TradeSignalFx

 By Deya Hroob GBP/USD Daily Chart GBP/USD is approaching resistance areas. The trendline and the resistance structure. In order to open long position, I need to wait the price to break above these resistance. If this happens my target will be : 1.4050 , 1.4120 However, if the price turns down from the resistance , the pair may fall again to 1.38 level again. Trade Wise and Good Luck,

 By Deya Hroob This trade idea is based on daily chart. GBP/USD  has formed a well-known Inverted Head & Shoulders Pattern. Last Friday, the neckline (resistance) was broken. Usually, the price returns to the broken resistance. Hence, I will trade the retest. For the targets I always search for  Fibonacci Levels. I will use two different Fibonacci levels taken from different points . So the targets are 1.3080 ,  1.3180 You should ignore this trade set up if the price breaks below the neckline. 

  By Deya Hroob WTI has risen more than 6% in the past two days. Nevertheless, the main trend is bearish according to weekly and daily chart.  The main resistance now is 200-day EMA ( daily chart ). For 1h chart, a golden cross is about to complete which is positive.   If the bulls could take the price above the 200-day EMA, a move to $43.70 is expected. The reasons behind the recent spike according to FXStreet News Portal are..... The latest API data showed a heavy decline in oil inventories.  Moreover,  Hurricane Sally’s expected landfall on the US Gulf Coast had led to more than a quarter of US offshore oil and gas production shuttering as well as key exporting ports. The unpredictability about oil production in the Gulf was bullish for oil prices. Trade Wise and Good Luck,

By Deya Hroob This trade set up is based on daily chart. A well-known H&S pattern has been spotted on EUR/GBP daily chart. It's a bearish pattern. Also, the pair is trading under the moving averages. You should wait a breakout of the neckline, and trade the retest of the broken line. The neckline goes in line with the 0.236 Fibonacci levels at 0.8864 . I used Fibonacci levels to find my targets. The targets are 0.8774 and 0.8665 I have provided two different Fibonacci levels charts. We should neglect the pattern, if the price goes above the moving averages.

Deya Hroob This trade set up is based on daily chart. EUR/CAD is trading inside a falling wedge. It's a continuation pattern. The price now at the upper sloping line where you can also find the 20-day EMA. I will trade the breakout of the upper line with target  1.5700, thereafter 1.5790. It's a Fibonacci level. If the price breaks downwards, the trade set up will be invalid. Trade Wise and Good Luck,

By Deya Hroob This trade set up is based on daily chart. AUD/JPY has formed an ascending triangle. This is a continuation pattern. However, you shouldn't take this as a guarantee, you have to follow the market. I have two buying areas. Firstly, on the uptrend line OR on the breakout of the resistance line. My targets are 77.40 , 78.00 In the flip side, any breakout of the trend line may take the pair to the 50-day EMA . Trade Wise and Good Luck,