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UNMISSABLE GBPCAD OPPOURTUNITY 04.04.20OANDA:GBPCAD
- The ascending wedge pattern in itself has a downward breakout bias
- Overall downtrend
- Exhaustion phase
- Expected continuation phase
- Price failed to hold above the downward trend line, making many attempts to the upside which lead to eventual and expected failure
- Overall, bears have now broke back below the trend line and are testing it
- Once price-action confirmation is provided, a downward continuation is probable
Keep an eye out, and remember to use good risk management!
- TheFXAngel
𝗟𝗶𝗸𝗲𝗱 𝘁𝗵𝗲 𝗶𝗱𝗲𝗮? 𝗙𝗼𝗹𝗹𝗼𝘄 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲!
DXY : Dollay Going WeekerSell Trade Setup in DXY , Next Week we can see continue further downside Movements.
ThankYou
Gold I prefere to waitGold is in a triangle
if it breaks it from above, we can have a long to the target shown
otherwise, we should have a short to the trend line!
let's see what happens
EURUSD Trading Strategy for the Fed Monetary Policy Jan 2020EURUSD setup is fairly simple. There may be early indications for USD weakness prior to the Fed monetary policy. Based on the daily chart the price is expected to target 1.1044. The lower support may be re-tested (around 1.0980) when the monetary policy is released but is expected to hold.
The analysis is intentionally kept short and simple.
AUDUSD - Support level!Hello my dear friends,
AUDUSD currently show lag of bearish momentum which suggests that we will see a reversal the forthcoming hours.
Buy market @ 0.68543
Stop-loss @ 0.6833
Target 1 : 0.68814 -- R/R ratio: 1.27
Good luck!
EURCHF Swing sellPrice broke a long term Head and shoulders pattern like 2 weeks ago and right now we can see how today it went right below previous low that lines up with multi day support (now resistence) so if daily maanage to stay below the 1.0815 area we might see a new drop to the 1.0750
USD/JPY Short at Pull backPrice may be in Pull Back and earlier support may act as resistance around 108.480
We are waiting for Price Action at 108.480 for the short side with SL 109
Target 106.750
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GBPJPY Monthly AnalisysPrice has reached the top of that monthly TL that lines up with the monthly PRZ and if we zoom in we can see how price has rejected that area leaving multipel daily wicks below that 141.50 area so right now in order to go short i must see a break and close below the 4h 61% level (ill post the 4h chart in the comments) very simple but could give us a 800 pip trade holdin it for 3 weeks or 1 month
Complete analisys and detailed signal in our telegram group: t.me
