Forextrend
USDJPY Long Trade From Support Level.USDJPY has breakout from it resistance zone now resistance zone become a support zone (as shown in chart). According to chart pattern analysis , we might see some downside in USDJPY for short term and it will continue it upside trend from support zone. one can trade USDJPY with proper risk management and stop loss
Thank You.
EURCAD Trade Idea - LongEURCAD is consistently fall in price since 20th sept to 20th oct almost for month and now it has stopped it fall and consolidating within the channel pattern. According to chart pattern analysis, we might see EURCAD price bounce back toward Fibonacci retracement level
(as shown in chart) . Long trade on EURCAD can initiate with stop loss and money risk management .
Thank You.
USDCHF Trade Idea - ShortUSDCHF is trading within the range of resistance and support trend line (shown in chart) and also it is forming the falling wedge pattern within the resistance and support range. According to Chart Pattern analysis, we might see falling USDCHF currency pair. one can initiate short trade on USDCHF with stop loss and risk management.
Thank You.
Vivek S.
EURUSD Bearish pattern for short .EURUSD is forming head and shoulder pattern and left shoulder of pattern is yet to complete so trade only after complete pattern is formed . According to chart pattern analysis , EURUSD pair can be short with first target as support 1 . trade with risk management and stop loss.
Thank You
Vivek s.
EURAUD At Support Level For Long Trade.EURAUD is trading at very strong support level and also it is forming ascending triangle pattern. According to chart patter analysis, we might see upside from current level in EURAUD . One can trade EURAUD on long side with risk management and stop loss.
Thank You
Vivek S.
EURUSD At Strong Support Level For Long trade.EURUSD is Trading at very strong support level ,which is multi-month support level. Support level is also consider as neck line of head and shoulder pattern ,forming on one day time frame. since couple of days EURUSD is trading in falling wedge pattern (as shown in chart). According to chart pattern and support level , we might see upside in EURUSD . One can trade EURUSD for long with stop loss and risk management system.
Thank You
Vivek Samale.
EURJPY : Trading Range is 131.80 - 131.00Retail trader data shows 50.32% of traders are net-long with the ratio of traders long to short at 1.01 to 1. In fact, traders have remained net-long since Mar 10 when EUR/JPY traded near 129.31, price has moved 1.52% higher since then. The number of traders net-long is 15.02% higher than yesterday and 9.51% lower from last week, while the number of traders net-short is 20.51% lower than yesterday and 32.61% lower from last week.
I also suggest a long position in EURJPY for the longer target of 131.80
EURCHF At Strong Resistance Zone For Short Trade.EURCHF is trading at strong resistance level (as shown in chart) . According to chart pattern analysis, we might see price retrace back to trendline. One can short the EURCHF at current level with proper Stop loss and risk management .
Thank You
Vivek S.
Can NZDCAD make it 3 out of 3 🤞😍Our script says it's time for a sell on NZDCAD.
Strategy in use is a 1:3 RR and is looking to make it 3 out of 3 trades.
Entry details are shown on the chart.
We're only looking for TP3.
I covered the previous sell trade in an idea earlier this week.
This trade has now closed for a profit as the 'buy' opportunity has presented.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Also, see my 'related ideas' below to see more just like this.
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The stats for this pair are shown below too.
Thank you.
Darren
EURGBP At Resistance For Short.EURGBP is trading at multi days resistance level. it has test the resistance level earlier and failed to breakout on upside. According to chart pattern analysis , we might see downside in EURGBP from current level. One can take short trade on EURGBP with proper risk management and stop loss .
Thank You.
Vivek S.
AUDUSD at resistance level for short trade.AUDUSD is trading at resistance level (as shown in chart). it is very strong resistance level . According to chart pattern analysis, we might see down side in AUDUSD from current level. One can initiate the short trade with risk management and stop loss.
Thank You
Vivek S.
EURGBP Long Trade With High R/R Ratio.EURGBP is trading at very strong support area , currently it is trading near long term support zone (shown in chart). According to chart pattern analysis , we might see upside move in EURGBP towards the resistance trendline . One can initiate the long trade in EURGBP with risk management system and stop loss.
Thank You
Vivek S
NZDUSD Head & Shoulder Pattern For Short Trade.NZDUSD is forming head and shoulder pattern at multi year high level . This pattern at multi year high level indicate that we might see down trend in NZDUSD . According to chart pattern analysis , we might see down trend in NZDUSD from current price level. One can initiate the short trade with risk management and stop loss
Thank You
Vivek S
EURUSD At Strong Support For Long Trade.EURUSD has drop very sharply after reaching at multi year high point. Currently it is trading at very strong support zone (as shown in chart). According to chart pattern analysis, we might see bounce back from support zone towards upside resistance zone . One can initiate the long trade with risk management system and stop loss.
Thank You.
Vivek S.
USDCHF Long Trade From Support Level.USDCHF has bounce back from it trendline Support(as shown in chart). According to chart pattern analysis , we think it may move upside towards the trendline resistance 1 and if it breakout from trendline resistance 1 then trendline resistance 2 as second target . One can initiate the long trade with proper risk management system and stop loss.
Thank You
Vivek S.
USDJPY At Support Level For Long Trade.USDJPY is forming the Falling Wedge Pattern. It is trading at support line of falling wedge (as shown in chart). According to chart pattern analysis, we might see upside in USDJPY . One can initiate the long trade at support level with risk management and stop loss.
Thank You
Vivek S.