Hello Traders, the GBPCHF broke below the support 1.18537. Then, we saw a retest of the broker support and that is a great opportunity to go short on this pair. The minor consolidation was broken and our Sell Stop order is set at 1.18295. We are targetting the next support at 1.17891 with Stop-Loss above 1.18537. I wish you all great trades!
Hello traders, We have several reversal signs on the USDCAD to go short. The USDCAD has printed a double top at the resistance 1.33391 with a Head&Shoulders pattern on the second test. We then broke below the support 1.32858 and now we are looking for a shorting opportunity. On the lower timeframes, we see a consolidation pattern below the broken support...
Hello traders, price on the EURAUD broke below a very significant support 1.64078. We see a retest of the broken support and price is no continuing to fall. The recent low after the break was broken which is a great signal to enter short now. Stop Loss is set above the broker support at 1.64078 and I am targetting the next support at 1.62607. I wish you...
Hello Traders, the EURUSD broke below the very significant support 1.11701. Our bias is to look for short setups. We have a minor consolidation between 1.11300 and 1.11514. If this range breaks, it is a good opportunity to set a sell stop order below the support. Stop loss is then set above the consolidation and the take profit is set at the next support level...
Hello traders, The AUDCHF has been ranging for several days. Price is contained between the S&R-range 0.65348 and 0.66449. We see a rejection pattern at the resistance 0.66449 and now we are looking for a short setup on this pair. Ideally, set the Stop-Loss above the resistance 0.66449 and the Profit Target at 0.65348 as shown in the chart. Also note, that...
Hello traders, here is a simple PA setup on the AUDJPY. After the breakout of the triangle pattern, price consolidates below our trend line. I am waiting for a confirmation on the lower timeframes to enter short. I wish you all great trades!
Hello traders, our zones are working very well. The DAX remains inside the range between 11551 and 11731. Price also seems to have found support in the middle of that range and I expect it to break in the near future and test the support 11551. On the higher timeframes, we also see a break of a wedge pattern which confirms our bearish bias. On the longer...
Hello traders, this morning the DAX broke out of the range again, above the resistance 11731. Now we are back in the range and we can expect bearish moves. A good entry-level to enter short is to wait for a retest at the resistance 11731. We can then target a demand zone inside the range (11618 - 11640) If the sellers are very strong, we could also see a test...
Hello Traders, our previous idea on the DAX failed. However, this provided a new opportunity to short the DAX. After price peaked outside of the range (above resistance 11732), we quickly returned into yesterday's range. This printed a Head & Shoulders pattern on the chart which confirms our bearish bias. I am now waiting for a retest of the recent low for...
Hello Traders, the DAX has been ranging between the zones 11849 (resistance) and 11685 (support). Today, we broke out of that range and there is a potential long opportunity at the restest of the broken support 11849. A good SL placement is below a minor low inside the range and I am targeting the nearest low from last week. I wish you a great trading day!
Here we have a bullish breakout on the DAX. Price is now trading above our trendlines. I have marked important resistance levels which have been tested in the past. This setup provides a good long opportunity with a tight SL placement below a low inside the wedge.
Hello Traders, The EURUSD has been in a falling Channel and we now see a reversal H&S pattern. Possible entries at the break of the Trend-Line.
Hello traders, here is my Idea on the EURAUD 1h chart.
Hello Traders, Here we have a break of Trendline and I am looking for a short-term bullish correction. See my prediction on the price chart. Happy trading.
Hello Traders, We are looking at the USDJPY 4h chart. Recently, we have broken out of resistance. This resistance might work as support and we are looking for a retest in the near future to enter long.
Hello Traders, The EURUSD broke out of our range on the February 26th. We see a successful rejection off of our broker resistance at the retest. My sentiment on the EURUSD is definitely bullish. I wish you all a good day.
Hello Traders, We are looking for a pullback on the EURUSD downtrend. Resistances : 1.13037, 1.13215 Supports : 1.12688 I set a SELL LIMIT ORDER below the resistance 1.13037 set the SL above the next resistance 1.13215. TP is set at the support 1.12688. See the arrows for my graphical projection. Entry : SELL LIMIT 1.13001 SL : 1.13237 TP : 1.12712 ...