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Do you know how to trade a BULLISH CHANNEL BREAKOUT?? In this video we show you how to trade one with one of our trading strategy. Love this video? Share with friends, like and comment below.. We highly recommend to follow @fxklex for more Forex educational contents #Forex #forexlifestyle #forextrader #forextrading #forexmarket #forexsignals https://www.instagram.com/p/B71I0KXALN1/?igshid=47eojrvsefzb
Do you know how to trade the BULLISH CHANNEL BREAKOUT? In this video we will show you how to trade this with one of our reliable trading strategy Love the video? Kindly like, share and comment below Thanks for watching.... Trade well Allen @fxklex #Forex #forextrader #forexsignals #forextrading #forexlifestyle #forexmarket https://www.instagram.com/p/B70FRaWgjXP/?igshid=3gpamackgrj
Hello Forex Trader, I just wanted to share with you my latest personal view on the USD/CHF DAILY CHART MARKET ANALYSIS (23RD-Jan-2020). As we can see in the image above, the currency pairs had been fluctuating within the range right from June-2020 from the last weekly bearish candle @26th-May-2019 formation which brought the market into this rectangular channel. While on the intermediate uptrend price have been bouncing in a rising channel which is a strong signal of a bearish implication. Price have been bouncing up and down at key-level support @0.6862 and now again seams this week wants to carve another bearish pin which may act as a signal to interest sellers to coming again with full force to pull price more bearish. Same on Wednesday 22nd, the close candle formation did carved a bearish pin bar which was below our support key level. A daily close or rejection of today’s 23rd candle below our key-level support @0.96862 will show sigh of the currency pairs weakness. Are you interested to see how I’m gonna trade this currency pairs?? Click here to see how I’m trading it 👉:https://bit.ly/2SL1h0L What do you think about this currency pairs? Remember the comment box is all yours..👇 Trade well, Allen @fxklex #Forex #Forextrader #Forexsignals #forextrading https://www.instagram.com/p/B7qllgKgEpz/?igshid=10xjtaz6sai5v
Hello Forex Trader! I just wanted to share with you my personal view on the GBP/USD currency pairs. GBP/USD 4HR (21ST-JAN-2020). We can spot price bouncing thereby carving a formation of a symmetrical triangle. On the daily time frame the trend is on a bullish trend while potential support lies @1.29855 and potential resistance @1.31782. Navigating back to historical record we can see the potential support key-level @1.29855 had served as an active region of price rejection right from last year October 2019. Therefore ; I wouldn't be surprise if the bulls defend this zone to break to an upside. Are you interested to see how I’m gonna trade this currency pairs?? Click here to see how I’m trading it 👉:https://bit.ly/2SL1h0L What do you think about this currency ? Remember the comment box is all yours..👇 Trade well, Allen @fxklex #Forex #Forextrader #Forexsignals #forextrading https://www.instagram.com/p/B7lRYxag7gX/?igshid=1994w33h3vz7d
Hello Forex traders, here's an image of Major news release date/times for the following week. Its a busy week and traders need to be very careful executing trades Are you interested to see how I’m gonna trade this news release?? Click here to see how I’m trading it 👉:https://bit.ly/2SL1h0L What do you think about this fundamental factors ? Remember the comment box is all yours..👇 Trade well, Allen @fxklex #Forex #Forextrader #Forexsignals #forextrading https://www.instagram.com/p/B7hWB0ZgR8H/?igshid=1ad42agmsicqi
Chart pattern entry level traders must learn to trade I highly recommend you follow @fxklex. Learn what it takes to be a professional trader and start executing trades yourself! #Forex #forextrader #forextrading #forexsignals https://www.instagram.com/p/B7fkcL5Ayfi/?igshid=1ucy3axejhc0z
WHAT'S AN EXHAUSTION BAR? What does it look like?? A bullish exhaustion bar opens with a gap down. Then, it works its way up to close near its top. A bearish exhaustion bar opens with a gap up before moving down to close as a bearish bar. In both cases, the gap remains unfilled. Also, high volume should occur with the exhaustion bar. What does it mean? Its name explains it all. It represents exhaustion and a failed last-ditch attempt. After the bears are exhausted, the bulls will take over, and the market will rise. After the bulls are exhausted, the bears will take the market down. How do we trade it? Buy above a bullish exhaustion bar Sell below a bearish exhaustion bar Are you interested to see how I trade this formation?? Click here to see how I’m trading it 👉:https://bit.ly/2SL1h0L What do you think about this image ? Remember the comment box is all yours..👇 Trade well, Allen @fxklex #Forex #Forextrader #Forexsignals #forextrading https://www.instagram.com/p/B7beNHdgZuL/?igshid=15drbxrwdse2u
