AlphaTradingStation

AlphaTradingStation

Hello, my dear friends and fellow traders. What we are going to look at today is the CHF/JPY currency pair. Well, this stock has a bearish trend in the higher time frame, and it is currently trading in a sharp decline. But it has reached a support level in the sharp decline and is unable to break it. So, the price of this pair is showing a slight uptick. ...

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Dear friends, Welcome to another analysis. Here I'd like to short my AUDJPY pairs. Currently the price is travelling in a downtrend. Price is in the verge of a breakout. But the down trendline is very strong. Chances of breakout failure is high. Now all the AUD currency is at the resistance. So, the price is likely to fall further after the US market opens. If...

AlphaTradingStation Updated 

Dear friends, what we are going to see in this post is why I'm waiting to go long on AUS200. Price was travelling in the downward direction in the 4h time frame and now it is the verge of a breakout. As it is a breakout for the first time from the downward parallel channel, price will reverse as there is a supply zone at 7146.00 to 7183.80. Even though price is...

AlphaTradingStation

I welcome my dear fellow readers and traders to my next analysis. We are going to see if the USDCAD will rise or if it is likely to fall further. When can you buy or is there any possibility of such a drop? When to exit? What is the reason to buy? These things we will see in this post. I saw the chart and now it is in a good place to go for a long. ...

AlphaTradingStation

Dear friends, Here comes another analysis for the future trade. Right now, the price is taking the trendline support to make a move upward. But the trendline has been tested multiple times. From my point of view, it looks like it will break. After breaking in the downward direction, price will test the range from 0.90270 to 0.89550 (Aggressive entry) if it is a...

AlphaTradingStation

Hi, there is a shorting opportunity in AUDCHF in 12h time frame. In multiple time frame analysis 12h time frame has good supply zone and have good execution. Also, the price is not coming from the good quality Demand zone(DZ). Suddenly there is a spike from the buyers. I feel that it is a retest to the supply zone to a give an another down move. From the Bears...