Hello Traders , continuation of Short trades on EurCad based on Trendlines
Hello Traders , We have noticed SHORT opportunity , as price after being rejected by 50 DMA is moving towards flat 20DMA BB , trend is Downwards in Both 1HR & 4HR chart , Please follow us for more updates & ideas
Hello Traders , Oil is currently trading in Range and since price is in Downtrend in Daily but corrective Uptrend in 4HR chart , we suggest waiting for Trend to confirm itself in either directlion by breaking above any of our trendlines , once breakout and retest is confirmed we can enter LONG OR SHORT , till then we advise to let price action chart its course...
Hello Traders, GBPCAD is trying to break free from Strong Cluster of price action range , Because of fundamental reasons we expect GBP to remain well BID in coming sessions, As per technical point of view GBPCAD is in Minor Uptrend in 1hr - 4hr chart , and in Daily Price is trying to break through 20MA BB & Kijun sen towards up which are exerting some resistance...
Hello , For counter trend scalping setup we have entered LONG on Breakout and retest of Descending trendline , In Daily price is trying to come out of Ichimoku Cloud also where resistance remain , therefore making it a risky setup to be entered with strict money management rules and small lot size only. Thanks..
Hello, Following up with our weekly anallysis of USDJPY posted earlier , we find LONG opportunity in USDJPY today , For more information about trade setup ,please check our USDJPY weekly analysis post. Thanks, Happy trading
We are expecting price to move down a bit before and retest lower range levels today ... This analysis is for expected price movement only . we have not entered any trade on GBP today , Thanks.
We entered short because Pair Broke the trading range and retested , movement towards 0.8850 Zone is expected , Please be advised that all analaysis and trade entries that we post are based on solely technical analysis , hence its recomended to consider fundamentals also and if any big news coming before following our analysis in order to avoid whiplashes....
Hello Traders, Oil is in initial stage of Uptrend in Daily chart , however price has been rejected by 50 MA in daily , since crossing over 9/21 MA in previous sessions of trading a retest of MA's is also due , therefore we expect price action to retest support levels before moving higher , Please note that this is short term counter trend scalping analysis...
These forecasts are based on interesting patterns found in Weekly charts , i will be updating such forecasts on different pairs after weekly candle close on sighting of opportunity , Please like share n follow me for updated trades during the week
These forecasts are based on interesting patterns found in Weekly charts , i will be updating such forecasts on different pairs after weekly candle close on sighting of opportunity , Please like share n follow me for updated trades during the week
Hello Traders , We are expecting USDJPY to move up towards its 50SMA on weekly , since price is at major support and indecision towards downside is seen . Also whenever we see this type of condition in bollinger band when price is far out of band in higher time frames most of the times price tends to come back inside the band's trading range and many times...
Hello , Since my last idea of shorting USDCAD pair has been running beautifully in downward trend , out of about 400 PIPS of move , i was able to capture around 250 PIPS or more with Trailing stop loss , Now i believe that price is headed towards 1.30 Zone after breaking and retesting of TRENDLINE , which would be another 200 PIPS move in coming days,...
Hello , in 4 hour we get strong SELL signal and in daily chart also price has just crossed below 20 MA Bollinger after rejection from 50 MA , since 20 BB moving averages in daily is still facing up i would not consider it for long term SHORT , for now i would be happy to get these 100 or more pips. :) .. Later if price retests 20 MA BB , and continues...
Hello Traders, I am taking this GBPJPY SHORT setup now because of good RR and overall bias with GBP is short along with price inching towards Top of Channel line ,Price action also seems to be loosing upward strength from last session , only risk factor involved would be weakness in JPY too , i have been waiting for renewed strength in JPY for sometime and...
Hello , Just sold Euro aussie , EURAUD seems SHORT to me because price is being pushed down after 9/21MA cross in 4 hour chart and in daily it has crossed 20 MA BB towards downside and heading towards 50MA ,price action is moving in downward channel in 4hr , rejected from 1.6050 level again after attempted breakout .. I would be trailing this trade with...
You can long from now , or wait for price to retrace and test upward trendline , as in Daily chart price is trying to push further 20MA of bollinger band hence there are good chances of retracement too ... overall short term bias in AUDCHF is long in 4HR ,
Price has broken upward channel line , also in Daily chart price has been sent back from 50MA and going towards retest of 20MA