rsfxtrader

rsfxtrader

Potential idea for next week. My personal view and only for educational purposes. Not an investment/trade advice.

rsfxtrader

EDOUSD - Price is in a good uptrend and seems like the pullback is over. Bullish bias in the short term. Note: All ideas are for educational purposes and are not investment/trading advice. Please trade/invest after doing your own due diligence. Thanks!

rsfxtrader

Price seems to be starting to make hh and hl and could be ready for another leg higher. Considering there a lot of EUR news during the London session today we might see some volatility and this could play out nicely.

rsfxtrader

Pretty simple continuation on this pair. Let's see if we can get a new leg lower

rsfxtrader

Seems like price is ready for a pullback and can give us a nice setup.

rsfxtrader

Simple intraday setup. Let's get a retest of the broken support and this could roll over

rsfxtrader Updated 

Let's see if we can reach targets before a push higher into 0.6200

rsfxtrader

Seems like price could be setting up nicely for another leg lower on this pair. Here is the 4h and 1h view.

rsfxtrader

This pair seems to be setting up nicely for another leg higher. Wait for market open to see any buying opportunities around the nearest blue zone below current price. The 4h chart on right side is just flipped on the price axis

rsfxtrader

DXY is back below 100.00 level and I do see further drop this coming week. Let's see if this plays out and gives some opportunities in USD pairs.

05:59

rsfxtrader

Check out the video

rsfxtrader

- Price made a double top at the very key level - A break of purple trendline would ensure more downside, and current price on the chart could be considered as an aggressive entry.

rsfxtrader

- Price is currently rejecting the monthly level, and it could start dropping on a lower time frame, which could also be a retrace on a bigger time frame. - This is a counter-trend trade so taking it with 50% of my usual lot size

rsfxtrader Updated 

Per notes on the chart, this pair could be on its way to make another leg lower in the coming weeks. This is a long term idea, so I would be jumping on smaller timeframes to find a trade, keeping my bias for short.

rsfxtrader

Per notes on the chart, it seems like the price might go to fill the weekly candle wick at 1510, and from there based on the candle formations and price action, a trade can be determined.

rsfxtrader

- Price seems to be extended to the downside and could now create a healthy pullback to the highlighted blue area - Based on comments on the chart this could be a small pullback trade followed by another leg to the downside

rsfxtrader

Eurcad could be setting for a leg lower. I have eyes on 2 potential scenarios - 1) If price goes above 1.6700, I will wait for price to reach the blue zone before selling 2) If price fails to break above 1.6700, I will wait for the black minor support line for break and retest to sell

rsfxtrader

EA could take a nose dive from this region. I would be looking at couple price areas to short this pair. - Sell in the range of 1.6340-1.6370 - Sell at the break and retest of the blue line in picture