If we manage to break this support level that has been tested multiple times then we are most definitely looking to move towards the downside this week. Patience, trade safe::)
I have just placed a BUY on this pair as I am seeing price action take place and how the candles are looking is giving me clear indication that this pair should hopefully rocket into the higher highs. Based on my current strategy I have took this trade, just testing it to see how it plays out. Trade safe:)
having caught a few pips on this pair already today due to one of my short positions hitting TP I have decided to re look into this pair and check for any more indicators telling me to jump back in! as we can see the pair has formed a double top which only means the pound will begin to fall any time soon and we can expect bigish movements to the downside! eyes...
Big potential downside movements coming up, I have been looking at this pair throughout the week and from what I have come up with on my analysis on bigger time frames vs smaller time frames is that, the H1 chart and H4 are forming a perfect head and shoulders pattern which is giving me clear indication that this will drop to the downside any time soon. As we can...
I promise you, patience pays off! if you know your analysis is correct then stick to it! don't end the trade too soon and loose out on potential profits! I have been in this trade for about 2 weeks now and I am now looking at using a trailing stop and following this pair all the way down to the previous support levels shown in yellow! Have a good day y'all and...
After my last look at EURUSD the pair actually hit take profit! so we are pleased to hear that. I have re looked at this pair over the week and it is showing us that it bounced off the blue zone (which was predicted) and now it is making its way up to create a new resistance level and then we are hoping it continues the daily downtrend as the pair has now broken...
My latest idea on this pair is something completely different to what i would normally look at. I have stuck to my plan and my risk percentage also so this trade is fully professional to me still. but i have been watching th H4 and Daily chart and i have noticed a strong head and shoulders pattern form over the last few days and that has given me the clear...
Whilst i currently have a BUY position lined up for next weeks trades on this pair! i have just stumbled across a head and shoulders pattern on the daily chart as we can see in the purple zoned markings.. This is now giving me mixed signals on wether this pair will continue to drop making it a continuation of the previous downtrend from before or it will bounce up...
EURUSD, Long position pending! i said i was currently looking into a buy.. i just had to wait for more confirmation as the pair was still looking very bearish all of Friday, but as we can now see the market has just closed touching a zone of support (the purple markings) when the market reopens we will see how big of a gap the market makes. but i will be places a...
My current idea for EURUSD, I have sold this pair with 3 open positions. I believe the pair will head down touch the downtrend support level before heading back up, that is why I am still holding.. I will update with further info soon! :)
Having seen that this pair broke through the downtrend support level we can see that there is a possibility that that level of support will now because a new resistance level as the pair continues to drop over the next week! Thats my thoughts on the pairs current chart state! Trade safe
Looking at this pair after the election period and seeing it spike up the way it did has given us a great opportunity to trade! My thoughts on this is that the pair could potentially retest and correct itself back down or it could continue to up to 2.050. waiting on more confirmation to enter :) Thanks
Possibility to enter a long position in the up coming week! gbpnzd having many nice setups just got to wait and look for more confirmation on when to enter the long:) markets are opening soon !
i have been watching this pair for a couple of days now and have had various ideas on the direction of the market, some buy some sell, entry points and exit points too. but now we have hit a major support level in the price and we can see an easy great opportunity to LONG this pair and catch quite a few pips! this is my prediction of the future price! Trade safe...
This pair is struggling to break a resistance level at 140.535, it broke it once but now it continues to float around that area and has now dropped down to a supporting level of 140,202. if we look back to my last analysis we can see that it was a clear SHORT position but now that price has hit that new supporting level i believe that it will continue to rise for...
great opportunity to SHORT this pair at this moment due to on going spikes. catch the downtrend and trade safe:) around 30 pip stop loss in place:) Thanlks
Gold seems to be respecting the new resistance level which is giving me a clear indicator to SHORT this pair on its way down to around the 1456 area. thank you and trade safe guys:)
One of my favourite pairs to trade, GOLD is always giving us new opportunities to jump in the market, for example this steady LONG position here, we are not expecting huge movements but this position could potentially be held for a while, maybe even over the weekend we will see towards the end of the day how it plays out. but for now the bulls are looking...