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25 JAN 17 | NZDUSD TRADE SETUP

killer195175 Updated 25 Jan em #Trader's blog #Resistance #Trendline #Confluence #Nzdusd #Sell Signal

Hello fellow traders and community members,
There is a high probability for the NZDUSD to find resistance near .7300 area as this is the confluence of the two trendlines.
NZDUSD DAILY CHART

The idea is to wait for the price action on the daily chart and see a bearish engulfing or the bearish pinbar to place the trade.
Happy trading to all.

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8 DEC 16 | GBPUSD | SELL SETUP EXECUTED

killer195175 Updated 8 Dez em #Trader's blog #Gbpusd #Sell Signal #Ascending Triangle

Hello fellow traders,
Our GBPUSD setup discussed on 4 Dec 16 has been executed and the pair has shed more than 200 pips from the level of confluence of resistance. A close below the trend line is required to see previous low of 1.19198
DAILY CHART
4 HOUR CHART
I expect the pair to reach 1.2520 before it finds the support and some profit taking may happen there which may result in rising up to touch the horizontal line again where we may witness a big sell off again. Well, this is just a speculat…

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killer195175's Blog

25 JAN 17 | NZDUSD TRADE SETUP

8 DEC 16 | GBPUSD | SELL SETUP EXECUTED