GuardianFX

GuardianFX

Hi traders, I'm looking at a breakout here on the 4H chart, So far, a bearish engulfing candle. It would be nice to see a break and hold below for a retracment.

GuardianFX

Hi traders. After hitting a major resistance zone this pair is currently breaking below support. If the 4H can hold below we have the possibility of riding it to the next support zone. I will repeat that the 4H candle must break and hold below support.

GuardianFX

Hi traders. On this pair we have the 12H candle that has broken above major resistance. We will pay close attention as it could be a fake out. We will also continue to watch over the next 4 hours more signs of bullish momentum. We have great RR on this setup.

GuardianFX

Hi traders. On this pair we are currently seeing a breakout. If the breakout holds we are able to take a position going long. USD Is showing signs of strength across most currencies.

GuardianFX

Hi traders. We have a potential short opportunity coming up. 1h has broken below structure. It would be better to wait for a 4h break below. Target is 1920.

GuardianFX

Hi traders A long setup on this pair seems to be a high probability.

GuardianFX

Hey traders, there's a possible short opportunity approaching. Details on the chart. Must wait for lower timeframes to confirm. However it's a high probability. Adjust SL accordingly.

GuardianFX

Hello traders. A possible short setup for tomorrow. This pair is looking likely to continue its downtrend. We are now below the 50% RSI and we have just encountered an impulsive move down with a retracment back to the 61.8 (The strongest level in my opinion) we still need confirmation, however this is looking like a good opportunity. I will keep you posted 📬

GuardianFX

Hi traders, just an update on the previous post on this pair. The short position is playing out as expected. I thought I would update you on the larger timeframe picture. We have a large H&S pattern happening on the weekly timeframe as well, currently we are forming the right shoulder. If we look out even further on the 3 month timeframe we also have a bearish...

GuardianFX

Hello traders. Looking into this pair I can see that EUR longs are becoming exhausted. Currently we are in extremely overbought territory. On the daily we have the RSI coming out of overbought and on the 4H we have massive divergence. Also on the 4H we have broken support. However we have now come in contact with a daily support zone. I am expecting price to...

GuardianFX

Hi traders. I hope we have all had a good week 💸 The USD has gained strength amongst its peers. At this point in time a head and shoulders pattern has formed. All we will need for this setup is a break below neckline for confirmation of taking this pair short.

GuardianFX

Direction: Short Reasons supporting trade: GBP is bearish across the board/ This pair has broken intermediate and a primary trend/ This pair has formed and broken H&S pattern/ A strong bearish engulfing candle breaking structure. Reasons opposing trade: Daily candle has not yet closed/ Lower timeframes need conformation. Target: 1.40023

GuardianFX

A potential short setup for this pair with good RR. A clear break of the intermediate trend, this will take a few more hours to play out. Need to see a double top or this setup is void.

GuardianFX

Hi traders I'm looking at going short once I see a reversal pattern here. If we can get a double top that would validate the entry. This pair will definitely drop from here, it's all about the entry and stop loss positioning. This trade if taken will be held for multiple days so be aware of any future economic data.

GuardianFX

Hi traders. I'm seeing strength in AUD pairs. This pair has broken trend created a triple top and has bearish momentum pushing. I'd like to see a small pull back before I enter this trade.

GuardianFX

Hi traders. I'm seeing a lot of strength amongst AUD pairs today. AUD/CHF is looking to be the cleanest setup to take a long position. TP1 0.67157 TP2 Is my runner at 0.67297

GuardianFX

Hi traders I hope everyone has starter the trading week off in the green. Looking at USD/CAD, my analysis is suggesting more weakness on the Dollar side. We have a H&S pattern here that wants to break the neckline. Caution is needed as price can tend to bounce around before an impulsive break. My targets here are 1.25356 for TP1 and 1.25029 for TP2.

GuardianFX

Hi traders. My analysis on GBP/CAD is suggesting more Pound weakness ahead. We are bearish on the daily with a Fib rejection off the 38.2. On the 1h we have formed a H&S pattern which is looking like it will break the neckline as well as the trendline. When we do a minor test of the neck line is what i will look for to enter the short position. My TP1 is at...