JOYFX

NZDCHF
Trend Reversal Update!

Setup is aligning for a 55 pips opportunity here.

Quick sell on GBPAUD as shared on video earlier based on a series of lower high with descending triangle pattern confirming the entry.

Bearish continuation move in play currently running and securing 49 pips. How low can we expect price to go as daily TF is preparing for a reversal buy? 😎😎

Hi Traders
AUDUSD - SHORT
22 February 2022

Daily overview is making series of lower highs suggesting that price could be in its continuation pattern to the downside. There are 3 touches on the inner bearish trendline with reversal candles showing rejection at significant key level.

Looking out for more confluence, we need to drop 1 timeframe lower in order to take position. So what are the confluence to wait for? Here we are looking forward to see broken structure, candle patterns at rejection points and CTL break.

A good reward to risk is expected from this opportunity, 90 to 150 pips could be a possible scenario given that price is strongly looking to retest the daily support zone.

This SHORT opportunity becomes invalid if price continues higher making NEW HIGH from a daily standpoint.

Happy New Year 2022 🎉

May the NEW Year herald a NEW dawn and a time to reflect on NEW goals in your trading journey 🎉

Merry Christmas 2021!
May your HEARTS and HOMES be filled with JOY, LAUGHTER and LOVE this Christmas 🎄🎅⛄🎉

Hello Traders
7 December 2021
EURCAD Short
(Analysis)
Trend Reversal

Criteria1: Daily Resistance ✅
Criteria 2: Divergence ✅
Criteria 3: Wait for break and retest

Entry placement is after a high test candle close

Hello Traders
7 December 2021
CADJPY Long
(Analysis)
Trend Reversal

Criteria 1: Daily support ✅
Criteria 2: Divergence ✅
Criteria 3: Wait for break and retest

Entry placement is after a low test candle close

Hello Traders
7 December 2021
CADCHF Long
(Analysis)
Trend Reversal

Criteria 1: Daily support ✅
Criteria 2: Divergence ✅
Criteria 3: Wait for break and retest

Entry placement is after a low test candle close

Hello Traders
AUDCAD Short
9 November 2021

The daily chart shows multiple level of rejection at 0.9350 suggesting a strong downside pressure for this pair.

The pair now trades in a series of lower highs with a bearish momentum candle close last week. In anticipation of a pullback to retest the key area zone, the bias for the pair still remains SHORT.

Trade entry will be executed upon a high test candle close and all other criteria checked on our confluence list.

Happy Trading!

Wishing you a JOYOUS festival of lights 🎉