AMAZING SHORTS ON NZDUSD!Here on Nzdusd we can see that on the 15min time frame price has formed a triple top.
Price also struggles to break our previous resistance level and the descending trend line.
Both moving averages are also bearish so we can see that bears currently have control of the market.
On the 1 hour time frame price is also currently forming lower lows and lower highs and price has just formed a new lower high, giving us extra reason to believe price will drop and potentially create new lower lows.
Hope you enjoy this analysis and check out my page for plenty more to come!
Bestraders
Buy CHFJPY +200pips Scalping| Clear and Simple Chart UpdatedThe Downtrend of CHFJPY is stopped by a powerful support level at 108.64 that rejects the lower price for a newly designed uptrend confirmed by the formation of a Morning Star Candelisticks Patterns and a pin bar bearish reversal trend.
Buy CHFJPY Risk-Reward: 2.92
Close 70% of your profits at 111 area.
CADCHF - Prediction and Analysis | Best Chart UpdatedIf you trade Monday 21 January the CADCHF Pair i want you to follow my advice
- Don't trade it before the CHF News because the trend can change and a breakout can happen so if you buy CADCHF without a Trailing Stop your SL can be hitted
- Watch the Volume on the ADX is going down don't trade when the volume is low and one question! why the volume is low? because Bank gets out of the market to wait for CHF news and why not you?
- Also, use low Risk for good Risk-Reward because if the volume is up and the CHF News released all will be clear with this chart to help you to take the best decision.
Thanks for reading me and it was a pleasure to help you for the best.
GBPUSD Best Analysis After Brexit | Simple ChartAfter the Brexit let me tell you that many investors I know have more confidence in the Pound and don't stop to buy after the good news relating to the positive note about the Brexit and the recent vote for Theresa May's proposals.
Now the questions that many traders ask is if the USA will leave the GBP to continue to going up against their money USD?
We know that the USD is so much affected by many news in the USA but banks and other business-makers in the market make strong resistance at 1.300 Level and every time when the price arrives at this level sellers show their strength making the price down. This psychology level is important for sellers to sell the GBPUSD for only 20pips risk if not working after all you have tried that the most important.
Next Week we can have this 2 scenarios possible and the most important to understand by trading the GBPUSD pair is to not scalp but have the best entry for buy or sell and I give you in this chart.
Advice of Baba
Buy Low following news
Sell High following news
Good Luck!!