USOIL | Potential Upward Movement💡 Trade Idea
📈 Buy Limit USOIL @ 45.95
🎯 Target Profit 48.68
🛑 Stop Loss 44.65
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price manages to breakout of the range and close above it, we expect is a lower correction to the higher side of this range, and then a move upward towards the 48.68 level.
Topdownanalysis
EUR/GBP | Potential Upward Movement💡 Trade Idea
📈 Buy Limit EUR/GBP @ 0.9000
🎯 Target Profit 0.9125
🛑 Stop Loss 0.8939
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price failed to close below the daily support 0.8866, and it posted a double bottom indicating a reversal from downtrend to an uptrend. Now, the price is trading around the neckline of the double bottom and we expect a lower correction before a move upward to the 0.9125 mark.
AUD/USD | Potential Downward Movement💡 Trade Idea
📉 Sell Order AUD/USD @ 0.7419
🎯 Target Profit 0.7340
🛑 Stop Loss 0.7449
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description: The daily resistance rejected the price and now posted a head and shoulder pattern indicating a potential reversal.
GBP/NZD | Potential Upward Movement💡 Trade Idea
📈 Buy Stop GBP/NZD @ 1.9077
🎯 Target Profit 1.9244
🛑 Stop Loss 1.8994
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description: The pair is ranging within a bearish channel and it showed a double bottom indicating a potential reversal. The price now is sitting around the neckline and there is a high probability to see the price shooting to the upside.
NZD/USD | Potential Downward Movement💡 Trade Idea
📉 Sell Order EUR/AUD @ 1.6303
🎯 Target Profit 1.6146
🛑 Stop Loss 1.6372
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description: The pair failed to close above the daily resistance (1.6336) and it posted a head and shoulders which indicates a reversal. The price manages close below the highlighted zone and breakout of the channel to the downside which signals a move downward.
NZD/USD | Potential Downward Movement💡 Trade Idea
📈 Sell Limit NZD/USD @ 0.7057
🎯 Target Profit 0.6941
🛑 Stop Loss 0.7084
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description: The pair is trading within a bullish channel but reached a daily resistance. This resistance might be difficult and lead to a reversal especially, we have a double top posted near it. Lets see if the NZD/USD will drop to the 0.6941 level.
EUR/USD | Potential Downward Movement💡 Trade Idea
📈 Sell Order EUR/USD @ 1.2047
🎯 Target Profit 1.1964
🛑 Stop Loss 1.2088
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description: The price failed to break the daily resistance (1.2088), and it posted a double top which indicates a potential reversal. The price is trading around the neckline of this pattern, so we expect a move downward towards the target profit.
EUR/AUD | Potential Downward Movement💡 Trade Idea
📈 Sell Limit EUR/AUD @ 1.6336
🎯 Target Profit 1.6146
🛑 Stop Loss 1.6393
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description: The pair is trading within a bullish channel. It reached a daily support by posting a double top. We will wait for the price re-test the neckline of this pattern and go for a sell position towards the 1.6146 level.
Potential Aggressive Move Downward💡 Trade Idea
📉 Sell EUR/NZD @ 1.7030
🎯 Target Profit 1.6821
🛑 Stop Loss 1.7097
❌ Do not risk more than 1% of your account on each trade
🙂 Good Luck!
The price is trading within a bearish channel. It posted a higher correction towards the 1.7056 previous support. Now, our expectation is a move to the downside since it was rejected from the resistance trendline or the upper side of the channel.
NZDUSD Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: NZDUSD is sitting around a strong resistance in green so we will be looking for sell setups on lower timeframes.
on H1: NZDUSD is forming a channel in red (not valid yet) so we will be waiting for a third swing to form around it to consider it valid and sell on its break downward.
Trigger: Waiting for a momentum candle close below the gray area to sell.
NB: Until the sell is activated, this one would be overall bullish .
Good luck!
Top Down Analysis CADJPYHere is my analysis for CADJPY. If you see something else, feel free to comment. I would love to see your analysis and try to see what you may see. Please, like, comment or follow.
(Monthly TimeFrame)
(Weekly Time Frame)
(Daily Time Frame)
(4hr Time Frame) Here is where we look to enter our positions.
NFP FRIDAY! My teacher advised the beginner class to not trade today since it would be our first non-farming payroll release. However the number didn’t meet expectations but they weren’t too bad.
I have been watching the DXY since 9 a.m. and there has been much indecision since the numbers came out. I don’t usually trade DXY but from my observations it appears that there maybe a bearish move coming soon.
What are your predictions?
EURGBP-The dumbest trade of all time???I'm not doing this seriously, but this should be a fun experiment.
I'm applying a brand new strategy here, trying to use the weekly and monthly levels.
It would be too crazy if this actually works out, but hey, you never know until you try...
Hey, before you scroll through and ignore this idea, just please check on the future price movements.
Again, if it works then it is just the craziest thing that you've ever seen in your entire life, right?
Sure it has high RR because the SL is like 4 pips and whatnot, but if I move the SL to the R1 pivot then it would have 5R, which is still pretty good.