Pro-Trading-Africa

Pro-Trading-Africa

The pair (EURAUD) broke the resistance level on the ascending triangle. How do you spot the ascending triangle? Well, The top part of the triangle appears flat, while the bottom part of the triangle has an upward slant. How do you trade this symmetrical triangle? Easy, ascending triangles are generally considered bullish and are most reliable when found in an...

Pro-Trading-Africa

As we can see, we got the analysis 100% right, the pair moved 700+ pips, Currently the pair is moving in an ascending channel, we will have to wait for a breakout before taking any positions on this pair. NB: This is for educational purposes

Pro-Trading-Africa

As we can see EURAUD broke the resistance level after two attempts on a 1 hour chart. Traders wait for the break out before placing a trade.

Pro-Trading-Africa

As we can see Gold Created a Bearish engulfing candle in an acceding channel. This morning we saw an increase due to the weakening of the dollar.

Pro-Trading-Africa

As we can see the market re-tested the 13834.8 level, than after that continued with a downtrend, A typical example of a double top, A double top pattern consists of several candlesticks that form two peaks or resistance levels that are either equal or near equal height. As we traders look to take sell positions after plotting of the neckline. This neckline can...

Pro-Trading-Africa

As we can see the market re-tested the 13834.8 level, than after that continued with a downtrend, A typical example of a double top, A double top pattern consists of several candlesticks that form two peaks or resistance levels that are either equal or near equal height. As we traders look to take sell positions after plotting of the neckline. This neckline can...

Pro-Trading-Africa

Another classic example of a cup and handle chart pattern, Guys the markets always repeat them selves, after a while you will be able to analyze the market by just looking at it, Wait for a handle to form. The handle often takes the form of a sideways or descending channel or a triangle. Buy when the price breaks above the top of the channel or triangle. Please...

Pro-Trading-Africa

This a classic example of a break out after the market tested the High highs 3-4 times, We wait for a breakout, than a small retest then place trades, Please send us a text should you have any questions

Pro-Trading-Africa

A broader understanding of where the market is at, this will help you make right decisions moving forward, As we can see the market crossed the 1.19735 level on the FIB. PLEASE do comment below should you have any questions,

Pro-Trading-Africa

After a break out the market pushed 170+ pips, Great example of a trend line breakout, Please comment below should you have any questions

Pro-Trading-Africa

A great example of a break out. Remember, we do not trade all the time. Please do like and share if you find such analysis useful/

Pro-Trading-Africa

GBPNZD has reached the top of an Ascending triangle on a 3 hour time frame. - We Normally wait for a confirmation, either a break-out or reversal before placing a trade.

Pro-Trading-Africa

- An Ascending triangle has been formed on a daily time Frame. - We Normally wait for either a break-out or reversal before placing a trade.

Pro-Trading-Africa

CHFJPY has formed an acceding triangle, we either wait for a breakout or reversal. Please like and share. Also leave comments below. For clarity you may get in touch with us.

Pro-Trading-Africa

As we can see, the pair broke the channel on the 4 HOUR chart, we entered buy positions, 157 pips collected on this pair. Please like and comment

Pro-Trading-Africa

As we can see, the Gold broke the lower trend line on the 4Hour time frame, we collected some pips on this downtrend. Please do like and share

Pro-Trading-Africa

The pair broke the broke the bottom level of the uptrend line,and the reason of the sell, is due to the strength of the Dollar. This analysis is based on both fundamental and technical analysis. Thank you

Pro-Trading-Africa

As we can see, the AUDNZD failed to break the lower trendline, looks like it will continue with a bullish Formation. this is a long term trade, daily. Thank you,