fxtraderkristina

fxtraderkristina

- This trade looks good and is trending towards the upside. - We are seeing 1-hour bullish engulfing candlestick closure bouncing off both moving averages, indicating bullish power in the market. - If the trade manages to break H1/H4 resistance, we can see a further move up. USD retail sales were positive, so the overall setup is looking bullish. 

fxtraderkristina

- CAD/CHF is trending towards the upside on multiple time frames following moving averages. - We are seeing a bullish engulfing candlestick closure on the 4-hour chart, and an inverted hammer pattern on the 1-hour time frame, indicating buying pressure. - The overall trade setup, has the potential to reach around 100 pips because of a potential monthly resistance re-test.

fxtraderkristina

- EUR/CAD is trending towards the downside on multiple time frames and we do have some space to make some profits before it re-tests our higher time frame support. - Bearish engulfing candle closure on the 4-hour time frame to confirm our entry.

fxtraderkristina

- NZD/CAD has a nice overall move towards the downside on multiple time frames. - We are seeing bearish pressure on a recent bearish engulfing candle formation on the 4-hour time frame & it made a new low on the 1-hour. - There is not much big news today that might have a huge impact on the overall trade direction as hedge funds are still showing that NZD is being...

fxtraderkristina

- There's a solid chance for a short trade here. - Multiple time frames show a downward trend, and a weekly bearish engulfing candlestick pattern is forming, indicating bearish power in the market. - Closed bearish engulfing candle on the 1-hour time frame, it bounced off of a recent resistance area. - In addition, NZD is being sold off by hedge funds, which is in...

fxtraderkristina

- EUR/CAD is trending towards the downside on multiple time frames. - The daily is currently forming a bearish engulfing candlestick pattern, suggesting bearish power in the market. - We also have a recent H1 bearish engulfing candle closure bouncing off MA'20. H4 closure to confirm my entry. - The trade has the potential to reach at least 80 pips in profit, so...

fxtraderkristina

- The AUD/CHF looks good for a long trade opportunity. It's trending towards the upside on Most of the time frames, and weekly looks like they are trying to break moving averages. - We have a recent bullish engulfing candlestick closure on H1 to confirm our entry. - The trade has a chance to make at least 60 pips profit before reaching higher time frame...

fxtraderkristina

Hello traders & Happy Thursday! :)) The AUD/USD looks good and it's trending towards the downside on multiple time frames. We are seeing a bearish engulfing candle formation on H4. On a weekly TM, the price crossed both moving averages, indicating bearish power in the market, and a new low was formed on a 1-hour chart. has been sold off by the hedge funds, so the...