Ukforexsignals
Facebook > Buy The BreakoutHi traders,
As many of you will know i predominantly trade Forex, however when an opportunity comes along where i feel my portfolio can be diversified slightly i am more than happy to execute.
I have been watching Facebook since 06.01.2017 when price broke and closed above the Daily EMA, this isn't all i was watching but for me confirmed a bullish long term outlook.
We now have a textbook consolidation period dating back to 27.07.2017
I will be watching over the next week if / how price reacts to the Daily EMA & 38.20% Fibonacci retracement.
I will be keeping you all updated as we progress.
Have a great week.
Trading Strategy Using The 50 EMAAttached above is a clear representation of how i generate a trade signal using the 50 EMA.
DISCLAIMER:
I am only providing my own trading information and techniques for your benefit and insight, you should apply your own due diligence and not take this information as a trade signal / strategy.
NZD.USD > Short Opportunity > .7306Currency pair - NZD.USD
Chart timeframe - 15min
Area of interest - .7306 & .7320
Chart pattern - Bearish Cypher
Potential target 1 - .7288
Potential target 2 - .7276
Potential extended target - .7271
Please implement your own due diligence prior to entering the market.
EUR.NZD > Short Opportunity > 1.6613Currency pair - EUR.NZD
Chart timeframe -4hr
Area of interest - 1.6613 & 1.6690
Chart pattern - Bearish Cypher
Potential target 1 - 1.6504
Potential target 2 - 1.6436
Potential extended target - 1.6393
Please implement your own due diligence prior to entering the market.
GBP.AUD > Short Opportunity - 1.6523Currency pair - GBP.AUD
Chart timeframe - 4hr
Area of interest - 1.6523 & 1.6568
Chart pattern - Bearish Bat
Potential target 1 - 1.6385
Potential target 2 - 1.6300
Potential extended target - N/A
Please implement your own due diligence prior to entering the market.
GBP.CHF > Short Opportunity > 1.2720Currency pair - GBP.CHF
Chart timeframe - Daily
Area of interest - 1.2720 & 1.2854
Chart pattern - Bearish Cypher
Potential target 1 - 1.2526
Potential target 2 - 1.2410
Potential extended target - 1.2335
Please implement your own due diligence prior to entering the market.
EUR.JPY > Short Opportunity > 130.736Currency pair - EUR.JPY
Chart timeframe - 1hr
Area of interest - 130.736 & 131.092
Chart pattern - Bearish Cypher
Potential target 1 - 130.247
Potential target 2 - 129.950
Potential extended target - 129.813
Please implement your own due diligence prior to entering the market.
NZD.JPY > Short Opportunity - 79.722Currency pair - NZD.JPY
Chart timeframe - 1hr
Area of interest - 79.722 & 79.905
Chart pattern - Bearish Bat
Potential target 1 - 79.135
Potential target 2 - 78.774
Potential extended target - 78.572
Please implement your own due diligence prior to entering the market.
EUR.CHF > Short Opportunity > 1.1454Currency pair - EUR.CHF
Chart timeframe - 1hr
Area of interest - 1.1454 & 1.1481
Chart pattern - Bearish Cypher
Potential target 1 - 1.1416
Potential target 2 - 1.1393
Potential extended target - 1.1381
Please implement your own due diligence prior to entering the market.
EUR.AUD > Short Opportunity - 1.4968Currency pair - EUR.AUD
Chart timeframe - 15min
Area of interest - 1.4968 & 1.4995
Chart pattern - Bearish Cypher
Potential target 1 - 1.4928
Potential target 2 - 1.4905
Potential extended target - 1.4895
Please implement your own due diligence prior to entering the market
EUR.JPY > Long Opportunity > 129.559Currency pair - EUR.JPY
Chart time frame - 1hr
Area of interest - 129.559 & 129.369
Chart pattern - Bullish Bat
Potential target 1 - 130.146
Potential target 2 - 130.508
Potential extended target - 130.700
Please implement your own due diligence prior to entering the market
GBP.CHF > Long Opportunity > 1.2362Currency pair - GBP.CHF
Chart time frame - 1hr
Area of interest - 1.2362 & 1.2342
Chart pattern - Bullish Bat
Potential target 1 - 1.2420
Potential target 2 - 1.2455
Potential extended target - 1.2469
Please implement your own due diligence prior to entering the market
EUR.CHF > Long Opportunity > 1.1307Currency pair - EUR.CHF
Chart timeframe - 4hr
Area of interest - 1.1307 & 1.1260
Chart pattern - Bullish Cypher
Potential target 1 - 1.1374
Potential target 2 - 1.1414
Potential extended target - 1.1438
Please implement your own due diligence prior to entering the market.
EUR.CAD > Long Opportunity > 1.4521Currency pair - EUR.CAD
Chart timeframe - 15min
Area of interest - 1.4521 & 1.4485
Chart pattern - Bullish Cypher
Potential target 1 - 1.4574
Potential target 2 - 1.4607
Potential extended target - 1.4623
Please implement your own due diligence prior to entering the market.