by Vivek | May 14, 2020 | EURGBP, Forex Trade Ideas
EURGBP is trading in a rising wedge pattern. It has tested a long term resistance line but failed to give a breakout from the resistance line, so we think it might reverse from the current point towards the support, which will be the first downside target for EURGBP ....
by Vivek | May 13, 2020 | Forex Trade Ideas, NZDUSD
NZDUSD is trading in expanding wedge pattern. It has taken support at support zone and bounces back from the support zone . We might see this bounce back proceeding towards the resistance level of expanding wedge pattern. One can trade for long on NZDUSD with a stop...
by Vivek | May 13, 2020 | Forex Trade Ideas, GBPCAD
GBPCAD is trading in parallel channel pattern for a long time. It is now at a very crucial point of the breakout in the parallel channel pattern. One can initiate the short trade on pair with a stop loss just above the trend line . If You Like Idea Do-Follow For More...
by Vivek | May 13, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY is trading in a falling wedge pattern. We might see further downside in GBPJPY , which can give good 50 or 60 pips profit for the downside. One can take short trade with a proper risk management system at the current level. If pair consolidates at the current...
by Vivek | May 12, 2020 | Forex Trade Ideas, GBPCHF
GBPCHF has given a good breakout from a symmetrical triangle. It has tested support 1. Now it might break the support 1 and move down towards the support 2, which will be target 2 for the GBPCHF . If You Like Idea Do Follow/Comment/Like For More Quick Update.Note...
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