Pips
NZDCAD Sell 800 Pip Opportunity - ConfirmationMy previous analysis of EURNZD Sell entry was to wait for a daily bear candlestick formation. We now have the green light.
Entry:
1. Sell at retest of weekly downtrend line @ .8920 area.
2. Current price of 0.8897
Indicators:
1. Pair currently trading in downwards channel acting as resistance.
2. Daily Uptrend line has been broken with a close under it.
2. Weekly RSI overbought bulls are weakening.
4. Strong Daily Bearish Candlestick close
TP levels at past support/pivot levels.
Good luck trading!
Charles V
CVFX Management
www.cvfxmanagement.com
@cvfxwealth
Trading made simple.
EUR Day Trade IdeaHello,
I think Eur should want to go higher above 1.16 and DXY should want to go lower than 94.60.
Eur could go higher than 1.1640 but I want to have a reasonable objective.
Buy: 1.1560 down to 1.1550
SL: 1.1540
TP: 1.1640
Risk/reward: 4:1
it very well might not come down to my buy price point.
It also could break below 1.1550. if it does that then we could go to around 1.15 at which I would again be a buyer there with a stop around 1.1485.
If we break below 1.15 I am on the sidelines for the rest of the week.
GBP/JPY LONG BASED ON PRICE ACTION.IF 15 MIN CANDLE CLOSES BULLISH, IT'S VERY LIKELY PRICE WILL REACH PREVIOUS HIGH.
KEEP IT SIMPLE.
AUDCAD Sell +150 to 500 Pip Opportunity AUDCAD is overbought and looking for a large downward movement.
Short-term we are looking at 150 Pips to the downside
Long-term we are looking at 300 to 500 pips
Indicators:
Look left rule- If you look at history, the current area where this currency has been a strong pivotal point, dating a few years. This is now acting as Resistance.
Daily and Weekly time frames are overbought (Larger time frames dictate main direction)
Conditions to Enter:
Close of daily candlestick under the current up trend line, this will confirm a break to the downside.
Entry:
1. Bear candle close under up trendline
2. Retest of up trend line on the backside.
TP1 at next support
TP2 at main weekly support
SL if prior high is broken
Good luck trading!
Charles V
CVFX Management
Trading made simple
USDCAD & USDJPY - Trade Forecast & Recap Good evening everyone, I have broken down in this video my confirmations and reasons for taking both of the trades. Students, i will be following up this breakdown and forecast tomorrow.
I hope you all fount this video insightful and helpful.
If you require anymore information about the education we provide at Alpha Trading Group, please leave a comment or DM us on social media.
EURCAD - LONGPrice broke out impulsively. Waiting for it to reach a high value area for long: Wait for price to reach the trendline before buying.
AUD/JPY Take Profits 40 PipsGood day, snipers. Our previous analysis played out well and now we banked 40 pips so far. I placed stop loss at entry now and let's see if this thing continues to SKY ROCKET
Follow me on tradingview for more ideas and sniper entries. If you liked this idea please click that thumb's up.
Ideas posted are not financial advise, but merely just to give insights and education for traders.
Past performances do not determine future gains.
As sniper traders, we tread carefully, then we take shots immediately.
GET THE BAG SNIPERS!
CAD/JPY Take Profits 32 PipsGood day, snipers. Our previous analysis played out well and now we banked 32 pips so far. I placed stop loss at entry now and let's see if this thing continues to fly to the sky
Follow me on tradingview for more ideas and sniper entries. If you liked this idea please click that thumb's up.
Ideas posted are not financial advise, but merely just to give insights and education for traders.
Past performances do not determine future gains.
As sniper traders, we tread carefully, then we take shots immediately.
GET THE BAG SNIPERS!
USDJPY SHORT SIGNALDespite the little advances of the bulls, the bears have control of the day so I advise anyone on a buy signal to tread carefully with short targets for take profit. based on technical analysis too like stochastic traders who will like to join the army of the bears should do it quickly before the invasion starts. please like and follow for more updates
GBPCAD could be one of the year operations!GBPCAD is now in a really interesting stage, we need the retest of the simetric triangle before the big raise so we will be waiting for it, today or tomorrow, could be the day of the operation so be focused on this pair.
Good luck on this week traders, hope that you have a succesful week and really good trades!
USD/CAD Take Profits 34 PipsGood day, snipers. Our previous analysis played out well and now we banked 34 pips so far. I placed stop loss at entry now and let's see if this thing continues to melt.
Follow me on tradingview for more ideas and sniper entries. If you liked this idea please click that thumb's up.
Ideas posted are not financial advise, but merely just to give insights and education for traders.
Past performances do not determine future gains.
As sniper traders, we tread carefully, then we take shots immediately.
GET THE BAG SNIPERS!
gbpjpy buyLooking at the detailed chart you can see its in a uptrend market, this could be GOOD trade to buy and long hold.
But place tp near red trend line at top where market could resist and head down.
USDCAD UPDATE!!! 12/07/2020In a downtrend, would recommend you placing these resistance lines yourself if chart bounces of top and starts heading down sell and place TP around bottom blue line if your looking for short term profit
If price rejects of bottom and goes up do the same as before.
EURUSD BUY HEAD AND SHOULDERS SHOWN AND DOUBLE BOUNCE BACK AT BOTTOM. COULD BE A STRONG BUY.
(SUGGESTION ONLY)
