Renforex

Renforex

FIrst idea in a while. Forgot this website exists. Enjoy the free pips

Renforex

(4h chart) On GBPJPY we are looking to enter short as the pair approaches the ascending trendline. A candle close below the 130.0 level is our confirmation. Targeting 126.4

Renforex

(4h chart) After a break of the recent uptrend, we look to sell EURUSD with an initial target at 1.1217 and a follow up target at 1.1135

Renforex

(4h chart) After a strong spike above and pullback, we are waiting for a break above 1.315 before we enter, targeting 1.325. A close below our grey zone invalidates this entry.

Renforex

(4h chart) EURCHF has broken a strong descending trend line and is establishing a new support level at 1.065 We are targeting 1.072

Renforex

The pair is currently testing the physiological 1.3 level and has met resistance from a descending trend line. A break below our zone marked in grey is our entry condition to sell, with a target at 1.293

Renforex

Targets at 0.974 and 0.97

Renforex

On the daily chart the pair has broken and retested the ascending trend line. This gives us a good selling opportunity with targets at 120.0 and 119.0 and stops above our grey zone.

Renforex Updated 

Placing a buy order above 0.685 with targets at 0.69 and 0.7> Avoid entering long under this key level.

Renforex Updated 

Closing long positions upon entering the marked zones from below (grey) and entering new upon exiting above the zones. As a guideline. Exact enter/closing prices will be marked out on a 4h chart.

Renforex

I have a sell order slightly below the zone at 1.11, targeting 1.104 initially.

Renforex

GBPUSD is fast approaching a very strong resistance level at 1.317, which is where I want to look to enter short on this pair. This could also be the 3rd contact made on a forming trendline from the high in 2014. My first target is 1.28 and I would wait to see a break below the ascending dotted line to confirm a further drop. Fundamentals are playing a large...

Renforex

My sell order triggered at 1.0025 Arrow shows the first target but I may set the SL to break even before then. I drew this chart after the trade was entered. Did this one on mobile so didn't have a chart on hand to post, but trying to get back into the habit of posting here. (This isn't the highest probability of trades but still worth taking for me as I'm...

Renforex

The pair trading within an ascending channel. This gives bulls a low risk opportunity to open or add to positions here with a tight relatively tight SL.

Renforex

USDCAD is in a strong zone for entering short with stop losses above the 1.33 level

Renforex

Bears have dragged this pair as far down as they can on recent fundamentals. The reality of uncertainty and GBP weakness is due to kick in soon and our technical levels and market sentiment support this. The arrow shows first TP level. After which, SL may be set to break even.

Renforex

We have a good opportunity to sell EURUSD here with a good risk:reward ratio with stops placed above 1.3 and targets at 1.1226 and 1.12

Renforex

GBPUSD is currently in a down trend and the bulls are losing momentum after entering the resistance zone. The price has also broken and retested a recent ascending trend line in smaller time frames. Sellers can either sell from here or wait until price breaks under the resistance zone and target 1.26 initially. If the pair breaks above this zone, the bulls have...