areas (yellow). TP at 50 pip increments to protect profits. Good luck trading! Please like to help these free analysis reach more people that may benefit from it. Let me know how I can help. Charles V www.cvfxmanagement.com Trading made Simple.
Short
by cvfxwealth
EURUSD Sell Opportunity 200+ pipEURUSD at main resistance area of 1.1900 Pair is volatile but extremely overbought, expecting a short possible retrace. Entry: 1. Aggressive Entry @ current price area of 1.1870 2. 1.1900 area TP 1: 1.1700 TP 2: 1.1600 50 pips stop loss 1:2 and 1:4 risk reward trade. Trade safely on this one, see my main EURUSD idea linked. I am waiting for a strong bear daily candle close and at least a weekly bear candle before trading this down to long-term target of 1.1400 handle. But this pair is a good sell for short pips. I recommend taking increments of 30-50 pips if you are selling to protect risk to the upside. Good luck trading! Let me know how I can help. Charles V www.cvfxmanagement.com @cvfxwealth Trading made Simple
Short
by cvfxwealth
NZDCAD Sell Opportunity - ConfirmedSee past NZDCAD Idea. We are in a downwards weekly channel with the top channel holding as resistance. Indicators: 1. We have confirmation of bearish daily candles closed under the channel with lower lows. 2. Weekly RSI in sell zone 3. Main direction is downwards. Entry: 1. Top of channel @ 0.8877 area 2. Aggressive entry @ 0.8844 area TP 1 @ 0.8680 TP 2 @ 0.8379 Good luck trading! Let me know how I can help. Charles V www.cvfxmanagement.com Trading made simple.
Short
by cvfxwealth
EURJPY Sell Opportunity 200 PipsEURJPY overbought, looking to sell once we have a confirmation. Indicators: 1. In large resistance area. 2. Weekly RSI in sell zone. Entry: Wait for bearish candlestick close under up trend line to confirm downside movement. 1. Enter at candle close below uptrend line around area 124.20 area 2. Enter at retest of backside of uptrend line around 124.70 area TP 1 @ 123.00 TP 2 @ 122.55 uptrend line (green) Good luck trading! Let me know how I can help. Charles V www.cvfxmanagement.com Trading made simple.
Short
by cvfxwealth
EURAUD Buy 4hr TimeframeThis pair has generated thousands of pips since bounce of bottom support area. See past trade idea. Indicators: 1. Currently at a support and looking to reach the next resistance area. 2. Strong bounce off up weekly channel 3. Created higher highs on 2-4 hr time frame Entry: 1. Current price of 1.6418 (support area) 2. 1.6340 area at lower support area TP 1: Next Resistance at 1.6590 area TP 2: Higher Resistance at 1.6850 area Remember: Always look left, when trading. Good luck everyone! Charles V www.cvfxmanagement.com
Long
by cvfxwealth
NZDCAD Sell 800 Pip Opportunity UpdateMy previous analysis of EURNZD Sell entry was to wait for a daily bear candlestick formation. We have multiple bear candles below the downwards channel on the weekly. Entry: 1. Sell at retest of weekly downtrend line @ .8920 area. 2. Current price of 0.8863 area Indicators: 1. Pair currently trading in downwards channel acting as resistance. 2. Daily Uptrend line has been broken and back has been retested as resistance 2. Weekly RSI overbought bulls are weakening. 4. Strong Daily Bearish Candlestick close TP levels: Take short TP levels of 40-50 as this pair is can still consolidate or move downwards slowly. Good luck trading! Let me know how I can help. Charles V CVFX Management www.cvfxmanagement.com @cvfxwealth Trading made simple.
Short
by cvfxwealth
GBPUSD Sell Opportunity 900 PipsGBPUSD at a strong pivot point historically. Looking at a sell opportunity once we have confirmations. Indicators: 1. Downwards weekly trendline 2. Weekly RSI in strong sell zone 3. Weekly candlestick has closed under Down trendline Entry: 1. Aggressive trade @ current price of 1.3073 with short stop loss. 2. Wait for large bear candle on daily to sell down. (current POV) TP 1: Shorterm: Next support @ 1.2829 area TP 2: Long term: Large support @ 1.2116 area Good luck trading! Let me know how I can help. Charles V www.cvfxmanagement.com @cvfxwealth Trading made simple
Short
by cvfxwealth
2
EURAUD Flag Formation - Buy UpdateFlag formation on EURAUD, watch for a breakout shortly today into London session. Please see my past ideas on EURAUD, this is a pair I will be buying up for the next few weeks. Indicators: 1. Weekly RSI in buy zone 2. Upwards weekly channel and a strong bounce from bottom of channel 3. Higher highs, higher lows created Entry 1. Bottom of Flag for aggressive entry 2. Support at 1.6375 area TP 1: 1.6565 area TP 2: 1.6770 area Good luck! Let me know if you have any questions. Charles V www.cvfxmanagement.com @cvfxwealth Trading made simple
Long
by cvfxwealth
AUDCAD Sell: 300+ pip Opportunity UpdateAUDCAD bounced off top of channel as expected (see past AUDCAD idea linked). This trade profited over 100 pips. Waiting on a break of .9500 area and a close under it. This will confirm more selling to the bottom side. Indicators: 1. Weekly trend is still downwards. 2. Weekly RSI overbought, now in a strong sell zone Entry: Once we have a break of channel, sell on the retest of the bottom channel (new resistance). TP 1: next support area of 0.9426 TP 2: higher time frame support of 0.9283 Good luck trading! Charles V www.cvfxmanagement.com @cvfxwealth Trading made simple
Short
by cvfxwealth