cvfxwealth

cvfxwealth

GBPUSD has been ranging in this upwards channel since December with a bias to the south side. The top channel has just been hit and rejected price. We have a broken up trend line on the 4hr and strong bear candlesticks as secondary confirmations. Look to enter at current price area of 1.3785-1.3850 and take profit at the bottom of the channel. Good luck and let...

cvfxwealth

Rule one of Forex analysis: Look left. Price is retesting this pivot area that has acted as past support and now resistance. I expect price to drop down to the next level. Indicators: 1. Strong daily resistance. 2. RSI in sell zone on daily. 3. Bull candlestick exhaustion. Good luck and let me know if I can help in any way. Charles V CVFX Management Trading...

cvfxwealth

This pair has broken a strong support line on the weekly time frame and created a newer low. Pair is overextended and RSI in strong buy zone. I do expect a retrace north back into the weekly range between 0.8800 and 0.9200. Once we have a break and close above 0.8900 I expect price to head to the top of the weekly channel. I'd advise not buying this until this...

cvfxwealth

USDCAD overextended to the southside and looking for a reversal. We have a down trendline break to the north side and price seems to be consolidating. Look to enter at the bottom of this channel and take profits at the top for a 100 pip range opportunity. I'd advise buying only and not selling as a breakout north is expected. Good luck and let me know if I can...

cvfxwealth

Let's keep this simple. :) Rule 1: Look left. Sell entries at backside of broken up trend line and at resistance (past support). Sell down to support leel @ 1.2050 or 1.1900. Good luck and let me know if I can help in any ways! Charles V CVFX Management Trading made Simple Jan 2021: 14%

cvfxwealth

Wedge formation with an expectation of a southside movement. USD index gaining strength. Sell at top of channel down to the bottom of the channel. I will trade only sells as that is the main direction. Good luck and let me know if I can help in any ways! Charles V CVFX Management Trading made Simple Jan 2021: 14%

cvfxwealth

We have an inner broken up trend line to the south side. Expect price to retest the backside to create a right tip then bounce down towards support area of 142.80. Entry @143.85 area TP @ 142.80 SL @ 144.25 Good luck and let me know if I can help in any ways! Charles V CVFX Management Trading made Simple Jan 2021: 14%

cvfxwealth

GBPCAD in a triangle formation with a bias to the south side. Weekly RSI oversold and looking for a correctional move south. Price hitting top of channel and looking to bounce off of it. Sell @ top of channel around 1.7470 TP @ 1.7200 Good luck and let me know if I can help in any ways! Charles V CVFX Management Trading made Simple 2020 Growth: 206%

cvfxwealth

EURUSD has broken up trend line and tested the backside of it. We are looking for a 300 pip move to the south towards 1.1947 area. Expect a retrace north to entry 1 and 2 and look to sell south. Weekly technicals lining up perfectly for a south correctional move: RSI & broken trend line Good luck and let me know if I can help in any ways! Charles V CVFX...

cvfxwealth

GBPUSD is currently at a resistance level on a weekly. Last time price hit this area we had a strong reversal south (Sep 2017). Price is overbought with RSI pointing south. Look to sell at top of this channel to the bottom of the channel and sell at a break below this channel. TP @ 1.3430 & 1.2900 areas long term. I'd recommend taking profit areas of 50-75...

cvfxwealth

EURUSD is poised for the downside after high climbs in 2020. Retrace correction is expected. Up trend line is broken downwards and correctional wave downwards has not occured yet. Look to enter at the backside of the up trend line with your max lot size split into a few positions. Entry @ 1.2175, 1.2200, 1.2265 TP @ 1.1950 Good luck and let me know if I can...

cvfxwealth

GBPCAD in downwards channel, look to sell this down to bottom of channel. Entry, TP, SL on chart. Good luck and let me know if I can help in any ways! Charles V CVFX Management Trading made Simple 2020 Growth: 206%

cvfxwealth Updated 

BTCUSD will climb to the next levels but will always follow technicals. Expect a pull back to these two trend line areas where it will be a prime buy area. Good luck and let me know if I can help in any ways! Charles V CVFX Management Trading made Simple 2020 Growth: 206%

cvfxwealth

GBPJPY Up trend line has been broken, Look to start selling downwards to TP targets in green. Entry @ back side of trendline or earlier for aggressive entries. TP @ 1.3460 Good luck and let me know if I can help in any ways! Charles V CVFX Management Trading made Simple 2020 Growth: 206%

cvfxwealth

GBPJPY short Buy trade RSI lining up well on the 4hr time frame for a retrace up before we get a movement down. See entry TP SL on chart. Good luck and let me know if I can help in any ways! Charles V CVFX Management Trading made Simple 2020 Growth: 206%

cvfxwealth

GBPJPY in a triangle formation with the top channel being tested and rejected. Look to sell at the top of the channel down to the bottom. 1. RSI on large time frame in the sell zone. 2. Top channel tested and rejected, resistance held. 3. We are in a triangle formation with price moving within the two boundaries with the bottom targeted next. Entry @ 142.00...

cvfxwealth

Simple straightforward trade set up. 1. Price on uptrend line. 2. 4hr,2hr,1hr RSI in buy. Expecting price to follow triangle pattern formation. Good luck and let me know if I can help in any ways! Charles V CVFX Management Trading made Simple 2020 Growth: 206%

cvfxwealth Updated 

EURNZD has been fairly volatile the past few months but great for trading these ranges of ups and downs. I will be looking to buy the price once we have the last confirmation: Bull Candle above the red up trend line (green rectangle box). We already have the following indicators for a north movement. 1. Weekly up trend line holding strong and price has tested...