BannaKhan

BannaKhan Updated 

We have seen a massive upside move on this pair and the momentum is yet to be over but we are seeing some sign of exhaustions and hence there is a possibility of retractement to the previous support level before making another push up. On the 4h chart we can see a nice bearish candle printed. I have gone short on this and marked tp and sl for you as well. Let me...

BannaKhan Updated 

Good trade this. Price action pushed up to a major level with a bearish engulfing candle printed on the 4h chart. RSI also overbought position. We might see a double top but yes, it looks a good shorting opportunity. Please have patience on this trade and there are plenty of pips. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

Nice setup this. After a decent push up we are expecting some retracement if not a complete reversal. CHF weakness should also help the cause. Price action is at a major level and we have seen bearish engulfing candle printed on the 4h chart. I have gone short on this and marked tp and sl for you as well. Trade safe and good luck.

BannaKhan Updated 

We have witnessed some downside movement on this pair and just printed a reversal candle at a major level and hence we anticipating a trend reversal. I'm expecting CHF to weaken over the comning weeks and that should also help the cause. I have gone long on this and marked the tp and sl for you as well. Let me know your thoughts. Trade safe and good luck.

BannaKhan

Hi traders, Although I personally do not trade Bitcoin but I keep a keen interest and follow the market closeley for my client. As you can see there are two descending trendline on BTC. Top one is of course the major one and next one also a strong one which is actually a descending trendline within another descending trendline. That makes the chart even more...

BannaKhan

Nice setup. Expecting to reach short term target.

BannaKhan Updated 

Short based on double top followed by an engulfing bearish candle.

BannaKhan Updated 

Short based on the trendline.

BannaKhan Updated 

Buy setup based on trendline reversal.

BannaKhan Updated 

NZDUSD sell based on trend line reversal.

BannaKhan Updated 

AUDJPY short idea

BannaKhan

Sell based on trendline. Divergence on 4h chart. Looks good.

BannaKhan

Buy setup for 200 pips. Nice bullish momentum building.

BannaKhan Updated 

Hi traders, USDJPY recently broke the trendlie comfortably and we can see it is retracing back to retest the support level. I'm expecting it to resume the bullish run once it retests the support line. I have placed a buy order accordingly and my first tp is located where the double top is. Let me know your thoughts. Trade safe and good luck.

BannaKhan

Ok guys, Here we have an exciting opportunity to make some free money!! Sounds interesting right? GBPUSD pair had broken down the major support level recently on the daily chart. We have just seen the correction and it stayed within that downside channel followed by a nice pin bar on the 4h chart, bearish engulfing candle on the 1h chart which suggest the...

BannaKhan Updated 

GBPUSD downside momentum hasn't finished yet. We could have seen more downside today but that was curtailed due to DXY weakness hence we should see some more downside movement begining of the next week. The level I'm looking at is 1.2107, from where I will be looking for entry reasons to go long (short term long). Price action is trading within the channel for...

BannaKhan Updated 

The GBP were under pressure since the begining of May and we have witnessed some singinficant downtrend. The price action is at a major level and created a new lower low but within that downside channel which this pair has been respecting for a while now. Price action has touched and bounced from the trend line. I'm expecting a few more touches on that line...

BannaKhan Updated 

Hi traders, As you can see this pair is trading within a channel for a while now which is a good thing. Recently we had nice push up and we are almost close to the upper band which also a strong resistance level. Hence I'm anticipating a trend reversal from that point and placed a sell order based on that and expected to reach short term target. I have marked the...