EURUSD created ascending trangleEURUSD created ascending triangle. you can a place pending buy stop order according to the drawing chart
Pending-order
NZDCHF - Potential ShortI see potential move to the downside, set your pending orders below the trend line.
Pending Buy order on EURNZDUpdate from previous post. I’m euro 0.09%bullish mostly because it has been one of the top-performing currencies in the past weeks, likely drawing most of the safe-haven gains away from the shaky dollar. To top it off, anticipation for an ECB hike continues to keep the shared currency supported.
On the flip side, the Kiwi is on weak footing owing to the RBNZ’s more downbeat stance shared in their latest statement. Trade jitters are making things worse, along with bouts of risk aversion stemming from emerging market troubles.
I am looking for opportunities to go long, there is a chance that price may break down to the closest phycological level at 1.76 and as long as this holds we can look for entering longs, if this fails to act as support we can see price break lower to the 1.75/1.74 regions and testing the channel support, the only problem is that price is barely showing any signs of retracing for now, but I shall stay patient.
CAD/JPY POSSIBLE LONG 1HR BREAK OF CHANNEL AND BOUNCE OFF 50EMAWAITING FOR POWER BOUNCE OFF THE 50EMA TO BREAK THE 'BULLISH' FLAG.
TARGET IS AT 1HR 261.8 (GR4D)
STOP LOSS: 90.600
(currency strength still shows JPY weak against CAD)
Daily candlestix & r4d ¬ Bullish
EURUSD Close below 50EMA (Trade Idea)EUR/USD Short Idea just less than 1h till close of 4H candlestick.
If 4H candle closes below 50EMA
Stop Order 3pips below low of the "Signal Candle"
Stop Loss 5-10 pips above of the "Signal Candle"
TP Previous Swing Low appx 200pips
PS Just and idea wait and see the price moving!
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