


Traderscope
PremiumAccording to the chart, I identified a channel daily within which the pair seems having triggered a rebound on its bottom line around 1.2560. In this context, I decided to place a long order around 1.2595 with a stop loss below the last lower at 1.2560. Enjoy !
The chart shows a beautiful bullish candlestick on the daily timeframe. This means that a middle term reversal could occur within the next 24-48h. The support line in red on the chart has acted like a support line and reinforce the probability of reversal of the trend. A stop loss could be placed below the last lower. and 2 TPs zones could be placed at 118.65 and...
I identified a channel on the chart for GBPAUD. The price has reached the top line of the channel and has shown a beautiful red candlestick. This means that the trend could go down in the next 24-48h. As seen on the chart, a stop loss above the last higher is pertinent at 189.60. A take profit place at 1.8550 could be a good option to catch a big movement. Enjoy!
According to the chart, we notice that the pair has tested multiple times 0.7220 without breaking down the support line. It is now interesting to place a long order at 0.7235 with a stop loss below 0.7220. The risk reward ratio is awesome here. Enjoy !
According to the chart, the pair has rebounded on the bottom line of the channel daily. In this configuration, there is no other option than taking a long order around 149.40 with a stop loss below 148.90 and a first target at 150.50 for 100 pips minumum. Enjoy !
The pair has triggered a rebound on a trend line H4 as seen on the chart. A stop loss could pbe placed above 153.30. A 1st target might be 152.00 then 151.50.
The pair seems having triggered a rebound on its support line H4. A stop loss could be placed below 1.4750 with targets at 1.48, 1.4850 then 14900. The ris reward is awsome on this opportunity.
The pair has tested the trend line around 77.70 last friday. According to the chart we can expect a bearish reversal at least until 76.50 then 76.00. The strategy will be invalidated if the price goes above 77.75.
AUDUSD is in a downtrend for weeks and has tested its trend line. The probability of downtrend continuation is high. A short is recommended here. A stop loss could be placed above the last higher at 0.7415. A first target would be 0.73 then 0.7250.
The pair is currently testing a key zone where a trend reversal could be triggered. The trend line is acting as a support and the probability to see the price rebounding is high. In this scenario, 1.0860 could be a first target then 1.09. This bullish scenario will be invalidated if the price slides below 1.0780.
As we can see on the chart, the price is currently testing the trend line H4/D1 around 0.8507. A rebound is highly probable and it might be interesting to anticipate a trend reversal in this area. A first target could be 0.856 then 0.8600 and 0.8650. The configuration will be invalidated if the price slides below 0.8498.
CHFJPY has failed to break out the resistance/trend line as seen in the chart. A significant decrease of the price is not excluded.
The pair EURCAD is currently testing a key zone right on the uptrend line H4. It might possibly reach 1.4900 then 1.4950 in a second wave. The configuration will be invalidated if the price goes below 1.4780.
We can notice on the chart that the pair is evolving below the downtrend line. It's pretty clear that you must be bearish until further notice. As soon as the pair breaks out the trend line, we will start thinking about buying the pair. Hope this help !
Hi, we can see on the chart a beautiful green candlestick that suggest a potential rebound of the pair. According to my strategy the opportunity is interesting with a managed risk. A first target could be 110.50 at this point. Of course the stop loss must be placed below the last lower and below the line. Hope this helps !
Hi, I decided to share my profitable trading strategy which is really simple by the way. I use trend lines, supports and resistances. I don't use any other indicator. It is maybe not the best but for sure the best that fit my psychology and my lifestyle. Hope this helps !
In H4 we can see that the pair has tested the downtrend resistance line. As it is the third test we can expect that the pair will continue the fall maybe until the downtrend support line. The invalidation of the strategy is of course above the resistance. Hope it helps !
Hi, as seen on the chart, the pair is closed to a big trend line acting as a potential support. In my opininion I think that the price will trigger a rebound this trend line. The reversal will face then to a potential resistance around 0.8680. The setup will be invalidated if the price goes and closes below the trend line. It is important to wait for a reversal...