Dollar is gonna fall dramatically !?It's seems that we're at the end of wave B correction.
the best trigger for entering the trade is shown in the chart.
Another thing that is showing us the end of up trend is RD- in macd.
Currencytrading
GBP/USD long Price nicely jumps from our support line.Our RSI making nice divergence higher lows which means price should reverse up + my old friend Aroon say we are on the way to up trend i think price will move above top trend line if im looking at fundamental side of the trade theres is still big protests in America which means economy of America will decrease from other side UK economy seems to be more stable for now. Let me know what u think about my idea in coments down below please.Any advice is welcomed.
USD/CHF longAs we can see on currency strenght USD winning against CHF thats one of the reasons to go long in this trade.Second motivation is my fibo where price holding on level 50 on 4h,1h and 15min charts so im thinking it could go UP in this case.This is just my own personal idea dont recomend to use it to anyone as im just begginer and not sure 100% about this move. Thank you for any advice would be really appriciated. Let me know what do u think about this idea in coments below
EUR/JPY long shotAs we can see on currency strenght EUR is stronger than JPY and forecast for JPY doesent seems to be very pinky in close future so in this case i would go long after reach our support level of course if its gonna happen.Please let me know what do u think in comments down below.Any advice is welcomed.
AUD/NZD lil Longas we can see my indicator showing me AUD is a bit oversold and it might be signal to go up.Its a bit late jump in to trade but i think later better then never. Im just begginer and kinda playing with charts now with my Demo acc so every advice is welcome and appriciated :)
Short AUD/NZDAs some of you know, i was long this pair a few days ago, expecting it to continue with its uptrend. However it reversed at this major zone, so after taking profit on one trade and getting broken even on the 2nd, i have now taken a short position, and expect it to move lower.
If you want to learn more about how to trade drop me a message on here or on instagram saxonpooley!
Have a good weekend
EURGBP SHORT 3 REASONS3 REASONS TO SHORT
* HEDGE FUNDS BUILDING SHORTS
* U.K. OPENING UP ECONOMY
* BORRIS JOHNSON POSSIBLE DEAL IN JUNE ON TRIP TO BRUSSELS TO MEET WITH EURO LEADERS
IM IN BUYS RIGHT NOW BUT WILL BE CLOSING SOME OF THEM SOON OR MAYBE MY STOP LOSS WILL GET HIT IN PROFIT. PLEASE LEAVE YOUR COMMENTS OR IDEAS AND LIKES. THANKS MATES. ENJOY!!!
EURUSD Short (Based on resistance)This evening Trump wil speech about China, this will likely be bad for the eurusd longs and we are also at resistance now, logic says we go short again.
CADJPY | Get to know our AI TradesWould you place it long just under a resistance? This trade was a signal sent today by our AI, closed in Profit this afternoon.
Symbol: CADJPYAction Price: 77.707
Direction: Long (Buy)
Take Profit: 77.9392
Entry: 2020-05-26 12:55:03
Exit: 2020-05-26 14:59:45
Time zone: UTC-0
Every day will share with you some of our AI Forex Trading Signals. Each signal has a target of profit between 0.78% and 0.94%.
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EURCHF LONG: A SEASONALITY- FIBONACCHI ANALYSIS Price retraced and hit the support of fib retracement 38.2% for a possible upward trend as confirmed on our chart.
Observing the window below is our seasonality indicator highlighting an exact entry in sync with our fib retracement support level.
Enter a long position with the entries given.
NZD/USD LONG POSITIONI will be looking to take a long position as i have been waiting weeks for price to drop down to my support level 1. I do not believe we will see support level 2 be breach. As of now the U.S. has printed 3 Trillion or are planning on printing more money. That should weaken the USD currency for some time. Maybe a week or so. Also U.S. states are reopening and i believe phase 2 will hit the U.S. and other countries like Europe because they are lifting lockdowns so early. The countries that stay sheltered will be the ones to come out of this pandemic the most successfully. New Zealand being one of the front runners. They have handled phase 1 so well. Let's sit back and watch and enjoy the charts. Good week mates !
GBPAUD- BUY (If it touches TP1, I'll buy a pack of gums)After many corrections and
impulses the price has reached
LL where a spport has formed,
and now the price shows signs of correction.
And there are some rejections
to the consolidation at LL that
confirms that it wants to push up.
Likes and comments if you want more trading setup. Thank you!
USDCAD Long 1h chart, short time frameSupported bij a trendline with higher bottoms and higher tops. Also the Moving average lines, seems solid.
NZDUSD LongClear uptrend pattern, consolidation pattern that is now at the bottom and next is the top again.
AUD/NZD Short BiasPrice kissed the monthly supply zone, coming off short on hitting the daily supply zone. where we place our short limit orders. currently still waiting for the price to touch the daily supply zone, which is inside a monthly zone. I got for a 1:3 RR, it could go a lot lower and you can make a lot more but I have strict rules, so I only go for a 1:3 for now. if your gonna enter I suggest only risking 1% of your account.
Assuming race can be won on AUD-USD.
No need more logic , Just keep stop-loss above - 0.65681
Safe trader Target : 0.63672
Swing traders: T1 - 0.62944
==> Strongly Bearish below : 0.62385
Likes and Comments if you want more update with trading setup. Thank you.
NZDUSD Head and ShouldersPrice is currently forming a rising wedge pattern at the right shoulder of a possible Head and shoulders pattern. We expect a reversal to downside for this pair after price breaks out of the rising wedge .
AUDUSD OPPERTUNIYAs you can see the AUDUSD has had a nice pullback to a strong support. It probaly will go up from now on
sl: 0.64300?
tp: Somewhere between 0.65180 and 0.65500??
Long NZDJPY Price approaching my buy limit order for NZDJPY
Intraday May rise 74-108 PIPS rebound towards 65.26
Alternative scenario: the downside breakout of 63.65 would call for 63.08 and 62.74.
AUDJPY | Short term Sell OpportunityFriends, please support this idea with LIKE if you find it useful.
Actually AUDJPY is in uptrend. But you may get a short term SELL opportunity here. Now price is trying to retest the resistance level. You may make use of this opportunity to get in. But I'd recommend you to take the sell position only if you see a rejection from the resistance level or if the price manages to breach the previous level of support. If the price manages to breach resistance level, then don't enter.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
