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...
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.
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.
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...
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.
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...
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.
gbpcad a potential sell setup seems to be on the cards as we speak.
EURGBP could be offering a good buy opportunity now.
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...
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.
For your visual pleasure! I anticipate amazing buy entries on this one. It weekly and daily charts look so stunning that I did not even want to go down to the executional timeframes of 1 hourly and 15. Look for 3 touches or double bottoms and you may be fine for the rest of the week if you can get a good buy entry on this one. Thank you very much.
Gbp is like a ripe orange right now, almost across the board. If this is how GBP moves and offers buy opportunities, we can be fine for the next two weeks, at least.
The price has crossed the cross roads, and after proving to be a bait for small time retail traders, now, it may go up any time soon. Yes, we are expecting a double bottom or even a 3rd touch on the trend line, and then it can change its direction and start moving upwards. Once again, the convincing push upwards is the key--whether from the double bottom area or...
EURCAD looks different from EURAUD. This one could offer a good long position. We'll wait for a convincing push up from the ray line which is off the weekly charts. Or we'll let a tight 15 minute or 1 hourly flag form once a push upwards happens. It may be ready soon if that ray line holds its ground.
I anticipate a good sell on EURAUD. If a move downwards happens, let a tight flag either on the 15 minute or 1 hourly chart form, and on the break of the flag, this could be all systems go. I am saying "could be." I am not saying "will be." :-) Let the market make up its mind before you jump into it.
In my opinion, the price may move upwards once it touch the trend line on the daily. That 3-touch structure on the 15 minute chart is also a good area, but its alignment with the trend line on the daily is a big tick in the box. Keep it in mind the price is already below the weekly ray line. So, can anticipate a move upwards any time soon now.
This is what I anticipate on audusd. A good long position may take place soon.