Hey guys, Spotted at this chart is bullish divergence at the 4Hr TF. It looks like the selling is all done and we are looking at a reversal. T/P1 84.55 T/P2 85.80 S/L below 80.58 Hope you make some profit out of this trade Cheers!
Hey guys, A quick look at this chart and we can see there is a bearish divergence on RSI and i believe that xauusd has been overbought and will start to fall to 0.618 level. T/P1 1340 T/P2 1325 S/L 1358~1360 Lets see if this will happen Don't trade more than 2% of your capital Cheers!
Hey Guys, At the 4hr TF, we can see that the USDCAD has reached its oversold level from the RSI reversal and also it is at a bullish divergence. Its also shown from the reversal candlewick and i believe there will be an uptrend movement to the 0.618 level. T/P1 at 1.2978 T/P2 at 1.3013 S/L at 1.2800 Please don't trade more than 2% of your capital Cheers!
Hi Guys, Lets look at this chart and see that there is a double top formation from the previous top. Also, we can see that there is a bearish divergence between the previous high and the peak with the RSI showing a downtrend. From here, i believe that GBPCHF will reverse to a downtrend. T/P1 at 1.3221 T/P2 at 1.3084 S/L above the 1.3500 Please don't trade...
Hey Guys, Looks like CADJPY has finally made a reversal and going on a breakout above the resistant level. Hence, i believe that this trade has the potential to reach the 0.61 level and i would use this opportunity to gain some profit T/P1 at 82 T/P2 at 82.36 S/L at 81 .15 R:R 2.5 Please don't trade more than 2% of your capital Cheers!
Hey Guys, Todays news cancelled out on all the previous trade analysis and hence from this chart we can see that GBPJPY has entered into upward trend line. I would wait for the minor pullback before entering and then aim for the 0.618 level. T/P1 at 150.83 T/P2 at 152.21 S/L at 147.75 R:R 1.5 Please don't trade more than 2% of your capital Cheers!
Hey Guys, This chart is showing a strong up trend movement has broken out the resistant level. Hence, i believe this trade will have a minor pull back followed by a upward surge to the 0.618 level. T/P1 at 1.8365 T/P2 at 1.8878 R:R 4.9 Please don't trade more than 2% of your capital Cheers!
Hey Guys, After earning some good profit out of this trade, i've decided to see whether it would break the up trend line or bounce upward. It turns out there was a bounce back followed by a strong buy signal. Hence, i believe that usdchf is still respecting its upward trend and i've decided to BUY on this trade. T/P at 0.9537 S/L at 0.9410 R:R 1.7 Please...
Hi Guys, Here's another EURJPY trade pattern that i found quite interesting. If you look at this chart, we can see that the price has reach the 0.618 level followed by a pullback to the 0.786 level, which then continues a its down trend. I would wait to see what happens when the price hits the trend line, and make a decision from there. However, i believe that...
Hey guys, After breaking out of the resistant level, I wonder wether this trade will finally fall or will it keep going up, and if it keeps going up, to which level will it go up to? Then when i look left, i see that this chart might be going thru a Bearish Bat formation. And if im right, this trade is still going up to the level of 1.3532 price point before...
Hey Guys, Here's a good trade that i believe will make some profit. If we look at the 4H TF, the support is around the 81.30 price, and as you can observe, there is multiple rejections around this price point, followed by upward trend. Then, there is a minor resitance at the 83.47 level followed by a pullback. From here, i think we can buy the CADJPY to the...
Hey Guys, Lets look at this trade and see why i'll be buying this pull back pattern. 1.You can see that the candle wick bounces the third time at around the 0.7770 price range. 2. Then, the up trend line has been broken and we will expect audusd to drop down further. Hence, i believe there will be a pullback to around 0.7839 price point before it continues its...
Hey guys, Lets simplify this trade: 1. The chart shows a breakout of the up ward trend line 2. Reverses just above the 0.618 level 3. Rejection just at the up ward trend line Hence i strongly believe this chart will follow the ABCD pattern and reach the 0.382 level. Let's see if this trade goes thru T/P at 136.42 S/L at 151.25 R:R 3! Please don't trade more...
Hey Guys, Since i've been a hodler of crypto, i can't help myself but to accept the reality that BTCUSD is headed for another correction. As you can see in the 4H TF, BTCUSD had a pullback moment at the level of 0.382 followed by a downfall. Hence, I believe we can short this trade to the previous lowest point at 6042 and observe for the next trend. T/P at...
Hi Guys, If we Look at this chart, there seems to be a reversal at 1,8048 followed with a drop. Hence, i think we can start to short GBPCAD. Be aware that this chart still has an upward trend and if we draw diagonal line from the bottom to the top, I would expect some retracement period at 1,7410, so you can take some profit here. IF this this chart passes...
Hi guys, I've been following this trade carefully for awhile since it has gone thru the previous high. After the NFP news, the chart has started a reversal and if you look at the 4H TF, you can see there is a fallen star candle wick. Hence, i believe that USDCHF will have minor dip to just above the 0.618 level. That said, I think this trade is still on an...
Hi Guys, Looking at this chart and i found that there were a few things that supported my idea: 1. Support at 0.7245 and reversal has begun at the 4H TF 2. Previous support at 0.7146 was never achieved 3. RSI supports the upward trend I would expect a retracement period at 0.7430 (0.38 Fib) so you can take some profit here But my main target would be: T/P at...
Hi guys, Looking at this 1 Day chart, we can see there was a double top formation and the chart has started to go on a downtrend reversal. Hence, i believe this trade go down to the 0.618 level before next the consolidation period and based on the previous downtrend back in 2016, we can expect another pullback before further downtrend. T/P at 1.5115 S/L at...