Trade Idea: Buying Gold Reasoning: • Weekly – Potentially forming a Morning Doji Formation (Bullish) • Daily – Bullish engulfing candle yesterday (Bullish) • 4hr - Price action above downward trend resistance and Ichimoku cloud (Bullish) • 1hr – Forming Bullish Pennant (Bullish) Entry Level: 1964.745 Take Profit Level: 1983.725 Stop Loss:...
Trade Idea: Selling EU50EUR Reasoning: • Weekly – Consecutive hanging man candles (Bearish) • Daily – Bearish dark cloud cover after Fridays break higher (Bearish) • 4hr – Bearish outside candle at Ichimoku Cloud resistance • 1hr – Testing Ichimoku cloud support (Neutral/Bullish) Entry Level: 4285.7 Take Profit Level: 4212.8 Stop Loss: 4310.9 Risk/Reward:...
Trade Idea: Selling Gold Reasoning: • Weekly – Shooting star dominates after swing failure below all-time highs • Daily – Rally higher stalled near 1975 yesterday • 4hr - Price action stalled at downward trend resistance and Ichimoku • 1hr – Testing Ichimoku cloud support after evening doji star Entry Level: 1955.415 Take Profit Level: 1930.000 Stop Loss:...
Trade Idea: Selling EU50 Reasoning: Double top completed on the daily chart. Lower prices expected. Entry Level: 4253.5 Take Profit Level: 4205 Stop Loss: 4275 Risk/Reward: 2.3/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in...
Trade Idea: Selling WTICOUSD Reasoning: • Weekly - Bearish engulfing dominates after swing failure • Daily - Bearish outside candle posted yesterday • 4hr - Price action broken down through Ichimoku cloud and previous swing high • 1hr - Forming a bearish flag Entry Level: 69.443 Take Profit Level: 65.425 Stop Loss: 70.040 Risk/Reward: 6.73:1 Disclaimer –...
Trade Idea: Buying EURCHF Reasoning: Ending wedge on the daily and lower end of a range. Entry Level: 0.9725 Take Profit Level: 0.9765 Stop Loss: 0.9706 Risk/Reward: 2.1/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
Trade Idea: Selling Gold Reasoning: Top formation on the daily. Retesting resistance today Entry Level: 1953.32 Take Profit Level: 1919.80 Stop Loss: 1963.45 Risk/Reward: 3.26/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading....
Trade Idea: Selling EU50EUR Reasoning: • Hanging man dominating on the weekly chart • Overnight price action reversing possible shooting star • 4hr evening star forming • 1hr evening star forming Entry Level: 4385.2 Take Profit Level: 4350.4 Stop Loss: 4399.6 Risk/Reward: 2.42:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for...
Trade Idea: Buying USDJPY Reasoning: Pullback into newly formed support on the daily. Entry Level: 138.104 Take Profit Level: 139.58 Stop Loss: 137.50 Risk/Reward: 2.4/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
Reasoning: Posted consecutive negative candles last week, signifying a potential topping formation. Potential ABC correction on daily chart and evening doji star reversal. Downward trending resistance line at 4341. Morning spike higher running into resistance on the 1hr & 4hr chart Ichimoku cloud. Entry Level: 4299.1 Take Profit Level: 4218.4 Stop Loss:...
Trade Idea: Selling GBPJPY Reasoning: Selling into short term downtrend resistance Entry Level: 170.22 Take Profit Level: 168.02 Stop Loss: 170.74 Risk/Reward: 4.2/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
Trade Idea: Selling EURAUD Reasoning: • Bearish engulfing dominates on the weekly chart after swing failure • Bearish engulfing posted yesterday • Price action stalling in front of Ichimoku cloud and previous swing high • Evening star forming now! Entry Level: 1.62818 Take Profit Level: 1.62200 Stop Loss: 1.63100 Risk/Reward: 2.2:1 Disclaimer – Signal Centre....
Trade Idea: Selling XAUUSD (Gold) Reasoning: Another Shooting star candle posted on weekly chart. Bearish outside candle dominating daily price action. Break of support on short term has forced prices below the Ichimoku Cloud. Attempto Entry Level: 2018.845 Take Profit Level: 1993.00 Stop Loss: 2030.00 Risk/Reward: 2.32:1 Disclaimer – Signal Centre. Please be...
Trade Idea: Selling EURGBP Reasoning: Selling into horizontal resistance on the daily chart Entry Level: 0.8709 Take Profit Level: 0.8576 Stop Loss: 0.8754 Risk/Reward: 2.9/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading....
Trade Idea: Selling XAUUSD (Gold) Reasoning: Shooting star candle posted on weekly chart. Bearish outside candle dominating daily price action. Break of support on short term has forced prices below the Ichimoku Cloud. Entry Level: 2011.470 Take Profit Level: 1993.470 Stop Loss: 2017.470 Risk/Reward: 3:1 Disclaimer – Signal Centre. Please be reminded – you...
Reasoning: Posted hanging man candles last week, signifying a potential topping formation. Potential ABC correction on daily chart and evening doji star reversal. Downward trending resistance line at 4341. Morning spike higher running into resistance on the 1hr & 4hr chart Ichimoku cloud. Entry Level: 4332.3 Take Profit Level: 4291.1 Stop Loss:...
Trade Idea: Selling NZDCAD Reasoning: Selling into downtrend resistance on the daily chart Entry Level: 0.85014 Take Profit Level: 0.8420 Stop Loss: 0.8542 Risk/Reward: 2/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
Trade Idea: Selling SPX500USD Reasoning: Hanging man candle posted on weekly chart. Bearish engulfing posted on daily chart. Potential for double top forming. Entry Level: 4127.4 Take Profit Level: 4077.4 Stop Loss: 4147.4 Risk/Reward: 2.5:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses....