BannaKhan

BannaKhan Updated 

Hello traders, As you can see, on the daily chart we have a very nice setup. Recently this pair has hit the bottom. Similar bottom we had in June 2017. From that bottom it has also created a double bottom recently which suggests a reversal. Also the current daily green candle engulfs the previous red candle which is an indication of bullish momentum. Everything...

BannaKhan Updated 

Hi fellas, I have been waiting for this setup for a while now. Now that XABCD step has been completed and the price action supported it exactly how it should be. Hence we have an opportunity to go long on this. I have marked tp and sl as well. Let me know your thoughts. Good luck and trade safe.

BannaKhan Updated 

Hi traders, As you can see EURCAD recently has reached to a key level where this pair has acted as a support and resistance in the past. Once again we have seen a rejection at this level. Just waiting for the current 4h candle to engulf the previous green candle and will be shorting from here. Initial tp will be 1 ATR which is around 45 pips and manage from there...

BannaKhan Updated 

Price approaching towards key resistance and support level. Price has reacted and reversed on most occasions at this level. I'm anticipating the price will reverse and retest the bottom to create a double bottom. I will be looking to book my first tp around the first support level marked here and a 2nd tp at the very bottom from where I will be looking to go...

BannaKhan Updated 

As you can see price just reached the key resistance level on 4h chart where the price has reacted on a number of occasions as a support and resistance. I will be shorting from here with a potential tp1 around the next support level. Trade safe and good luck.

BannaKhan Updated 

GBPUSD has recently created a new high and a low on a daily chart. Then retraced from A to B but didn't touch the 0.618 fib which is exactly required. So far it is following the pattern and I will be shorting from here with a potential tp around 1.2504 mark which is 0.886 fib level. Lets see!!

BannaKhan Updated 

As we can see that EURGBP has pushed right down and just reached a major level of structure on the Daily chart where this pair has reacted historically and acted as a strong support and resistance on several occasions. It has also created a double bottom on 4h chart which is a bonus. I'm expecting a strong bullish reversal anytime soon on this pair. Initial tp...

BannaKhan Updated 

Hi folks, AUDUSD is creating a nice flagged pattern on the 4h chart and about to come to an end of this pattern. Usually when this is the case we see trend reversal. It is also in a level where price has reacted on a number of occasions in the past. I will be looking to go long from here. Trade safe and good luck.

BannaKhan Updated 

Hi guys, As you can see the price is approaching towards 0.5 fib which is also a major level of structure. I'm expecting a trend reversal from this point towards 1.3250 level, a possible XABCD is on the way. Let me know your thoughts. Trade safe and good luck.

BannaKhan Updated 

Sweet and simple guys. USDCHF is approaching towards a major level of structure where the price has reacted historically both as a support and resistance. RSI is also in overbought zone hence I will be shorting from here on with a possible tp in the next support level. Trade safe and good luck.

BannaKhan Updated 

Ok fellas, Short and simple. After a tremendous rally we have spotted another shooting star which signals for potential reversal. I'm shorting from here with a potential first tp 50 pips and managed afterwards depending on the trend. Trade safe and enjoy.

BannaKhan Updated 

Hey traders, As you can see GBPAUD has enjoyed a wonderful rally in recent days and broken multiple level of resistance. It has now reached to major resistance level. RSI is also seriously overbought position so there might be a strong possibility that we will soon see some fib retracement. I will be looking for a reversal indication on a smaller time frame to...

BannaKhan Updated 

Hi folks, As you can see this pair has recently created a new high and lows and on a downtrend. Pulled back nicely touching the 50EMA and came back down which indicates the trend continuation. I will be shorting from here with a potential tp around 1.3085. Trade safe and good luck.

BannaKhan Updated 

Hi traders, As you can see GBPUSD had enjoyed a decent rally over the last couple of days. The RSI is in the overbought territory on the 4h chart and the last 4h candle just created a perfect shooting star. All those signals a for a potential reversal. I will be looking to short from this position with a potential tp in the region of 1.31000 handle and manage...