by Vivek | 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...
by Vivek | May 18, 2020 | EURGBP, Forex Trade Ideas
EURGBP is forming a descending triangle pattern after giving a good upside rally. Descending triangle pattern is a bearish pattern, it indicate that we may see a downside in EURGBP towards the support level indicated in the chart. Trade for the short side can be...
by Vivek | May 15, 2020 | Forex Trade Ideas, GBPAUD
GBPAUD is trading in a descending triangle pattern. It is trading at the support level of the pattern. We might see a bounce back in GBPAUD price from the current level towards the resistance of the descending triangle pattern. Keep the stop loss just below the...
by Vivek | May 14, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY is trading at the support level of the falling wedge pattern. We might see a bounce back from the current price level on the upside. One can initiate a trade at the current level for long , keeping the stop loss just below the support line of the falling...
by Vivek | May 14, 2020 | Forex Trade Ideas, GBPUSD
GBPUSD is trading at in falling wedge pattern. The current price of GBPUSD is trading at a very strong support level , which is the meeting point of the long term support line and falling wedge support line. We might see the price bouncing back from the current level....
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