AUDUSD Sell - Breakout AUD Fundy 930PM ESTDownwards channel formation. Watch Australia unemployment fundamentals shortly here. Expectation AUD weakness.
I am only in sells in AUDUSD. If it retraces up I will sell at 0.7230 (resistance)
Entry: Sell stop 10 pips below channel
TP @ 0.7090 area (bottom of channel)
Good luck trading! Please help like my free analysis ideas so it can benefit more people.
Let me know if I can help in any way!
Charles V
ww.cvfxmanagement.com
Trading made simple.
Forexlearning
AUDJPY Sell - Currently @ major ResistanceAUDJPY overbought and at major resistance area of 76.56.
Retrace is coming, AUD Unemployment will help the retrace downwards.
Entry @ Sell at current price of 76.56
TP levels in green (200+ pips opportunity)
Good luck trading! Please like this idea so others can benefit from these free trade analysis.
Let me know how I can help.
Charles V
www.cvfxmanagement.com
Trading made simple.
USDJPY Sell OpportunityUSDJPY in a downwards channel creating lower lows and broke past support now acting as resistance.
Indicators:
1. Downwards channel
2. Downtrend line holding as resistance.
3. Past support broken now acting as resistance (red line).
Entry @ current price of 105.95
Entry @ 106.20 area (bounce of downtrend line.
TP 1: 105.40 area
TP 2: 104.30 area
Good luck trading! Please help like these free analysis so others can benefit from them.
Let me know how I can help.
Charles V
www.cvfxmanagement.com
Trading made simple.
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.
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
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.
EURAUD Buy UpdateEURAUD still in upwards trend. See linked EURAUD Idea I have been buying the past month (1400 pips net in June).
Entry:
1.6396 area
1.6117 area
TP
Current price for aggressive entry
1.6540 area (resistance on smaller time frame)
1.6775 area (large resistance)
Good luck trading! Let me know how I can help.
Charles V
www.cvfxmanagement.com
Trading made simple.
EURUSD Sell Opportunity 400 PipsEURUSD overbought and retrace is expected.
Indicators:
1. Price in major resistance area of 1.1900
2. Weekly RSI in sell zone.
3. Main trend is still downwards.
Entry:
1. Resistance 1 @ 1.1900
2. Resistance 2 @ 1.1200
TP @ 1.1450 area (support area)
Good luck trading! Let me know if I can help in any way.
Charles V
www.cvfxmanagement.
@cvfxwealth
Trading made Simple.
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
GBPAUD Buy Update 500 Pip OpportunitySee my prior trade idea linked below. Been trading this from the bottom of up weekly channel Great opportunity for a buy.
Indicators.
1. Upwards weekly channel bounce at bottom creating a new high.
2. Weekly RSI in buy zone.
3. Broken Resistance area becoming new support.
Entry:
1. Current price area of 1.8224
2. 1.7900 area for a deeper conservative retrace.
TP 1: Next resistance area of 1.8464
TP 2: Large resistance area of 1.8831
Good luck trading!
Let me know how I can help.
Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made simple
EURNZD Buy OpportunityEURNZD has been creating higher highs and higher lows. Look for opportunities to buy this up the the top of the weekly channel.
Indicators:
1. Upward weekly channel
2. Higher highs
3. Weekly RSI in buy zone
Entry:
Wait for retest of past resistance, now new support @ 1.7570 area
TP at next support levels.
Good luck trading!
Let me know how I can help.
Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made simple
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.
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
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
EURUSD Sell to 1.1500 UpdateHi Friends!
See EURUSD Weekly Sell idea linked below:
We bounced off at monthly downtrend line and closed under it (profited 100 pips).
Indicators:
Wait for 1.1700 handle to break and close below (indicate seller power)
Entry:
Enter at retest of 1.1700 handle as new resistance level
TP:
1.1500 area
I recommend taking profits in 40-50 pip ranges to lower risk.
Good luck trading!
Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made simple
AUDCAD Sell OpportunityAUDACD has a nice Upward channel formation here for the last month.
Indicators:
1. Weekly Stochastic RSI in sell zone
2. Daily Stochastic RSI about ready to be in sell zone.
3. Smaller time frames all in sell zone.
Entry:
1. Current price area of 0.9670
2. Top of channel at 0.9700 area
TP 1: 0.9600
TP 2: 0.9500
Good luck trading!
Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made Simple
EURUSD Sell Update - Strong Resistance AreaEURUSD has been going against techincals on lower time frames but monthly and weekly still points at a drop.
Price currently at a past Resistance and monthly down trend line, which spans from 2008.
I will be looking for a sell entry once we have a bearish daily and/or weekly candlestick below the monthly downtrend line.
Stay tuned for a large sell opportunity with EURUSD.
Stay tuned!
Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made Simple
EURNZD Buy UpdateSee my last trades of this pair, been trading it since the bottom of the weekly channel.
Since the last update and entry at 1.7250 area, pair is currently up 500 pips with lots more opportunity to go.
Indicators:
1. Weekly upward channel holding and pair bounced off bottom of channel.
2. Weekly RSI in buy zone.
3. We are creating higher highs and higher lows.
Entry @ 1.7630 area (past resistance becoming new support. Expecting pair to retrace down where we can reenter safely.
TP 1: 1.7900
TP 2: 1.8537
Good luck trading!
Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made Simple
20% July 2020
EURAUD Buy UpdateSee my prior analysis this week and comment on a potential upwards king's crown.
Entered at past support area (red line) and pending buy at 1.6300 handle for potential right tip.
Trade is up about 100 Pips right now. Target at next Resistance of 1.6560 handle.
Will probably exit with profit and reenter on small time frames. Summer months are volatile so it's safer to lock in profits and reenter.
Good luck trading!
Charles V
CVFX Management
www.cvfxmanagement.com
@cvfxwealth
Trading made Simple
EURAUD Buy Opportunity - Breakout of ConsolidationEURAUD setting up a nice King's Crown pattern, expecting a retrace them break out of consolidation range.
Entry at right tip (right shoulder) 1.6270 area.
TP at next Resistance of 1.6570
Good luck trading!
Charles V
CVFX Management
www.cvfxmanagement.com
@cvfxwealth
AUDJPY Sell 400 Pip OpportunityAUDJPY retested Resistance zone and looking for a corrective drop.
Indicators:
Pair is currently overbought and at a strong Resistance level.
Weekly RSI in a strong sell zone
Up trend line has broken, retested, and bounced off the back indicating downwards movement.
Entry:
1. Current price area
2. Wait for retracement on shorter time frame at 75.80 area
TP at next support at 72.00 area
Good luck trading!
Charles V
CVFX Management
www.cvfxmanagement.com
@cvfxwealth