by Vivek_Samale | May 19, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY was trading in a falling wedge pattern and now it has given a good breakout from the pattern on the upside, but this upside can be limited in GBPJPY as the price will face multiple resistances on the upside. If long trade initiated on GBPJPY , one should Book...
by Vivek_Samale | May 19, 2020 | AUDUSD, Forex Trade Ideas
AUDUSD is trading in an ascending triangle pattern. Also, it is trading at a strong resistance zone , which can be a triple top pattern, if price reverses from the current level. one can initiate short trade with a stop loss just above the resistance zone . If it...
by Vivek_Samale | May 19, 2020 | EURCAD, Forex Trade Ideas
EURCAD is trading in a symmetrical pattern, which indicates the indecisiveness in the trend. One can wait until the EURCAD breakout from the symmetrical triangle pattern and trade according to the breakout side with the proper risk management system. If You Like Idea...
by Vivek_Samale | May 18, 2020 | Forex Trade Ideas, GBPAUD
GBPAUD is trading in descending parallel channel pattern. It is trading very near to support the level of channel pattern. We might see a bounce back from the current level towards the minor resistance and then resistance line of descending channel pattern. One can...
by Vivek_Samale | May 18, 2020 | EURUSD, Forex Trade Ideas
EURUSD is trading in a descending triangle pattern. It trades at the resistance level of the descending triangle, so we might see it moving towards the support zone level from the current level. One can trade for the short side with a stop loss just above the...
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