Fxanalysis
EUE/NZD Shorting 2 optionsWhat do u think about shorting Eur/Nzd. It looks like it will fall back to support levels. What do u think?
CADCHF SHORT CADCHF SHORT POSITION 24 pips TP RRR= 2,74 SL 8,7 pips Let me know what do you think . SIMPLE TRADING= PROFITABLE TRADING
EURUSD Bear signal down to 1.09, 20+Month bear channelEURUSD has been in a strong bear channel, nearly 2 years straight. A lot of its due to the ECB monetary policy that has an extremely dovish tone, which puts downside pressure on the Euro. On a technical basis on the weekly chart we got a really strong reversal at the top of the channel at 1.117 and a recent broken low that was tested and held really well by the bears at 1.109 with a long wicked candle that closed the week bearish and identified a higher probability short down to a new low.
The target to the downside is the GAP start from April 2017 at 1.073.
Disclaimer: This is not trading or investment advice, this is analysis used for educational purposes only.
GBPUSD Long (Algorithmic)Our Trend Smart Algorithm predicted a short term analysis for GBPUSD to go Long.
So We are start to getting structure...#GOLD #Update The day close with a doji candle and in the 4H charts we have a consolidation since $1328.00 to the $320.00 zone and also its making support in the moving average (blue). We need to wait for a break of the consolidation for any entry with around 100 PIPs.
USDCHF Harmonic Pattern AnalysisWe are predicting if the pair to breaks the yellow trend line it will form and complete the 4th leg of the pattern. FX:USDCHF
GBPUSD / 60m / Bearish GartleyFX Analysis (2017-7-24)
Trading Tips:
Short term counter trend trading opportunity.
We have a Bearish Gartley completion right near previous structure resistance. However, this is against our the trend on 240min chart, thus we only look for a 382 retracement (618 for TP#2).
AUDCAD/ 15m / Flag BOFX Analysis (2017-7-21)
AUDCAD just broke a minor structure support on 15min chart and retested the BO line followed by another Flag BO.
We entered at the Flag BO. TP#1 @0.9890
USDCAD / 60m / Triangle BOFX Analysis (2017-7-20)
USDCAD has just broke out the Triangle consolidation area (Blue arrows).
We look to short at a retest of the BO Line.
TP#1 @Fib Level 1.618, which is also a Key Level Structure support on Weekly Chart. Thus, we should look to cover all positions before this level.
Additional:
In the bigger picture, we should expect some sort of rebound near the Weekly Support. Look for reversal patterns.
AUDJPY / 60m / Inv. Triangle BOFX Analysis (2017-7-20)
AUDJPY is currently going an uptrend on 60min chart. We simply apply a trend trading technique where we look to long when retest or at BO.
A Inv. Triangle was formed and we entered at the BO of the trendline.
TP#1 @1.272 Fib Level
SL 1 ATR below the Inv. Triangle formation
GBPJPY / 60m / CypherFX Anaylsis (2017-7-17)
GBPJPY is consolidating near previous major Structure Top (145-148.12).
We are looking for short term opportunity to Long near previous minor Structure Support with a Bullish Cypher completion near 145.77 inside the consolidation zone.
XAUUSD / 240 / Head & Shoulder BOFX Analysis (2017-7-17)
XAUUSD just broke out a Head & Shoulder neckline inside the Structure Support Zone (Green Zone). We are looking for 1) a retest of the neckline or 2) a BO of current level for entry.
We also noticed major Structure Resistance (Red Zone) ahead. We shall close monitor XAUUSD when the price reaches this level.
EURUSD / 60 / Potential Cypher (or Bat) PatternFX Analysis (2017-7-13)
If we look at the 240m chart, we can see EURUSD has been holding above previous structure top and consolidating. We noted a Potential Cypher completion near 1.350, we will look for a higher close candle stick before entering this trade.
Danger ahead, once again, for Pound?After its recovery state before, during, and after the Brexit implementation, Pound was able to outperform several of its forex pair including the dollar -- being able to rise, and stay, above the 200sma, a long-term trend indicator.
After the huge sell-off on the Pound, GBPUSD visited a near-term support in a day. Considering it is difficult to look for signals on a daily basis, I will be looking at the 4-hour chart for possible entries; whether it would form a nicely formed bullish pin bar (long-tailed) at the near-term support. However, if prices do fall below the near-term support, prices will revisit the key support seen around 1.257.
It's all part of the plan EURJPYAs with most things in life, letting a trade set up steep and mature prior to entry is basically how you make the most profit.
Come and be successful. Should the support bar break I am in, joining a clear strong signal = Short/Medium/Long term trends all down.
GL and may all your trades be monsters ;)
