am looking forward to take a mean reversion to this trade. we are in an uptrend and this trade we are risking as much as litt;e since we are taking a counter trend setup, however we also see the price reacting to the trend therefore we can confidently proceed wth the trade
we looking forward to a short sell with price reacting to the tendline
Ever been confused!! haha This currency pair is showing some potential bullish movements and this is supported by the weekly chart hence the direction might be prominent but in the same light with lower time frames im clearly seeing some short opportunities. 1)The market was trending up "yes" but once it broke above the zone it failed to push price further up....
FOREXCOM:GBPCAD this is one of the mot promising pairs for me in the coming weeks. from a weekly timeframes the price reached a very significant level of resistance that has proven to be holding for more than 4times and with that as a fact im expecting the price to respect the same level and push down wards. I also construct a clear trendline and the touch to...
FOREXCOM:AUDUSD I am observing an uptrend. as of march 17th we saw a clear impulse reaching to level of 0.61904 on the 27th of last month. a breakout occurred and last week i picked no trades as there was no specific setups but this week we are looking forward to a pull back to levels of 0.62434 & 0.62034 and once price reach this zone we are looking for...
FOREXCOM:USDJPY been looking at some exciting movements in so far as the dollar yen is of concern, the pair is flowing in a bearish sentiment and with that being the case we would like to take more sell orders hat buys,as we approach the first days of the week we might see a push to the upside level of 109.277 presenting some potential good sell opportunities to...
following with the gold, we have observed a breakout form a zone that has been acting as a good resistance and by so doing we also see the price returning to test the previously broken structure , "breakout and retest" so we expecting in this week some raging bullish momentum to targets of 1750 or 1793 price range. from the chart we observing a loss of momentum in...
The ausie dollar has a lot of potential to push further up, on the 9th there was a breakout and this according to my strategy was a clear confirmation of newly born uptrend. Now coming into the week we might experience a retracement and retest of the previously broken resistance now turned support, with that happening i will be looking forward to make buy orders...
hello guys this has been my analysis As we progress to the coming week i have been focusing on the kiwi loonie for some potential short trades. clearly we are at some key resistance and as of Friday the price action is showing quite a significant rejection from the upside and from previous data we can evidently see that the market has been respecting this zone...
The pair has been resting on key level of resistance and with that being the case we observed a possible trade that we might consider engaging. # Generally im looking forward to buy this pair once it touches the trendline for the 3rd time and push to the upside however i will not love to oppose the view of selling opportunities since the price has been resisted...
following the currency pair i will be looking forward to buy the market. Given the conditions that the market is resting on prominent key level of structure; we have seen the price trading below the zone and broke to the upside therefore we were expecting a retest of the previously broken structure as support to push the market further to the upside. now we...
I'm looking forward to taking orders come this week Price resting on a 50%, 61.8% Fib zone and this is an area that i've been looking forward to look for bullish patterns and formations... The zone was broken and we see the market rallying to the upside and then mow back in the same zone however now we consider a resistance that has been turned support and that...
im still maintaining a bearish bias on the euro dollar. from the last quarter of this year the eurodollar has been failing to maintain price above 1.12 there its still going down in a bearish trench, noticed a channel within a channel, the priced escaped the inner channel but couldnt hold above and end of the week we saw the price respecting the channel.# this...