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USDCHF double top trend base tradehello my friends so last night or should i say at the market opening hour i put a short trade on #USDCHF and now we are in good profit right now we can see a double top is formed with candle stick confirmation (doji+engulf) and now we can see exhaustion after that so its the perfect time to enter put the sl at above the tops and tp on hte lowest low and please move sl after hitting tp 1 we most probably enter again on this if it goes to our favour good luck if you have more questions or opinion on this one please share it on the comment section ------------------------------------------------------ check out our social media and website for more educational content and daily analysis telegram t.me/fxfortuna "patience is a key element of success"
Short
by FxFortuna
CHFJPY wait for breakout in 1D time frame we can clearly see a bearish triangle is forming its still to early to decide to enter or not but in daily we hit previous high as well and a sell of had happened therefore we need to see the confirmation on this to enter but a sell opportunity is more probable if you have more questions or opinion on this one please share it on the comment section ------------------------------------------------------ check out our social media and website for more educational content and daily analysis telegram t.me/fxfortuna "patience is a key element of success"
by FxFortuna
NZDUSD double top patternNZDUSD has formed a double top alongside of break out of neck line and we are waiting for a proper retest on neck line AKA as resistance area so after getting candle confirmation you are welcome to use any pattern you want but doji-engulf is the best one in my opinion so im willing to hear any new idea you have on this one but after that with a low sl level we can go short and on every target point which is shown by horizontal ray you can move your stoploss again and one more thing about sl lvl its better to put it on top of the double top cause we may have a triangle patter of course so we might have a little bit of noise again to the upside and please use proper mponey managment its not a perfect set up more confirmation is needed if you have more questions or opinion on this one please share it on the comment section ------------------------------------------------------ check out our social media and website for more educational content and daily analysis telegram t.me/fxfortuna "patience is a key element of success"
Short
by FxFortuna
USDCHF pullback possible short with candle confirmationso the price has been pulled back to 0.38 fib level so we expect to see a continuation move to downside and we can spot candle stick confirmation on fib level as well doji along with engulf candle stick so we enter at qmarket opening time with a little stop loss so the R:R ratio seems solid for take profit we are expecting to see the price touch the lowest point as the last time and the take profit levels are shown with horizontal ray and remember to move sl point after hitting them if you have more questions or opinion on this one please share it on the comment section ------------------------------------------------------ check out our social media and website for more educational content and daily analysis telegram t.me/fxfortuna "patience is a key element of success"
Short
by FxFortuna