pav4ito

pav4ito

Bounced from support, aiming for the purple resistance line (key resistance level). Trade safe traders.

pav4ito

BTC/USD bounced from key support. Now that the price had dropped to 3000, a lot of people will be buying and therefore the price increasing even more. The market moves in waves, BTC/USD can't just keep going up, it needs to pullback some time (huge investors dumping bitcoin). What has also helped the price drop of BTC/USD is the fact that China is banning bitcoin...

pav4ito Updated 

AUD/NZD has bounced from a key resistance level (yellow line on the chart) and has also broken the key trendline it respected for quite some time. Every time a key structure is broken we wait for a trade setup. A good setup is when we see corrective structure, this is due to the fact that nothing can fall without correcting it sell. It has to pull back some time....

pav4ito Updated 

EUR/CAD is currently just under the the key support line. It has been in a downtrend for some time now. Currently it looks like it is in a small corrective structure and we are now retesting the key support level. If it retests and bounces down we are looking to sell, however if it breaks through the support and goes up, we would be looking to buy. Trade safe traders.

pav4ito Updated 

CAD/JPY expecting a drop back to the trendline and if it breaks, creates a flag then im expecting it to go down to the bigger trendline. My prediction of movement and key levels are posted onto the chart itself. Trade safe traders.

pav4ito Updated 

Im looking to sell CAD/JPY back down to the trendline. This will be a short trade and if successful roughly 90pips will be gained, recently it bounced from key resistance level 89.655. I am looking for a good entry, I have not entered the trade yet. If structure is voided avoid this trade. Care to look out for for the support on the 4H timeframe that its hitting right now.

pav4ito Updated 

GBP/AUD is nearing the top trendline of the bearish flag it is currently in. This if the key level at 1.63898 is respected I will be looking to enter a sell trade all the way to the bottom trendline and if it breaks out even lower. If the key level is respected the gain we are looking at till the bottom trendline is roughly 190pips. However, if the key level is...

pav4ito

Im looking to sell CAD/JPY back down to the trendline . This will be a short trade and if successful roughly 90pips will be gained, recently it bounced from key resistance level 89.655. I am looking for a good entry, I have not entered the trade yet. If structure is voided avoid this trade. Care to look out for for the support on the 4H timeframe that its hitting...

pav4ito Updated 

EUR/NZD confirmed the downside by having a nice drop today. This is the second corrective structure of the downside move. Be ready for another drop. Trade safe traders.

pav4ito

EUR/GBP has finally broken a key trendline, although this is of no significance. The bearish flag it is currently in is confirming the downside. I expect the flag to continue for a little bit before finally dropping.

pav4ito Updated 

CAD/JPY has a very similar setup to AUD/JPY, (check my previous idea). Wait for a small flag before entering a sell trade. Although downside is almost certain. Trade safe traders.

pav4ito Updated 

EUR/JPY has recently broken a key trendline. Wait for a bearish flag before entering a sell trade. Trade safe traders.

pav4ito

GBP/USD is looking weaker and weaker especially against the dollar. The downtrend has begun, we are currently in a small bearish flag, bearish flags almost always confirm further downside. Usually when a pair starts dropping it has small pullbacks, it cannot drop without pullbacks. Entry point, SL and TP are on the chart. Trade safe traders.

pav4ito

AUD/JPY has just broken out of the corrective strucutre it was in. This further confirms the expected downside movement. Trade safe traders.

pav4ito

NZD/CAD is currently hitting a key support level, we are waiting to see if it will bounce again from the support or break through and continue the downtrend. Looking at the white trendline we can also see that on the daily timeframe it is also approaching the trendline. This is all just a waiting game. Make sure you have confirmation of the direction it will go in...

pav4ito

GBP/AUD is continuing its downtrend. It is currently in a corrective structure as expected, this corrective structure confirms the move to the downside. I am currently in the trade, stop loss and TP are on the chart. This is a continuation from my previous idea on GBP/AUD which went perfectly. Trade safe traders.

pav4ito

EUR/USD is at a critical resistance point, if it breaks the 1.17188 level we will be looking to go long, however there is a possibility that it could just retest that level. If so, we will be looking for a trade to the downside. This currency pair has been in consolidation for 2 and a half years.

pav4ito Updated 

GBP/JPY did not manage to reach the top, however the downtrend may have begun. We had a nice initial drop and now a further drop is confirmed by a bearish flag. We also have to note that the trendline has been broken. Trade safe traders.