There are 3 confluences indicating a possible 4000 pip trade.
1.The weekly candle is showing a bullish signal indicating a Bullish reversal.
2.The stoch oscillator also shows a divergence which also further strengthen that the pair would go bull.
3. The price has reach the bottom of the upward trendline. This further indicates an increase in price.
This trade...
Hello traders. This simple sell setup is currently underway but it still not too late to catch the bus. The price has reached the resistance line that has hold this pair for 6 months. This pair had tried 2 times to pass this line, it does not seem that it will do so the 3rd time. Last week candlestick also shows sign on rejection from the resistance line. What are...
Hi! As you can see this pair is showing a reversal after confirmation of last week candle. AND best of all the Fibo Golden ratio supports this claim! Join in on this trade. AUD has a high probability of showing weakness next week because almost every AUD pair is showing bearish signals.
Feel free to comment on this idea
Hellooo! I hope you guys had a great week. Oh boy this 400+ pips setup is too beautiful too ignore. This pair showed rejection on the trendline and resistance line that had been holding for 2 years. This trade maybe a little longer by several weeks but the good news is if your an intraday trader you can pull off extra gains by trading on minor rallies and...
Hello! EUR/NZD is shooting towards the 1.500 level.This simple setup on weekly TF shows a strong rejection at the trendline. I have already enter this trade. Expected time for holding this trade is 3 days to 1 week.
Feel free to comment on this idea
Cheers
Hello Traders. A possible long term buy position more than 1000+ pips await. However I am still waiting for any weekly candle to show rejection on the trendline. Just dont enter this trade yet. I will update to you when the position is ready or if the price decided to Drop It Like Its Hot below trendline, like Snoop Dogg then no trade will be entered.
Happy...
USD is seeing some strength on this week. This pair is likely to drop until
the 1200 price level. The overall trend remain bearish which can be seen
on a longer duration(Monthly timeframe, 2010-Present).
Feel free to comment on my idea
Cheers
The pair has recently re-approach the 61.8% Fib. Retracement which proven to be a strong resistance line for almost 2 years. Although the pair had made some recovery after the CHF bank introduce the negative interest rate, the overall trend is still bearish based on weekly and monthly trends.
Feel free to comment on my idea.
Cheers.
