The pair appear to be heading up. Weekly candle is a bullish candle that engulf the rest of the 6 weeks candles. Looks like it is siting on a support line. 4 hour candle is indicating this might be a good time to enter.
A good risk to reward with good proper trade management this could be a winning trade.
As Always Trade With Caution !!
Overall trend is looking on the downside. A good trade to short. A trade above the Friday close is invalid .Pair is ranging on the 4 hour time.
Trade with Caution !
This pair is Stuck in a range since June 2016, Will this pair break out of the range or follow the path of least resistance. The is a wait and see situation. However i think this is a good risk and reward trade for a short trade
A Short position have be identified , However further confirmation is needed such as going to A lower time frame to get a better entry. Great risk and reward.
This is good stock to see what will happen around $70.47 region. This is a weekly chart looks like a weekly the trend is in motion . Wait and see what will happen on the daily support Zone.
Looking with another Eye on this Currency Pair.We will be watching this line for a bearish candlestick on a 4hr time frame. If we get a signal , this will confirm the trade.
Patience is the key. Happy Trading week.
Last week trend changed to a long term bias. 4 hour chart clearly shows a rejection to the down side. let us see how this trade place out this week.
Good luck trading.
This is a trade with high probabity of a win with proper trade management.
Bias: Long
Reasons: Old Resistance become new support. Bullish engulfing candle 8 weeks of candle.
region to enter trade. 174.302 region. For better entry us a lower time frame on the region.
Low risk and High reward trade.
This pair has been coming down for a while. RSI is on oversold, pair is Retesting of major Support FIB -0.610 region., Bullish Flag observed. Great Risk to Reward. A weekly close below Primary trend, will invalidate the upward trend.
This is a good pair for a short position. Resistance Line . Several test on this line. RSI seem to support this move.Good Risk to Reward. Bias is Short
This pair seem to be ready to go up. on a Support Zone. A retest of this Zone. It is a good oppourtunity for a long position. This is a high probality trade seem to be going on with trend conitinuation to the upside. Good Risk to Reward ratio. Let us keep our eye open.
Pair heading towards Resistance., Partern is about to complete. RSI seem to support the move. This trade looks like a high proablity trade to the down side. carefully manage trade. Good Risk to Reward
Here is a Weekly Chart. This pair seem to be ready to go up.At a completion and a retest of the line seem to confirm this trade. Risk to Reward Looks good. Using a tight stop for the trade. Let Us know what you think.
In 2008 if you can remember what happened. The Market Correction occured. From weekly Chart Looks like there is a market correction in the making. Maybe it is a good time to start looking for oppourtunty to sell.
1) Bias : Bearish
2) Raising Wedge
Lets keep our eye open !!
AUD/CHF is approaching The Resistance Line. A Daily Close below this line could mean an oppourtunity to the downside. Carefully entrying a short when those conditions are met. Good Risk to Reward. Resistance line to watch 0.86284.
Notice the line did not show when i published
