USDCAD BREAKDOWN ON HTF MONTHLY ALSO WEEKLY Hello traders, this is FX:USDCAD Breakdown, we see the overall trend is is Bullish there's no confirmation to tell the opposite, so this is a strong Bullish trend we ranging on a high scale but we gonna continue the Upside Movement i be doing a Daily and a 4H Breakdown for FX:USDCAD sonner!
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XAUUSD: a potential REVERSAL on Uptrend.Hello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the XAUUSD pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities
EUR/AUD Signal - EUR Trade Balance - 13 Aug 2021EURAUD is trending to the upside prior to the EUR Trade Balance data, which measures the total imports and exports for the Eurozone. Technically the pair is continuing to the upside after a slight correction in a bull market. Technically the pair has broken the corrective downtrend line and we anticipate continued upside into the 1.6049 level.
Nice long set-up coming up on EURUSD Hello traders,
I hope you are all doing great!
The last week finished in deep green territory for us (The Greek Trader community) above 380 pips profit and we are doing the same on this one with the short trade trade on EURUSD bagging more than 170 pips!
The trade set up we are looking now on the EURUSD is a log set-up and let us tell you what our analysis is showing us:
Technical Observations
1.We have price reaching a daily-weekly and a monthly zone at 1.1600-1.1670 level.
2.It's a psychological round number!
3.We have bullish MACD divergence on 4hours already created.
4.We have a Bullish Gartley pattern.
5.We have an ascending channel that broke to the downside.
6.We have probably also a bull flag forming.
Possible long Trade
ENTRY at 1.1600-1.1670 area.
STOP LOSS at 1.1570
TP1 at 1.1960
TP2 at 1.2030
RISK/REWARD 3.11
RISK/REWARD 3.80.
Thank you all for your support!
Keep following for more profitable trades !
Don't hesitate to ask me anything you want!
The Greek Trader