Fx
GBPNZD Long Trade Idea GBPNZD Trade Idea Long
SL: 1.90796
ENTRY: 1.91203
ENTRY2: 1.91454
TP1: 1.91979
TP2: 1.92433
TP3: 1.93162
!!!DISCLAIMER!!!
Trading Foreign Exchange Currency Pairs (FX/Forex) and/or Contracts For Difference (CFDs) on margin carries a high level of risk to your capital. These derivatives may not be suitable for all investors. The information contained here is general in nature, provided without reference to your past, present or future financial situation. This information is general in nature and does not constitute advice or a recommendation to act upon the information or an offer.
USDCAD Short Trade Idea USDCAD Trade Idea Short
SL: 1.33894
ENTRY: 1.33695
ENTRY2: 1.3351
TP1: 1.33178
TP2: 1.32899
TP3: 1.32468
!!!DISCLAIMER!!!
Trading Foreign Exchange Currency Pairs (FX/Forex) and/or Contracts For Difference (CFDs) on margin carries a high level of risk to your capital. These derivatives may not be suitable for all investors. The information contained here is general in nature, provided without reference to your past, present or future financial situation. This information is general in nature and does not constitute advice or a recommendation to act upon the information or an offer.
GBPAUD Long Trade Idea GBPAUD Trade Idea Long
Shark Harmonic
SL: 1.80207
ENTRY: 1.80364
ENTRY2: 1.80575
TP1: 1.80872
TP2: 1.81159
TP3: 1.81614
!!!DISCLAIMER!!!
Trading Foreign Exchange Currency Pairs (FX/Forex) and/or Contracts For Difference (CFDs) on margin carries a high level of risk to your capital. These derivatives may not be suitable for all investors. The information contained here is general in nature, provided without reference to your past, present or future financial situation. This information is general in nature and does not constitute advice or a recommendation to act upon the information or an offer.
EURNZD Long Trading Idea EURNZD Trade Idea Long
Shark Harmonic
SL: 1.74058
ENTRY: 1.74301
ENTRY2: 1.74512
TP1: 1.74693
TP2: 1.75047
TP3: 1.75626
!!!DISCLAIMER!!!
Trading Foreign Exchange Currency Pairs (FX/Forex) and/or Contracts For Difference (CFDs) on margin carries a high level of risk to your capital. These derivatives may not be suitable for all investors. The information contained here is general in nature, provided without reference to your past, present or future financial situation. This information is general in nature and does not constitute advice or a recommendation to act upon the information or an offer.
Will the USDSEK Breakout?Last post: See link below.
Review: Price was in a bullish trend .
Update: Price soon moved into a circa 3-month consolidation .
Conclusion: Looking for the current bullish momentum to take price out of consolidation and towards the major round number of 10.0000. We are currently long on this and will look to compound/add further long trades once 10.0000 is confirmed as support.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Trade Idea + Top and Bottom Analysis on USDNOK by ThinkingAntsOkUse this as an Idea to develop your own setup
Main Items we see on the 4HS Chart:
a)Price is on Maximum Historical Highs, this is an important Resistance Zone (check Weekly chart)
b)MACD divergence, this is a clear signal of the weakness of the current bullish movement
c)The Main Ascending trendline is broken and the price is making a pullback over that trendline
d)Currently, we can see a Wedge pattern structure, this type of formations are reversal structures
e)On the chart we have set Entry/Stop/Take Profit, this configuration gives a really good Risk Reward Ratio, Higher than 2:1 with a really good Stop
Multy timeframe analysis
Weekly Chart:
Daily Chart:
"NZDCAD: Top and Bottom Analysis" by ThinkingAntsOk4H Vision Explanation:
- Price is on a Descending Channel since March.
- It is close to the next Support Zone .
- Bullish Divergence on MACD .
- Price may start its up move from the Support Zone towards the Top of the Channel and then the Resistance Zones.
Check out our Weekly and Daily Analysis!
Weekly Analysis:
Updates coming soon!
USDJPy - Looking at Marabuzo supportUSDJPY - Intraday - We look to Buy at 106.01 (stop at 105.71)
Posted Mixed Daily results for the last 6 days. Buying posted in Asia. The Marabuzo level from the 13/08 is located at 106.01. Bespoke support is located at 106.01. Bespoke resistance is located at 107.73.
Our profit targets will be 106.73 and 108.50
Resistance: 106.85 / 107.73 / 108.50
Support: 106.01 / 105.06 / 104.00
EURGBP - Correcting higher EURGBP - Intraday - We look to Sell at 0.9108 (stop at 0.9138)
Broken out of the triangle formation to the downside. The formation has a measured move target of 0.8560. Bespoke support is located at 0.9017. Risk/Reward would be poor to call a sell from current levels. Reverse trend line resistance comes in at 0.9087. Bespoke resistance is located at 0.9108.
Our profit targets will be 0.9020 and 0.8860
Resistance: 0.9087 / 0.9108 / 0.9200
Support: 0.9017 / 0.8856 / 0.8800
GBPUSD Bullish Strength Leaves Risk Towards 1.2381 Level
GBPUSD bullish strength leaves risk towards 1.2381 level following its rally on Thursday. Support lies at 1.2200 with a turn below that level turning attention to the 1.2150 level. Further down, support resides at the 1.2100 level where a break will turn attention to the 1.2050 level. Further down, support lies at the 1.2000 level. On the upside, resistance stands at the 1.2300 with a turn above here allowing for additional strength to build up towards the 1.2350 level. Further out, resistance stands at the 1.2400 level followed by the 1.2450 level. On the whole, GBPUSD retains its corrective upside pressure
GBPUSD to watchGBPUSD usually continue's it's overall trend after three touches of a correction.
In this instance, GBPUSD will most likely continue it's downward trend after three resistance touches in this wedge.
We are currently approaching the second touch of resistance and it is a great shorting opportunity.
Remember, only enter if price action permits.
GBPAUD Short Term SetupOANDA:GBPAUD
Ill be watching this baby closely...
Dropped back below it's resistance level.
Came back to touch the 50 fib level literally perfectly...
Lets see what price action shows us - back up or down?
Stay safe and stay smart.
Dont forget....
Trade like a C A S A A AI I I N N N O O O O O!!!!!
GBPNZD - Ascending WedgeOANDA:GBPNZD
BOOM! A N O T H E R setup to stalk... I should CHARGE for this!
Anyways, keep yo eyes open and if price action permits... hop in for the long!
Why?
Because med-term trend is bullish, price is close to support, 20MA and 50MA are bullish, price is in a tested wedge.
But remember one thing... ONLY ENTER IF PRICE ACTION + CURRENCY STRENGTH + ANY OTHER CONFIRMATIONS permit.
Anyways be safe, be smart, and don't forget... to
TRADE LIKE A C A S I N OOO O O O O !