- EURJPY is overbought on weekly timeframe
- Broke support trendline to the downside
- Bearish head and shoulders pattern on the 4H
- Momentum to the upside seems exhausted
- Will place sells with tight stoploss
This is a trade idea and not financial advice, use at your own risk! Always wait for confirmation and do not forget your stoploss.
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- AUDCAD holding support
- Broke out the downward channel
- Higher lows on higher timeframes
- Its summertime, expecting less demand for oil and CAD weakness
- Will place buys with tight stoploss
This is a trade idea and not financial advice, use at your own risk! Always wait for confirmation and do not forget your stoploss.
We welcome your thoughts and comments!...
- USDCHF holding support
- Double bottom on support
- Bullish divergence on RSI
- Higher lows on higher timeframes
- Will place buys with tight stoploss
This is a trade idea and not financial advice, use at your own risk! Always wait for confirmation and do not forget your stoploss.
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- XAUUSD respected the bottom of the channel
- XAUUSD respected strong support
- XAUUSD at a strong confluence area
- Bullish engulfing on the daily time frame
- No bad news for gold
- Stimulus may weaken USD and push XAUUSD upward
- Will place buys after top of downward channel has been retested
This is a trade idea and not financial advice, use at your own...
- GBPJPY is sitting at a strong resistance area which has been respected for over a decade now.
- GBPJPY is overbought.
- Bearish divergence on multiple time frames.
This is a trade idea and not financial advice, use at your own risk! Always wait for confirmation and do not forget your stoploss.
We welcome your thoughts and comments! Follow us for more great ideas.
- GBPUSD is sitting at a strong resistance line.
- GBPUSD is very overbought.
- The US indices are also overbought, any move down on those will most likely give USD strength for this move to happen.
- DXY has been rising lately.
- Possibe Pin Bar on this weekly candle.
This is a trade idea and not financial advice, use at your own risk! Always wait for...
- DOGECOIN has formed a bull flag.
- There has not been a "pump and dump" type of sell off.
- There is potential for this pattern to repeat several times in the future.
- There are several useful advantages using DOGECOIN compared to BITCOIN.
- Potentially a good long term investment.
This is a trade idea and not financial advice, use at your own risk! Always...
- GBPJPY is sitting at a strong resistance line which has been respected for over a decade now.
- GBPJPY is very overbought.
- The US indices are also overbought, any move down on those will most likely give JPY strength for this move to happen.
This is a trade idea and not financial advice, use at your own risk! Always wait for confirmation and do not forget...
