Crossing of 4H trendline on USDCHF is happening. With all the geopolitics risk along with the safe haven play of CHF, would be expecting a strengthening of the Swiss current in the short term. Entry : 0.87800 Stop Loss : 0.8880 TP : 0.86100
Good short setup in hourly chart as the descending triangle is broken. Quick short to 1.14000
Ascending trendling is broken with head and shoulder pattern forming. Good oppotunity to short to 135
GBPUSD is getting ready for Wave 5 as it rejected at 0.5 fibonacci level.
USDCAD is still trading within the triangle. On the hourly chart, a good setup for short to 1.39000. Probably will break the triangle by next month, then a huge move will follow. Watch closely.
Have been waiting for days for this 1.22 levels to be breached. this pair will be heading down to 1.20000. Let's wait s=and see if there is a sustained breach of 1.21500
Ascending triangle is broken. Good time to short as retest of 0.64000 has already finished.
USDCHF is now trading in a triangle. Hourly chart shows posibility of a short. With NFP coming up, gonna watch how this pair perform. Stay Safe, Trade Safe
Time to long it for today. Quick 80pip trade set-up for today.
So, managed to catch the EURUSD drop. Now, it's time to put some of the profit into this trade. Ascending trendline is broken and a retest of 0.64 has already happened. Gonna short this pair to 0.63 and 0.62 respectively.
Targetting 1.11000 in the near term. Let's see how the trend line holds up. Break of 1.09000 would send the pair downwards. Let's see how it plays out :) Stay safe, trade safe! :)
Further to my previous analysis, the pair has now retrace to 0.64300. Since i have exit the previous trade at 0.65500, it's time to enter long again :) Stay Safe, Trade Safe!
GBPUSD will break the triangle soon! Once it breaks 1.25, I will be entering long till 1.27. Along with major news from the US this Wednesday, expect major movement this week for the pair. Only short it if it breaks below 1.23 Stay Safe, Trade Safe!
Lets see if this 4HR candle closes below the trendline. Looking for it to fly down to 1660 then 1600 :) Stay Safe, Trade Safe
Waiting for USDJPY to break the current descending triangle. Along with major news from US later in the week, there will be big move ahead. Once 107 is broken, I'll be shorting all the way to 105. If it does break above 108, then gonna put big lots in and aim for 110.3 Stay Safe,peeps!
Broke 0.64300 level as well as the 5 months descending trendline. Gonna continue to push upwards. :) Stay Safe, Trade Safe.