Forex7

Forex7 Updated 

see chart for explanation

Forex7

see chart

Forex7

see chart

Forex7

going long based on price being supported by 38.2 fib supported by horizantal support supported by 100 ema immediate trend is up

Forex7

I see a decending wedge and i see a good Risk Reward Ratio for this trade. Lets see what happens

Forex7

The plan is to buy when price enters the blue Support Zone on the chart. The reasons for buying are. 20.215 1. Zone has supported price on the past 6 attempts 2. Zone has held since February 2015 3. Fib 61.8 level is holding too 4. Price is bouncing and being supported by the green 50 ema and red 100 ema. also the 200 ema is sloping up. Stops 10 - 20 pips...

Forex7

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Forex7

I am looking to short the eurgbp My reasons for short are Confluence of : Clear Weekly and Daily Resistance. 61.8 fib level close to 100 ema overall down trend Stops And Targets are on Chart

Forex7

Self explanatary everythings on the chart. The ovarall trend is bearish, this is just a short term long.

Forex7

I am looking to going long on gbpjpy my reasons are 1. clear uptrend supported by rising trendline and above 50 sma 2. price is currently at 50% fib confluence level 3. price is currently contained within a bull flag pattern which is a trend continuation pattern. 4 bullish divergence on rsi trade plan 1. trade will be taken in 2 units. 2. i will be looking for...

Forex7

Long from 0.98565 sl 0.97915 tp1 0.99387 tp2 1.00798

Forex7

Reasons for long. if price gets to 0.78948. i will enter long. reasons are 1.horizontal support and slope support are in confluence.. 2. fan is also offering support. Trade is invalidated if price reaches 90% of target before entry.

Forex7

Reasons for short. 1. downward trendline and horizantal resistace. 2. price was rejected at 0.5 fib level 3. market trending down.

Forex7

Reasons for long trade 1. trend is up 2. price is respecting trendline and horizontal support. 3. Price is also respecting median line

Forex7

long nzd usd everything is in chart.