CyberFxTrader

CyberFxTrader

EURUSD seems to form a triangle pattern and the likelihood is that the price will begin to squeeze through the upside because it's in an uptrend.

CyberFxTrader

This appears to be a promising breakout pattern. The price is currently at a support level, and if it shows upward momentum instead of breaking below, it indicates that the support zone is being respected. A break above the bearish trend line would suggest a higher chance of price increase.

CyberFxTrader

It looks like price are respecting resistance level with a double top pattern with a nice evening star candlestick in the end. It tried to make a descending triangle pattern previously and failed, now it's trying to make an ascending triangle which I think will fail because the market tends to make repeated actions.

CyberFxTrader

My proposal for AUDUSD is that there is a possibility of the price temporarily climbing above the resistance, then dropping if the resistance is strong. Ideally, the price should be sold after the USD session starts, but it may be sold beforehand as well.

CyberFxTrader

My USDCHF idea: Price broke triangle pattern, signaling bullish momentum. Best bet is up until hitting resistance. Keep at it for success.

CyberFxTrader

Looks like GBPJPY are showing signs for bearish momentum in the market. The pattern is called rising wedge pattern. Might just place a sell position with 10 pip sl above 160.466 and see how it goes. Over a 100 pip potential if the price decides to get pulled back to support area.

CyberFxTrader

This looks like a potential 1:17.5 risk to reward ratio. The major trend is, and it looks like it shows the right signs for continuation up. The pattern acending channel and falling wedge pattern are combined to make the probability higher for buys.

CyberFxTrader

This seems to be a reversal. It is losing momentum up and is starting to show momentum to the downside.

CyberFxTrader

I'd say this is a high probably trade, because you can clearly see the structure here even on a high timeframe. This pattern is very common, and it's called inverted head and shoulders pattern. It made a break, and is now back down for the retest. I see this as a good chance of continuation up. Good luck traders!

CyberFxTrader

Here's my idea for GBPJPY It seems to me that GBP pairs are getting weak at the moment, it is forming a downtrend formation. You see it's now in a pullback phase because the price is clearly pulling back up slower than it went down before.

CyberFxTrader

Here is a double top with a potential third touch before reversing again. That's my idea for now. If it manages to break above then I think it will have a higher chance of being a fake out. At last, it might just break above and reversing totally. So that means even if I fail 2 times before, the third will be a win with a very high chance and I will then win back...

CyberFxTrader

Well here. This is my idea. I feel like this will work as a trigger entry for supply sells. The reason for this entry is that the prices originally entry was back on 1.13072. Then you would be able to place a 1:1 entry from a proper good sl to tp which makes it 1:1. Hope it made sense in a way. The hardest part is understanding how it would be a potential entry...

CyberFxTrader

BTCUSD is going down right now. It doesn't really show any real signs for a reversal yet. I know usd might have a chance of being inverted, because of Russia and china's plan to create a new currency. It hasn't happened yet, so until then, I will just continue to trade with the trend.

CyberFxTrader

The trend is bullish, therefore I will only go long atm. It doesn't really show any signs yet that this will be a reversal. I might buy if it breaks above and retest.

CyberFxTrader

I Won't be taking an entry right now, but I think for later, this might be a possible sell position. You see that the price broke below 200 MA, that indicates that the price might continue the trend down. Also, we're now in a major downtrend if we look at the whole big picture. The USD are also quite strong these days. I would probably try and find some scalper...

CyberFxTrader

This is my view for gold. I think these support and resistance levels are the best spots to look for entries. I have looked closely and the price have respected them multible times, therefore they will have a high rate of reaction.

CyberFxTrader

I figured out this might be a good-looking support and resistance. Right now it might be in a ranging phase. It tried to break below and continue in a downtrend, but it was a fake out. That means it now has a higher probability of going up if it creates a double bottom pattern for example.

CyberFxTrader

I think it's pretty clear it's going in a downtrend. I feel like it will go down to the trend line below because it has been tested multiple times before. It overall looks like a triangle pattern as well. In a lower time frame such as 1 minute you can spot a head and shoulders pattern in current time.