Trade Setup: USD/MXN – 23 Sep 2016

Trade Setup: USD/MXN – 23 Sep 2016

Candle Stick Pattern: After 9 session high, spinning top then changing direction at (1).
Confirmation:

Touched outer band of Bollinger Band at (1).
Stochastic overbought range at (2).

Signal: SELL
Entry Point: 19.637
SL: 19.928 (Highest high of last 3 candlestick bars)
TP: 19.204 (Nearest…
#9SessionHigh, #BollingerBand, #CandleStickPattern, #SpinningTop, #Stochastic, #SupportResistance, #USDMXN
#TradeSetups

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Trade Setup: EUR/GBP – 23 Sep 2016

http://www.myfxguide.com/trade-setup-eurgbp-23-sep-2016/

Candle Stick Pattern: Shooting Star, Doji and then confirming by closing below at (1)
Confirmation:

Touched outer band of Bollinger Band at (1).
Stochastic overbought range at (2).
Retesting previous resistance at around 7th July high.

Signal: SELL
Entry Point: 0.8569
SL: 0.8633 (64 pips)…
#BollingerBand, #CandleStickPattern, #Doji, #EURGBP, #ShootingStar, #Stochastic, #SupportResistance
#TradeSetups

Trade Setup: CAD/JPY – 23 Sep 2016

Trade Setup: CAD/JPY – 23 Sep 2016

Candle Stick Pattern: Bullish Engulfing at (1)
Confirmation:

Touched outer band of Bollinger Band at (1).
Stochastic overbought range at (2).
Retesting previour support levels.

Signal: BUY
Entry Point: 77.20
SL: 76.11 (109 pips)
TP: 79.89 (269 pips)
 

#BullishEngulfing, #CADJPY, #CandleStickPattern, #Stochastic, #SupportResistance
#TradeSetups

Trade Setup: USD/CAD – 22 Sep 2016

Trade Setup: USD/CAD – 22 Sep 2016

Candle Stick Pattern: Variation of Evening Star at (1)
Confirmation:

Stochastic confirming overbought range at (2).
Confirming previous resistance at (3)

Signal: SELL
Entry Point: 1.3110
SL: 1.3250 (140 pips) (Nearest support level at (1) &  (5))
TP: 1.2834 (276 pips) (Nearest resistance l…
#CandleStickPattern, #EveningStar, #Stochastic, #SupportResistance, #USDCAD
#TradeSetups

Trade Setup: AUD/JPY – 19 Sep 2016

Trade Setup: AUD/JPY – 19 Sep 2016

Candle Stick Pattern: Morning Star at (2) & Bullish Engulfing at (1)
Confirmation:

Stochastic oversold range.
Retesting previous resistance at (4)

Signal: BUY
Entry Point: 76.82
SL: 75.94 (88 pips) (Nearest support level at (1) & (4))
TP: 78.71 (189 pips) (Nearest resistance level at (…
#AUDJPY, #BullishEngulfing, #CandleStickPattern, #MorningStar, #Stochastic, #SupportResistance
#TradeSetups

Trade Setup: XAG/USD – 19 Sep 2016

Trade Setup: XAG/USD – 19 Sep 2016

Candle Stick Pattern: Bullish Engulfing at (1)
Confirmation:

Stochastic oversold range at (2).
Retesting previous support at (4)

Signal: BUY
Entry Point: 19.18
SL: 18.64 (54 pips) (Nearest support level)
TP: 20.11 (93 pips) (Nearest resistance level at (3) & (5))
 

#BullishEngulfing, #CandleStickPattern, #Stochastic, #SupportResistance, #XAGUSD
#TradeSetups

Trade Setup: EUR/NZD – 15 Sep 2016

Trade Setup: EUR/NZD – 15 Sep 2016

Candle Stick Pattern: Evening Star at (1)
Confirmation:

Stochastic overbought range at (2).
Retesting previous resistance at (3)

Signal: SELL
Entry Point: 1.5365
SL: 1.5499 (134 pips)  (Nearest resistance level at (1) & (3))
TP: 1.5110 (255 pips)  (Nearest support level at (4))

#BollingerBand, #CandleStickPattern, #EveningStar, #Stochastic, #Volume
#TradeSetups