See 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...
See my prior analysis this week and comment on a potential upwards king's crown. Entered at past support area (red line) and pending buy at 1.6300 handle for potential right tip. Trade is up about 100 Pips right now. Target at next Resistance of 1.6560 handle. Will probably exit with profit and reenter on small time frames. Summer months are volatile so it's...
EURAUD setting up a nice King's Crown pattern, expecting a retrace them break out of consolidation range. Entry at right tip (right shoulder) 1.6270 area. TP at next Resistance of 1.6570 Good luck trading! Charles V CVFX Management www.cvfxmanagement.com @cvfxwealth
AUDJPY retested Resistance zone and looking for a corrective drop. Indicators: Pair is currently overbought and at a strong Resistance level. Weekly RSI in a strong sell zone Up trend line has broken, retested, and bounced off the back indicating downwards movement. Entry: 1. Current price area 2. Wait for retracement on shorter time frame at 75.80 area TP at...
GBP in Minor Support now.... just go becarefull I Like GBP.....The Manners of society is full of manners
in a Daily downtrend it is hit by the top of the channel in H4 and ready to sell! R:R --->2:1 have fun! sincerely yours #ezpips