ForexDoc91

ForexDoc91

GPBJPY after showing Bearish Divergence may show downward spiral after favouring the bulls for such a long time. Entryprice, Stoploss & Take profits are shown in chart as per my analysis . What do you guys think about this idea?

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GBPJPY is showing bearish divergence on 1H Timeframe indicating it may favour sellers.

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AUDNZD having formed Bullish Divergence seems to cease its bearish trend & expected to go upwards.

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After forming Bearish Divergence & potential Double Bottom(Reversal Pattern), GBPAUD is printing LHs & LLs. Instant Sell entry,Stoploss,Tp1 & TP2 levels are shown on the charts in accordance with already established Risk to Reward Ratio.

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After having traded within range, It seems now that it will breakout & form newer HHs & HLs. Reason supporting this idea is the fact that it has not shown any divergence & prev major trend is bullish.

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A potential Head & Shoulder Pattern is forming indicating potential reversal to downtrend. In this chart, Entry is taken upon breakout of Neckline. All other levels are marked.

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CADJPY after making series of HHs & HLs shows Tripple Bottom & is on bearish path. Trade plan has been devised on chart.

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As EUROGBP is trading within range, We will make use of support & resistance.All Key Levels are marked in chart

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As EURONZD is moving between range , we will make use of Support & Resistance levels in this trade. Breakout can be expected in either direction so both Buy Stop & Sell Stop have been placed beyond R2 & S2 respectively.Stoploss levels have been esablished & Take profit levels also elaborated.

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In this particular trade plan, we will use support & resistance as the pair is moving within range. We will place Buy Stop above R2 & Sell Stop below S2. In either case or whichever direction price breaksout out , TP1& TP2 are set as 1:1 & 1:2. Stoplosses are also shown on chart.

ForexDoc91

AUDJPY is printing HHs & HLs. In this particular chart, We are instant buying at potential HL after closure of Bullish candle in order to make entry precise. StopLoss , Take Profit 1 & 2 are marked on chart.

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CADCHF is making LHs & LLs. This particular trade plan is devised on the continuity of bearish trend along Fib Retracement tool for smarter entry.

ForexDoc91

EUROUSD is printing HH & HLs & is well on its way to an uptrend. While using Fib Retracement tool , a trade plan is devised on the published chart