Pair: NZDCAD Timeframe: 1D Analysis: Round number level, trend line, volume profile, support and resistance, descending triangle, n pattern ————— Key Takeaway: Need a bounce off support and high volume level (blue line) ————— Level needed: need a close by 0.81070 ————— Trade: Long RISK:REWARD 1:7 SL: 19 TP: 129 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Pair: USDCHF Timeframe: 4H, 2H Analysis: Round number level, trend line, volume profile, support break, pennant ————-- Key Takeaway: Seen break of valid support and retested as resistance ————— Level needed: Need to see price close by 0.94985 ————— Trade: Short RISK:REWARD 1:7 SL: 15 TP: 100 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Pennant break went perfectly to plan and we are seeing a 25 pip profit already. Going to keep holding until we hit support and ultimately decide what happens from the reaction we see when it does
Pair: USDCHF Timeframe: 4H Analysis: Round number level, Strong support, volume profile, Currency strength index, trend line, descending triangle Key Takeaway: Close below support and rounded number ————— Level needed: Need to see price hit 0.96940 ————— Trade: Short RISK:REWARD : 1:5 SL: -28 TP: +136 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Pair: AUDJPY Timeframe: 4H Analysis: Round number level, resistance break, trend line break, new trend starting, round number levels Key Takeaway: Break of Round number level and resistance Level needed: Need to see price hit 93,825 Trade: Long RISK:REWARD : 1:7