Hey traders, Here on the EUR/CAD we have the following reasons to go LONG: Daily Chart: - Bullish Trend - Near Daily Support Level (higher low of the trend) 4h Chart: -Bullish Engulfing Candle/ Hammer Candle GO GREEN!
Hey traders! Here on the AUD/NZD we have a good opportunity to go Short: DAILY Chart: -The market is in a bearish trend 4H Chart: -The market reached a daily level of resistance -We can see the Bearish Engulfing Candle
Hey Traders! Here on the AUD/NZD we have a good opportunity to go Short: DAILY Chart: 1- Consolidation fase 2- Daily Resistance Level Reached 4H Chart: 1- Bearish Engulfing Pattern 2- RSI Divergence GO GREEN!
Hey traders, Here on the AUD/JPY we can see the following entry reasons to go SHORT: DAILY Chart: 1- Bearish Trend (Under 200 EMA) 2- Resistance Level reached 2- Shooting Star Candlestick 4H Chart: 1- Bearish Engulfing Candle
Hey traders! Here on the USD/CAD we have good reasons to go short: DAILY Chart: 1-The market is under 200EMA (Bearish Trend) 4H Chart: 1- The market is under the 50EMA (Bearish Trend) 2- We can see a nice pullback after the Daily support level has been broken 3- We also have a good entry reason to go Short-> the formation of the bearish Engulfing candle GO GREEN!
Hey traders, Here on the GBP/USD we have a good opportunity to go short: DAILY Chart: 1- The market is under the 200 EMA that means that is on a bearish trend... 4H Chart: 1- The market is under the 50 EMA (bearish trend) 2- The market broke the daily support level and made a good pullback 3- Formation of the Agressive Bearish Engulfing Candle... GO GREEN!
Hey Traders! Here on the EUR/JPY we can see a good opportunity to go long: DAILY Chart: 1- The market is above 200 EMA 2- After breack of the resistance level, we can see a nice pullback to the same structure (now as a support level) 3- Formation of the Doji Candlestick 4H Chart: (nothing)
Hey Traders, Here on the EUR/CAD we can see the following entry reasons to go SHORT: DAILY Chart: 1- Consolidation fase 2- Resistance Level reached 4H Chart: 1- Agressive Bearish Engulfing Candle
Hey Traders, Here on the GBP/CAD we can see a good opportunity to go SHORT: DAILY Chart: 1- Bearish Trend (Market under the 200 EMA) 2- Reached Resistance Level 4H Chart: 1- Agressive Bearish Engulfing Candle 2*- RSI Divergency *- Additional information
Buy after breakout pennant resistance line. Pennant figure is a continuation trend figure... during the formation of the pennant figure the volume decreases- we can confirm it on the volume indicator. During the resistance line breakout the volume will increase----> TIME TO BUY!