Forex_signals
LONG OPPORTUNITY IN EUR/JPYReasons-
1) Trading above the 200 ema & Ichimoku cloud on the weekly & daily.
2) Selling came at the weekly resistance but all supply absorbed.
3) Bears trapped and likely to have their stop loss above the recent high.
4) We enter where the bears are having their stop loss so that we can have a small stop loss with high reward potential.
5) Going with the trend makes it easy.
6) Breakout after long consolidation + retest.
Kindly trade at your own risk.
Good Luck ^_^
SHORT SELL OPPORTUNITY IN GBP/JPYReasons-
1) Trading below the 200 ema on weekly.
2) Rejection from the upper trendline of daily and weekly.
3) Formed "W" bearish harmonic pattern on the H4.
4) Noobie traders likely to go long as on the daily it seems to be an upside breakout+retest, not knowing we ready to steal their money :)
5) Bearish divergence on daily (rsi)
6) Good Reward:Risk
Kindly trade at your own risk
Good Luck ^_^
LONG OPPORTUNITY IN GBP/AUDCONFLUENCE OF WEEKLY HORIZONTAL AND TRENDLINE BASE SUPPORT.
SIMPLE PRICE ACTION.
REJECTIONS FROM H4 SUPPORT SIGNALLING BULL RECLAIMING~
Taking a long trade after the double bottom. Low risk4hr chart made a double bottom and all indicators look really good for a trend reversal to 0.618 at least.
Will update as we go.
Please like and share
EURGBP Big Daily Corrective StructureHi Guys,
EURGBP will will continue to the upside. Watch lower time frame for flags to join the trade before breakout or tag the trendline. If it bounces from the trendline expect a bigger correction before buying.
Trade with care
Good Luck
#GBPCADAs the year is beginning, we noticed that a new session of trade is taking place, we expect the pound pair to continue its trend downtrend, it gave a channel up pattern which is a great sign to for a downtrend continuation, we expect it to continue down till it the last lows is been cleared
LONG OPPORTUNITY IN GBP/NZDREASONS-
1)FALSE DOWNSIDE BREAKOUT
2)DOJI CLOSE
3)INVERTED HAMMER CLOSE AT SUPPORT ON WEEKLY.
4) LIKELY TO A PROFIT BOOKING LEVEL FOR THE POSITIONAL BEARS.
KINDLY TRADE AT YOUR OWN RISK.
GOOD LUCK ^_^
SHORT SELL OPPORTUNITY IN NZD/CADFalse upside breakout above the resistance.
Simple price action this time ^_^
Kindly trade at your own risk.
Good Luck
LONG OPPORTUNITY IN USD/JPYReasons-
1) Rejection from the lower trendline.
2) Bears are expected to book profits here and bulls are expected to open new long positions here.
3) Stop hunting has been witnessed on the H4 and H1 timeframe.
4) Double bottom chart pattern.
5) Good RRR
6) Slope of shorter period exponential moving averages have changed the course from downward sloping to sideways.
Kindly trade at your own risk.
Good Luck ^_^
What a clean trade This pair broke beautifully out of this setup
Next candle retested and succeeded, giving safer entry point
Broke to upside hit resistance, like most FX trades do, they swing back and take stops that have been moved to trailing stops
Then they accelerate upwards again!
Looking for more clean setups right now...
If you are in this trade, my take profits would be the levels highlighted by the darker blue dashed lines
EURUSD long eurusd long or buy
stop : 1.21492
take profit : 1.22076
if you using trailing stop use this 120
EURJPY Inv. Head and Shouldersvery easy play.. I will buy when it retests the neckline.. big buy coming
GBPUSD FOR short GBPUSD its for short or sell and as i said everyday when you are 50% of gain take 50% of the deal and let the rest to run
have nice day
cheer
EURUSD SHORTEURUSD SHORT
STOP LOSS : 1.21901
TAKE PROFIT : 1.21243
AND AS I SAID ALWAYS WHEN YOU ARE 50% OF PROFIT TAKE HALF AND USE TRAILING STOP OF 34 PIPS ITS 340 IT MT4
EUR==USD Long(Buy EURUSD) It looks very good.
In general, we are moving towards the weakness of the dollar index...
GBPUSD SHORT GBPUSD SHORT AND DONT FORGET WHEN YOU ARE 50% ON PROFIT CLOSE HALF AND MOVE STOP TO BREAK EVEN
HAVE NICE DAY