NZD/CAD 4HR (17TH-JAN-2020). Price have been bouncing for quite some time right in a rectangular box which gives a signal of trade within the range. My strategy doesn't conform to short distance rectangular range market whenever such price action doesn't obey reasonable 2R ratio. I'm patiently waiting for a breakout in direction for a continuation to the previous bullish trend. Are you interested to see how I’m gonna trade this currency pairs?? Click here to see how I’m trading it 👉:https://bit.ly/2SL1h0L What do you think about this currency ? Remember the comment box is all yours..👇 Trade well, Allen @fxklex #Forex #Forextrader #Forexsignals #forextrading https://www.instagram.com/p/B7bFPDAg4HR/?igshid=10lzanwq7gavq
USD/CAD 4HR (17TH-JAN-2020). Will price break up or down??. Well accordingly to the daily time frame we can spot the currency pairs on a bearish short time trend so I wouldn't be surprise if price breaks below Secondly, technically in a descending triangle price have high tendency to fall below. Are you interested to see how I’m gonna trade this currency pairs?? Click here to see how I’m trading it 👉:https://bit.ly/2SL1h0L What do you think about this currency ? Remember the comment box is all yours..👇 Trade well, Allen @fxklex #Forex #Forextrader #Forexsignals #forextrading https://www.instagram.com/p/B7a8n49A3mJ/?igshid=e48fnbmn3mf3
Hello Forex Trader, I just wanted to share with you my latest personal view on the GBP/AUD DAILY CHART (16th-Jan-2020) market analysis. The currency pairs had been bouncing forming a formation of an inverted triangle which some technical analyst do call Megaphone triangle but it doesn’t matter whatever name you prefer to call it. what really matter is knowing the implication or possibility outcome of the formation. Right from a LOWER-LOW carved from 30th-July-2019 with a formation of a bullish pin bar, the currency pairs had been rally up right since then. Price have been respecting our dynamic support trend-line to an HIGH-HIGHS in 16th-Dec-2019 whereby price was been rejected by an opposite of a bullish pin called bearish pin bar. Price retested our dynamic support trend-line from 24th-Dec-2019 and 14th-Jan 2020. Technically viewing this action I can spot sigh of weakness for the pairs due to the short distance of retest between this retest of our dynamic support trend line and can be called clustering of price If the trend is strong, price ought to have proceed to carve a new HIGH-HIGH before a retest of our dynamic support once again. Alternatively I can spot a formation of an INSIDE-BAR which can constitute as a signal interest for buyers. Do remember horizontal key-level acts @1.90886 and a daily close above this level has high probability to trigger more momentum for the bull to retest previous HIGH-HIGH. If the bull failed to defend the dynamic support trend-line, this may give signal of the bears coming in to move the currency pairs to retest horizontal key-level @1.85433. Are you interested to see how I’m gonna trade this currency pairs?? Click here to see how I’m trading it 👉:https://bit.ly/2SL1h0L What do you think about this currency ? Remember the comment box is all yours..👇 Trade well, Allen @fxklex #Forex #Forextrader #Forexsignals #forextrading https://www.instagram.com/p/B7X3WiqAj9f/?igshid=2mbdtih9msoo
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Hey!😉 check another potential trade opportunity setup below
I just want to share with you in this post where I'm focusing my attention on at the moment on my trading chart...
I'm watching out on GBP/USD on the DAILY TIME FRAME.
Price have been going through consolidation phase for 32 trading days and we have a breakout on 33rd trading days which is today....
Will the bull sustain this breakout for an upward movement to test our next resistance level @1.3315??
Well we need to see a daily close above 1.2981 to give a signal the bulls are ready for another ride.
A daily close above keylevel @1.2981 have high probability to turn this level to our next support level for an upward movement but a daily close below this keylevel @1.2981 may signal a fake breakout.
Remember our horizontal support [email protected] and a daily close below 1.2981 may result into another medium of consolidation phase which may interest sellers to retarget support @1.2582 .
Well the bulls have alot of task to get done to defend above 1.2981