4H CHART EXPLANATION: We observe that price is on a consolidation after bouncing at the Resistance Zone. We know that near the breakout is the Support Zone at 0.61900, so, we will wait for a breakout of the Structure and also of the Support Zone to take a safer trade. The target of the downside movemente is the Daily Support Zone at 0.60700. DAILY CHART:
Entry level = Blue Stop loss level = Red (68 pips) Target level = Green (182 pips) Reward:Risk = 2.68:1 Stay tuned for the updates. Follow and leave a like if you liked this idea and want to see more! *DISCLAIMER* This post is solely for educational purposes and does not constitute any form of investment / trading advice.
Welcome to our weekly trade setup ( EURCHF )! - 1 HOUR Bullish reaction to our support zone. 4 HOUR In a small H4 Pullback, good short entries. DAILY Prices still bearish but price is rising, we need a drop shortly! - FOREX SETUP SELL EURCHF 1ST ENTRY @ 1.08930 2ND ENTRY @ 1.09080 SL @ 1.09380 TP @ 1.08440 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (Remember to...
The AUDJPY is in a prime position to hold a higher low and push up to start the squeeze on recent sellers
USDCHF sell idea, approx 1:1 trade, Kindly share your thoughts in the comments. Thank you
On the top u can see first two parabolic sar red dots, below chart MACD is almost crossing. You can build setup for small amounts in next few days, creating profitable trade for next 3-6h weeks. Target 1400 ! Have a nice trades and follow for more!
Wait on the current 4H candle close - it it closes as a pin bar off the 50% fib level - short USDCAD. Down we go towards 1.30500. Trade safe & manage risk
This is my preferred elliott wave count for Daimler at the moment, like shown in my last analysis. Short Setup looks be activated now.
Hi traders. Here's the daily chart of the NZD/CAD pair that shows a 1-year low reached on Friday. The pair has found some buying pressure this week, which has sent the price retesting a horizontal resistance level around the mid 0.83s. We could also see a retracement to the 61.8% Fib level, which aligns with a falling trendline, before continuing to the...
The EURUSD came under pressure overnight after some disappointing data out from Germany which cements expectations for a more aggressive ECB. I expect to see further pressure on the pair as price moves from a strong OfferZone down to a BidZone around 1.0930. Would expect a few buyers to be trapped before a shoulder builds the sell entry setup.
One more example of long setup 25x25x25x25 and all orders 2x total with targets and SL in case of Armageddon and 2k drop in one 1 min wick. ! If you have any questions please join our discord community discordapp.com or follow us on twitter twitter.com
One more example of long setup 10x10x10x10 and all orders 2x total with targets No SL needed full control. If you have any questions please join our discord community discordapp.com or follow us on twitter twitter.com
Similar to GBP/AUD, the GBP/NZD pair is at an important resistance zone and today's candle already shows increased selling pressure. The pinbar pattern of Friday is a sign that the pair could have difficulties to break above the 2.00 level in a new attempt. The level is also an important psychological resistance. Notice the hidden bearish divergence in the RSI.
My details (1) Entry @ 1.23950 (Buy Limit Order) (2) Stop loss @ 1.23230 (72 pips) (3) Target @ 1.25830 (188 pips) (4) Reward:Risk = 2.61:1 Stay tuned for the updates. Follow and leave a like if you liked this idea and want to see more! *DISCLAIMER* This post is solely for educational purposes and does not constitute any form of investment / trading advice.
My details: Entry @ 1.10525 (Sell limit order) Stop Loss @ 1.10895 (37 pips) Target @ 1.09355 (117 pips) Risk:Reward = 1:3.16 Stay tuned for the updates. Follow and leave a like if you liked this idea and want to see more! *DISCLAIMER* This post is solely for educational purposes and does not constitute any form of investment / trading advice.
The GBP/AUD pair is forming a strong bearish reversal candlestick pattern near the 61.8% Fib level and a horizontal resistance level. The breakout from Friday looks like a fake breakout which may send the price lower to the 1.81xx level.
Welcome to our weekly market Breakdown ( GBPCAD )! - 1 HOUR Small bearish move and price action. 4 HOUR Overall very bullish market slowing down. DAILY Bearish daily candle and price action, we might drop here. OVERALL Expecting prices to drop monday-wednesday and take out last week lows and long holders. Last two weeks been very bullish with strong moves, we...