Hello Traders, I have entered short on this pair mainly for the reason on our daily chart. Price has formed a bottom wick candlestick in which looks bearish. The top body of the wick isn't as bullish as it seems, what I'm predicting is price will come down to that lower wick, which is about a 40 pip move. As always trade with proper risk management. Entry: ...
Hello traders, I have entered short on this pair. Price has come up to an area of resistance, this pair has been historically known to tank when price gets to about these prices. So we want confirmation that this pair will fall, first we see a double top. Secondly, we have not 1 but 2 very bearish engulfing candlesticks. Lastly, we clearly see a bearish divergence...
Hello Traders, I've entered short on this position for 3 main reasons. First is we had a support level now turn into resistance. Secondly, price has come back to tag the resistance level. Lastly, we have developed 3 bearish engulfing candlesticks off the 1 hr level. Please trade with prop risk management. Entry: 1.46869 SL: 1.47326 TP: 1.45894
Hello Traders, I've entered short on this pair. Looking at the 1 hr chart, we have formed a bearish engulfing candlestick on our small pullback upwards. If you look to the left we can see price has broken support. I'm taking profit on the next support level which is 1.92846 Entry: 1.93457 TP: 1.92846 SL: 1.93995
Hello Traders, I have entered long on this pair. We can see on the 1hr chart we are forming a W chart pattern. We have created Higher highs and Lower highs. We are entering an area of support. For extra confirmation we look at our daily chart, we can see a very convincing bullish engulfing candlestick. These are signs pointing towards the upside. Entry: ...
Hello Traders, I've entered long on this pair for 3 main reasons. If you see on our 4hr chart, you see we have formed a double bottom. This is a good sign from the bulls that this support we are in is strong. Now we look for confirmation to enter this trade. We can clearly see a bullish engulfing candlestick has appeared. I have marked that candlestick in the...
I have entered a buy position on this pair. Here are my reasons: We have broken resistance, and now we are entering a retest zone. Looking at smaller timeframes, I'm waiting for confirmation price will reverse. We see a very bullish engulfing candlestick bouncing off the previous resistance which is now support. Entry: 91.644 TP: 92.950 SL: 90.343
Hello traders, I am entering a buy position for this pair. We can see a flag starting to form on the 4hr chart, looking prime for more upside. Looking at the daily, I am searching for signs of upside and we can clearly see a very bullish candlestick has formed. As far as extra confirmation, we can also see a bullish divergence as well, this is pointing towards our...
Hey Traders, I have entered a short position on NZD/USD. Price has come to an area of resistance forming a double top. Another area of confirmation is price has formed a bearish divergence on the 4hr chart. One last confirmation I needed was a bearish engulfing candlestick which has been formed on the double top. Entry: 0.64940 SL: 0.65772 TP: 0.64282
Hi Traders, I have entered long on the pair due to the multiple bottoms price has created on top of higher lows being formed. Looking at the daily chart we can also see some bullish divergence that has developed. This is confirmation for me to enter this trade long. Entry: 138.572 TP: 139.581 SL: 137.461
Hello Traders, I have entered a short position on NZD/CAD. Here are my main reasons for shorting this pair ->> Looking at the weekly chart, we have a very STRONG bearish engulfing candlestick. Price is starting to reach area of resistance most likely forming a double top. If you look at the 4hr chart, I'm looking for signs this pair will reverse downward and you...
Hello Traders, I have put in a buy position for this pair. We can clearly see the daily chart starting to show signs of upward movement based off a bullish divergence we have formed. Going down to the 4hr chart we want to see if there are signs this pair will move upwards and we can clearly see we have a very bullish engulfing candlestick that we have formed....
Hello Traders, I have entered a buy position on this pair. We have hit support 3 times with higher lows being formed. This is a temporary buy, I think there is more room for this pair to move downward but for now I think we will make moves to the upside. Entry: 1.75252 TP: 1.75989 SL: 1.74335
Hey Traders, I have entered a short position on AUD/USD strictly because I am seeing signs of this pair losing steam. We have not one, not two, but three rejections off the previous tops(1hr time frame). We have formed a bearish divergence on the 1 hr timeframe as well as on the 4hr time frame. Entry: 0.69767 TP: 0.69212 SL: 0.69146
Hello Traders, so for this week on the pair GBP/NZD. I will be shorting this pair. We are overall in a downtrend, so for now I won't fight against the trend. The pair has come to a point of resistance which is where I will enter. Another reason for entering is we have a bearish engulfing candlestick on the 4hr time frame. With this pair, it's usually a sign for...
Price has broken weekly structure. We see on our 4 hr chart a bullish flag. We want to enter on our new higher low that price has created, which is on the 50.0% FIB level. We'll set our TP to the previous higher resistance which is our -0.27 fib level. Entry: 1.11400 TP: 1.11913 SL: 1.11054
Looking at this beautiful setup, our daily chart has formed a 38.2% bearish candle along a shooting star. For extra confluence, price has also made a bearish 38.2% candle on our weekly chart. I believe price will retrace to previous lower lows. Entry: 1.47544 TP: 1.46212 SL: 1.49019
Hello Traders, I have went long on GBP/SEK purely based on price action. Looking at our daily chart we can see a bullish flag forming as well as some 4hr divergence for extra confluence. Also looking at our 4 hr timeframe we see price is broken the downtrend and I believe it's already setting up for a temporary reversal to the upside. And looking for double...