NZDCADNZDCAD is trading in long term bearish channel and currently make a strong support at the bottom of channel where 4th wave is ended. Will head towards the channel resistance to complete 5th wave?
Wavenalaysis
#GBPJPY Analysis By We Trade WavesHey Traders, this is GBPJPY Analysis for all of you, we are expecting market to go down for the last down wave of the structure so we will wait for our sell setups for this pair
DO NOT JUMP IN - Jumping in without using stop loss or risking big or following anyone blindly leads to big losses, never do that. Always wait for your setups and use proper risk management!
If you want us to post more charts, setups and explain more about the next move, make sure to follow us, like and comment.
What we are sharing here is only our point of view on what could be the next move in the market based on our wave analysis concept so this is a directional bias and not signals...
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1) Do not over-risk
2) Do not over-trade
3) Do not trade without stop loss
4) Never ever add to losing position
DISCLAIMER: We Trade Waves is not a signal service. Instead, it involves sharing our perspective and detailed analysis based on our unique wave analysis concept. We cannot be held responsible for any financial gain or loss that may result from following our analysis.
Trade with care
We Trade Waves Team
USDCHF | Prepare for it,Price approaching BUY zone!..USDCHF Update..
The price is approaching strong Support level ,If the price gives any Bullish Signal,look for Buy opportunity...
Push LIKE & SUPPORT the Idea...
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy..
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
XAGUSD: Price confirms bearish momentumI had initially identified a buy setup which seems to have been invalidated by the push from $17.69 to $17.05. Due to these recent events, we therefore have a WXY zigzag sequence in place and I'm looking for price to push further down into my blue box towards $15.57. The structure is clear and some correction below my trendline will confirm further downside. Trade cautiously.
USDCNH SELLPrice has formed a strong price action at the top of the pattern and now is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
Don’t take a trade if you don’t see clearly when big guys are in.
Forex signals premium channel. We made 1048 pips this week. Join us!
t.me
GBPUSD is Forming BEARISH CYPHER - Potential for Reversal!Hey Everyone,
In our previous analysis we bought GBPUSD with optimal targets hitting now we'll sell it for a correction,
Small targets, Formation of Harmonic Pattern - BEARISH CYPHER Identified on H4 chart as well as slightly overbought
price action and hence we'll be shorting GBPUSD with these preferences,
GBPUSD SELL NOW or 1.29227
STOP LOSS - 1.30017
TARGET - 1.27472
More updates will be posted under this thread,
have any doubts? then, let us know in the comment section below
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