Forex_signals
AUDUSD Down Channel pattern AUDUSD is in Down Channel pattern in Major structure and in that there is Rising wedge pattern it will work as a Reversal pattern with 50 pips stop loss it was work as a risky trade if you can take the risk then take a Trade otherwise stay way.
Entry point: 0.70404
1 Target 0.70030
2 Target 0.69592
3 Target 0.69231
4 Target 0.68475
5 Target 0.67766
Stop Loss: 0.70900
Use 0.01 LOT Size.
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan.
AUDJPY LONG After a bullish engulfing pattern AUDJPY LONG After a bullish engulfing pattern.
The bullish engulfing bar pattern tells us that the market is no longer
under control of sellers, and buyers will take control of the market.
When a bullish engulfing candle forms in the context of an uptrend, it
indicates a continuation signal.
When a bullish engulfing candle forms at the end of a downtrend, the
reversal is much more powerful as it represents a capitulation bottom.
EURGBP DOWN CHANNEL PATTERN - MID TERM EURGBP Is In DownChannel Pattern if the market Closing Make Bearish Pin Bar then take sale trade with stop loss above PinBar.
Sale Entry AFter Confirmation of Pin Bar.
1st Target : 0.89324
2st Target : 0.88921
3rd Target : 0.89324
4th Target : 0.88720
5th Target : 0.87363
6th Target : 0.86274
7th Target : 0.84958
8th Target : 0.89324
9th Target : 0.84395
Stop loss: 0.90794
USE LOTE SIZE : 0.01
Risk 100 pips Reward 539 pips
MIDTERM HOLD TRADE IF MARKET CLOSE IN OUR CONFIRMATION
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
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Thanks
Adil Khan
GBP/USD Setup - possible entry price, stop loss is included!Hello!
I have an possible short setup for GBP/USD on the Daily chart .
As you can see, the lower keltner channel has been tagged, and a bear flag has emerged. Price action has retraced so far around 40%.
(possible) Entry price: 1.2516
(possible) Stop loss: 1.2604
(possible) 1st profit target: 1.2442 ( pivot low of the trend leg)
*use a trailing stop for the rest of your position*
REMEMBER: only enter this trade on downward momentum (this is your confirmation for entering the trade)
Also, given political uncertainty surrounding Brexit, if this trade is triggered, it is wise to exit on any upward momentum even before the stop loss is hit.
Happy trading! Best of luck!
GBPCHF Descending Triangle PatternGBPCHF in 12 Hrs Time frame Making descending triangle pattern
The descending triangle is a bearish formation that usually forms during a downtrend as a continuation pattern. There are instances when descending triangles form as reversal patterns at the end of an uptrend, but they are typically continuation patterns
Why I Believe that market will Break to the Upside Because Right now its on Demand Zone of Jan 2019.
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
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Thanks
Adil Khan
EURGBP Break the Rising wedge pattern EURGBP has to Break the Rising wedge pattern Successfully we little bit late to take them but no problem still there Good Risk to Reward Ratio.
In Major time frame, EURGBP is making Channel pattern which has properly test the resistance level looks like making a reversal and in the 4hrs time frame we have caught the Rising wedge pattern Break down.
Just Follow the swing low point for Step by step targets
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
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Thanks
Adil Khan
EURJPY Supertrade Daily Entry - 50 to 1 Win vs Risk !!Hello all - DuncanForex here with a Trade idea.
Based on the bullish pin bar printed on the monthly chart in Jan 2019. Over the past 6 months , price has retraced to the 50% to 61.8% area.
You will see on the daily chart it has made higher highs and higher lows and just now printed a daily bullish pin bar.
On the daily chart - you could get a 9 to 1 trade - up to the most recent highs. If you enter on the 4 our chart you could get a near 20 to 1.
Based on the monthly chart - with a Fibonacci extension, I think there is a possibility of EURJPY getting to the 150.00 area over the next 1 to 2 years.
I will be taking 5 entries at varying price levels and look to take it up to the 127 area initially - then after consolidation and break outs, look to then trade it again higher.
This is analysis and a trade idea all wrapped up into one .
Thanks for looking at my idea
My website is not far away now
Thanks
Duncan