cvfxwealth

cvfxwealth Updated 

EURUSD has been overbought as we all know. I do not foresee it creating any higher highs. Indicators: 1. We currently still have a demand zone that has not yet been reached yet. 2. EUR govt has announced they want a weaker currency. 3. Monthly Outlook - Bearish with strong sell RSI. 4. Election in USA causes volatility and uncertainty. Once that is complete USD...

cvfxwealth Updated 

We have a right tip confirmation for King's crown bear signal. We have created a new low on October 2nd (yellow circle) and price moved up to hit the right tip. Expecting price to fall down now as we are also at the downtrend line area. Indicators: 1. RSI on daily and 4 hour in strong zell zone. 2. Downtrend line broken and price retesting backside. Entry @...

cvfxwealth Updated 

RSI in sell zone. Supply Zone hit. Resistance Area hit. Enter at current price area. TP @ 1.2700 to 1.2800 Good luck trading! Let me know if you have any questions. Charles V CVFXmanagement.com Trading made Simple

cvfxwealth

GBPCHF has been in a channel for the past 2 weeks. Long term outlook is downwards movement (see past ideas) but this channel has been holding and may be holding for a bit longer. Look to sell at the top channel and take profit at bottom of channel. Until we have a breakout of the bottom channel there is no need to stretch your profit targets. Also note, even...

cvfxwealth Updated 

AUDUSD broke up trend line as expected (see past trade idea) and now currently retesting past support now acting as resistance. Up Trend Line broken RSI daily heading near the sell zone Smaller time frame in sell zone Entry 1 @ current price range of 0.7168 - 0.7200 Entry 2 @ 0.7300 TP 1 @ 0.7035 TP 2 @ 0.6800 Good luck trading! Charles...

cvfxwealth Updated 

EURUSD has broken the up trend line on the daily time frame and now retesting the backside of the down trend line. Option 1: Short sell at current price of 1.1730 down to 1.1625. Option 2: Wait for a test of the downtrend line and wait for a candle signal, bull or bear to continue direction. I am expecting this pair to range until election in USA is over between...

cvfxwealth Updated 

AUDJPY has hit the supply zone, past resistance area on the daily time frame. Indicators: 1. Weekly Trend still bearish 2. RSI on daily coming into sell zone. 3. RSI on 4hr in sell zone 4. We have a rejection of the Resistance (supply area) Entry @ price range of 75.46 to 76.00 TP 1 @ 74.00 TP 2 @ 72.65 Good luck trading! Charles...

cvfxwealth

EURAUD in consolidation range and have been giving us great trades the past few months. We have strong confirmations back to the bottom of the channel @ 1.6108 Look to sell at backside of the down trend line. TP @ bottom of channel, but remember to take profits in 50-70 pip ranges to maximize profits and protect profits. Good luck trading! Charles...

cvfxwealth Updated 

EURJPY heading towards supply zone, great area to sell. Past trading signal has a buy at 123.00 area and to TP at supply zone. Look to sell at Supply Zone and take profit at past support around 123.00 Good luck trading! Charles V CVFXmanagement.com Trading made Simple

cvfxwealth Updated 

GBPCHF in supply zone, sell zone. 1. Up Trend Line Broken to the downside. 2. Daily RSI in sell zone. 3. We are in the supply zone (where price has retraced to multiple times). Entry at price range of 1.1826 - 1.1880 TP @ Profit zone area of 1.1660 area. Good luck trading! Charles V CVFXmanagement.com Trading made Simple

cvfxwealth

NZDCAD King's Crown formation, right tip formation. We have a trend line break south and a retest of the back area is coming. Look to enter at right tip around 0.8860 area TP 1 @ 0.8720 TP 2 @ 0.8630 Good luck trading! Charles V CVFXmanagement.com Trading made Simple

cvfxwealth Updated 

EURAUD again! Have been buying this pair for a few months now. This pair is in consolidation and we have hit the top of the range with a close under it. RSI in sell zone Resistance (top channel) held strongly. Enter at price area range of 1.6500-1.6550 TP long term target is 1.6100 area but I recommend taking profit ranges of 50-80 pips as you trade down. I...

cvfxwealth Updated 

GBPUSD looking to retrace north before we have a drop south. Expecting price to move up towards 1.3000 minimum. USD still weak with technicals pointing to the southside. After election we should see USD strength. Enter at trendline area or current price. TP @ 1.3000 Good luck trading! Charles V CVFXmanagement.com Trading made Simple

cvfxwealth Updated 

GBPCHF: Last trade signal was to buy from the bottom areas and take profit at this supply zone. This pair has net 2% growth of account size for the past week. I would advise not to buy this as we are so close to a good sell area. Look to enter in this supply range and sell down towards past support of 1.1605/ Good luck trading! Charles...

cvfxwealth Updated 

Trading doesn't have to be complicated. If we look "left", that will tell you where price is going. We are at a strong support area at the demand zone for EURJPY. Price typically bounces off support and resistance areas, especially ones on large time frames. Look to buy at current price range. TP @ 125.00 area. Good luck trading! Charles...

cvfxwealth Updated 

XAUUSD broke downwards of a flag formation we have been seeing for the past few weeks. Price is now at a crucial area, right on the up trend line. Technicals are still pointing north: 1. RSI in buy zone on large timeframe. 2. Bulls still in power as up trend line still holds. Entry @ current price area of 1861.00 TP 1 @ 1900 TP 2 @ 1.1971 Remember at crucial...

cvfxwealth Updated 

GBPCHF looking to return to supply area after a fast drop. Downtrend line broken and has not yet been retested yet. Supply zone has not been met yet either. RSI in buy zone. Entry @ current price area of 1.1718 TP @ 1.1890 - 1.1950 Good luck trading! Charles V CVFX Management Trading made Simple

cvfxwealth Updated 

XAUUSD has been consolidating what now looks to be a flag pattern. All my trading signals have been buys at this main support area, still holding strong. RSI in buy zone Strong Support holding Flag formation holding Look to enter around current price range of 1913 to 1917. TP at top of flag around 1940 to 1950. Good luck! Charles V CVFX Management Trading made Simple