The NZD/JPY pair has broken below its uptrend line on the daily chart and is anticipated to decline further. However, before this drop continues, we expect to see a pullback and a retest of the broken trendline before resuming its downward movement.
Our last setup closed at breakeven after giving us over 100 pips. This setup is much clearer regarding touches and a rising wedge structure. Do not risk more than 1%. Once trade in 70 pips profit move SL to breakeven
A break of the trendline indicates a sell signal. Most likely retrace to 50% Fib. TP and SL are marked. Risk no more than 1%.
EURNZD is currently in a downtrend from its recent high, with daily candles consistently adhering to the trendline. However, we anticipate a pullback and a subsequent break of the trendline. TP and SL are marked. Always follow risk management. Message me if you like and follow my ideas
Gold has formed a rising wedge pattern, suggesting a potential opportunity for a short position. TP and SL are marked. Risk no more than 1% Once trade in 70 pips profit Move SL to Breakeven Follow for more setups
The AUD/JPY pair presents a promising sell setup. The Australian Dollar is anticipated to weaken against the US Dollar, similar to how other major currencies have weakened in recent weeks. Meanwhile, Japan is highly likely to intervene to prevent the Yen from depreciating further in the coming days.
GOLD has demonstrated a breakout above the trendline, followed by a successful retest and rejection, confirming a bullish setup. This pattern suggests a strong potential for upward momentum. RISK TRADE Follow risk management. Risk no more than 1%
GBPJPY has consistently respected the trendline, failing to break above it for several days while forming a double-top pattern. This confluence provides a strong rationale for taking a short position. -Always follow risk management -Risk no more than 1% per trade
EURCAD has breached the uptrend line giving us sell confirmation. TP and SL are marked. Always follow risk management.
GOLD has recently achieved a new high but appears to be losing momentum, attracting the interest of short sellers. Additionally, a lower low structure is emerging on the daily timeframe, signalling the potential onset of a downtrend.
Breakout and Rejection on Retest= SELL Opportunity Follow risk management If you like my setups message me
The NAS100 index is experiencing a bullish trend, consistently adhering to its established trendline and reaching new highs. It has encountered resistance at the upper trendline multiple times, suggesting another rejection at this level is likely. Do not over risk. Stay consistent. TP and SL are marked. Follow risk management.
The GBP/JPY pair has become significantly overextended, and on the daily timeframe, it has broken below the trendline. This development presents a promising opportunity to initiate a sell position. TP and SL are marked. Always follow risk management. Once trade reaches 70 to 80 pips in profit. Move SL to breakeven
The AUD/JPY pair is currently in an uptrend. However, there are signs of a potential pullback as it has breached the uptrend line on the daily chart and is now retesting that level. We anticipate a rejection at this retest point, followed by a pullback.
In smaller timeframe Silver start to show bearish signal
The structure is straightforward: GBPCAD has broken below the trendline and is currently retesting it. We anticipate a rejection at this point, providing us with an opportunity to initiate a sell position.TP and SL are marked. Always follow risk management.
After the pullback, USDJPY is ready for the big drop. Follow risk management