ProSignalsFx

ProSignalsFx

The weekly timeframe the pair has returned to the line of the massive channel of which it has broken out. The 4 hour and 1 hour time-frames both point to that the pair in on a decision level. there was a false breakout on the 4 hour chart and now I am long biases. If the daily candle closes below the level, then I will be shorting the pair mid-term assuming...

ProSignalsFx

Eur/gbp pair might present a local long opportunity with a small stop, hence giving a good risk reward profile. Should the price action go the way it is shown by the arrows the first target is certain to be hit, so unload half of your position there. I will update the idea in case that happens, to assess the setup and decide wether to hold the position further...

ProSignalsFx

A cautious look at what Amazon's share price behavior might look like mid/semi-long term. As it is evident from the chart, AMZN is currently trading near all time highs in a range, which is most likely unsustainable, given the upcoming recession. I say we might see Amazon retrace back to it's two year mean price within a 1600-2000 range. 1800-1900 level seems...

ProSignalsFx

A good short opportunity on the AUDUSD pair. Everyone is loading on shorts and the long traders are fixing profits near this level. Hedgers are hedging. So there is a rational reason as to why there should be a bounce from the level. Don't forget to put out a stop loss. Wish you luck!