NZD/CHF Forms Head And Shoulders Chart Pattern
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The crypto market cap moved up by 4% to $197.67 billion, on 30.1 billion of traded volume during the last 24 hours, which is a 64.25% increase. The bitcoin dominance grew slightly and is now 68.65%. BTC/USD is moving upwards; it has formed an upside continuation pattern at 7355.00. Possibly, today the pair may test this level from above and then resume growing with the short-term target at 7688.00. Later, the market may start a new correction to return to 7355.00 and then resume the uptrend with the key target is at 10000. Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allows you to be good in overall pips profit. Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum […]
The year 2019 was rather a balanced one for oil prices, as the early rise was evened out in the rest of the year. The US-China trade war fueled the global economic slowdown undermined the efforts of the Organization of Petroleum Exporting Countries (OPEC) and its allies to balance the crude market and ramp up oil prices. Stepping into 2020, the oil industry is on a verge of witnessing a massive shake-up, in the face of the International Maritime Organization (IMO) regulations –IMO 2020– effective from January. Further, the global economic slowdown appears to have bottomed out while oil demand growth outlook has turned upbeat, calling for higher prices next year. The upside potential in oil prices, however, may be limited by a likely US-China trade re-escalation and dwindling Chinese oil demand. Signal Specification Pair:USOIL Entry Type:LONG Entry: 60.47 Tp: 66.91 Sl: 55.95 R/R:1.43 Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 […]
The buying interest surrounding the pair picked up some additional pace in the last hour on Friday …following the disappointing release of Canadian macro data, showing that monthly retail sales plunged by 1.2% in October as against consensus estimates pointing to a 0.5% growth. Signal Specification Pair:USD/CAD Entry Type:BUY Entry: 1.30558 Tp: 1.33230 Sl:1.29751 R/R:2.59 Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allows you to be good in overall pips profit. Roy McBruckes are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: This is my trading experience, it is not an invite or recommendation to trade. Best Wishes Forex Tamil ———————————————————————————— If […]
Flag chart pattern are primarily known for signaling a continuation of the previous trend. The flag chart pattern is formed right after a bullish or bearish price movement followed by a period of consolidation. This is where price tends to take a pause before continuing in the original direction of the trend. As we can see…our chat technically….forms a flag bullish pattern and we wait for price to continue the up trend …….. But Fundamentally……..we could see :The GBP/USD pair reached a multi-week low of 1.2978 and finished last trading week around the 1.3000 figure, as fears of a hard-Brexit weighed on the pound. Concerns were triggered by PM Johnson, as he ruled out the possibility of extending the transition period beyond 2020. Better-than-anticipated UK data failed to support Sterling, with the kingdom’s GDP revised higher in Q3 to 0.4% from 0.3%. On Friday, the UK Parliament passed the Withdrawal Agreement Bill, paving the way for the UK to leave the Union by January 31. The bill will now move to the House of Lords and is expected to pass with no issues. That said, the market may read this event as negative, as it will lift odds of a no-deal […]
Trading volume is likely to be low this trading week amid holidays. Look at price touching our support for an entry … The economic calendar shows a few releases. On Monday in the US, the Durable Goods Order report is due. Trump’s impeachment and the negotiations between the US and China could dominate headlines. “In the UK, focus is on the Brexit process but given PM Boris Johnson’s large majority, it seems that nothing can prevent the UK from leaving the EU by 31 January. Focus is set to turn to the upcoming negotiations on the future relationship. Investors, who initially rallied on Johnson’s big election victory, have become more concerned this week, as he intends to write into law that the transition period cannot be extended”, explained analysts at Danske Bank. Signal Specification Pair:GBP/USD Entry Type:Long Entry: 1.27938 Tp: 1..33123 Sl: 1.26056 R/R: 2.76 Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It […]
A double top is a reversal pattern that is formed after there is an extended move up.The “tops” are peaks which are formed when the price hits a certain level that can’t be broken.After hitting this level, the price will bounce off it slightly, but then return back to test the level again.If the price bounces off of that level again, then you have a DOUBLE top! In the chart you can see that two peaks or “tops” were formed after a strong move up. Notice how the second top was not able to break the high of the first top.This is a strong sign that a reversal is going to occur because it is telling us that the buying pressure is just about finished. We expecting a breakout @ 81.296 around the neckline area….. Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits […]
For the second straight day on Thursday, the USD/CHF pair fluctuates in a tight range near 0.9800 and struggles to set its next short-term direction. The lack of significant macroeconomic data releases and fresh developments surrounding the US-China trade conflict causes the market action to remain subdued. Additionally, the market sentiment fails to provide any direction clues with the 10-year US Treasury bond yield adding more than 1% on Thursday while major European equity indexes suffer modest losses. Signal Specification Pair:USD/CHF Entry Type:BUY Entry: 0.97852 Tp: 0.99798 Sl:0.97016 R/R:2.33 Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allows you to be good in overall pips profit. Roy McBruckes are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours. Note: Everything […]
All things being equal, the GBP/CAD exchange rate might edge lower within next week trading sessions, after price broke our trendline….we wait for a pullback before a nice drop we start……….However, technical indicators demonstrate that the currency exchange rate might continue its upward movement during todays trading days. Meanwhile there are various high impact news coming out for the GBP today: (Retail Sales m/m, MPC Official Bank Rate Votes,Monetary Policy Summary, Official Bank Rate) Caution on all GBP Pairs………. Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allows you to be good in overall pips profit. Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours. Note: Everything works with Best money management. Note: Please leave comments for any query. […]
Today’s intraday price action has been bearish so far. That suggests that the price may produce a bearish corrective candle today. Let SEE the resistance levels that may hold the price and drops the pair….Thus, the buyers may wait for bullish momentum to go long on the pair. If it makes an upside breakout at our resistance highest high, the pair may remain bullish on the daily chart for a few days. Today’s intraday price action will be bearish. . Signal Specification Pair:CHF/JPY Entry Type:SHORT Entry: 111.843 Tp: 106.732 Sl: 113.756 R/R:2.67 Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allows you to be good in overall pips profit. Roy McBruckes are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 […]
