Simple Retest Breakout TradeINREUR 4H TF
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INREUR has been in a sideways trend since several months and it may have finally broken out!
The Rsi has been falling since several days and is showing clear weakness.
A lower breakout was seen some candles before and is now retesting,If it is not able to break back in the upper channel a lovely short opportunity forms
A good entry can be taken now with a short term target of TGT and longer target of TGT 2,
Keep a safe SL near SL,
It seems like a promising trade!
Possible Pips-0.00015(1.5%)
RR-3.2
Forexanalysis
Reversal Trade!GBPZAR 1H TF
Reversal Trade
A sideways Trend is seen now
It has been consolidating since quite some time now a good move should be coming anytime now!
A nice SL of the low can be used with a high target of the upper resistance which may also be taken out soon!
A Good entry can be taken now!
Volumes may increase as well
Possible pips-0.29
RR-3
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New High Soon?GBPJPY 1D TF
An Ascending channel can be seen with Higher highs and higher lows being formed again and again,
It is once again near the lower support line and a reversal should be seen now!
A good entry can be Taken now with a Safe SL at the previous swing low
A good target can be achieved over the previous high and a new high should be coming now!
SELL only if rejection is seen from the top!
Possible Pips-6.4 Pips
RR Ratio-3
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Quick Trade!USDGSD 15 Minutes
rising triangle can be seen
However a Bearish RSI divergence is also seen,
It has been building since the start and a lower breakout may be seen now
A good entry can be taken now
With a small SL of the current Candles high
TGT can be set at 1.349 which is a strong demand zone
RR-4
Possible Pips-0.0024
However, be cautious of a bounce-back!
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USDCNH Quick Trade!USDCNH 1 H TF
Contracting Triangle can be seen,
USDCNH is at final wave and a move is to be made , It should reach E,
A bullish MACD Crossover is also seen!
Entry can be taken now,
With SL at previous Low ,SL 1, aggressive SL but should be enough
First target of TGT 1, if reversal is seen then exit however If not then scenario 1 can be played out!
If reversal is seen then take short entry!
Possible pips-0.0033
RR Ratio-3.33
EUR/NZD BUYING SIDEHello guys i had find this trade in 1D timeframe which had respected trendline and trying to break the horizontal line after it break we can wait for retest and have a good opportunity to buy with below sl at support and target near resistant and plz before taking any position plzz study chart yourself.if you like my analysis plzz like share and follow thank you