ChartologyFX

ChartologyFX Updated 

Waiting for an impulsive break and retest on the 1HR chart before entering this short term trade. Profit target is recent lows with a RR of 2.2. Happy trading!

ChartologyFX

We have added another AUDCAD after our first sell hit TP banking 131 pips. We have price sensitivity at a zone of structure and a potential institutional OB. Hoping for a nice reaction out of this level.

ChartologyFX

Overall bullish trend. We can see a bullish flag forming and we can enter a long trade at the 0.382 fibonacci level for continuation to the upside.

ChartologyFX

Closed our short term sell at +15 pips, representing 1:1 RR and +3.00% gain on this particular trade.

ChartologyFX

We have now taken profits at our first TP level and trade has been made risk free. Looking for continued bullish momentum to our next key level and profit target (1.18509).

ChartologyFX

Our first position hit TP, banking 74 pips. We have two more positions running in profit, both risk free at +3.25% and +1.26% respectively.

ChartologyFX

Continuation expected to key support level with confluence added from long term bearish trend support.

ChartologyFX

Switched our sentiment on this pair. We are now going short at 0.7042 after more bearish price action, a correctional breakout and a breakout of the bullish trend line. We have identified 3 key levels as potential TP levels, with an overall target of 207 pips. Happy trading!

ChartologyFX

As per the analysis I posted yesterday, we reached TP on our NZDCAD in less than 16 hours banking 73 pips.