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Filtrar por etiquetas:  Channel Down
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NZDCAD is bearish

NZDCAD is capped by a falling trendline which is starting to formed a falling channel. The pair is bearish.
Important levels towatch are:
0.9930
0.9775
0.9535
0.9170
0.8650
0.8290
Day Chart
Week Chart
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USDJPY, Ready to short ?

Dear you guys,
Daily frame time is formed some Doji.
Look into the hourly frame time, we can see that price is in channel. I refer to short after break this one.
Trade with care.
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AUDJPY is ranging but will fall

AUDJPY is ranging which is tracing the wave 4 of the 1-2-3-4-5 Emotive Elliot Waves. The pair is likely to fall from the range bound to set up the down channel.
Major Support and Resistant Levels are
89.85
84.35
80.65
76.05
Daily Chart
Weekly Chart
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02042018 USDMXN DOWN CHANNEL

Hello, my dear friends and the fellow community members,
Our USDMXN trade setup discussed yesterday gave an entry today at 18.346. I am expecting the pair to find resistance here as the falling trendline looks strong. I am currently short in the USDMXN with stop-loss at 18.4000 and take profit target at 18.000. Here is the setup.
Happy trading to all.
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AUD/NZD will move down

AUD/NZD will move down towards the support level of 1.590. The pair is falling towards the lower line of the falling Channel.
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AUD/JPY is moving down inside a falling Channel

AUD/JPY is moving down inside a falling Channel . The pair is falling towards the support level of 83.24. The pair then will rebound and move up towards the Upper line of the Channel.
Main support and resistant levels are
90.23
89.14
87.74
85.71
84.30
83.24
Day Chart
Week Chart
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AUD/NZD is showing sign of bearish bias

AUD/NZD is showing sign of bearish bias. The pair has move down past the support level of 1.0849 and is on course to fall towards the level of 1.0590.
Main Support and Resistant Levels are
1.1279
1.1160
1.1022
1.0849
1.0590
Day Chart
Week Chart
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GBP/JPY

GBP/CHF presently mark: 150.700
Forecast: SELL
H4 Key points:
Top Resistance: 156.500
1st Support/Floor: 149.000
Channel: down
Alligator: down
Price is at the top line of the descending channel. Probably will return from now on its downtrend path breaking support/floor. Sell now with setting SL few pips above the referred line. The main trend is clearly down. By the other hand if price breaks-up the channel line consistently then probably it will be a trend reversion signal.
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AUDJPY turning bearish

AUD/JPY has turned bearish with lower low and lower high. The pair will fall towards the lower line of the down channel.
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GBPCAD 1H cart daily review 08.01.2018

The GBPCAD is currently moving in a down sloping channel on the 4H chart. This provides us with the opportunity to trade the channel by placing a buy order at market and a stop just below the most recent swing low - the blue area and a take profit just below the upper channel line - the green rectangle area. Keep in mind this is a trade against the main trend so we must be very careful.
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