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NZDCAD Sell 800 Pip Opportunity UpdateMy previous analysis of EURNZD Sell entry was to wait for a daily bear candlestick formation. We have multiple bear candles below the downwards channel on the weekly. Entry: 1. Sell at retest of weekly downtrend line @ .8920 area. 2. Current price of 0.8863 area Indicators: 1. Pair currently trading in downwards channel acting as resistance. 2. Daily Uptrend line has been broken and back has been retested as resistance 2. Weekly RSI overbought bulls are weakening. 4. Strong Daily Bearish Candlestick close TP levels: Take short TP levels of 40-50 as this pair is can still consolidate or move downwards slowly. Good luck trading! Let me know how I can help. Charles V CVFX Management www.cvfxmanagement.com @cvfxwealth Trading made simple.
Short
by cvfxwealth
GBPUSD Sell Opportunity 900 PipsGBPUSD at a strong pivot point historically. Looking at a sell opportunity once we have confirmations. Indicators: 1. Downwards weekly trendline 2. Weekly RSI in strong sell zone 3. Weekly candlestick has closed under Down trendline Entry: 1. Aggressive trade @ current price of 1.3073 with short stop loss. 2. Wait for large bear candle on daily to sell down. (current POV) TP 1: Shorterm: Next support @ 1.2829 area TP 2: Long term: Large support @ 1.2116 area Good luck trading! Let me know how I can help. Charles V www.cvfxmanagement.com @cvfxwealth Trading made simple
Short
by cvfxwealth
2
EURAUD Flag Formation - Buy UpdateFlag formation on EURAUD, watch for a breakout shortly today into London session. Please see my past ideas on EURAUD, this is a pair I will be buying up for the next few weeks. Indicators: 1. Weekly RSI in buy zone 2. Upwards weekly channel and a strong bounce from bottom of channel 3. Higher highs, higher lows created Entry 1. Bottom of Flag for aggressive entry 2. Support at 1.6375 area TP 1: 1.6565 area TP 2: 1.6770 area Good luck! Let me know if you have any questions. Charles V www.cvfxmanagement.com @cvfxwealth Trading made simple
Long
by cvfxwealth
AUDCAD Sell: 300+ pip Opportunity UpdateAUDCAD bounced off top of channel as expected (see past AUDCAD idea linked). This trade profited over 100 pips. Waiting on a break of .9500 area and a close under it. This will confirm more selling to the bottom side. Indicators: 1. Weekly trend is still downwards. 2. Weekly RSI overbought, now in a strong sell zone Entry: Once we have a break of channel, sell on the retest of the bottom channel (new resistance). TP 1: next support area of 0.9426 TP 2: higher time frame support of 0.9283 Good luck trading! Charles V www.cvfxmanagement.com @cvfxwealth Trading made simple
Short
by cvfxwealth
EURGBP - Trade Idea Add this on to your watchlist. Are we going to see the trendline hold. I am more biased to setup A as we have higher amounts of rejection from the Fib zone, we are not testing to break the lows from the sideways move. I would like to see the pair shift direction to the downside as the GBP grows in strength. Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this chart helpful . If you did like this free educational chart please like and follow the channel, there is lots more valuable content right around the corner. Feel free to comment a pair or subject you would like me to cover next. Trade Safe Alpha Trading Group.
by AlphaTrading-Group
USDCAD - Trade Idea USDCAD - We can see the high amount of rejection from 1.3400 key level. The only thing stopping the swing trade to the upside is the resistance level at the fib. We can short from here back to the downside with the trade if we get rejection price action. However if the pair breaks for the reasons highlighted in the chart we could be in for a nice long trade. Once the pair give us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this chart helpful furthermore, I hope it brings value to your trading. If you did like this free educational chart please like and follow the channel, there is lots more valuable content right around the corner. Trade Safe Alpha Trading Group.
by AlphaTrading-Group
USDJPY - Trade Idea USDJPY I will be expecting a pullback from the key level 106.00 to retest the support level that was resistance last week. At this level I will be keeping a close eye on price action in the 1&4hr to see if we get a long trade setup. Once the pair give us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this chart helpful furthermore, I hope it brings value to your trading. If you did like this free educational chart please like and follow the channel, there is lots more valuable content right around the corner. Trade Safe Alpha Trading Group.
by AlphaTrading-Group
EURNZD Buy UpdateSee my last trades of this pair, been trading it since the bottom of the weekly channel. Since the last update and entry at 1.7250 area, pair is currently up 500 pips with lots more opportunity to go. Indicators: 1. Weekly upward channel holding and pair bounced off bottom of channel. 2. Weekly RSI in buy zone. 3. We are creating higher highs and higher lows. Entry @ 1.7630 area (past resistance becoming new support. Expecting pair to retrace down where we can reenter safely. TP 1: 1.7900 TP 2: 1.8537 Good luck trading! Charles V www.cvfxmanagement.com @cvfxwealth Trading made Simple 20% July 2020
Long
by cvfxwealth
UASCAD - Breakdown Good Afternoon everyone, I have broken down the USCAD setup i will be looking to take when the trade confirmations are meet. I will be looking for the Long trade up to the fib zone. We can see in the higher time frames the possible longer term targets for the pair. If you liked this video please like and share as it will support the creating of new free content. Students there will be a further video or chart sent out when we are ready to pull the trigger on the trade, I will notify you all in slack. For anyone who would like more information about what we do at Alpha Trading Group, please leave a comment below and I will get back to you ASAP. Safe trading everyone.
by AlphaTrading-Group