Strong Support!USDSEK 15 Minute TF
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USDSEK Broke down from the supporting trendline a few hours ago and sustained the breakout as well
However it is back at a strong support once again and is expected to make a double bottom and give a strong reversal!
The MACD has been consolidating since some while and is also expected to give a big crossover
SL can be Set between the 2 Lower supports
With the Targets at TGT and TGT 2,
Make sure a reversal is seen before entering!
Possible pips-0.037
RR-3
Forexsignals
REVersalURUSD 15 Minute TF
EURUSD Is back at it’s resistance and we can expect a good short
A good entry can be taken now with a small SL at SL 1
A small TGT of TGT 1 can be taken now with a better TGT of TGT 2 ,
The RSI is also at it’s resistance and Is showing signs of a reversal after a consolidation.
Possible Pips-0.01
RR-Up to 10
Bounce Back Once Again?INRUSD 1D TF
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INRUSD has once again come to retest the bottom support and a bounce back is expected soon
Once a breakout over the 0.0134 level is seen a entry can be taken with a short term target of TGT 1 and long term target of TGT 2, a safe SL at the lower trendline can be kept.
There is a Bullish MACD Crossover also coming and the previous crossover cam at a similar level and gave a HUGE reversal
Possible Pips-0.0001 (0.75%)
RR-5
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
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