AUDUSD Short Trade Setup – 28 Jul, 2015

  AUDUSD short set up with a simple trendline breakout on hourly in harmony with the bearish trend on all the higher timeframes. Zooming in on a trade from the highest timeframe to the tradable hourly or H4 timeframe for a precise entry is one of the most difficult tasks when it comes to trading. … Read more

USDCAD Bearish Shark Short Trade – 30th June 2015

  A bearish Shark pattern has been completed on USDCAD 4H timeframe. Shark is one of the most probable patterns as the completion D point naturally falls at a significant level. In this case D point is the 3rd retest of the 1.25620 level. The beauty is that even if price fails to reach the level and … Read more

CADJPY Trade Idea At a Key Confluence Zone – 29th Jun to 4 Jul 2015

CADJPY price is currently in a high-confluence reversal zone. There are several factors to suggest that we may expect a reversal of the current bullish trend. Here’s the top-down analysis. Weekly Chart Overall weekly trend is bullish. In the context of higher timeframes, price has moved only sideways in a rangebound market since 2013 (range zone marked … Read more