BannaKhan

BannaKhan Updated 

Hi guys, As you can see this particular pair has had a tremendous bearish run and now at a key level where historically this pair has reacted and acted as support and resistance. RSI is also seriously oversold and we are about see a bullish engulfing candle on the 4h chart. I have gone long on this pair and marked tp and sl for you as well. Let me know your...

BannaKhan Updated 

Hi traders, Here we have a nice and very simple setup on EURGBP pair. This pair has recently created an excellent double top formation while RSI being overbought position and we have a nice bearish engulfing candle straight after the double top which suggests a reversal. I have gone short on this one and I've marked the tp and sl for you as well. Let me know...

BannaKhan Updated 

Another nice setup yet very simple trade. After a recent high this pair has pushed down to the support level and bounced nicely with a bullish engulfing candle which suggest it is on course to make a double top. I have gone long on this one and marked the tp and sl for your as well. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

Hi guys, After a tremendous push down on this pair this pair has reached to historical level where it has acted as a support and resistance on a number of occasion in the past. While RSI is also oversold and we have a bullish engulfing candle and a double bottom which suggests a possible reversal. I have gone long on this and marked tp and sl for you as...

BannaKhan Updated 

Morning traders, After a decent push down this pair has pulled back with a bearish engulf candle which suggests trend continuation. I've therefore gone short on this and marked tp and sl for you as well. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

Hi traders, After a tremendous rally in recent days we can see this pair is exhausted now. While RSI being overbought we have a perfect shooting star candle sitting on the top which suggests a trend reversal. I have entered a short trade here and marked the tp and sl for you as well. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

Hi traders, I have a few active trade on this from the top. Those who missed out on the entries from the top can enter again as we have a nice pullback. I've marked the tp and sl for you as well. Trade safe and good luck.

BannaKhan Updated 

Hi guys, Here we have a nice setup on GBPAUD pair. As you can see this pair recently moved beyond 50EMA and created a new high followed by a nice pullback which came close to EMA and bounced with a bullish engulfing candle which suggests it is on course to move higher to make at least a double top if not more. I have therefore gone long on this one and marked tp...

BannaKhan Updated 

Fellow traders, Nice and easy setup this. We have seen a recent downtrend on this pair and a nice pullback to resistance level with a bearish engulfing candle which suggest trend continuation. I have therefore gone short on this one and anticipating it to make at least a double bottom. I've marked the tp and sl for you as well. Trade safe and good luck.

BannaKhan Updated 

Hi fellas, We had a recent trade on this pair from the top and half of that trade is still open and it has now given another chance to enter in the market. Price has recently broken below 50EMA and pulled back and touched the EMA and bounced which suggests continuous downtrend on this pair. I've marked the tp and sl for you as well. Long term tp on this pair is...

BannaKhan Updated 

Nice and easy trade this. After a recent drop this pair pulled back and engulf with a bearish candle which suggest the downtrend continues. I have gone short on this and marked tp1 and sl for you as well. If it breaks the next support level which it should I believe, there are plenty of downside pips on the grab. Look out for the break after hitting tp1. Let me...

BannaKhan Updated 

Hi guys, Here we have a nice opportunity on this pair. I have an active sell from 1.59500 and expecting a tp around 1.57000. Price snapped perfectly for the downtrend and now reached to a major level where price usually reacts. We can see a bullish engulfing candle which suggest we can have a buy from here with a tp to next resistance and from there we can...

BannaKhan Updated 

Hi traders, Here we have an interesting trade. A brief of what is a market gap, A market gap is when a currency pair opens at the next trading session with a positive or negative value from the closing value. Usually market opens where it closes previously and carries on. Whenever a gap happens the market rectifies the gap by overlapping (IE for positive gap the...

BannaKhan Updated 

Hi guys, As you can see this pair has enjoyed a wonderful rally in recent weeks. While the RSI is seriously overbought and has reached to a major level of structure and a reversing signal sitting on the top. I have gone short and expecting it to retrace at least to 0.362 level before deciding further movement. I have marked the tp and sl for your as well. Let me...

BannaKhan Updated 

Hi traders, I've been following every ups and downs on this pair since December 2018. I've taken a number of short term trade as well. As you can see this pair have been following the trend line both (upper and lower) since last year and never broken. It is about to finish and hence we are seeing the tight consolidation over the last few weeks. Good news is,...

BannaKhan Updated 

Fellow traders, As you can see USDJPY has reached to 112.000 handle which has acted as a key level of support and resistance on a number of occasion in the past. While RSI is also seriously overbought situation and JPY is expected to be strengthen over the coming week. Added bonus we have a perfect reversing signal sitting on top of the chart. I have gone short...

BannaKhan Updated 

After a massive downtrend we can see this pair has signaled with a reversing bullish engulfing candle while RSI also overbought. I've marked the tp and sl for you as well. Even though I personally think there are many more pips on this trade after the tp. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

This pair has created a nice double bottom followed by an engulfing bullish candle which suggest a reversal. Also has reached to a level where this pair reacts historically. RSI also oversold situation. 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.