Nice head and shoulders on the daily. Clean break of the neckline and the previous day low. Dxy is bullish and looking strong. I will be taking the follow trade on NZD/USD MARKET SELL NOW ENTRY - 0.60781 SL - 0.61418 63 PIPS TP - 0.58534 224 PIPS
Trading below 200 moving averages Shortd 30qty it tried to move up but unfortunately it break the support of 200 moving average n now going down 6 7% profit target for down side stoploss above today's high
Price has created equal highs. The dxy is starting to rise. If more bears come in to break the uptrend structure we could see price fall further. Here is the play that I will be taking on this pair: Order Type - sell stop (pending order) Entry - 1.07671 Stop loss - 1.08800 112 PIPS Take profit - 1.03745 392 PIPS This is a swing trade that may take a few days...
Price has finally broken below the support area of a Major rising wedge. It has since given a perfect retest of the 61.8 fib level and the bears have now shown up on the lower TF. Here is the play I will be taking: Entry - 1.05828 Stop Loss - 1.06354 52 pips Take Profit - 1.04155 167 pips
Price has formed a Major Rising Wedge (bearish reversal pattern) on the 4hr tf. Price is also at a Major resistance zone with Bearish divergence on the RSI. I expect price to do some sort of a stop hunt taking out the previous high before falling. Here is the play I will be taking: (SELL STOP ORDER) Entry - 1.07546 Stop Loss - 1.08118 - 57.2 pips Take Profit...
Price has broken a major up trendline and currently falling below resistance. the dollar is also gaining strength which will push this pair down. Here is the Play I will be taking: Entry = 0.62712 Stop Loss = 0.63293 58 pips Take Profit = 0.60576 213 pips
Price is falling from a major resistance area. It has also created a DOUBE TOP. Here is the play I will be taking on this pair: Entry = 86.419 Stop Loss = 87.236 Take Profit = 84.269
The Euro has great market structure on the Monthly timeframe showing price is rejecting a major resistance area. On the lower timeframe price has created a double top with bearish momentum as the dxy is starting to rise again. Here is the play I will be taking on this pair: Entry = 1.03352 Stop Loss = 1.03978 Take Profit = 0.09500
SHORT SELLING IS AT ITS BEST. EURO seems to loose its value against NZD. RR Ratio 1% Trade. HAPPY SELLING!
This is what I'm looking at on my GBPNZD Chart. Let me know thought's and if anyone see's anything different!
Please comment and let me know thought's, hoping to get a nice entry from this order block! USDCAD SHORT
Price has created a major rising channel and has now broken below the support trendline of the channel. This pair now has the potential to make a major drop to the new support level.
The dollar is currently in a downtrend and has formed a double top on the lower time frames, The Usd/cad has also created a double top on the lower timeframe. I expect the dollar to continue falling throughout the rest of the day. here is the play I will be takin: Entry: 1.37488 SL: 1.37842 TP: 1.36589
Avenue supermart Ltd Short below 4225 Sl 4255 Tgt 4200 4190 Ask your financial advisor before taking any action based on my view Only for educational purposes Intraday trade
I will be taking this pair short as price has broken a major resistance area and has retested + respected that area as support. here is the play I will be taking on this pair: entry 0.77828 stop loss - 0.78246 41 pips take profit - 0.76879 94 pips
Price has broken support of a rising channel and the dxy is very weak. I will be shorting this pair as market structure is picture perfect and the previous swing low has been broken. here is the play i will be taking on this trade: Entry - 1.36561 SL: $ 1.37106 54 PIPS PT: $ 1.34731 183 PIPS
At glance we see a down trend based on moving averages. With the yellow being tested and rejected multiple times. Suggesting further downward move can be expected. Zones 1 has bin a str9ng hold for gold. Patience is key for long term trades as a break on upside or downside would suggest further moves. Short term possible selling is availible but will be watching...
Wait for the Price correction of EURNZD, SELL after the conformation at the Sell zone. Trade safely my Friends and let me know views in the Comments.