Saf_1
Taking a short position on AUDNZD on the basis of a head and shoulders pattern being formed on the chart. Using the measurement fromm HH to the neckline, I have determined the target profit that can be acheived in case of a trend reversal with 3 different take profit levels along the way. SL has been set at the LH level.
Taking a long position on EURUSD based on an upward trend being formed on the chart as well as the candle bouncing off trendline support meaning that it is being respected. Therefore, we will take a long position and exit on the level of trendline resistance. SL and TP also defined using Fib Retracement
Taking a short position on BNBUSD based on the formation of a head and shoulders chart pattern. The neckline support has been broken. Based on this analysis as well as the formation of 5 consecutive red candlesticks, it appears that the chart will continue its downward trend
Taking a short position on BTCUSD as the chart appears to have formed a bearish flag and is now currently in sideways movement. If it breaks the support level, the projection of target will be based on the measurement from the HH to HL formed within the flag
CADJPY looks to be heading toward a new high with Three white soldiers formed in the past 3 hours. Also looks to be an uptrending chart with a possible formation of AB=CD Chart Pattern
GBPJPY, Chart pattern looking to form AB=CD chart pattern with a possible trend reversal once it has formed a new high. Also the candles have formed three white soldiers which gives a strong buy signal
On the AUDCHF Chart, we can see that the chart has recently formed an AB=CD Bearish Chart pattern. With this sighting as well as bearish red candle. I have taken a short position with SL defined at the LH level
Taking along position based on the presumption that the chart will be forming an AB=CD Bearish Pattern in the next few days. Also saw a bullish candle before taking an entry.
Based on the AB=CD Bullish chart pattern spotted currently in the market. There is a possibility that there is a trend reversal allowing us the opportunity to enter frm the best possible entry point to ride out the uptrend
GBPAUD Long position due to a bullish hammer appearing at the bottom of a down trend.
AUDUSD Short due to the overall downward trend of the pair.Also sighting of shotting star on a short uptrend at the resistance level. Based on combination of these signals, decide to short this pair.
USDCHF Short as it is an uptrend chart and has closed on resistance level and not going further up.Also the last candle appearing is a bearish engulfing candle
EURGBP Long based on analysis of support and resistance levels
EURCAD Long position based on analysis of support and resistance levels.
EURNZD long position based on a bullish engulfing candle and analysis of support and resistance levels
EURAUD Long position based on the bullish engulfing candle last seen as well as after analysing the support and resistance levels
CHFJPY Long position based on support level defined. tAKEN A PROFIT OF usd 515.96 on this trade