price has been unable to move higher despite yesterday bullish move and rejected from strong resistance levels, hence we are expecting USDCAD to retrace a bit today before deciding future course of short term trend... if price manages to break ascending trendline convincingly then we will remain Short on USDCAD in coming days too..
We are expecting price to retest previous resistance levels now may acting as support , since price has broken down from ascending channel
we suggest buying in dips till price is suported by ascending TL
Hello.... Seems like DOJI formation at important key level , we will be watching closely daily close in this pair.. if indeed red candle is formed we will enter SHORT .. Our trade ideas of last month : over 95 % went on direction suggested ( long or short ) , over 90% hit TP .. Please follow us for more ideas & updates....
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Seems like USDCAD i sabout to resume its downtrend after being rejected by Upper line of descending channel ... if price manages to break above channel, then we may get strong bullish signal towards previous highs , till then we are bearish on this pair.. Please follow us for more ideas & updates.
Hello.... CHFJPY : Price has been rejected by Upper Channel line , there is a short term ascending TL , first tp would be touch of that line , if that breaks we expect price to continue moving down unless channel is not invalidated .. Please follow us for more ideas & updates.
Scalping few pips in Short continuation on NZDJPY RR 1:2
Hello.... Price has been rejected at upper line of long term slightly descending channel in Daily , In 4 Hour price has crossed towards downside lower line of Ascending channel.... Since its a long term descending channel with multiple rejections from where price has been turned back , we expect 200 -300 pips move towards 0.7200 , For now we are aiming price...
Hello ,,, Price has been perfectly moving in range inside descending channel , with price not being able to break lower and indecision visible through yesterday's daily candle and also seems like by todays close , we expect price to retrace back towards BB 20 DMA , therefore counter trend LONG is suggested.
Hello.... we are expecting price to retest lower trendline as price is still inside bollinger squeeze .. high risk strategy
Short Opportunity in NZDCHF , returning to test lower ascending channel line...
Hello ... Our Bollinger Band strategy gives us opportunity to short AUDUSD at current levels , price may move high but will surely come below 0.7250 levels and may also touch 0.7220 , which we are targeting.. More price goes up ..more we get better entry to sell.. Happy trading.
Hello Traders, NZD CAD has been in retracement for past few days , and now seems that it has restarted its Uptrend once again , we are expecting price to retest Previous highs in coming session , and therefore see possibility of Long trade for 50 pips.. Please follow us for more updates & ideas.
Hello Traders, We will be opening short countertrend because our BB retracement strategy suggests price to fall back in coming sessions to test 9DMA AND TO RE ENTER BB range inside upper band in weekly. We will not use stop loss in this strategy as price can move higher also before coming back to 1.73 level , instead we are adding sell limits at 1.75 and 1.77...
Hello , this trade setup is also result of same strategy which gave us GBPCAD short - sell , Price is very far away from BB middle band ,and has closed outside lower band in weekly chart, therefore price must retrace back in range , which gives us opportunity to BUY , This strategy does not use stop loss , and BUY limit has been placed at support zones if...