ForexKrisBerben

ForexKrisBerben

As you can see price is currently at the 200 EMA and in a downtrend. As you can see in the past price respected the 200 EMA. These 3 factors combined give me a sell signal, for our stoploss we double the current value of the ATR, at 180 pip stoploss. For our take profit we are aiming for the recent swing low. stoploss and take profit can be trailed.

ForexKrisBerben

GBP/NZD has been consolidating for a bit (red box) and is trying to make new higher highs, A possible uptrend will occur since we are also on a daily resistance level and about to possibly break the trendline, when the candle closes above the trendline we will be looking to open a buy position. stoploss will be set at 1.92668 Happy trading!

ForexKrisBerben Updated 

Hey there traders, on the daily chart of EUR/NZD I have spotted an early uptrend and marked a pullback with the purple trendline. If we are able to break an close above this trendline the chances are high that the uptrend is able to continue and make new Higher Highs and Higher Lows, which are essential for an uptrend to occur. on the hourly chart I also marked...

ForexKrisBerben

Hey there traders, As you can see EUR/AUD just came out of consolidation (red box) and is starting to trend in to a possible uptrend. we will be looking for a long position after the breach of the drawn trendline, when the candle closes above the trendline we will open a long position with a stoploss belowto swing low of the pullback before the trend line (purple...

ForexKrisBerben Updated 

As you can see the price of USD/CAD is trending between the 2 zones S/R zones (blue) and we are looking to catch a few pips on the lower timeframes (1H & 4H) before the price breaks out of the resistance zones of the Daily chart.

ForexKrisBerben Updated 

We are looking for a buy position here on the GBP/AUD 1H time frame. the reason behind a long position is because of the trendline that acts as resistance and because of the zone of resistance. our first TP is located at 1.83396 (could be stretched) and for our stoploss we have it sitting at level 1.82980 which gives us an nice risk-to-reward reatio of about 2,5~...

ForexKrisBerben

What are your thoughts on the NZD/USD 1H chart? as you can see the price is currently consolidating within the white boxes. I am geussing that if the price breaks below the resistance (green box) it could continue all the way down to the purple trendline, bounce back and maybe find resistance at the level of the green box. after that we will look if the price...

ForexKrisBerben Updated 

Here on the daily chart of the EUR/NZD we can see that we bounced of a big resistance level and also formed a double top pattern. Because of the decreasing trendline we are looking for shorting options with a nice risk-to-reward ratio. with the 500 EMA (blue line) as our first take profit level Happy trading!

ForexKrisBerben

On the daily chart there is a zone of resistance that we just bounced off and we are looking to open a long potion with a take profit at 1.28790, you can also use the purple zone as a take profit level. For a stoploss we are looking at the lowest low on the left at 1.25020. This is my first post and I am looking forward to publish more content!