cvfxwealth

cvfxwealth Updated 

We finally have a lower low and break of the up trend line on AUDCAD. Indicators: 1. Up trend line broken 2. Lower Low created 3. Daily RSI in strong sell Look to sell at the back of this trend line downwards. Take Profit target @ .9509 area Good luck! Charles V CVFX Management Trading made Simple

cvfxwealth Updated 

GBPAUD has bounced off of weekly up trend line (strong support area). See past GBPAUD. Signal up 300 pips. Look to reenter when price nears up trend line. 1.7680 Take profit at top of channel. 1.7820 Good luck! Charles V CVFX Management Trading made Simple

cvfxwealth Updated 

Look to buy at current price area between 1.2785 to 1.2820. GBPUSD long term is a sell but we most likely will retest the resistance area of 1.3000 before a fall. Current price range is a good entry with TP at the top of the channel 1.3000 area. Good luck! Charles V CVFX Management Trading made Simple

cvfxwealth Updated 

We are currently in a consolidation for EURUSD. Long term I am expecting a break below this channel to the downside. Currently technicals are pointing north for one more test before a drop. Look to enter at current price range of 1.1730 to 1.1765 on a 15m chart. Take profit @ 1.1900, short stop loss 20 pips under last low. Good luck! Charles V CVFX...

cvfxwealth Updated 

We have broken to inner trend line on NZDUSD. Look for a retrace north to 0.8918 area to sell down to TP1 and TP2. Take profit at outer trend line around 0.8868 for 100 pips. Wait for break of outer trend line before reentering to target TP2. Good luck! Let me know if you have any questions. Charles V CVFX Management Trading made Simple

cvfxwealth Updated 

rade signal on this has reaped about 100 pips. Expect a retrace on EURAUD before we move up to the next level. Reenter at next support areas of 1.6255 and 1.6220. TP @ 1.6355 area Good luck! Charles V CVFX Management Trading made Simple

cvfxwealth

EURCHF has been in a channel between 1.0740 and 1.00840 and we are back at the bottom of the channel. King's Crown Bull pattern formation. Created a higher high and right tip has been formed. Enter @ current price area of 1.0760. TP @ 1.0840 area. Good luck! Charles V CVFX Management Trading made Simple

cvfxwealth Updated 

AUDUSD at a pivotable point. AUD news coming out in less than an hour. Watch for a break under this wedge and trend line. If we get a break and close under, expect price to start falling towards 0.6800 area. Patience is key, wait for the right confirmations before entering. Good luck trading! Let me know how I can help. Charles...

cvfxwealth

GBPJPY has broken the main up trend line on the daily and weekly. Expect a retrace north (possible short buy trading 300 pips) then look to sell at back of trend line. Remember "look left". Past support becomes future resistance. Past resistance becomes future support. This trend line that is now broken now becomes future resistance and price typically will go...

cvfxwealth Updated 

GBPAUD bounced off weekly up trend line as expected. Trade signal profited 300 pips. Look to reenter at up trend line on 4hr time frame. Expecting this trade to go up to 1.8050 area. (Still 300 pip opportunity) Good luck! Charles V CVFX Management Trading made Simple

cvfxwealth Updated 

GBPAUD at a major support area: Up Weekly trend line Wait for a bull weekly close before looking at entering. Once we have that, we'll look at entering to target 1.8050 area (400 pip opportunity). Patience is your friend on this pair. Good luck trading! Let me know how I can help. Charles V www.cvfxmanagement.com Trading made Simple

cvfxwealth Updated 

EURUSD dropped down to past support after US Fed announced they will plan to keep rates near 0 for a few years. Technicals still point upwards but wait for the following confirmations before entering. Buy Signal: Wait for a daily close above support with a strong bull candlestick. Sell Signal: If we have a break and close under 1.1700 we'll look to sell. Be...

cvfxwealth Updated 

EURAUD is now officially in consolidation. I expected price to break last resistance but we are now consolidating instead. If the market chooses a path, follow and don't resist. Overall still expecting AUD weakness. Per the RBA Minutes: The Board has noted that a lower AUD would provide more assistance to economic recovery. Policies will follow to drive...

cvfxwealth

EURUSD approaching daily up trend line. Price has bounced off of this multiple times so look to buy soon. Signals: 1. Daily up trend line holding: Bulls still in control. 2. RSI in buy zone 3. Price currently in a trading consolidation range 1.1750 - 1.1950 Entry @ Up trend line area (yellow circle) TP @ 1.1950 I'd advise short stop loss under the Up Trend...

cvfxwealth Updated 

See past XAUUSD idea. Trade signal buy entry @ 1.1913 and exit at down trend line of 1.1960. I'd advise waiting to see how price reacts today and tomorrow before reentering. Buy signal: Break of triangle upwards and candle stick close above If we have a retrace, I will reenter @ bottom of triangle. Good luck trading! Let me know how I can help. Charles...

cvfxwealth Updated 

USD Jobless Claims came out under expectation, big blow to US. This matches up with technicals perfectly. This is the big picture for EURUSD, we are still in an upwards channel with RSI in buy zone and higher highs. Enter at current price area of 1.1825 Look to target top channel area. Trading may seem complex but it's fairly simple when you look at the...

cvfxwealth Updated 

One of my favorite trades I have been trading since July. This upward channel is holding very well and all indicators matching up. Indicators: 1. RSI in buy zone on daily and 4hr 2. At past support area (Bottom of channel) I have taken a buy at current price area of 1.0764. TP @ 1.0830 area Good luck trading! Let me know how I can help or comment any...

cvfxwealth

EURAUD was consolidating in this triangle pattern the past 2-3 days. We now have a break above and a retest of the triangle. (Past Resistance becomes future Support). I am looking to buy at current price of 1.6268. TP target @ 1.6400 area at green line. (possible upwards channel) Good luck trading! Let me know if I can help in any way! Charles...