Anticipating another push down and watching price action around 1.5900 for break or bounce
09 October 2019 Short EUR/USD @1.09589 StopLoss 20 Pips StopLoss 20 Pips
The Tidal Shift Strategy has just sold USDCAD at 1.32045. The system recommends entering this trade at any price between 1.31876 and 1.32214. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -1.05027, which suggests that the USDCAD could be trending downwards.The 14-period...
Currency Pair: AUDUSD Sell Limit Entry Price:1.7100 Take Profit:1.7000 Stop Loss:1.71500 Capital Risk:500USD(amount may vary depending on your account size and risk tolerance) Potential Reward: 1000USD Risk/Reward: 1:2
Weekly Gain/Loss: -1.23% Weekly Close: 1.1602 Weekly perspective: Last week candle formed as BEOB – engulfing bar at resistance as it means that on 1.1800 a lot of sellers jump in the short positions. On Monday this week price just ranging from the H4 resistance at 1.1622 to the H4 support at 1.1570. Daily perspective: If we zoom to the daily chart we can see...
The strong gains that took place in GBP were triggered by remarks from EU Barnier. Barnier stated that the EU is willing to offer the UK a trade deal that has not been offered to any country yet. These comments neutralized Theresa May's comments when asked about brexit, saying that 'it will no be the end of the world' which weakened GBP earlier. In GBPCHF 30min...
#AUDUSD IS EXPECTED TO UNDERGO CORRECTION IN NEAR TERM. I WOULD RECOMMEND YOU TO ADD SHORTS AS PER THE CHART AND TRADE ACCORDINGLY, FOR MEMBERSHIP YOU CAN CONTACT ME OR LEAVE COMMENTS. TACHARTS
After a double top on EUR/AUD price has finally broken out of its ascending channel. After a push down we have found support around the 1.5710 level before pulling back to find resistance at the 1.5770 level giving us confluence with the 0.382 Fibonacci retracement level. Will price hold this resistance level before its continuation to the downside or trade higher ??
Buy above 1.1712. Stop loss at 1.1633. Take profit at 1.1811. Reason for the trading strategy (technically): Price has been dropping strongly from last week. We look to buy above major support at 1.1712 (Fibonacci retracement, horizontal swing low support, Fibonacci extension area) for a push up to at least 1.1811 resistance (Fibonacci retracement, horizontal...
Buy above 84.53. Stop loss at 83.57. Take profit at 86.67. Reason for the trading strategy (technically): Price continues to test our buying area. We remain bullish above major support at 84.53 (Fibonacci retracement, long term horizontal overlap support, bullish divergence) and we look to play a bounce above this level to push price up to at least 86.67...
Hello traders,i hope everything is running according to your trading plan. Without time to waste let's see the high propability long trades on EURCHF pair. First of all we can easily see through the daily chart that we are in an uptrend especially when the euro attack started. Lately we can see the Swiss Franc gainning a little room exploiting the recent relief...
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USD weakness continued this morning, we expect a reaction to 1.0790-1.08 levels.