Keeping an eye on this setup, CHF is struggling across the board with vaccine news. Looking for an entry on 15m
Lots of wicks closed above resistance failing to break though, potential short back down.
Looking for a good entry, broke resistance and retested support. Long opportunity
Short opportunity - broke out of an descending triangle. May be fake breakout so to early to enter but worth monitoring.
Promising trade 1:8 risk if it works. A pair i traded last week that struggled to move much but looks more active this week. Broken resistance and retest on the 1H candles.
Sitting on resistance if it fails to break, look for a short down to one of the levels shown.
AN - Head and shoulders pattern formed giving a promising setup, i have entered a sell stop just below the right shoulder with TP on the bottom line.
GBP/USD 1D chart, sat on major resistance, expect a downtrend to 1 of the 3 levels.
I was asked to analyse this pair. I see a short coming up but will need monitoring on Monday.
Keep an eye on this chart, trading within a zone, if we see a wick touch the bottom strong support line, enter a long.
Strength in the CHF is showing across the board. I’ve entered this long position 1:3 risk
Chart Analysis showing a 1.4 risk trade short. I am active on this short having seen a bearish hammerhead candle.
Live on this short. Showing my first TP zone, aim for 122.5 long term for TP2
Set ups for the week. Monitor this pair for pound weakness. 1:4 trade shown. My charts won’t load on my laptop so analysis is hard, anyone else has this problem? I’ve cancelled my premium because of this.
A or B ? I anticipate A but will monitor this pair for first session of trading. Its very hard to predict or swing long term in the current situation. Especially with the UK waiting for major Brexit and lockdown news this week.