Iberiatrading
EurGbp Buy Long term Hi All,
We opening a buy position on the EURGBP pair. as you can see from the chart, trend is very much bullish and following on from the double bottom and break of previous resistance now turned support, we should expect a push to 0.8XXX region in the next couple of days.
This is a high risk trade due to data coming out tomorrow for GBP so ensure SL is what you can afford.
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Comment if you agree?
AudJpy Sell Short termHi All,
we are looking at entering a short tell sell trade on this pair. First anticipation is the break of the uptrend trendline and retest to carry on the bearish momentum.
From this analysis we have narrow down our entry and can see bearish engulfing candle on the Daily.
Entry, Sl and Tp marked on chart.
Please like, follow and comment if you have any questions or even support.
many Thanks
Cadchf buy short termHi all,
following on from last week long on this pair, we are looking at opening a buy position on this pair this week using the H1 timeframe. W1 Bullish engulfing candle with a possibility of a 3 inside bullish crown.
Price has offer a decent retracement to the 60% fib level.
entry, sl and TP marked.
Please like, follow and comment if you have any question.
Many Thanks
Usdcad Sell Short term Hi All,
We opening a sell on Usdcad, as you can see we are still very much inside a sort of bullish flag, however with the weakness of $ and the break of support, which is now turned resistance couple with the bearish engulfing candle we are anticipating a further drop to 1.32 X and then 1.30 XX.
Entry, Sl, TP marked.
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Many Thanks
Eurusd Sell Short term We are now looking at selling the euro against the dollar in a short term trade. Before we look to go Long before the summer.
Possible Double Top & inverse H&S
Possible scenario for the week. Sl, TP and entry marked.
if you liked this idea give me a like or follow. Comments are welcome :)
AUDCAD Short Term BuyHi All,
We looking at breaking out of the downward channel on AUDCAD, Price action seems to be heading towards a breakout. We are looking to trade the medium term breakout of the channel before we re-evaluate our bearish bias on AUD.
Entry and stop including targets are marked on the chart.
NZDCAD Buy Short Term Hi All,
we have a ice opportunity presenting itself on NZDCAD, looking at the weekly inside the downtrend channel we have an inverse H&S forming, now we looking at buying the right shoulder. This pair is a low mover so be mindful holding for couple of weeks.
SL, TP and entry marked.
Only look for buying opportunities.
Many Thanks
Gold Sell Good morning All,
We are looking to continue selling Gold inside the downtrend channel.
Price has failed to close above previous high at 1787.xx, which indicates further bearish pressure till the end of the year.
Entry and Sl marked.
As always Likes, share and comments welcome.
Many Thanks
SXY ''CHF'' SellGood morning All,
We are looking to continue selling Swiss index.
On the lower TF price has broken down and retest the broken trendline. Selling inside the channel and wave 3 down gives us a good risk to reward trade.
Entry and Sl Marked.
As always Likes, share and comments welcome.
Many Thanks
Chfjpy Sell Hi All,
This is a sell continuation trade on this pair, As many of you would know we have been selling this pair from 122.XX region and will continue to add to the sell positions until at least 110.xx region .
Addition entry marked with sl .
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Many thanks
ChfJpy Sell Hi All,
Just a quick update on this pair. Typical FX trade. As a trader we tend to speculate and as far as patterns, charting goes you want to be able to look for the details in your back testing manual that would make you come out on top of the fx world. This trade is one of our swing trades we have manage properly to get us to this point. Our P&L is still intact and I must say I'm still on the bearish camp on CHF. 119.30x is the 50% fib retracement following on from the 38% Fib that was easily by pass. Only a break of the 120.102 region would invalidate the bearish move to 110.XXX for the end of year.
If you are not already in the trade you can monitor the extension of that level or if you are more or less an aggressive trader, as we happen to be on our second entry at the 38% fib then the 50% fib with SL above 68% would be a perfect entry to swing the trade.
In the meantime likes , comments and shares are welcome.
Many Thanks
EURJPY Sell Good Afternoon All,
We are looking at opening our Short on this pair. Following on from last week Sell rally on the JPYs. Looking at JPY index we can see some sort of support at the 23% FIB level which we expect to drive the bullish run into the end of the year.
We have an a break of the trendline on Eurjpy and price has failed to break above the broken trendline instead closed below the price high. We should now look for a further leg lower with the anticipation of a strong JPY till the end of the year.
Entry and Sl Marked.
As Always like, share and comments are welcome.
Many Thanks