GBPCHF is currently in an attempt to break and close below key structure support for the pair. for many market participants, it will be a strong bearish signal to short the market! my plan is the following: 1. I will be waiting for the 4h candle close below the support 2. Then I will short the market on retest 3. Targets will be 1.255 / 1.240 4. Stop - 1.28
NZDJPY is approaching a strong resistance area. I will short the market in case of a bearish breakout of a rising wedge pattern. Target levels will be: 72.0 / 71.75
what a boring price action on EURGBP. the entire month the market is trading within a narrow trading range. It looks like finally selling pressure is accumulating. Most likely the pair will break below the underlined range and face with a strong zone of demand. I will try to catch a bullish impulse around 0.85 major structure support level. In my view, the...
On EURCHF the market is entering a strong zone of supply. There is a high chance to see a selling reaction from the identified zone. Pay attention to a rising parallel channel and sell its bearish breakout. Target levels: 1.098 1.095 Please, support the idea with like and leave a comment, thanks!)
USDCHF has reached a decent zone of supply on 4H. On 1H chart be focused on a rising channel and wait & sell its bearish breakout. It will be a perfect confirmation signal. Stop will be above the highest point of the flag. Target levels are: 0.989 / 0.986
potential short trade on EURCAD. wait and sell bearish breakout of a rising wedge. Stop - 1.468 T1 - 1.461 T2 - 1.456
hey traders, it looks like pound aussie turns bearish. on a daily, the market is currently attempting to break below the flag pattern and 1.815 key structure support level. in case of a confirmed breakout, there will be a high chance to see the stong bearish movement to retest the market low. Target levels for us will be: 1.80 1.78 1.76 Please, support idea...
hey traders, EURGBP is currently trading within the rising parallel channel. What is worth paying our attention to is recent rejection from 0.893. It looks like sellers accumulate their selling positions around this level. based on this observation and horizontal structure on the left I have identified a potential reversal zone between 0.893 and 0.896. once...
These 2 options are what i am looking for in GBPCHF, option 2 gives a better RR which aligns nicely with the 78.6 fib and 200 ema, however i think option 1 looks more likely with price being pushed sideways creating what seems to be a triple top. If price can potentially push into the 61.8 zone, i will be looking for a short with a 1% risk as the reward is looking...
Gold, situated just below its all time high (ATH), looks ready to fall reaching powerful support. Its price is overbought, and MACD is also suggesting a correction - therefore I enter a short.
if it break this line will go down for better buy posiiblity if not will fly to the sky :))
Pure resistance & support + fundamentals. Last close was 1.27 -1.27100 then a sharp rejection at RES 1. Res 2 is marked as possibility, due to GBPUSD uncertainty. Fundamentally wise, GBP is under pressure and has uncertainty around it due to EUR vote (result Monday). Alongside this, May is under pressure and candidates (Boris) would force through Brexit causing...
Swing trade opportunity short potentially to take place over the coming 0-4 weeks towards the take profit area indicated.
Expecting short pull back/Gap Fill/break-up candle low test on $ROKU. Over bought...
Euro has found strength in bulls in all majors, but this turn of events could be meeting a turning point soon enough, Short only valid after a bearish engulfing daily candle close. Do not just enter this trade without daily or weekly candle stick confirmation.
NZDJPY broke through to lower levels on the descending channel on daily and has made way back this week to retest that broken level, price is experiencing heavy supply flow on monthly . Shorts are valid now on h4 swing target 69.900 range on weekly
EURAUD broke the trend line and create the right shoulder. Now is possible to see the continuation until 1.53000 zone. Swing trade with nice and clear set up.