CosmicFX

CosmicFX

Hello Everyone ! Below we have USD/CAD pair on a SHORT Possibility, Price has been breaking and retesting the wedge by failing to create a Higher High. We are seeing some Bearish Pressure on this Pair, We seek to get into this Trade once the Market is Open. We Will be Monitoring Price Action on the Market Open for more Updates. Extra Note : Price is at the 78.6%...

CosmicFX

Hello Everyone ! Below we have AUD/CAD pair on a SHORT Possibility, Price has been pushing for a long time in this wedge after a long BULLISH rally but finally we started to see some weakness. We have couple of Options on this Trade, either you can wait for a breakout- retest to go into a trade, or trade the double top Pattern Created, Manage it at your own risk....

CosmicFX

Hello Everyone ! Below we have USOIL pair on a SHORT Possibility, Price has been showing weakness at a very important Resistance Level. As for our Opinion it wouldn't be surprising if we see Oil retesting the previous Lows of around 10$ ,0$ or even the Negative side. Trading this Pair for the Moment seems to be pretty risky as for its high Volatility. It is too...

CosmicFX

Hello Everyone ! Below we have EUR/JPY pair on a LONG Possibility, Price has been breaking the 4H Trendline with a Strong BULLISH Engulfing Candle. Since have created a Higher High we will be Patient to wait for the Price to Re-test the support & Most Likely Create a Higher Low where we would find the Opportunity to take a Trade with a pretty Nice R:R.We will be...

CosmicFX

Hello Everyone ! Below we have USD/JPY pair on a SHORT Possibility, Price has been breaking through the support creating a Lower Low, Price has been successfully retesting the new Resistance Zone where we can see clear rejections in attempt to break in the up-side. After the re-test price has created a Lower High giving us some more confidence for a new Lower...

CosmicFX

Hello Everyone ! Below we have EUR/GBP pair on a LONG Possibility, Price has been breaking through 1H Trend, Price now is retesting the support zone, lets wait & find out if it will find its floor around this Level, Giving a nice R:R Potential Trade on this pair. We should Be seeing some Engulfing Bullish Candle Confirmation for the Up-Side Continuation to...

CosmicFX

Hello Everyone ! Below we have GBP/CHF pair on a SHORT Possibility, Price has been breaking through support, retesting it seems with successful rejection We should Be seeing Price weakness for now with a downside Continuation to Validate Our Setup. Extra Note : Price has been rejecting 61.8% Fib. Level in 1D Timeframe. Feel Free to share your Opinions on the...

CosmicFX

Hello Everyone ! Below we have EUR/USD pair on a LONG Possibility, Price has been breaking through 1H Trend & testing the support multiple times. We should Be seeing Price consolidation until we get some Candle Confirmation to Validate Our Setup. Extra Note : Price has been rejecting 50% Fib. Level 2 times waiting for the 3rd Touch. Feel Free to share your...