Good afternoon great members and users of the mt5 forum. hope the weekend is going smoothly and you are keeping safe. i am here once again to share a good trade setup i discovered.
GBP/CHF MARKET VIEW
THE daily timeframe and the 4 hours timeframe of the gbp/chf currency combination are giving good bearish signals which i believe would deliver results. the stoch is turning down on the daily timeframe while on the 4 hours timeframe it is already in sell mode giving good signals of a declining gbp/chf currency combination. from what i see on the charts price has very good prospects of sliding down towards the lower line of the bollinger band on the 4 hours timeframe which is around 1.1819 hence traders should sell this asset. however this is just my view of the market and yours might be different. kindly share your views friends.
wow, instaforex and mt5 forum are the best. wondering why? again i got credited with weekly bonus in the sum of !$17.09 for week 31. i am very happy with this arrangement and want to appreciate the 2 companies. and thanks to you friends and users of the forum too for making my trading journal a good place.
USD/CAD MARKET VIEW
I checked the charts of the usd/cad currency combination and i discovered that the asset has good prospects to push up in price come next week. the technical settings show the stoch to be in buy mode giving good indications of a bullish market. besides the crude oil market is still looking bearish and so i expect this to lead to more increases in the price of the usd/cad currency combination in the coming days. from my conclusion on the asset i will recommend looking for buy opportunities to target 1.3700 in the coming days. kindly share your views of this market friends.
If it comes down from this target, then there can be more profit, so it will be very good to put in a trade sell
Have a nice day.
Hassanmehmood Trading Journal: