charles-okoukoni

charles-okoukoni Updated 

A bearish opportunity recently presented itself on the euro-kiwi trading chart. This follows from the bearish harami candlestick pattern which printed just below the 1.66000 psychological level. A stop loss above the same psychological level and a profit target anywhere between your entry and the swing low of 1.58860 could give you a reward-to-risk ratio as high...

charles-okoukoni Updated 

A bullish opportunity recently presented itself on the kiwi-loonie trading chart. This follows from the bullish engulfing candlestick pattern which printed just above the 0.79100 psychological level. A stop loss below the 0.79000 psychological level and a profit target anywhere between your entry and the swing high of 0.82534 could give you a reward-to-risk ratio...

charles-okoukoni Updated 

A bullish opportunity recently presented itself on the pound-dollar trading chart. This follows from the bullish harami candlestick pattern which printed just above the 1.14000 psychological level. A stop loss below the same psychological level and a profit target anywhere between your entry and the swing high of 1.22956 could give you a reward-to-risk ratio as...

charles-okoukoni

A bullish opportunity recently presented itself on the pound-swissy trading chart. This follows from the bullish engulfing candlestick pattern which printed just above the 1.11000 psychological level. A stop loss below the 1.10500 psychological level and a profit target anywhere between your entry and the swing high of 1.17791 could give you a reward-to-risk ratio...

charles-okoukoni

A bearish opportunity recently presented itself on the euro-pound trading chart. This follows from the bearish harami candlestick pattern which printed just below the 0.87500 psychological level. A stop loss above the same psychological level and a profit target anywhere between your entry and the swing low of 0.83401 could give you a reward-to-risk ratio as high...

charles-okoukoni

A bullish opportunity recently presented itself on the aussie-dollar trading chart. This follows from the bullish engulfing candlestick pattern which printed just above the 0.66800 psychological level. A stop loss below the same psychological level and a profit target anywhere between your entry and the swing high of 0.71403 could give you a reward-to-risk ratio...

charles-okoukoni

There's been a long trade opportunity on the dollar-loonie trading chart, following the fake breakout of the price below the 1.28194 horizontal support level. This signals a buy because of the bullish harami candlestick pattern; with the bullish candle closing above the same support level. You can enter the trade around the 1.28294 price level and set your stop...

charles-okoukoni

The EURNZD currency pair is currently short from the 1.68509 horizontal resistance level. This has presented a short trade opportunity occasioned by the bearish harami candlestick pattern below the same level. You could enter the trade by setting your stop slightly above the same level and target anywhere from your entry price to the 1.64000 psychological level.

charles-okoukoni

A 'buy' opportunity has just presented itself on the loonie-swissy trading chart. This is occasioned by the bullish harami candlestick pattern which closes just above the 0.74593 horizontal support level, which signals a fakeout and suggests an upward price movement. You can still enter this trade by setting your stop slightly below the level mentioned earlier...

charles-okoukoni

A 'sell' opportunity has just presented itself on the aussie-loonie trading chart. This is occasioned by the bearish harami candlestick pattern just below the 0.91276 horizontal resistance level, which signals a rejection of the same level and suggests a downward price movement. You can still enter this trade by setting your stop slightly above the aforementioned...

charles-okoukoni

A long trade opportunity has recently presented itself on the euro-loonie trading chart, occasioned by the bullish engulfing candlestick pattern just above the 1.33931 horizontal support level. This shows a rejection of the same support level, with tendency for massive moves to the upside. There's been quite a move already but you can still enter the trade if you...

charles-okoukoni

A 'sell' opportunity has presented itself on the swissy-yen trading chart. This follows from the bearish engulfing candlestick pattern just below the 136.210 horizontal resistance level, indicating a rejection of the same level. You can still enter this trade by placing your stop slightly above the said level and setting targets below the level, ensuring a...

03:46

charles-okoukoni

A long trade opportunity has presented itself on the euro-dollar (EURUSD) chart. This is shown by the bullish harami candlestick pattern just above the 1.06477 daily horizontal resistance level which is now acting as a support, following the breakout of price. There's been a pullback and we're likely going to witness a continuation of the upward trend. Please...

charles-okoukoni

A 'buy' trade idea recently presented itself on the Aussie-Kiwi trading chart, following the bullish harami candlestick pattern at the end of the bearish move just above the 1.09788 daily horizontal support level. This signals a change in trend to the upward direction. With entry at the 1.09791 price level and a stop of 1.09571 (22.0 pips), a reward-to-risk ratio...

charles-okoukoni

A 'buy' trade opportunity presented itself on the AUDCHF trading chart, following the bullish pin bar at the end of a bearish run. The pin bar closed above the 0.68214 daily horizontal support level, signalling a rejection of the same level and providing a buying opportunity. An RR of 7.38 is possible if you enter the trade at the 0.68452 price level, with your...

01:37

charles-okoukoni

A 'sell' opportunity just presented itself on the euro-loonie trading chart following the bearish inverted pin bar at the end of the bullish run just below the 1.37664 daily horizontal resistance level. If you enter this trade at 1.37482 and put your stop at 1.37787 (about 30.5 pips) and target at 1.35355 (about 212.7 pips), you could be looking at a...

charles-okoukoni

The AUDCHF currency pair recently rejected the 0.70766 daily horizontal resistance level (according to the bearish harami candlestick pattern below the level), thereby presenting a 'sell' opportunity. A reward-to-risk ratio of 4.97 is possible as follows: Entry Price: 0.70437. Stop Price: 0.70806 (36.9 PIPS). Target Price: 0.68603 (183.4 PIPS).

charles-okoukoni

A short trade opportunity has just presented itself on the GBPNZD trading chart! This is evident from the bearish inverted pin bar candlestick which closes just below the 1.94773 daily horizontal resistance level and signals a rejection of the price level. A stop at 1.95186 (about 45.1 pips) and a target at 1.92400 (about 233.5 pips) could see you in the region...