StefanForex

StefanForex

Hi traders, now we can see the beginning of a potential double bottom chart pattern at the 4h chart on EURGBP at a support zone. This will give us a good reason to go long and trade the double bottom reversal. A trend reversal is also posible so I will open 3 positions with 3 different top ups. I wish yo a good trading week. Stefan Forex

StefanForex

Hi traders, this is my view of EURCAD for the next months. I will wait for a new higher low as right shoulder to complete the inverted head and shoulder pattern to go swing long. Use riskmanagement and moneymanagement to earn consistent money with forex. If the price has a distance of 70 Pips to your entry in your favor then set the trade break even and let it...

StefanForex

Hi traders, this is my short setup for AUDCAD for the next week. Don´t forget AUDCAD is the most ranging and consolidating pair in the forex market. I wish you a good trading week. Stefan Forex

StefanForex

Hi traders, this is my view on GBPNZD on the daily timeframe. As you can see, we have break the bullish daily trendchanel and the price has retest the lower line of the trendchanal as resistance. I will set a sell stop after the nex lower high on the 4h chart. Not forget we will have the Brexit votum soon and if the UK get no deal with the EU and get a hard...

StefanForex

Hi traders, this is my view on EURMXN. What we see now is a higher low at 20.10 what give us a good idea to go long. So we can trade swing with a target over the last higher high with small risk. I´m at this trade since 20.12 and will hold it over weeks to the target, my SL is tight at 20.08. I hope it helps somebody to catch some profit out of the market. I...

StefanForex

Hi traders, this is my buy setup for NZDUSD on daily timeframe. As you can see the price have find support in the golden zone and have build a higher low on the D1 chart. This give us a good Idea to go long with a swing trade long setup. I wish you a good trading week. Best wishes Stefan Forex

StefanForex

Hi traders, I will wait for bullish engulfing pattern on the h4 timeframe to go long after a bounce of the tredline to the upside. If this happen we go longe and take the giant swingtrade. Have a good trading week. StefanForex

StefanForex Updated 

CHFJPY have reached a strong area of support now. After this long bearish move we will see a correction or a potential higher low on the D1 timeframe. I will look for good buy entries on lower timeframes.

StefanForex Updated 

Hi together EURCHF give us a good option to go short on the 4H chart. After an double top and a break of the bullish trendchanal we have to wait for a breakout to the downside. The RSI of the last 2 trading weeks looks good to for a short entry on lower timeframe with low risk. I wish you a good trading week.

StefanForex Updated 

Hi Traders, this is my view of AUDNZD. AUDNZD have build a strong support level, so it give us a good trade option to go long. Trade save.

StefanForex

Hi Traders, GBPCAD is ranging and struggeling since weeks and now at upper line of the range. This give us a good opportunity to go short with a good riskmanagement for this trade. Let see how it palys out. Have a good trading week.

StefanForex

Hi traders, AUDUSD is struggling at a strong support level, this give us a great trade idea to go long and take some pips on this pair with a small risk. I wish you good trading week.

StefanForex

Hello traders, on GBPUSD we see now a perfect rising wedge on the 4h chart with the top on the resistance at the sell zone. This give us a great trade idea to go short with a small risk. On the higher timedrame like daily and weekly we are in a bearish markek! So if the price will break out to the downside of the rising wedge it will give us a confirmation to go...

StefanForex

AUDUSD After the break of the bearish trend chanal AUDUSD have take correction. The price test now the upper line of the bearish trendline as support and is now near some very interessting fibonacci retracement levels. I personal will look for long entries if the FED interesst rate will stay the same as now. I wish you a profitable trading week.

StefanForex

FX:NZDJPY This is my technical view of NZDJPY, after this long bullish run and a time of consolidation. The price break the bullish trend chanal to the downside what will give us a comfirmation to go short on this pair. I will set 3 positions with diferent targets. Let see how it playes out.

StefanForex

OANDA:EURGBP EURGBP long on 4H chart With a higher low as last week and a strong correction after new over a possible Brexit deal we have now a good buy option to go long with small risk. So let catch this move.

StefanForex

FX:GBPJPY The 2 weeks RSI is overbought and the course need a correction and have to test the broken zone as new support. Untill to the midweek reversal we will see a bearish move on this pair. So first I will go short and then long with a comformation. Wait for the turningpoints and the enter the trade and go with the momentum. GBPJPY can make over 200 Pips on a...

StefanForex

We will see first a correction on this pair and a short move before we can go up again. Be carefull trade from zone to zone. In the picture you can see how powerful it could be to draw the trendlines in the chart and to wait for break with indicator comformation and look in the picture with a retest of the W1 support. Have a good trading week.