Forexmani

Forexmani

The daily chart gives the idea. Only buy the pullbacks . Longterm target is 118

Forexmani Updated 

price is back at the resistance zone that was broken(support). Looking to ride it till the next support partialy closing positions.

Forexmani Updated 

Nice bounce from the weekly zone. Price could resume its long-term trend

Forexmani

EURUSD is Currently heading towards support. where we might see a deep pullback before the trend resumes. Only take short term buys and wait for the pullbacks to sell .

Forexmani Updated 

AUDUSD bounced perfectly from the broken weekly ZONE. i anticipate more downside from the lower time-frames this week

Forexmani

buy pending order @ 0.76724 tp= 0.75608 Reason. Bounce from weekly zone pullback to daily resistance pinbar rejection of 0.76724 region NOTE: If price breaks and closes below the trend-line before opening our pending order then we shall have a different sell order for that.

Forexmani

The pair is currently on initial stages of trend reversal making higher highs and higher lows. it has also broken the weekly resistance level at 0.86862. Looking for a pullback to join the ride or break of resistance to join the momentum.

Forexmani Updated 

USDCHF is back near the psychological 1.000 level. Currently monitoring price to close below 50 ema on 4 hour timeframe and also close below 0.9960 to confirm the longterm short opportunities. I will update this trade as it unfolds. thanks

Forexmani

this pair did a fake break and it has started reemerging inside the trend it also broke out of the consolidation. if it closes above 112.652 i will look for a long position with stops below the box (111.80) hoping to ride it to 115.10. As a conservative trader if resistance at 113.26 is broken then this will be a good long opportunity

Forexmani

the pair broke out of the range and is currently on a sell trend. Price has reached our area of interest and only price action can give us an entry

Forexmani Updated 

We had a doji candle close at the 61.8 fibo level . A couple of rejection candles too off this level. this clearly presents an opportunity of a long-term buy which might create a new high.i will be watching for price action to place an order especially on lower time frames. To add on this cadjpy has also been making a series of higher highs and lows on higher timeframes.

Forexmani Updated 

sell-region at 86.50 - 86.79 stop loss at 87.61 region TP1 = 85.697 TP2 = 84.783 risk(1 to 3%)

Forexmani Updated 

Break of the trendline will send the price below 85.602

Forexmani Updated 

This pair is at a crucial level. we a have a triangle formation giving as the possibility of trading in either direction. Watch for a break before placing any trade.

Forexmani Updated 

double top on a strong weekly region. trade at the neckline where i anticipate a move up. We are currently on a rectangle consolidation. a breakout will give the true direction This might also be a short term pullback considering the weekly trend is strongly bearish. trade with a decent risk

Forexmani Updated 

Our earlier long opportunity might be invalidated if the trade closes out of the consolidation box hence we change our outlook to short opportunity. Entry can be on a retest of the breakout box or at market price if trade closes below the box after daily closure. Trend-line has also been adjusted as compared to the other long post Trade with care.

Forexmani Updated 

Waiting for a good pullback before price heads up to the strong weekly resistance zone

Forexmani Updated 

After May's speech we had a big sell off of the pound. This resulted in a bullish engulfing pattern on GBPUSD. i expect a pullback before the pair heads to 61.8% fib ratio at 1.2985.