Forexforecast
USDCADthis pair can give you the fortune equal to trade with gold or silver just you need to know when and where to enter to such pairs
my suggestion for the fans - mark the first target and aim for it and dont be greedy the second target can be viable too but you can leave this pair and go for another or just enjoy the earn . . .
EURGBP - H1/H4 - Sell OpportunityI expect the price to respect the H4 trendline and continue in its downtrend. Multiple confluences confirm this with a strong ressistance zone which it had failed to break. Good Opporunity to sell in my opinion.
Target; 50-60 Pips
Although a break above this ressistance level and long term down trend will possibly confirm a reversal with bullish momentum over the next few days with a TP of 150-180 Pips.
We meet againLast week I attempted to short the usd/mxn and it didn't work out to say the least. This week I am back for more. The trend is still bearish and we are still below the midpoint of the range (rectangle). Selling here or higher with a stop above todays high at 20.4000. Hopefully the spike up marked the top and there will be continuation to the downside over the coming days and weeks. Ideally I would love to see the pair revisit the lows near 19.5000
CHFJPYin this pair we see stronger bearish power (as it took less candles to reach the same point as the bullish power did)
so we can wait for this pair to goes lower in values
Long opportunity in EUR/CHFReasons-
1) Weekly & daily trend is up
2) Bullish OB
3) Small stop for a big reward.
Kindly trade at your own risk.
Good Luck ^_^
AUDJPY ELLIOTT WAVE COUNTOn the daily timeframe, it is possible to assume that wave five has ended and a corrective waveform to the downside may soon begin.
The invalidation of the intermediate fifth wave (in blue) could be placed at the terminus of the current end of wave (5)
GBPCHF SHORT?GBPCHF is heading to the upside, if we see price reject this zone exactly like it has done previously I will be looking to place a sell stop.
GBPCAD SHORT?We can see GBPCAD forming highs however failing to break levels. I am expecting to see a stop hunt then movements to the downside. I will be looking for to place a sell stop once price starts heading to the downside.
LONG OPPORTUNITY IN AUD/USDReasons-
1) Weekly & daily trend up as per 200 ema & Ichit Cloud.
2) Buying pullback in a uptrend.
3) Bullish OB.
4) Small stop for big targets.
LONG OPPORTUNITY IN AUD/NZDReasons-
1) Higher timeframe trend up as per Ichimoku cloud & 200 ema
2) Inverse Head & Shoulders neckline brake + retest.
3) Buying pullback in an uptrend.
4) Bullish divergence on H1 (macd histogram)
5) Small stop for big reward potential.
Kindly trade at your own risk.
Good Luck ^_^
SHORT SELL OPPORTUNITY IN NZD/JPYInstitutional order flow :)
Kindly trade at your own risk.
Good Luck 🤞
AUDUSD lower low formationAUDUSD is about to retest the golden zone, so um expecting a bit of rejection in that zone\rightaway
Technical Analysis on GBP/JPY Both Long Term & Short Term SetupI see that there might be a shift in the market even at it was predicted previously to the downside. I also think that once price get's to the BSL area, retail traders will be stoped out for institutional traders to pile up sell orders which makes us know we're actually safe to enter the market. I think there will be a drastic return to fill the FVG and also the bullish OB.
SHORT SELL OPPORTUNITY IN USD/CADReasons-
1) Weekly & daily trend is down.
2) Order block.
3) Stop hunt just happened
4) Small risk for high reward.
Kindly trade at your own risk.
Good Luck ^_^
