Forextarget
SHORT ENTRY ON GBPJPY!!!!This pair has been trending up and quite possibly could still be trending up, however, the market is currently at resistance evidenced by the trendline its touching right now. I expect the market to bounce off the trendline and move to the support area evidenced by the blue rectangle before continuing to the upside. What are your thoughts on this pair?
RETEST TRADE ON THE USDCHF!!Well, this pair has been trending to the upside, in fact it seems to have reversed direction into an uptrend but before that happens, a retest of the now broken 200SMA on the daily chart, has to happen before we can confirm an uptrend. Looking to take advantage of the existing opportunity as soon as the market breaks 0.92805 areas and closed below on the 1hr. The Fibonacci agrees with me, the technical side agrees since the market is in a resistance zone after an impulse. This could be a good Friday Trade.
USDCHF SHORT TERM ENTRY!!!!This pair has been among the trendy pairs for the past weeks. The market has currently broken the resistance line to the upside with a nice impulse. but after an impulse there is always a correction to at least the 0.382 of the Fibonacci retracement. Currently the market is in a resistance zone (purple rectangle) and as soon as the market breaks the low of the previous candle, the market with be retesting the 0.382 of the Fibonacci to fill the previous wicks before a further continuation to the upside.
AUD/CHF : BEARISH PULLBACK ON 61.8 CONFIRMED ! 🔔Welcome back Traders, Investors and Community!
Analysis of #GOLD
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Strategy: Pullback on 61.8 Fibo
A clear chart is Always the best business card for a trader.
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The information contained herein is not intended to be a source of advice or credit analysis
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Walter
USDCHF Long SignalUSDCHF Buy Stop at 0.92156
SL 0.91797
TP 0.92874
RR 2
// DISCLAIMER
This explanation is only my personal opinion only.
Trading financial markets involves risk, and is not suitable for all investors.
I am not responsible for any losses incurred due to your trading or anything else.
I do not recommend any specific trade or action, and any trades you decide to take are your own
USD/JPYHello traders, here is the analysis from our team :
We feel; These area's. Will give best results for scalp buys, Or Sells.
#1 Sell @ 106.080
#2 Buy@ 106.325
* Futures sometimes run in one direction during Day. *
So. If no Momentum, Or pullback in these area's for 7/27/2020.
Void trade. We like 130 pip Sl/Target. Take profit 5 to 130 pips, Move
STOP LOSS UP WHEN YOU CAN.
Let us know in the comment section below if you have any questions.😉
GBPNZD. What will happen to the price?Hi subscribers!
The price of the British pound is currently under the influence of the downtrend.
If the price goes beyond the boundaries of these lines and does not fall below the support level,
then you can buy currency. if this does not happen,
then this is not the best option.
Good luck to you.
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This idea does not provide the financial advice.