cvfxwealth
We have large NZD news coming up in a few hours @ 10 PM EST. Watch for a break above current consolidation range or a pull back to bottom of consolidation range. Bias direction is still upwards so I would only look to buy. Entry: Enter at breakout of consolidation range 1.7930 Enter at bottom of consolidation range 1.7723 TP 1 @ 1.7962 area TP 2 @ 1.8196...
NZDCAD sell setup. Indicators: Downwards trend and support has not yet been hit. Entry: 1. Look for a break below 0.8738 area for a sell confirmation. 2. Sell retrace at 0.8796 area. TP @ 0.8565 but I recommend taking 40-50 pip increments as you trade down. Good luck trading. Please like these free analysis so others may benefit from it. Let me know how I can...
See past AUDCAD ideas, This has taken a while to come down but things are starting to set up nicely. We have a neckline break, now waiting for a close under 0.9500 before I enter sell. Entry 1 @ retest of .9500 support back area (new resistance) TP 1 @ 0.9410 TP 2 @ 0.9290 Good luck trading! Please help like my free analysis ideas so it can benefit more...
Been tracking this trade for a while now. EURUSD has been overbought for weeks and resistance at 1.1900 area has been holding. Look for a close under the past support price of 1.1700. Wait for daily bear candle close under it to enter sell. Target area 1.1400 - 1.1500 Good luck trading! Charles V ww.cvfxmanagement.com Trading made simple.
AUDCAD looking good to sell as we are reaching high prices high resistance areas. Sell at resistance range between 0.9610 - 0.9750 Sell at break below 0.9505 TP 1 @ 0.92833 Good luck trading! Please like this idea so others can benefit from these free trade analysis. Let me know how I can help. Charles V www.cvfxmanagement.com Trading made simple.
USDJPY in a downwards channel creating lower lows and broke past support now acting as resistance. Indicators: 1. Downwards channel 2. Downtrend line holding as resistance. 3. Past support broken now acting as resistance (red line). Entry @ current price of 105.95 Entry @ 106.20 area (bounce of downtrend line. TP 1: 105.40 area TP 2: 104.30 area Good luck...
EURCHF main direction is still upwards but currently in this upwards 4 hr channel. Entry 1 @ current price of 1.07477 Entry 2 @ 1.0716 short support area TP 1 @ top of channel at 1.0817 area TP 2 @ 1.0900 area Good luck trading! Please help like these free analysis so others can benefit from them. Let me know how I can help. Charles...
NZDJPY strong downwards weekly trend and has bounced off of weekly inner downtrend line. Sell at downtrend line areas 70.33 and 71.60 down to next support area 66.91 Indicators: 1. Downwards weekly down trendline 2. New lows since July 20th. 3. Look for lower lows for indication of strong bear market. Entry @ downtrend line areas (yellow). TP at 50 pip...
See past GBPAUD trade idea. Price hit support perfectly at 1.8178 handle and up 100 pips.Price can still retrace lower so take profits or partial profits at current price of 1.8285. Reentry @ 1.81789 and 1.7881 area. TP @ 1.8464 TP @ 1.88317 Good luck trading! Please like so more people can benefit from these free analysis. Let me know how I can help. Charles...
EURUSD at main resistance area of 1.1900 Pair is volatile but extremely overbought, expecting a short possible retrace. Entry: 1. Aggressive Entry @ current price area of 1.1870 2. 1.1900 area TP 1: 1.1700 TP 2: 1.1600 50 pips stop loss 1:2 and 1:4 risk reward trade. Trade safely on this one, see my main EURUSD idea linked. I am waiting for a strong bear daily...
See past NZDCAD Idea. We are in a downwards weekly channel with the top channel holding as resistance. Indicators: 1. We have confirmation of bearish daily candles closed under the channel with lower lows. 2. Weekly RSI in sell zone 3. Main direction is downwards. Entry: 1. Top of channel @ 0.8877 area 2. Aggressive entry @ 0.8844 area TP 1 @ 0.8680 TP 2 @...
EURJPY overbought, looking to sell once we have a confirmation. Indicators: 1. In large resistance area. 2. Weekly RSI in sell zone. Entry: Wait for bearish candlestick close under up trend line to confirm downside movement. 1. Enter at candle close below uptrend line around area 124.20 area 2. Enter at retest of backside of uptrend line around 124.70 area TP 1...
EURAUD still in upwards trend. See linked EURAUD Idea I have been buying the past month (1400 pips net in June). Entry: 1.6396 area 1.6117 area TP Current price for aggressive entry 1.6540 area (resistance on smaller time frame) 1.6775 area (large resistance) Good luck trading! Let me know how I can help. Charles V www.cvfxmanagement.com Trading made simple.
EURUSD overbought and retrace is expected. Indicators: 1. Price in major resistance area of 1.1900 2. Weekly RSI in sell zone. 3. Main trend is still downwards. Entry: 1. Resistance 1 @ 1.1900 2. Resistance 2 @ 1.1200 TP @ 1.1450 area (support area) Good luck trading! Let me know if I can help in any way. Charles V www.cvfxmanagement. @cvfxwealth Trading made Simple.
GBPUSD inner uptrend line broken. Looking to sell down to outer trendline. Indicators: 1. Inner Uptrend line broken. 2. Stochastic RSI daily in sell zone 3. Engulfing Bear candlestick daily close. Entry: 1. Price area of 1.3100. 2. Price area at 1.3140, retest of back up trend line. TP @ 1.2920 area near outer uptrend line. Good luck! Let me know how I can...
This pair has generated thousands of pips since bounce of bottom support area. See past trade idea. Indicators: 1. Currently at a support and looking to reach the next resistance area. 2. Strong bounce off up weekly channel 3. Created higher highs on 2-4 hr time frame Entry: 1. Current price of 1.6418 (support area) 2. 1.6340 area at lower support area TP 1:...
See my prior trade idea linked below. Been trading this from the bottom of up weekly channel Great opportunity for a buy. Indicators. 1. Upwards weekly channel bounce at bottom creating a new high. 2. Weekly RSI in buy zone. 3. Broken Resistance area becoming new support. Entry: 1. Current price area of 1.8224 2. 1.7900 area for a deeper conservative...
EURNZD has been creating higher highs and higher lows. Look for opportunities to buy this up the the top of the weekly channel. Indicators: 1. Upward weekly channel 2. Higher highs 3. Weekly RSI in buy zone Entry: Wait for retest of past resistance, now new support @ 1.7570 area TP at next support levels. Good luck trading! Let me know how I can...