Basit-Abdul

Basit-Abdul Updated 

Enter a continuation trade following on from structural move or await SELL indication.

Basit-Abdul Updated 

Possible bullish move after minor pullback. Scalp trade for the short term.

Basit-Abdul

Trade based on the following: - Break and retest of 1.14 level - Market behaviour - Signs of DXY weakening - Psych number also serving as a Fibonacci Level

Basit-Abdul

- Continuation buy trade following on from retracement. - Red level broken through with a minor pullback which could indicate a bullish move from previous resistance level

Basit-Abdul

Price has broke through level that has previously served as support and the movement of this pair indicates rejection of the previous supporting level. Fibonacci is the only tool used in this trade and pair has also shown rejection of the levels which can also support the fact that there is a downtrend continuation which could occur.

Basit-Abdul Updated 

BUY Trade based on the following: - US Dollar Index showing signs of strengthening - Pair is considerably oversold - Supporting level - Pair currently on a valid Fibonacci level

Basit-Abdul

Trade based on the following: - Price is moving towards a level that has previously served as support in which a bearish move could occur - Continuation downtrend - Pair seems to be struggling to break above price - Fibonacci level incorporated

Basit-Abdul Updated 

Trade based on the following: - HH and HL formations - Current market is on a Pivot Fibonacci level in which it could potentially serve as support - Dollar Index shows signs of strengthening - Pair seems like it's retraced and is awaiting an impulse/bullish move

Basit-Abdul

USDJPY SELL BASED ON THE FOLLOWING: - Break and retest of previous level that had served as support - DXY indicating signs of weakness - Pivot Fibonacci Level - Structure

Basit-Abdul Updated 

Buy Trade based on the following: - Uptrend - Entry based following on from a retracement move - Break and retest of level Simple trade using minimal indicators and tools.

Basit-Abdul Updated 

Pair is considerably overbought on several timeframes. Double top formation also occurred. Market behaviour also shows signs of Bulls losing power

Basit-Abdul Updated 

Trade based on trend continuation, potential break and retest and analysis on market behaviour. Minimal indicators and tools used for this trade.

Basit-Abdul Updated 

Reasons for taking the trade: - Session Reversal - Candlestick behaviour - Previous resistance serving as a possibly new support - Fibonacci Level

Basit-Abdul Updated 

Reasons for taking long position includes: - Recent uptrend - Break and Retest of level which is a previous resistance now serving as current support - This level is also a Fibonacci pivot point - Instant entry or wait for bullish indication

Basit-Abdul Updated 

Purple Area shown has proven to serve as support. Trade taken following on from a retracement move.

Basit-Abdul Updated 

Scalp Trade Break and Retest Trend Continuation Fibonacci Indication AUD looking bullish

Basit-Abdul Updated 

Previous month has illustrated a ranging market. Breakthrough has occurred in the recent days and is slowly approaching psychological level of 1.3200 in which a possible rejection could occur. This particular zone has also been proven to be a strong resistance several times this year. SELL LIMIT order placed at 1.3200.

Basit-Abdul Updated 

As illustrated, the pair has reached the bottom trend line (4HRS and 1D), and has shown a rejection of the linear level through the long lower wick . The formation is able to demonstrate that the Bears in the market had tried to push the market much lower but had been rejected following on from the candle closure that had occurred as of 6PM (UK Time). This...