AUDUSD | AUSSIE STRONG? WILL IT BEAT USDPLEASE SUPPORT THE IDEA BY SMASHING LIKE AND GIVING A COMMENT <3
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We want to ideally follow the trend, there are a few obstacles to overcome, but if we watch this pair closely there is a trade opportunity towards the buy side.
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Trades
AUDUSD Sell 200 Pip OpportunityAUDUSUD at a strong resistance area and main trend is still downwards.
Entry @ current price and pending at last high of 0.6986
TP 1 at past support area (possibly channel trading)
TP 2 at next past support area
Indicators:
1. Currently at strong Resistance area.
2. Stochastic RSI on weekly and daily both in overbought zone.
3. USDollar Index in oversold zone.
Good luck trading!
Charles V
CVFX Manangement
Trading made simple
NZDUSD Sell 300 pip opportunityNZDUSD in overbought conditions on weekly and daily. Expecting a reversal shortly with a daily bear candlestick formation as confirmation to enter sell.
Conditions to enter:
1. Bear Candle below downwards channel
2. For current entries use current stop loss and reenter when we have a bear candle back in channel.
Indicators:
1. NZDUSD main directing is still bearish in a downward channel.
2. Current double top retesting past resistance.
3. Stochastic RSI overbought, will correct itself to follow technicals.
TP 1 @ prior support area
TP 2 @ next support area
Technicals will indicate where we go.
Good luck trading!
Charles V
CVFX Management
Trading kept simple.
EUR AUD 900 Pip Buy OpportunityTechnicals Technicals Technicals no matter what fundamentals occur.
EURAUD is in an upward bullish channel and has held multiple times.
Signals:
1. Currently at bottom of weekly channel acting as support.
2. Stochastic RSI weekly and daily oversold and in the buy zone.
3. Upward Trend still dominant.
TP 1 at next Resistance
TP 2 at top of weekly channel
Good luck trading.
Charles V
CVFX Management
BITCOIN DAY TRADE OPPORTUNITY IS NOWHEREHow to Automate Drawing Fibonacci Level
✅In this video, we talked about the latest selling opportunity as a day trade on BTCUSDT.
I really enjoyed making this video, I hope you as well. 🙏
We will continue posting our education videos and day trades. You will get notified once we do publish the next educational video, if you already follow us on TradingView.
Take it easy team!
us30 M30 PredictionSaw bounces off res which can mean for a sell, or if an inverted HAS forms then a short buy.
GBPUSD: "Could we move Higher?"Good Morning traders.
Also on my Watchlist for the week is GBPUSD.
The actual bullish momentum come from the 61-71 Fib Zone which could be a nice Retracement-Point for a new Bullish leg if we can break the Counter-TL.
I am rather long on this pair as i would love to see a new bullish leg up from the 1.23500$ zone. Maybe we also see another test of the price first.
Will wait for the day what PA is showing us.
Good Trades
~Tradingpurpose~
EURGBP Trade of the week UPDATE!This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
GBPUSD H1 - Short Trade SetupGBPUSD H1 - Resistance held (we talked about this setup in the GBP*** Video analysis). Topped out at that 1.26050 number and then broke the support zone, hopefully we pullback to that 1.2600 number to retest the broken support, this would present a nice entry, with clear RR
USDCAD POTENTIAL *SELL*Hey guys, hope you guys have had a wonderful trading week. I just wanted to upload a quick trade idea as there is a potential opportunity for a sell. USDCAD has hit an area of resistance and is showing weak buying pressure as all the traders that went long are looking to close their position due to the area of resistance. Therefore i have executed a short position with a 1:2 RR.
HAPPY TRADING!
GBPJPY [SHORT] Trend TradingRelatively good sized trade I've picked up on this afternoon. Theres a couple resistance levels to take note of, the first one will be a retest before the price drops.
This would not be an active trade until that resistance line is retested.
Potential profit levels marked. Simple trend analysis trade.
EURUSD Short *maybeDXY -> Strength
EXY -> Weakness
We entered yesterday and are sitting at roughly +42pips profit.
Still potential for a breakout to the upside, this would require something big with either the US or Europe (very possible) with the ECB's "announcement" coming soon.
Rate cuts will continue this month. Likely going negative.
Can join us now or wait on further confirmation with the weird volatility mixed with consolidation we have going on.
GBPUSD Which Way?Our short was executed perfectly with 215+ pips locked in.
But now where is GPBUSD going?
If we take a look at BXY (GBP Strength Index) its rather unclear, we have a bias to say that GBP should fall with the brexit dealings.
Take DXY (USD Strength Index) however and we can see a clear path to weakness.
What we think could happen is a 2-5day drop down to the trendline. Followed by a significant surge up to the supply zone.