pretty straightforward take profit level was drawn out on daily timeframe and resistance level was drawn out on 4hr timeframe this is a swing trade idea. make sure to use proper lot size and stop loss
Price has broken out of a descending triangle and coming back up to retest the resistance line then price will continue to drop! follow like and comment if you want more trade ideas more often
price is in a uptrend and is approaching resistance would like to see a break through and then a retracement to retest previous resistance to make it new support if price can do this the uptrend will most likely continue in which i will hold a buy trade to psychological level of 1.40000
News released Feb 4th and 5th showed the canadian econmy doing bad due to unemployment but gbp has had a good recovery we can draw out a upward trendline on the daily timeframe and then go to the 4hr timeframe and see a inverted head and shoulders is in formation and almost finished from Feb 7 to feb 13 Looking for price to come back down and test support...
Price Was in a Uptrend Previously but Friday 's Daily candle Closed with a very bearish candle and seems like a double top Formation is takin place on the 4 Hr time frame entering trade on a short sell this week and Taking Profit at 78.861 What are your Thoughts ? if you like this idea please leave a comment and follow for upcoming trades.
MONTHLY TIMEFRAME: Price is in a Uptrend and we can see the three white soldiers candlestick pattern taking place WEEKLY TIMEFRAME:Uptrend visible but we can see that price is hitting a resistance area Daily Timeframe: We can identify the resistance area at 1.23379 and see the three black crow candlestick pattern taking place as price is on its way down to last...
price is trading within a upward channel and has recently broken through a resistance line Looking to buy up to next target of 1.37546