We are doing AUDCAD Analysis in Daily Time frame
AUDCAD right Following Down Channel pattern You can try to Buy After Break of the Channel pattern you can But Take profit on previous High point and Stop area below the previous low.
We need to wait for a breakout then think to buy and use Take profit and Stop loss.
Note: This is only for Educational Purpose...
We are doing EURUSD Analysis in Daily Time frame
as you can see right now market is Holding Down channel line Support area. if we take entry from here then our risk to reward was perfect that is 1:3
If our target hitted then we will be in 120 pips profit
Target : 1.13584
Stop area : 1.11660
Note: This is only for Educational Purpose this is not an...
USD CHF - 4 Hourly Chart. Trading within a trading channel currently. One of the trades are over. Now expecting another AB=CD within the same channel. Still some time to go before we reach the levels.
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=128.65.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=127.5.
TP4: S2=126.85.
Set the stoploss of these orders at breakout of R2=128.85.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of...
FX:GBPJPY Sell around 131.290 with SL at 131.640 and three potential targets.
Note:
Please Consult Your Financial Advisor Before Taking Any Decision
Always risk 1% of account size per trade, adjust the position size accordingly
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.1155.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.1195.
TP4: R2=1.121.
Set the stoploss of these orders at breakout of S2=1.114.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of...
The pair has been moving in a falling channel pattern for half a month. The prices have completed the re - test of the upper ceiling at 0.74703 and has started to move towards the south, creating an opportunity to short the pair. The expected target for it to reach is, initially at the centre of the channel at 0.73998 (centre line shown by the dotted line). If the...
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![GBPJPY: GBPJPY Short Setup [4H]](https://s3.tradingview.com/f/FBS74WVv_mid.png "GBPJPY Short Setup [4H]")
