by Vivek_Samale | May 27, 2020 | EURUSD, Forex Trade Ideas
EURUSD is trading in channel pattern in shorter time frame also it is forming head and shoulder pattern within channel pattern . according to chart pattern , we think EURUSD may come down towards the support 1 and support 2 as a target 1 and target 2 . one can...
by Vivek_Samale | May 26, 2020 | Forex Trade Ideas, USDCAD
USDCAD is trading in a descending triangle pattern. It is trading for a very long in pattern soon we can see a breakout of triangle pattern on the downside. One can initiate a short position on USDCAD on breakout by keeping stop loss according to the Risk Management...
by Vivek_Samale | May 26, 2020 | Forex Trade Ideas, USDJPY
USDJPY is trading near a strong resistance zone , which as tested several times earlier. It is trading in the ascending triangle pattern as well. We might see a breakout from pattern soon in an upward direction. One can initiate the long trade with a stop loss just...
by Vivek_Samale | May 22, 2020 | Forex Trade Ideas, USDCHF
USDCHF is trading in channel pattern within the support and resistance level as you can see in the chart. We think it might continue to trade in channel pattern till price reaches a support level of long term consolidation trend. One can initiate the trade for the...
by Vivek_Samale | May 21, 2020 | Forex Trade Ideas, GBPUSD
GBPUSD was trading in downside parallel channel pattern, after forming the bottom, it has given a breakout from the channel pattern. We think that price may consolidate until it breaks the resistance line, as shown in the chart because it has immediately tested the...
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