Hello Guys ! Watching this chart I see that in progress formation. We talk about a DOUBLE TOP PATTERN. Keep an eye on this chart and we will see what it will happen. Enter in this trade only if the price will test the neckline, I will come back with updates when the formation it final adn the trade is ready to offer us nice reward ! Don't forget to follow...
Hello again ! My second idea is a long from 106.840. This pair has been rejected almost everytime when the price came to this area, also we seen that the pairs is moving sideways. I set my TP at 107.340 and my SL at 106.730 and that will give us almost 5 R/R. Have a great weekend and let see if we hit an other streak of succesul trades again ! Stay safe !
Hello friends ! Today I have for you two nice ideas ! First is this short for USD/CHF ! So this pair is on this nice area where the price came in the past but was rejected, also we have this two EMA of 200 and 400 that sustain my idea. I personally entered already in this trade from 5 minutes and I want to share with you my ideas ! So you can enter in this...
Hello, I've got for you two nice ideas with smashing R/R, over 8 R:R in both cases. So this pair has arrived in a key area, please check on daily, weekly and mothly TF for bigger picture and a nice overview. The pair has right now arrived in a supply zone on daily, in this case we have to wait and see what will happen on NY Open. if the price will break the...
Hello, Please take a short look at this chart ! This pair is on demand level and could offer us a nice R/R, depends on your appetite for risk ! You could set your 1st TP at 0.64212 and second at 0.64450, the SL at 0.63818 I have a question for you and I will be glad to optain some opinions here . I want to make a group, it will be a free group !!! What kind...
Hello, Today i see this opportunity in a double top formation on 30M and 1H TF. But not only this formation we have here, he have also a supply zone. I already entered in this trade at 120.879 and I set my TP at 120.650 and my SL at 121.010. This trade can give you a decent 1:2 R/R Stay tuned, more ideas wait to come today ! Have a green day and stay safe !
Hello again ! My third ideas is a long from 0.68350 - 0.68360 and could offer us a nice 4:1 R/R !!! On the chart you can see an up rising channel and also a nice demand zone ! This trade is also helped by 400 EMA acting like a dynamic support zone . You can enter in this trade at current price of 0.68390 and set yout SL at 0.68237 and TP at 0.68750. So...
Hello, One of my ideas is going long on GBPUSD. The demand zone can be observed on 1H ; 4H and Daily so this information make me to have more trust in this trade. You can see what happend when price came in this area, most of the time the zone reject the price. This trade is good only the price will break the 1.23130 area and after that we can set our TP at...
Hello, Today I'm posting this idea, I see a very nice setup for a short with nice R/R. So you can see the pair is in the supply zone, on weekly TF we have also a strong down trend and that could help us a lot also we are under mothly pivot point and the pair hit a daily resistence. I already in this trade from 1.12854 and i set my SL at 1.3010 and my TP at...
Hello, Just a few words about this trade, on bigger picture, Daily TF , you can see the end of correction also 400 and 200 EMA will act like a S/R. I put my TP at the lower price of the day 0.63800, personally short this idea from 0.64522 and aim 666 PIPS, my SL at 0.64699 and my TP at 0.63856. Have a good day
Hello, This is how I see this pair and this opportunity right now. A short from 0.6200 - 0.61900 You can take you profit if you have time @ 0.5921, May lowest price. Thank you ! Have a wonderful night
Hello, I see that oportunity on USD/CAD. On technical analysis we have a double ton already formed and just to test the neck line, as you see on the chart, using fibbs, we can see where is the testing zone. It could help us also the crude oil and the next period of demand of oil and as you know, If U.S. and not only demand rises, manufacturers will need to...
Hello everybody, I have an interesting idea for you today. EUR/JPY can't break the support from 116.400- 116.390 and after the price was rejected , jump at 118. In my opinion he have two scenarios here. Scenario A and the most likely to happen sounds like this : The price hit the 118.500 - 119.000 and reverse, that is the area where I want to enter in a...
Hello everybody ! Today is NFP day !!! This Friday’s non-farm payrolls report will be the first monthly labor market number to show the COVID-19 impact. Economists are looking for only a 100,000 decline in payrolls because NFPs are measured as of March 12. The first state-wide stay-at-home order was not issued by California until March 20 and quickly spread...
Hello everybody, Today I'm posting this interesting idea of shorting the EUR/JPY pair. I think Euro is way more weaker than Yen because of global problem, the COVID-19. In this moment in Japan we have Active cases: 1.697, in Europe is a big problem, the key countryes are in big problem and almost we have an economic collaps. In Europe the economy doesn't...
Hello, I'm posting this idea for you, a long trade. So in my opinion GBP is in more good shape and stronger that USD, also the weak financial information from USA make me to think that this trade is a good trade for us. As you know, in the first friday of the month we will have NFP news and in my opinion we will see an other shot in USA economy. If we watch...
Hello Guys ! I have an other interesting idea for you ! So this pair is approching the 2008 crisys level. As you can see on the chart, after hit a certin price, the pair rejected, we have a strong support on that level. I want to enter in this trade on the price of 0.5900, it could go to 0.5800 but i'm very sure that it will be rejected. After that I'm in...
Good morning !!! For today i'm posting this short idea. This idea is more visible on daily or on weekly. To enter in this trade you can when the next 4H candle is closing on sell. Also on fibbonaci you could check and see that is at the 0.0 price level. For out Take Profit, we could set 1.3900 For Stop Loss set please at 1.40200. Also can you check the...