Greetings to traders from across the globe, Allow me to introduce myself as Alexandre Karim , and I shall now embark upon presenting my comprehensive analysis pertaining to the CAD/JPY exchange rate. Firstly, it is patently evident that an upwardly inclining channel has been manifesting itself since the advent of the year 2020. Furthermore, it is noteworthy...
Hello traders around the world! My name is Alexandre Karim and today I'll be showing you my plan on CADJPY. First of all if we go back to the weekly chart, we can clearly see that the price reached a mass psychological level at 106.420 since December 2014. The price formed an ascending channel, corrective to the upside from May 2022 till November 2022 & reversed...
Hello traders around the world! My name is Alexandre Karim and today we will be talking about CADJPY. CADJPY is forming an ascending channel on the higher timeframe and following multiple touches on the upper TL. I will be focusing on the short on these 2 areas: 1) High of the middle section at (101.791) 2) Third touch on the upper TL at around (102.700 /...
Hello Traders around the world. My name is Alexandre Karim & today we will be talking about the positions that I took on EURJPY. As you can see in the picture, the price reached a mass psychological level then started to form an ascending correction by moving slightly sideways. I was waiting for a reversal pattern to happen for a short position first entry &...
Hello Traders around the world. My name is Alexandre Karim & today we will be talking about the positions that I took on EURJPY. As you can see in the picture, the price reached a mass psychological level then started to form an ascending correction by moving slightly sideways. I was waiting for a reversal pattern to happen for a short position first entry &...
Hello traders around the world. My name is Alexandre Karim. Today we will be talking about NZDCAD double long position. I already posted my analysis on 9 March showing you the long position scenario. Lets talk abou the first position on NZDCAD which was a descending channel / falling wedge on the daily lower TL. The entry was at the breakout of the pattern...
Hello traders around the world! My name is Alexandre Karim and today I am going to tell you how I took my double short position on CADJPY. In my previous analysis on this pair (Shared Apr 18), I was looking for a reversal pattern in this area since we are on the third touch of the upper TL. The price went up correctively reaching this area & gave us a double top...
Hello traders around the world! I want to talk about CADJPY and what I'm planning on this pair for this week. First of all, If you go back to the weekly chart, you can clearly see that the price reached a mass psychological level since Dec 2014 (106.501). On Monday 18 Apr 2022 the price started to create an ascending channel till Monday 07 Nov 2022 reaching...
Hello traders around the world! My name is Alexandre Karim and today I want to talk about NZDCAD for a possible long position scenario. On the weekly chart we can draw a descending channel since April 2016 (Low at 0.86573) & November 2016 (High at 0.98831) till present taking multiple touches. The descending channel shows us an upside gravity + on the higher...
Hello traders around the world. My name is Alexandre Karim & I will be showing you how I planned my trade on GBPJPY. On the 4H Chart we can see multiple touches on the upper trend line. The price reversed with an A shape and broke the lower trend line forming a 1H bearish flag. My entry is set at 164.118 & My SL at 164.646 (Above the previous high) Risking 1% of...
Hello traders around the world! My name is Alexandre Karim, and this is the second plan for GBPJPY. (You can check out the first one as well and how it moved). Forex traders are always looking for the most profitable and reliable trading opportunities. One such opportunity is the GBPJPY pair, which represents the exchange rate between the British pound and the...
Hello traders around the world. My name is Alexandre Karim and today we will check GBPJPY and plan it for next week! On the 1H chart, we can clearly see that the price is shaping up nicely reaching a high probability area + rejection line @ 162.000 and 162.331 level, knowing that the price is squeezing (Signaling a drop). I will be waiting for a reversal pattern...
Hello traders around the world! My name is Alexandre Karim & today I will be sharing with you my trade on EURAUD. If we go back to the daily chart, we can draw an expanding descending channel from October 2020 till present. Currently the price formed a bull flag on the upper daily TL (We can see it on the 4H & 1H TL) I was planning to take a long position when...
Hello traders around the world! My name is Alexandre Karim from the primes community & today we will talk about NZDJPY. First of all, let us take a look on the higher time frame (Weekly chart) and draw a major trend line catching the high of Monday 16 July 2007 (98.000) & the high of Monday 5 January 2015 (94.000) and prolong it till it reaches the current price...
Hello traders around the world! My name is Alexandre Karim. I want to talk about the trade that I took on EURJPY + How I planned for it. First of all, if we go back to the Monthly or Weekly chart, we can clearly see that the price reached a mass psychological area around 147.900 / 149.000. A big ascending channel is formed since 2009 & the price is moving up...
Hello traders around the world. I'm Alexandre Karim, and today I will be sharing with you a trade that I'm still currently in it. On November 4th, the price reached a mass psychological level around 1.51730 & 1.52672. We saw an upside gravity afterwards & I was looking for continuation patterns to take a long position. Thursday November 10, on the 15 mins...
Hello traders around the world. My name is Alexandre Karim. Let me explain for you how I planned to take a short position on USDCHF. First of all, on the higher time frame (Weekly chart), we can see that the price reached a key area at 1.01436. This area is great for short positions + the gravity is to the downside because the price created an ascending channel...
Hello traders around the world! Lets talk about the double position trade on GBPUSD. First of all, lets check GBPUSD from a higher time frame. The price reached a mass psychological level on 26 September 2022 @ 1.05200 + reached the lower TL of the descending channel @ 1.03660. This is a great area to long this pair. If we move to the 1H chart, we can...