RiffatNadeem

RiffatNadeem

The price on EURCAD is at a key horizontal level. If the price breaks out of this level, and candles start closing above it (making wicks below this level), that'll be a good sign supporting the possibility of an upward move. If the candles start closing below this level (making wicks on top), then that'll be the sign that the price might get rejected by this...

RiffatNadeem

Just for a moment, ignore that horizontal level. Why? Because the trendline looks so power on the 1h, 4h, and the daily timeframes. Now let's come back to the horizontal level which seems to be in jeopardy of being broken out of as we speak. Imagine what if this is one of those fake break outs. If that's true, then the trendline is clearly telling us what could...

RiffatNadeem

Trend lines have a magical power to them. And this is a very very interesting chart, in my opinion, especially, for sell entries. Once again, yes, there is a massive up trend. I know. Any one can see that. But what about reversals, trend changes, pivot moves, etc. I believe trend lines and horizontal levels must be the guiding light for us on the tumultuous...

RiffatNadeem

Long story short: The two trend lines encompassing this tight range/flag can be good entry points. I know, I know GBPUSD is having a massive uptrend. I don't care! I am focused on profits! Pure profits! Through scalping & long term trading as well. In this case, if the price breaks below the lower trend line, this could be a decent scalping sell trade. If the...

RiffatNadeem

On the daily timeframe, this setup for a massive sell looks promising. Even though currently the 4 hourly candle is above the daily resistance level, it seems the daily levels are more likely to sustain and push the price back below the resistance on the daily tf. Those wicks on the daily tf over the last about 2 weeks make the setup look so solid for a sell...

RiffatNadeem

I would say this could be a good sell. That last touch on the blue trend line before the price plummeted was an amazing sell entry which I missed due to the element of uncertainty on this chart. It could have been an excellent entry, nevertheless. Any way, this train has not left yet, I would think. This sell trade appears to be a good opportunity to make decent...

RiffatNadeem

Possibly one of the best trades of the year on USDCHF. It looks simple, and it is simple! Let's keep it simple! The price is in a very clear zone for a buy setup. It is almost ready now. Keeping in view the horizontal levels, go to the lower time frames, for example, 4 h & 1 h, even 15 m, and use trend lines to find out the right entry for a buy trade. When the...

RiffatNadeem

Trend lines have amazing magical powers to them. This could be a good sell on nzdcad as soon as the price kisses the trend line from below and reverses. We must first see the signs of reversal on the lower time frames, though. For example, on the 1h & 15m charts. On the 4h, daily, and weekly, this trend line holding its ground. That's what makes it looks like a...

RiffatNadeem

On this chart, the price has been ranging within a tight little zone. This could be a decent little scalping setup for a sell trade. Ideally, the entry will be where the price is closest from below to the trend line. This means as soon as the price comes up to the lower trend line just to kiss it and say bye.

RiffatNadeem

It looks like ripe and ready for a good sell. Have a look at the price action at this third touch on the beautiful trend line.

RiffatNadeem

CHFJPY might soon be ready for a good sell trade. Even right now, it seems ripening for a potentially nice sell trade. Those trend lines are Divine blessings for traders who understand the magical powers of trend lines as these trend lines, for the most part, tell you not just the next possible move but also where to enter for a massively profitable trade. I am...

RiffatNadeem

I would say GBPJPY is about to go downwards, offering us a good sell opportunity. It is one of those setups that remind me of the saying "A good setup is the one can go either way." Any way, my analysis is that a downward move is very much likely. The setup looks so promising for a sell trade. Let's see.

RiffatNadeem

I am not saying, by any stretch of imagination, that it is going to the moon! But if the price breaks out of those trends lines and bounces off them upwards, especially, off the lower two, then I would definitely opt for a good buy on this chart. As always, yes, the price can go either way, but what we do is we decide and invest on the basis of probability, and...

RiffatNadeem

This is one possible potential sell opportunity on EURUSD. Yes, I know the price may keep going upwards, but as I said, I am more inclined towards a sell here. Let's see.

RiffatNadeem

gbpcad a potential sell setup seems to be on the cards as we speak.

RiffatNadeem

EURGBP could be offering a good buy opportunity now.

RiffatNadeem Updated 

This could be the trade of the month! A long idea on GBPUSD. Wait for the price to show you its mood. Two areas of high value are around. The parallel ray line from the 2nd touch on the trend line. The price can bounce back forming a double bottom up wards from there towards the blue ray line. Or the price can break below to the 3rd touch point along the trend...

RiffatNadeem Updated 

Let it break below that blue ray line, and then start looking for the structure and patterns to give a buy entry. This one could be ready very soon. Thank you.