- Reason to take trade 1. Daily and 4H down trend 2. 1H forming Lower high and lower low (more than two) 3. Price action confirmed on 1H chart ( Bearish engulfing and Pin bar) 4. Risk to reward ratio ~ 2.5 EP: 110.40 SL: 110.60 TP: 109.85
Dear Friends, Shorting opoortunity in EUR GBP. Pin bar on daily chart!!! Have a safe trade!!!
Dear Friends, After forming double top USDSGD trading in channel with lower highs and lower lows. For more details please look in to the graphs. Have a safe trade!!!
Dear Friends, After forming double top during the first half of July, AUDNZD has formed three lower highs and failed to break the resistance at 1.0970. Which indicates downtrend, next support level to watch is around at 1.0860. If it breaks that level than next support is at around 1.0775. Have a safe trade!!!
Dear Friends, In previous trade it reached to TP1, and from that there is small pullback in region 0.8895-0.8905 (1H chart). Here, I see small opportunity to reenter the trade again with two TP (Please see the graph). Have a safe trade!!!
EUR GBP reversing from the daily resistance at 0.8950. For more details see the graph. Have a safe trade!!!
The Graph is self explanatory feel free to discuss in comment section. EP: 1.3170 SL: 1.3220 TP1: 1.3115 TP2: 1.3085 The Risk-Reward ratio for TP1 is 1.1, which acceptable.
Long position EP:82.35 SL:81.95 TP1: 83.02 TP2: 83.95
- USD CAD in downtrend forming lower low and lower high -At 50% Fibo retracement and trendline resistance EP: 1.3115 SL: 1.3160 TP1: 1.3075 TP2: 1.3025