Tradeforpipsfx

Tradeforpipsfx

Hello Traders, today I'm looking at the NZDCHF trading pair for possible shorting opportunities and here's why : -We've seen the market react off a current supply zone and usually, for the demand and supply traders, a trading opportunity would have been right at that reaction/rejection. -Although we missed the first entry, we see that the market formed a double...

Tradeforpipsfx

Hello Traders, here's how I'm watching this pair for a possible downside move. Recently on this pair, we've seen an Head and Shoulder pattern formed and then there have been a correction to the golden fib ratio 61.8% currently I'd be looking forward to downtrend continuation pattern on the H1, H2 or H4 timeframe. We stay reactive nonetheless.

Tradeforpipsfx

Hello Traders, here's how i', looking at the USDCAD chart for more longing opportunites for at least a 4RR. We currently see this pair making a correction after some huge drops in recent times and I expect to see some short term bullish momentum on this pair.

Tradeforpipsfx

Hello Traders, here's a chart of the UsOil and right now i'm keeping a bullish bias. Here are my reasons: - Daily timeframe Break of structure - H4 bullish impulse and correction into our demand zone -Demand zone tallying with the 61.8 fib level -Double bottom at demand zone/fib zone confluence. I'm putting all these things together from a technical analysis...

Tradeforpipsfx

Hello traders, In today's article, I'd be sharing my analysis on CHFJPY and the reasons for my bullish bias . Here on the daily timeframe, we see a market in an uptrend as indicated by the ascending trendline. But what's more interesting to see is how we have seen a pattern repetition every time the market pulls into the ascending trendline. We see a double...

Tradeforpipsfx

Hello traders, here's my take on AUDNZD and possible bearish scenario that I anticipate. This pair has been in a continuous uptrend and now we're due a corrective phase. I expect a correction to the .10xx which is the 38.2 fib level discount of all that bullish impulse move. In getting the correction however, we have seen an ascending trendline that has broken and...

Tradeforpipsfx

Hello Traders, today I share with you my AUDCAD Sell bias. Here's the H4 chart and overall, we see a market coming from an Head and Shoulder pattern, broken the neck-line of this H&S patterns and then is retesting the 61.8 fib level. Right from this level, we see the break of an ascending trendline and right now, i'm waiting to catch the retest and go short from...

Tradeforpipsfx

Hello traders, today i'd be sharing my breakdown on AUUDUSD. I'm currently bearish on this pair, haven seen the market given off a daily timeframe heads and shoulder pattern. We're therefore looking to go short from the structures forming at shoulder 2 with a profit target at around 0.67XX. This is possible because of the strength the DXY should hold now that...

Tradeforpipsfx

Hello traders, In this article i'm sharing with you EURJPY shorting opportunity that I see and how i'm choosing to approach it. Here's the H1 view of the EURJPY and we see a major change in structure to a bearish trend and right now, at our area of interest, we see a double top as indicated by the "X" and we're looking to short upon the retest of this double top...

Tradeforpipsfx

Here on the charts, we can see a simple break and retest trade. The AUDUSD, yesterday made an impulse run and showed bullish momentum, also breaking through the descending trendline and right now we're experiencing a retest of the trendline from which we' re expecting some some bullish momentum and push to the upside. We're involved in this trade already with a ...

Tradeforpipsfx

Hello traders! So this is how I'm approaching the NZDJPY for a long trade, simply following my simple break and retest strategy. I''m looking to long this market upon the retest of the psychological level of 85.00 region. A bullish confirmation out of that zone will signal a possible buy trend for the move to around 86.00 region or above, Stay Reactive however,...

Tradeforpipsfx

Hello traders! In today's article, I'd be sharing with you my thought process on EURJPY and possible trading opportunity on this pair for those who already have this on their watchlist. Chart below Here's the Daily timeframe breakdown on this pair, and our already established higher timeframe bias is bullish , and as such, we're looking to catch some moves to the...

Tradeforpipsfx

Hello Traders, here's a structure breakdown of the NZDCHF and what I think is the next move for the pair. This pair has been breaking into structure lows and right now, we see a short term ascending trend that has just broken our trendline and is retesting it. And i'm looking inside the zone to catch possible short trades back to support 1 at least. DISCLAIMER:...

Tradeforpipsfx

Hello Traders! As earlier stated, I'd be posting my watchlist for the house and here's another one that I find really interesting. It is the NZDCHF pair, and here's how I'd be approaching it. Chart below Here's the H1 view of this pair and right now I'm keeping a bearish bias on this pair as we have seen the market break below our H1 ascending trendline, ...

Tradeforpipsfx

Hello traders! Here's how i'm looking at the GBPCHF on the H4 Timeframe. Chart is quite simple to understand and right now, I'd be looking to get a momentum shift to the upside and we will take long trades and capitalize on the move to the upside with a decent risk to reward ratio. I hope that this analysis is somewhat helpful. Don't forget to follow us to help...

Tradeforpipsfx

Hello Traders! I'm sure that I'm not the only trader who loves to trade gold because it is largely rewarding if traded right. And right now, here's how I'm looking at XAUUSD for the next possible bullish impulse that could be an easy 300+pips to the upside. Chart below Here's the H1 timeframe analysis on XAUUSD and right now I personally expect to see some growth...

Tradeforpipsfx

Hello Traders! here's my chart on GBPAUD and here I expect to see some level of temporal growth out of this pair to the upside particularly after the most recent formation of our inverse Head and Shoulder reversal pattern. We would therefore be looking for entry reasons around the region labelled TLT that also tallies with possible structure support. It's around a...

Tradeforpipsfx

Hello Traders! Here's my thought on the next move for BTCUSD crypto pair. This market did break above a significant structure level at $45k but failed to sustain the bullishness to turn $45k into support, so we're down again under the same key level and that gives us room to the downside. Hence, i'm currently short on the BTC, waiting for a retracement to further...