BonnelykkeTrading

BonnelykkeTrading

The technical analysis, that is analyzed according to my trading strategy, shows there are multiple short signals on GBPCHF daily chart. Also considering the fundamental aspect, there are currently some uncertainties around the Brexit and the future relationship between Britain and the European Union, which can strengthen the theory of a stop to the gains. A bat...

BonnelykkeTrading

Five days ago (10/20/17), I took a long position based on the daily chart: As you can see, I went long due to the strong bullish engulfing pattern and in combination with strong technical analysis (strong short term uptrend and strong resistance line ahead, which I "expected" to be broken because of the strong bullish engulfing pattern). I bought at 1.68696...

BonnelykkeTrading

So, a strong piercing line candlestick pattern has emerged on the daily chart, a few days earlier, and I wanted to go long, but the technical analysis was still a bit too much on the sellers side, so I entered the 1H chart, and waited for the resistance line breakthrough, before going long. So I went long here at 3936.27 Stoploss: 3200.00 (2 % risk of...

BonnelykkeTrading

NZDUSD has created a good short trade setup on the daily chart, according to my trading strategy. A strong bearish engulfing pattern, at the bollinger middle band, also breaking through a strong resistance line and two resistance levels. The bearish candlesticks are also stronger than the previous bullish candlesticks. However since this is a trade formed...

BonnelykkeTrading

As we can observe on the daily chart, a super strong bullish engulfing pattern has formed. 1# candlestick is a dragonfly doji candlestick, with a very long lower shadow. 2# is a strong bullish candle, which confirms the strong dragonfly doji. This indicates, that a huge press from the buyers has emerged, in a short time. This, combined witch the bullish trend...