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EURCHF analysis Could buyers come in???So, when i'm watching this pair, my first opinion is that price is coming down this majo channel since May'18 and these last days and weeks were just consolidation! I believe it will continue to fall in the long term! But watching closely, this 1.0800 level looks damn good for a short-term BUY ! I'm in with a small position as i know its a risky trady... My SL is set on the last lower, 1.0778! Lets see what happens ! Don't forget i would love to hear opinions about it! Leave a comment below! Or if you wish to talk daily with me and other traders about trading, just join our Telegram! t.me/tradingbayfx
Long
by rodriguesths
1
AUDNZD bullish 150pips We have a nice setup going long here if we see a good candle closure above the trend line formed by the two previous spikes! i would like to see the daily candle closing above 1.0320! On the other hand, if price breaks below the trend line, we could see a nice rally all the way to 1.0200 ! That would be very interesting aswell! Now we wait! What you thik?? Let me know in the comments!! Also, if you want to trade info, experiences, chat about all our analysis, chat with other people, share your own ideas, etc.. you are welcome to join us on Telegram!! t.me/tradingbayfx
by rodriguesths
13
USDJPY update TOUCHING down trend channelSo price managed to get even higher than we thought and now made a new touch on the down trend channel dated back to oct'18 ! This is my third entry on this pair this week, the first oe i managed to make some profit out of pure luck, as i was online before the spike up! The second, yesterday night and now we're back at it! I feeling confident aout this one, on +20pips profit it will be secured in breakeven as i always do! Any opinions on this one ?? Leave a coment
Short
by rodriguesths
AUDUSD analisys Price got hit hard and fell faster then when it went up last week! In my opinion that could mean that the bearish trend thats been going since Dec '18 could continue! Right now i'm looking for candle confirmation to enter long, if that doesn't happen and price keeps going down, i'll wait to see if price gets back inside the channel! A daily close below 0.6790 would be very nice to enter with sell positions! Before that happen, it's quite hard to figure out whats gonna happen! We have the descending trend line crossing with the new short term up-trend line and 0.6850 as an important resistance level if price can actually go below it! Right now its testing this same 0.6850 zone as support! Lets see what happens! Whats your opinion on this pair?? By now, i've done some profits but i did lost some pips aswell! Would love to hear opinions about it! Leave a comment!! :D
by rodriguesths
9