BannaKhan

BannaKhan

Hi traders, As you have seen a decent rally on all GBP pairs, particularly on GBPUSD which is due to UK Election and DXY weakness. We can see a nice reversing candle sitting on the 4h chart which suggest we might see some retracement towards the previous support level where I will take my profit and look for opportunities to go long again as this pair didn't...

BannaKhan Updated 

Hi guys, We have a nice setup on EURJPY. Price pushed up to a major level and created a nice bearish engulifing candle and a double top which suggest a trend reversal. I have gone short on this and marked tp and sl for you as well. Let me know your thoughts. Trade safe and good luck.

BannaKhan

Another decent setup. Price action is at a major level and we have nice bearish engulfing candle printed on the 4h chart which suggest either a decent pullback or trend reversal. I have gone short and marked the tp and sl for you as well. Let me know your thoughts. Trade safe and good luck.

BannaKhan

Hi traders, Here we have a nice setup on this particular pair. WE have seen a nice push down and price is at a major level of structure where historically price reacts as support and resistance. Price action has created a nice bullish engulfing candle which suggest a trend reversal for now. I have gone long on this and marked my tp and sl for you as well. Let me...

BannaKhan

Hi guys, As you can see that AUDCAD has broken below the support level and pulled back nicely to that support level. I'll be looking for a bearish engulfing candle to enter short and expecting the downtrend will resume and my first tp will be at next major level which I have marked alongside sl. However, should we not see a bearish engulfing candle then this...

BannaKhan

Hi guys, After a successful short trade based on Trend line a couple of days ago price action is coming to the zone once again. Similar setup to the previous one and planning to go short from the trend line and my tp is around that support zone. The trade will only be valid if we see bearish engulfing candle at the trendline. Otherwise no trade shall take place...

BannaKhan

Hi fellas, We have witnessed some upside movement last week but that upside movement was capped by strong resistance and we have seen multiple attempt but failed to break which was followed by bearish engulfing candle which suggest USDCAD is opening the door for more bearish run in coming days. We have an active ascending and decending tringle forming for a while...

BannaKhan

Hi traders, I hope you hade a great week. Here I have a very interesting setup for GBPCAD. Price action had made a new higher high and the daily candle (D1) closed with a bearish note. Price is at a major level where historically it reacts and as we have also seen the bearish D1 candle which adds up to the speculation. I have gone short on this makred my initial...

BannaKhan Updated 

Hi guys, USDJPY has recently broken the ascending trend line which was respecing for a while now. I'm expecting to this pair to push further down in coming days. For now I'm looking to retest the resistance level again before falling towards my target profit 1. At the resistance level I'll be looking for a bearish entry reason to go short. This is pending sell...

BannaKhan Updated 

Nice and simple trade based on trendline which has been respecting for a while now. Price has reversed nicely and I've gone short on this and expecting it to come down a fair bit. Tp and sl marked. Let me know your thoughts. Trade safe and good luck.

BannaKhan

Hi guys, We have seen a tremendous downtrend in last couple of days and price has reached to major level of structure from where we see price reacts and we have a nice reversing candle on the 4h chart sitting at bottom suggests a trend reversal for now. I have gone long and marked tp and sl for you as well. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

Hello traders, Here we have a nice decending trendline and price action has been respecting the trendline for some time now and I'm expecting the same now as well. Price is also at a major level from where we ususally see a reverse. We can also see a bearish candle on the 4h chart which suggest a possible trend reversal. I have gone short on this and marked tp...

BannaKhan Updated 

Hi traders, Here we have very nice setup for EURNZD. After a recent drop this pair has pulled back nicely with a bearish engulfing candle which suggests another bear run on the card. I have gone short and marked tp and sl for you as well. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

Hi guys, Similar setup to EURNZD guys. After a decent rally this pair pulled back and reversed with a bullish candle. 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. Cheers

BannaKhan Updated 

Hi folks, I've been watching this pair for some time now. Price has pushed up and made a nice double top with a bearish engulfing candle on the 4h chart alongside a bearish candle on the D1 chart as well. Which suggests a trend reversal. I have gone short on this pair and marked tp and sl for you as well. Let me know your view as well. Trade safe and good...

BannaKhan Updated 

Hi guys, Although this is a short term long but here we have a nice setup on GBPNZD. Price pushed up and pulled back and completed with a bullish engulfing candle which suggests uptrend for time being. I have gone long and marked tp and sl for you as well. Trade safe and good luck. Let me know your thoughts. Cheers.

BannaKhan Updated 

Hi traders, We have seen a recent rally on this pair and reversed from a major level which is also respecting a decending trendline for some time now. I'm expecting the same here and price should push down as a form of retracement to 0.382 or 0.5 fib level. The lower is goes the higher push up we shall see in coming days. But for now I'm taking short on this pair...

BannaKhan

Here we have a very decent set up on GBPCAD. Price broke below 50 EMA and pulled back nicely with a bearish candle which suggest continous downtrend for now. I have gone short and marked tp and sl for you as well. Let me know your thoughts. Trade safe and good luck.