Forex_signals
EUR/NZD to break Resistance.The EUR/NZD has been fluctuating the last half of the month testing the wedge lines. The latter has been reliable , though the recent bounce can break the Resistance line and the price can form the Wedge Reversal pattern.
EUR/USD 110 pip Horizontal Support and Resistance Set-UpThese support and resistance levels have been proven to be very important in the recent history. You can zoom out to understand how these zones have impacted the price before.
I present a nice short set-up here. After confirmation of the horizontal resistance area , we can go in for a nice trade towards the first level support.
The support level I chose to exit this trade is a relatively quick one. There is much uncertainty in the world right now and with all the news about Minnesota it is not clear what will happen during the weekend.
I suggest to use this weaker level, that under normal circumstances would be very conservative, however in these times I suggest taking more frequent shorter trades.
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
Be Careful on EUR/USD - Conservative Simple Trade Set-upThese support and resistance levels have been proven to be very important in the recent history. You can zoom out to understand how these zones have impacted the price before.
I present a nice short set-up here. After confirmation of the horizontal resistance area, we can go in for a nice trade towards the first level support.
The support level I chose to exit this trade is a relatively quick one. There is much uncertainty in the world right now and with all the news about Minnesota it is not clear what will happen during the weekend.
I suggest to use this weaker level, that under normal circumstances would be very conservative, however in these times I suggest taking more frequent shorter trades.
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
CADCHF H4 BUY1.two bottoms
2.support resistance
3.trendline
4.h4 engulfing candle signal
5.m15 libra
6.butterfly can be targeted.
7.it is not investment advice.
GBP/USD Drop I Trade Pivots with the trend, here is a case where we have a 4 hour pivot and its with my longer term trend down.
USDJPY steaming upwordsAfter my previos analysis for this pair, that projected break up of the falling wedge pattern, we recently had another confirmation of still very bullish momentum.
EURUSDTHE EURUSD IS CURRENTLY FINDING RESISTANCE ON THE 1.08200, WHICH FROM THERE WE MIGHT BE LOOKING AT A FURTHER BUY WITH A CONFIRMATION ON THE 15M CHART
- TP 1 - 1.07889
- TP 2 - 1.07791
RISK MANAGMENT APPLIES
USD CAD short position After the formation of the double top above, and the false breakout that happens at the resistance level . finally the market broke the support level and there is a high probability that the market will go to reach the next support level
CADCHF REACHED BUY KEY LEVELCADCHF Reached Strong Support Zone At 0.68220
Just Wait For Correction.
After correction,
Next resistance will be 0.70100
Don't Forget To HIT LIKE & FOLLOW ME
Multiple different confirmations for the Long lets roll it!This chart may look like its filled with alot of things but just look carefully. This is a strategy with different components from others added to make my own that once proven will apply for weekly holds to take out the emotional up and down. On my notes I have position to enter at market open and three other positions to enter at different spots shortly after, after more confirmations on the hourly chart.
Looking to make 1000 plus dollars on this move that will play out over the week with a $400 account risking initially around $250. but after all positions are set will have the entire account at risk if goes south. Looking to flip this account basically . Back tested this pair and strategy with this pair 15 times and scored the win 12 times 80%.
comment your ideas if see same things or different.
