Pro-Trading-Africa

Pro-Trading-Africa

As we can see, CHFJPY is falling from the top (lower high) area of the descending channel in the 4-hour timeframe chart. CHFJPY has broken the bottom level of the Ascending channel in the 1-hour timeframe. We taking this trade based on technical analysis and candlestick patterns. Please use proper risk management depending on your account size, Use lot sizes...

Pro-Trading-Africa

EURGBP is moving in a descending channel on the Daily time frame, in the other view, the pair is retesting the neckline of the hand and shoulder pattern in the daily time frame. We expecting the pair to re-test the key support levels listed on the chart, We taking this trade based on technical analysis and candlestick patterns. Please use proper risk...

Pro-Trading-Africa

EURCAD bounced from the MAJOR lower support level on the H4 and WEEKLY time frame, . we expecting the pair to retest the key levels listed on the chart. We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (2) USE YOUR STOP LOSS (3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS Please use proper risk...

Pro-Trading-Africa

EURAUD has broken the Symmetrical triangle pattern in Upside. We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (2) USE YOUR STOP LOSS (3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS Please use proper risk management depending on your account size, Use lot sizes based on these calculations. Here is...

Pro-Trading-Africa

Bitcoin surged past $20,000 Sunday afternoon to $20,580 a coin, a 16.9% gain off its Saturday lows. The rally comes just one day after bitcoin ( BTC ), the largest cryptocurrency by market capitalization, fell below $20,000, its lowest price since November 2020. As of press time, bitcoin was trading at about $20,383 a coin. Bitcoin’s price surge reflects...

Pro-Trading-Africa

Bitcoin surged past $20,000 Sunday afternoon to $20,580 a coin, a 16.9% gain off its Saturday lows. The rally comes just one day after bitcoin (BTC), the largest cryptocurrency by market capitalization, fell below $20,000, its lowest price since November 2020. As of press time, bitcoin was trading at about $20,383 a coin. Bitcoin’s price surge reflects traders’...

Pro-Trading-Africa

USDCHF has broken the minor descending channel range and then rebounding harder from the retest area of the channel on the H1, Lastly, the pair bounced from the minor support level on the H4 time frame. USDCHF fell 5000 points from last 2 weeks, we can expect correction now. We taking this trade based on technical analysis and price action. (1) DO NOT...

Pro-Trading-Africa

USDJPY has broken the Ascending triangle pattern in Upside on a MONTHLY TIME Frame. Biden has come out publicly stating that Powell has his full support in whatever he plans to do in order to bring the economy back on track. Read More: www.forexgdp.com Here is a break down of your pip value in ZAR and Dollars 0, 01 = R1,43 / $0,10c 0. 05 = R 7,15 / $...

Pro-Trading-Africa

GBPNZD was moving in an Ascending channel on the H4 time frame and there was break out on the lower trend line, Followed by a retest. We expecting the pair to retest the key level listed on the graph. We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (2) USE YOUR STOP LOSS (3) DO NOT HOLD A LOSS...

Pro-Trading-Africa

EURAUD is rebounding from the higher low area of the ascending channel and the horizontal support area on a H4 Time Frame. Wait for a trend reversal confirmation before placing any trade. We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (2) USE YOUR STOP LOSS (3) DO NOT HOLD A LOSS FOR MORE...

Pro-Trading-Africa

EURUSD is moving in the Descending channel and the Market has reached the Lower high area of the channel. Also there is a breakout on the upper trend line on the H4. we expecting the pair to retest the key levels listed on the chart. We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (2) USE YOUR...

Pro-Trading-Africa

AUDJPY is moving in the Descending channel and the Market has reached the Lower high area of the channel. Also there is a breakout on the upper trend line on the H4. we expecting the pair to retest the key levels listed on the chart. We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (2) USE YOUR...

Pro-Trading-Africa

GBPCAD formed a Ascending Triangle on a H1 Time Frame, and there was a break out to the upside, we expecting a bullish continuation (Three white solder candle stick formation ) We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (2) USE YOUR STOP LOSS (3) DO NOT HOLD A LOSS FOR MORE THAN 2...

Pro-Trading-Africa

EURCAD bounced from the MAJOR lower support level on the H4 and WEEKLY time frame, . we expecting the pair to retest the key levels listed on the chart. We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (2) USE YOUR STOP LOSS (3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS Please use proper risk...

Pro-Trading-Africa

GBPUSD bounced from the lower support level on the WEEKLY time frame, Wait for a reversal confirmation. we expecting the pair to retest the key levels listed on the chart. We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (2) USE YOUR STOP LOSS (3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS Please...

Pro-Trading-Africa

Bitcoin fell below the $27,000 (€25,000) level as the sell-off in the cryptocurrency world continues. The price could experience a bullish pullback in the short term and retest the broken $30K level. The sharp drop comes after the US Bureau of Labor Statistics reported consumer prices for April were higher than expected, causing investors to sell off riskier...

Pro-Trading-Africa

As we can see the CADJPY has broken the bottom level of an ascending channel on a H4 time Frame, we expecting the pair to retest key levels listed on the graph We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (2) USE YOUR STOP LOSS (3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS Please use proper...

Pro-Trading-Africa

AUDCAD bounced on the trend line (2nd time) of the major Descending channel in the 4-hour timeframe chart. we expecting the pair to retest the key levels listed on the chart. We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (GREEN LINE) (2) USE YOUR STOP LOSS (3) DO NOT HOLD A LOSS FOR MORE THAN...