Hello Fam! Double top pattern formed after price was rejected of the resistance zone for couple of times. The pair should be shorted if we have an additional bearish sign, such as breakout of the support trendline. Good luck to you! If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
Trade Setup summary: Profit targets=863 pip (60 + 110 + 173 + 230 + 290) Stop Loss =120 pip Reward/Risk > 7.2 : 1 Current Status: Total Profit: 649 pip Closed trade(s): 649 pip Profit Open trade(s): 0 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 1.0676 based on 'previous Forecast' at 2020.07.27 : Closed...
Trade Setup summary: Profit targets=863 pip (60 + 110 + 173 + 230 + 290) Stop Loss =120 pip Reward/Risk > 7.2 : 1 Current Status: Total Profit: 649 pip Closed trade(s): 649 pip Profit Open trade(s): 0 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 1.0676 based on 'previous Forecast' at 2020.07.27 : Closed...
Price is facing bearish pressure from our resistance and trend line where we could see a drop to our first support level, 20 period EMA and Ichimoku cloud are showing signs of bearish pressure as well.
Price is facing bearish pressure from our resistance and trend line where we could see a reversal here. 20 period EMA and Ichimoku cloud are showing signs of bearish pressure as well.
Price is facing bearish pressure from our resistance and trend line where we could see a reversal here. 20 period EMA and Ichimoku cloud are showing signs of bearish pressure as well.
AUDJPY is approaching 1st support at 76.32 where it could potentially rise further to 76.70. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
A nice short set up forming here. Price is currently within the resistance level. I am looking for further confirmation from bearish candlesticks to show rejection at resistance. One price crosses the trend line at 0.64990 I will look to short this pair, providing that the RSI, RVI and MACD all show signs of a bearish move.
GBPAUD still in uptrend, broken past resistance now support area. See past ideas, have been up hundreds of pips on this one pair alone. Depending on your risk tolerance: Entry 1: Current price of 1.8200 Entry 2: 1.8140 area Entry 3: 1.7880 area I'd recommend breaking up your lot size to 1/3 for each possible entry to minimize risk. TP 1 : 1.8400 area...
Downwards channel formation. Watch Australia unemployment fundamentals shortly here. Expectation AUD weakness. I am only in sells in AUDUSD. If it retraces up I will sell at 0.7230 (resistance) Entry: Sell stop 10 pips below channel TP @ 0.7090 area (bottom of channel) Good luck trading! Please help like my free analysis ideas so it can benefit more people....
See past AUDCAD idea. Neckline broken and we are headed down. Watch for news at 930PM EST for a drop or short pullback Entry points 1. Sell at current price of 0.9500 2. Sell at neckline resistance of 0.9515 area 3, Sell stop 0.9465 TP 1 @ 0.9440 area TP 2 @ 0.9300 area Good luck trading! Please like this idea so others can benefit from these free trade...
AUDJPY overbought and at major resistance area of 76.56. Retrace is coming, AUD Unemployment will help the retrace downwards. Entry @ Sell at current price of 76.56 TP levels in green (200+ pips opportunity) Good luck trading! Please like this idea so others can benefit from these free trade analysis. Let me know how I can help. Charles...
Hi Friends, I have been posting on EURAUD for a while, yesterday prediction was upwards break after AUD news release. Took a few positions and took profit at 1.6530 for 7% total account growth. (Remember Take profit levels are areas, not exact price points) Expecting now a retrace to 1.6500 area handle to reenter or @ 1.6470 area TP target @ 1.6550 - 1.6570...
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
Price is facing bullish pressure from our support and ascending trend line where we could see a bounce above this level.
Price is facing bullish pressure from our support and ascending trend line where we could see a bounce above this level.
The pair is printing higher lows and higher highs (HL/HH), suggesting buyers are in control. It's currently above the pivot level. EUR is one of the strongest pairs today and NZD one of the weakest. The pair broke on H1 and M15 major levels: - on H1 and M15 price is now ABOVE the cloud - on M15 the lagging span broke the Kijun-Sen, Tenkan-Sen, and the KUMO,...