BannaKhan

BannaKhan Updated 

Similar setup to the previous trade. I have marked the tp and sl for you. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

Quite simple trades this. After a tremendous rally in recent week this pair has reached to a level which historically acted as a support and resistance in the past on a number of occasion. While RSI also being oversold and we have a nice bearing engulfing candle from the top which signals a reversal. I have gone short on this and marked the tp and sl as well....

BannaKhan Updated 

Dear traders, Here we have a nice setup on CADCHF. As you have seen a decent rally in the past week and this pair has reached to a major level of structure and bounced back nicely with a bearish engulfing candle. I have gone short on this and marked the tp and sl for you as well. Wait for it to go up a little bit before entering short. Let me know your...

BannaKhan Updated 

Morning traders, As you can see EURJPY pair has enjoyed a terrific rally overnight and in this morning. Price is seriously in the overbought territory and also reached to major level of structure where it has acted as a support and resistance on a multiple occasions. I will be shorting from here with a potential tp in the next support zone but long term tp is...

BannaKhan Updated 

Almost similar to GBPJPY, this pair has recently created a new low then a nice pullback and came back with an bearish engulfing candle which suggest that it is on course to make a double bottom. I've marked the tp and sl for you. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

Hello trades, This is a very easy setup. As you can see GBPNZD is trading within a range since April the 2nd. I've marked the upper band and lower band with green lines. You can take short trades closer to upper band and long trade closer to lower band with a few pips stop loss just above/below the range. Not a rocket science right?? Trade safe and enjoy.

BannaKhan Updated 

Hey traders, Here we have a simple trading idea. NZDUSD has been following a nice descending channel for a while now on the 4h chart. Price has respected the channel throughout and just touched the upside bar and I'm expecting it to come down and touch the lower descending bar. The channel is about to finish in a few days time. Once finished I'm hoping to go long...

BannaKhan Updated 

As you can see the after a downtrend the price touched and bounced from the 50EMA with a bullish engulfing candle. I've gone long on this one and marked the tp and sl for you as well. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

Morning pips, As you can see from the chart that USDCAD has recently created highs and lows and it seems like it is on the way to complete XABCD pattern. While technical indicators showing bearish signs and USD also weakening in coming weeks complemented by CAD strength. I will looking to go short on this when price reaches at least the marked entry area if not...

BannaKhan Updated 

Morning traders, I've been watching this trade for a while now. This pair is about to complete XABCD pattern. Once completed I will go short on this pair. I've marked entry point, tp and sl for you as well. This trade is only valid once it reaches the entry point. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

Hi fellas, Very simple trade guys, as you can see this pair has created a double top recently which was followed by a bearish engulfing candle suggests a reversal. RSI is also at overbought position. I have gone short on this on and marked the tp and sl for this trade. I will be looking for multiple targets on this pair as I believe it should come down to the...

BannaKhan Updated 

Morning guys, I have been waiting for this setup for a while now and it is about to complete. It has respected and ticked every single box which suggest that I can go long once the final stage is completed. I have marked the entry point sl and tp for this trade. Please note, If it doesn't reach to the entry level then this trade is not valid. I would love to...

BannaKhan Updated 

Nice and simple trade. After creating a new low this pair pushed up and touched the 50EMA and we have a bearish engulfing candle straight after that which suggest a bearish run to create a double bottom before deciding further course of action. I have gone short on this and marked tp and sl for you as well. Let me know if you agree or your rational if you...

BannaKhan Updated 

Quite easy trade this. As you can see GBPNZD came down touched the 50EMA and bounced with a bullish engulfing candle which suggest that this pair is on course to make another bullish run. I have gone long on this one and marked the tp and sl for you as well. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

Hi traders, Earlier today we had a buy on AUDJPY pair for around 45 pips which was needed to complete one of the segment of XABCD pattern. We also have a reversal candle on the top. The price has been respecting the XABCD pattern perfectly and doing the final move down now to complete the pattern. I have marked the tp and sl for the trade. I will be going long...

BannaKhan Updated 

Hi fellas, As we can see NZDUSD pair has pushed right down and touched a major level of support. The same level has acted as both support and resistance on a number of occasion plus the RSI is also in oversold territory. From past we have seen the pair is more likely than not to react when reaches major level like this. I will be going long from here with a...

BannaKhan Updated 

Morning traders, As you can see after a decent rally this pair pulled back and touched the 50EMA and reversed with a bullish engulfed candle which suggest another bullish run at least to make a double top if not more. I have gone long on this one and marked the tp where the double top is. Let me know if you agree or disagree and I would like to know your views...

BannaKhan Updated 

Hi traders, As you can see EURNZD pair recently enjoyed a good rally mainly due to weakness of NZD. Now that the price has reached to a Resistance level where this pair has reacted on a number of occasion. Similar level has worked as a support as well. I will be looking for a bearing engulfing candle to go short on this. First tp will around that marked support...