PipsOfPersia

PipsOfPersia

EURCHF WEEKLY on the left, demand zone tapped off + hammer formation H4 on the right, wait for a pullback, then go in for the buys!! 1. This profile is for educational purposes ONLY! 2. The setups given are my own perspective of the forex market and by no means require action! 3. Trading involves risk, past profits do not guarantee future results, so never...

PipsOfPersia

CHFJPY Daily Simple setup, waiting for reaction off trendlines + fib + price action to sell! 1. This profile is for educational purposes ONLY! 2. The setups given are my own perspective of the forex market and by no means require action! 3. Trading involves risk, past profits do not guarantee future results, so never risk what you are not willing to lose!...

PipsOfPersia

AUDCHF Daily on left, clear demand zone H4 on right, MACD convergence creeping in Waiting for 0.68800 to be tapped off + price action to buy 1. This profile is for educational purposes ONLY! 2. The setups given are my own perspective of the forex market and by no means require action! 3. Trading involves risk, past profits do not guarantee future results,...

PipsOfPersia

EURCAD on the DAILY time frame has reacted heavily to a previous zone of reversal, closing the day as a bearish engulfing shooting star. Wait for a pullback and further decline for an intraday short opportunity. 1. This profile is for educational purposes ONLY! 2. The setups given are my own perspective of the forex market and by no means require action! 3....

PipsOfPersia

CADCHF 8 HOUR TIME FRAME Key support zone + hammer formation expecting a nice buy opportunity 1. This profile is for educational purposes ONLY! 2. The setups given are my own perspective of the forex market and by no means require action! 3. Trading involves risk, past profits do not guarantee future results, so never risk what you are not willing to lose!...

PipsOfPersia

GBPNZD daily on the left, break of the trendline, potential bear market H4 on the right, expecting a retest of the broken through trendline + fib level + reaction off smaller scale trendline for the sell orders to kick in. The only thing making me unsure / dislike this setup is the uncertainty in the GBP and potential random spikes due to random news. Also keep...

PipsOfPersia

AUDCAD H4 on the left, break and retest of the marked zone + touch of the trendline H1 on the right, MACD divergence Looking for sell opportunities down to the weekly reversal zone! 1. This profile is for educational purposes ONLY! 2. The setups given are my own perspective of the forex market and by no means require action! 3. Trading involves risk, past...

PipsOfPersia Updated 

Not much needs to be said about this setup, either wait for a break and retest scenario, or a bounce scenario! This is where candlestick patterns come in play! Keep an eye for next week! 1. This profile is for educational purposes ONLY! 2. The setups given are my own perspective of the forex market and by no means require action! 3. Trading involves risk,...

PipsOfPersia

EURNZD H8 We have now tapped off a key supply zone, on top of that, we have multiple H8 and H4 wick rejections to the upside + H4 and H8 divergence on MACD. Previous stop hunt has been fulfilled in my opinion as well. Could be a very nice +400 pip decline, I'm going to close majority of my positions at +120 pips and ride a small lot down risk free as much as I...

PipsOfPersia

EURCHF H4 Fib level Break and retest of trendline H4 MACD Convergence Expecting a push up 1. This profile is for educational purposes ONLY! 2. The setups given are my own perspective of the forex market and by no means require action! 3. Trading involves risk, past profits do not guarantee future results, so never risk what you are not willing to lose!

PipsOfPersia

CADCHF H1 1) key fib zone 2) trendline 3) bearish pennant with 1-5 wave inside Expecting nice sell positions to kick in, taking us down to the -27%, for around 100 pips (provided Oil doesn't push CAD further up) @PipsOfPersia t.me 1. This profile is for educational purposes ONLY! 2. The setups given are my own perspective of the forex market and by no...

PipsOfPersia

NZDUSD, reversal formation setting up, you can wait for break and retest of the trendline drawn, H4 bullish engulfing, MACD convergence, bullish move expected. @PipsOfPersia t.me 1. This profile is for educational purposes ONLY! 2. The setups given are my own perspective of the forex market and by no means require action! 3. Trading involves risk, past...

PipsOfPersia

So this setup for gold is amongst the most straight forward setups, a lot of confirmations coming together at the same point. Break and retest of trendline Fib key zone Previous reversal zone Touch of a smaller scale trendline if could be a very nice buy opportunity for gold, and I will definitely be keeping an eye on this setup, provided I get price action, I...

PipsOfPersia

AUDNZD H4 I'm looking for a very simple break and retest scenario, provided the drawn zone gets broken and retested, I will be looking for sell positions. @PipsOfPersia t.me

PipsOfPersia Updated 

AUDJPY H4, showing signs of very strong convergence, market clearly going the opposite way to our indicator. A counter trendline has been put in place for more clear break and retest and entry scenarios. Targets are also drawn. On the right we have AUD weighted index H8, where we can see it has tapped off a clear demand zone, I believe we can see some reaction,...

PipsOfPersia

EURNZD daily on the left, a major reversal zone in the market has now been tapped off. On the right, 4H, we can see MACD divergence (the setting for this MACD is different than default, its 3, 10, close, 16), MA 8 and MA 18 about to cross over as well. In general I believe we can start to finally see the decline for EURNZD. You can wait for the break and...

PipsOfPersia

GBPJPY on the 4H time frame is coming close to a key zone of reversal. This is a simple break or bounce scenario, but I will be looking for some further confirmations before I buy or sell. Provided the market respects the zone and bounces off, most likely on the H4 or H1 time frame you will get MACD convergence + price action, clear indications for a...

PipsOfPersia

GBPAUD on the 4H time frame has tapped off a very strong daily reversal zone, now we can see it has created a head and shoulders formation, and a bearish flag. I'm going to wait for the 1-5 wave to be completed within the flag, giving us one final push up, before the decline starts. Alternatively, you can wait for the break and retest of the low of the flag, and...