One can short FX:GBPUSD below 1.2647 where it has broken the Rising Wedge. Target at previous support levels, i.e. 1.2605 Stop at 1.2670
There is a potential completion of a bullish Gartley pattern on the NZDUSD 15 minute chart. One can go long at the completion of the CD leg at 0.72165 Target 1: 0.72377 Target 2: 0.72570 Stop Loss: 0.72025
First Idea here, so please trade at your own risk and do advice and suggest anything I can improve on :) A long can be taken in EURUSD as the price has taken support at the short term trend line along with a buy indication at the stochastics. Target 1: 1.07476 Target 2: 1.07738 Stop Loss: 1.07112
GBPJPY has completed ABC corrective wave (Wave 4) and ready to test previous highs. It has completed 50% Fibonacci retracement of the previous swing move.
OANDA:USDINR CMP - 68.087 Here, I have drawn the important lines. Now trade their support, break and retest. 50 DMA will assist you. Have a specific strategy of position sizing and stop loss which suits your trading plan . Personal suggestion - After entering on a signal candle, exit the trade when 2 more candles are formed, the close of it, that is, 2...
Symmetric Triangle on EURUSD and it may break either side. Trade for Long: Buy above - 1.05490 Target 1 - 1.05780 Target 2 - 1.06070 Stop loss - 1.05105 Trade for Short: Short below - 1.05100 Target 1 - 1.04870 Target 2 - 1.04505 Stop loss - 1.5490
It is a good time to U.S. currency as it is trending up in channel as showed on technical chart. Target: 0.9200 SL: 0.8750
The price action is been range bound in this pair for a while and now I'm looking forward for a big breakout in it. I would appreciate if anyone could share their opinion on it or post something related to it. Regards