ThulaniMtetwa

ThulaniMtetwa Updated 

The descending channel pattern is often followed by higher prices, but only after an upside penetration of the upper trend line. The USDJPY has continued channeling downward until it was able to break either the upper trend line. An upside break is bullish.

ThulaniMtetwa Updated 

💱 Pair: GBPUSD 📊 Entry: Sell Stop 1.41372 📈 Target: 1.39768 📉 Stop: 1.42228

ThulaniMtetwa Updated 

As you can notice the rising channel pattern moves upwards, it is also called as Bullish Channel pattern from 4hr timeframe.

ThulaniMtetwa

💱 Pair: AUDUSD 📊 Entry: SELL ORDER: 1801.673 📈 Target: 1782.494 📉 Stop: 1801.673

ThulaniMtetwa

Looks good for a buy

ThulaniMtetwa

Been eyeing this move for a while looking for a deep pullback before being bullish again.

ThulaniMtetwa

Descending channel looking for price to retest support. Buy stop order opened waiting for this to play out in 4hrs. FX:EURUSD

ThulaniMtetwa

We still in the corrective phase. Expecting the longs to gain momentum soon

ThulaniMtetwa

IDENTIFY: Price is in the buyer's territory and we getting ready to test previous support. PLAN: So looking at going long, because of the daily bias of the accending channel TRADE: Place Buy Stop order, anticipating a continuation to the upside. NB: Use risk management to determine the Stop Loss and Take Profit.

ThulaniMtetwa

Interesting level there. Monitoring for a further drop

ThulaniMtetwa Updated 

Monitoring. Waiting. Potential short.

ThulaniMtetwa Updated 

IDENTIFY: Price is in the seller's territory. PLAN: So looking at going short, because of the daily bias of the possible descending channel on 4hr TRADE: Place Sell Stop order, anticipating a continuation to the upside. NB: Use risk management to determine the Stop Loss and Take Profit and a possible retrace is at play here. Which is good for anyone looking at...

ThulaniMtetwa

Interesting Level. Looking for a Long opportunity. I Will wait to see how this one unfolds during this week.

ThulaniMtetwa

Monitoring. Waiting. Potential short.

ThulaniMtetwa

IDENTIFY: Price is in the buyer's territory and bounced off support on the 4hr PLAN: So looking at going long, because of the daily bias. TRADE: Place Buy Stop order, anticipating a continuation to the upside. NB: Use risk management to determine the Stop Loss and Take Profit

ThulaniMtetwa

IDENTIFY: Price is in the seller's territory and the potential ascending channel is at play. PLAN: So looking at going short, because of the daily bias. TRADE: Place Sell limit order, anticipating a move to the downside. NB: Use risk management to determine the Stop Loss and Take Profit

ThulaniMtetwa

Nice range trading opportunity on pair. Will only be looking for sells until we brake the range.

ThulaniMtetwa

IDENTIFY: Price is in the buyer's territory and maintaining the upward trend PLAN: So looking at going long, because of the daily bias. TRADE: Place Buy Stop order, anticipating a continuation to the upside after the pull back. NB: Use risk management to determine the Stop Loss and Take Profit